Please note that March 19, 2026 is a settlement holiday on account of Gudi Padwa.
While the markets will remain open for trading, the clearing and settlement activities (pay-in and pay-out of funds and securities) will remain closed for the day. Due to this, multiple settlements will be processed on March 20, 2026 with revised timings.
What this means for you ?
Just a few things to keep in mind:
- If you buy stocks on 18th or 19th March 2026, they’ll be settled on 20th March in multiple cycles. So, it’s better to plan your trades accordingly and avoid BTST trades on 18th March.
- On 20th March, pay-in obligations will happen at different times during the day. Make sure you have enough funds and securities in your account to avoid any issues.
- If you place a fund withdrawal request on 18th or 19th March, it will be processed only after settlement is completed on 20th March.
Your account balance on 19th March will not reflect the following credits:
Intraday profits from Equity trades executed on 18th and 19th March 2026
Credits from F&O and Currency Derivatives trades on 18th and 19th March (including options premium and futures MTM profits)
Credits from Commodity Derivatives trades on 18th and 19th March (including options premium and futures MTM profits)
These unsettled credits can be viewed in your fund statement. Please note that settlement obligations on 20th March will be processed in multiple batches with different timings.
Important Points to Note
Pay-in and pay-out of funds and securities on 20 March 2026 will happen in multiple cycles during the day (morning, mid-day, and evening).
Members are advised to ensure early availability of funds and securities to avoid shortages.
No auction will be conducted on 20 March 2026.
We recommend planning your trades and obligations accordingly.
What is a settlement holiday?
Think of a settlement holiday as a "trading-only" day. While the stock market remains open for buying and selling, the actual exchange of money and shares does not happen. This happens because banks or depositories (NSDL/CDSL) are closed, pausing the standard T+1 cycle of settlement of securities and funds. On 19th March 2026, because of Gudi Padwa, while the markets are open, no settlement will happen on the day.
How does it affect you?
Since settlement marks the official transfer of ownership of securities, not just the moment you click "buy", a holiday leads to adjustments in the settlement schedule. In this case, settlements are clubbed on the next working day, resulting in multiple settlement cycles on 20 March. This means you may see multiple credits/debits in your account at different times and need to ensure timely availability of funds and securities.
For any assistance, please reach out to your Relationship Manager or our support team.
Stay informed and plan ahead.