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Clearing & Settlement holidays

Clearing & Settlement Holidays 2024

Sr. No Holidays Date Day
1 Special Holiday 22 Jan, 2024 Monday
2 Republic Day 26 Jan, 2024 Friday
3 Chhatrapati Shivaji Maharaj Jayanti 19 Feb, 2024 Monday
4 Mahashivratri 08 Mar, 2024 Friday
5 Holi 25 Mar, 2024 Monday
6 Good Friday 29 Mar, 2024 Friday
7 Annual Bank Closing 01 Apr, 2024 Monday
8 Gudi Padwa 09 Apr, 2024 Tuesday
9 Id-Ul-Fitr (Ramadan Eid) 11 Apr, 2024 Thursday
10 Ram Navami 17 Apr, 2024 Wednesday
11 Maharashtra Day 01 May, 2024 Wednesday
12 General Parliamentary Elections 20 May, 2024 Monday
13 Buddha Pournima 23 May, 2024 Thurday
14 Bakri Eid 17 Jun, 2024 Monday
15 Moharram 17 Jul, 2024 Wednesday
16 Independence Day/ Parsi New Year 15 Aug, 2024 Thursday
17 Eid-e-Milad 16 Sep, 2024 Monday
18 Mahatma Gandhi Jayanti 02 Oct, 2024 Wednesday
19 Diwali Laxmi Pujan 01 Nov, 2024 Friday
20 Guru Nanak Jayanti 15 Nov, 2024 Friday
21 Christmas 25 Dec, 2024 Wednesday

You can check the circulars here (NSE, BSE, MCX)

Muhurat Trading will be conducted on friday, 01 November 2024, Diwali* Laxmi Pujan. Timing for Muhurat Trading will be notified by the exchange subsequently.

What is a Settlement Holiday?

A settlement holiday is a day when the stock exchanges are open for trading, but the normal process of settling trades is halted. On such days, trades executed are not settled on the usual T+1 (Trade plus one day) or T+2 (Trade plus two days) cycle.

This means that the actual transfer of securities and funds between the buyer and seller is postponed to the next working day when the settlement process resumes. Settlement holidays are observed on major public holidays and other significant events when the clearinghouse is closed.

It is crucial for traders and investors to be aware of these holidays to manage their portfolios and transaction expectations effectively, as they can impact the liquidity and availability of funds.

*This holiday list applies to Equity Segment, Equity Derivative Segment and SLB Segment.

Frequently Asked Questions

What are clearing holidays in NSE?

Clearing holidays in NSE are days when the clearinghouse does not process any settlements or clear trades, even though trading might still occur on the exchange.

Can we trade on clearing holidays?

Yes, trading can occur on clearing holidays, but the settlement of those trades will be postponed to the next working day when the clearinghouse is operational.

What are clearing holidays?

Clearing holidays are specific days when the clearing operations of stock exchanges are paused, meaning no settlements of trades occur on these days.

Why are clearing holidays important?

Clearing holidays are important because they affect the settlement cycle, which impacts the transfer of securities and funds. Knowing these dates helps traders and investors plan their transactions better.

Do all stock exchanges observe the same clearing holidays?

Not necessarily. Different stock exchanges might observe different clearing holidays based on regional and national holidays relevant to their location.

How do clearing holidays impact my trading strategy?

Clearing holidays can delay the settlement of trades, which might affect your liquidity and ability to make timely transactions. Being aware of these holidays helps in planning your trades more effectively.

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