Settlement holiday, Sept. 5 -- Indian stock exchanges have declared Friday, September 5 and Monday, September 8, as settlement holidays, with trades set to settle on Tuesday, September 9.

As a result, any stocks bought or sold on Thursday, Friday or Monday will not be reflected in your demat accounts till Tuesday. Although there are no restrictions on trading in the stock market on either of the days.

Earlier, the exchanges had announced September 5 as a settlement holiday. However, following the Government of Maharashtra's notice of shift in public holiday for Eid-e-Milad to September 8, the exchanges updated that both September 5 and September 8 will be settlement holidays.

BSE in a circular stated that the Government of Maharashtra ...