Change in Trading Holiday and F&O expiry for Bakrid 2023,EID AL ADHA – Globe Capital Market LTD.
  • 27-Jun-2023
  • Mutual Fund

Change in Trading Holiday and F&O expiry for Bakrid 2023,EID AL ADHA

As children, we all enjoyed going to ice cream parlours, staring wide-eyed at the colourful displays of ice cream flavours, trying to decide which one to choose. The variety of colours and flavours visible in the glass box always gave us the power of choice and happiness.

The equity, F&O, and currency markets will be closed on 29th June 2023, on account of Bakri Eid. Commodity markets will remain closed for the first half, and trading will resume in the evening session only from 5:00 pm onwards.

 

The revised Expiry Date & Maturity Date of all F&O contracts of June expiry (Stock  F&O, Nifty, Banknifty and G-sec F&O) is 28th June 2023 (Wednesday) instead of 29th Jun’23 (Thursday) 

 

It’s also a settlement holiday hence your commodity account balance on 29th June 2023 will not reflect the credits from:

  1. Profits (Realized and M2M) from trades or positions in commodity derivatives on June 28th.
  2. Credits from exiting option positions on June 28th. 

 

For more details please refer detailed annexure here