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Settlement Holiday Alert: Due to back-to-back holidays on Friday & Monday, trades on Sept 8 will follow T+2 settlement instead of T+1.
Share Market Today
Following back-to-back settlement holidays on Friday and Monday, the Indian stock exchanges’ settlement calendar for the cash market trades for the equity segment shows that any trades made today, September 8, will follow a T+2 settlement and not the usual T+1 settlement.
This means ideally these trades should have been settled on Tuesday, but now they will be settled on Wednesday.
In a release dated September 5, BSE released an updated settlement calendar for all trades in the cash segment. According to it, any trades made on Monday, September 8, will be settled on Wednesday, September 10. Therefore, if you bought shares, you will receive their delivery in your demat on a T+2 basis, and similarly, proceeds from any stocks sold today will be received by investors and trades two days later.
Meanwhile, the trades made last week on September 4 and September 5 will be settled on Tuesday.
Why is today a settlement holiday?
September 8 has been designated as a settlement holiday on account of Ganesh Chaturthi, when depositories NSDL and CDSL remain closed even though stock exchanges are open for trading.
What is a settlement holiday?
Settlement holidays are the days when the stock markets remain open for trading, but the depositories, NSDL and CDSL, are closed. You can place the orders, which include buying and selling shares on these days, but delivery will not occur the next day.
Upcoming Stock Market Holidays in 2025
According to the NSE and BSE holiday calendar, the next major market holidays this year include Mahatma Gandhi Jayanti (October 2), Diwali Laxmi Pujan (October 20), Guru Nanak Jayanti (November 5), and Christmas (December 25). Apart from these, there may also be settlement holidays when exchanges remain open for trading but depositories stay shut, impacting the T+1 cycle.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
September 08, 2025, 10:38 IST
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