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Settlement Holiday on September 8: What Traders Need to Know
Last Updated: 4th September 2025 - 08:47 pm
The Indian stock market will remain open for trading on Monday, September 8, 2025, but all clearing and settlement operations will be suspended to mark the Id-E-Milad holiday.
While investors will be able to trade as usual across equities and derivatives, the settlement cycle will be pushed forward by a day. This means pay-in and pay-out of funds and securities will not be processed on September 8. As a result, profits and credits arising from trades executed on Friday, September 5—including intraday equity gains, futures and options mark-to-market (M2M) settlements, and commodity derivatives profits—will not be reflected in trading accounts on September 8.
The credits from both September 5 and September 8 trades will instead be processed together and become available for withdrawal by end of day on Tuesday, September 9. Traders are advised to keep this delay in mind when planning their cash flows and withdrawals.
In addition to settlement activities, the currency derivatives market and the auction market will remain closed on September 8. Restrictions will also apply to certain categories of trades, with Buy Today, Sell Tomorrow (BTST) transactions not permitted for MTF and Trade-to-Trade (T2T) stocks.
Market participants should note that while trading activity will continue as scheduled, the operational impact of the settlement holiday could affect short-term liquidity and withdrawal timelines.
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