Zerodha has informed stock market traders through a tweet that “Today is a settlement holiday to celebrate Parsi New Year. Your account balance today does not include credit of equity intraday gains made on 11th and 12th August. Credits and M2M gains from F&O positions on August 12. Currency trading will also remain closed today.”
Settlement Holiday is a day when trading is possible, but clearing and settlement is closed for payouts and payouts of stocks and funds.
In a message on his kite trading platform, zerodha Further added: “Today is a settlement holiday on the occasion of the Parsi New Year. Your account balance on Kite will not include intraday profits made on 11th and 12th August 2022 in Equity, F&O, Currency and Commodity Derivatives segments. It will be updated on 17th and 18th August 2022 respectively. You can view the fund statement on the console to see the unsettled credit in your account.”
Indian stock markets were strong today with Nifty holding above 17,800. Indian stock markets remained closed on Monday on the occasion of Independence Day.
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