Settlement holiday and stock market: What will be the effect on September 8?

BSE and NSE will remain open on 8 September, but due to a settlement holiday, share transfers and fund processing will be delayed until 9 September. Currency market will remain closed.

New Delhi: This year, the Maharashtra government has changed the date of the Eid-e-Milad public holiday from 5 September to 8 September (Monday). Due to this change, there was confusion among many stock market investors and traders about whether the stock market will be open or closed on 8 September.

The stock market will be open on 8 September

Let us tell you clearly that on Monday, 8 September 2025, both the BSE and NSE stock markets will be open, and trading will be done normally. That is, you will be able to do transactions like buying and selling on that day.

What is a settlement holiday?

Although the market will be open on September 8, this day will be a Settlement Holiday. Settlement holiday means that buying and selling of shares will happen, but final transfer (settlement) of shares will not happen on that day. This happens when banks or depositories (like NSDL and CDSL) are closed

What will be the impact on trades?

Whenever you buy a share, it is transferred to your account the next day under the T+1 settlement cycle. But if a settlement holiday falls in between, then this transfer gets delayed by one more day. Hence, the trade done on 8 September will be settled on 9 September.

Impact on shares bought between 4 and 8 September

Stocks bought between 4 and 8 September will be available for sale from 9 September (Tuesday). Although these stocks will appear in your holdings, you will not be able to sell them until settlement is done.

Credits received in any segment (equity, F&O, etc.) during this period can also be withdrawn or used only from 9 September.

Impact on fund withdrawal and mutual fund orders

Regular fund withdrawal requests made after 8 am on 4 September will also be processed on 9 September. Instant withdrawal facility will not be available on 5 and 8 September. Liquid and Debt Mutual Fund orders made after 2 pm on 5 or 8 September will also be processed on 9 September.

The currency market will remain closed

While the equity markets will remain open on 8 September, the currency segment will remain completely closed. If you are going to trade on September 8, then keep in mind that it is a settlement holiday.

This means that you can trade, but the transfer of shares or funds will happen the next day, i.e., September 9. In such a situation, if you have to sell a share in a hurry, then it is very important to keep in mind the settlement date.