Stock Market Open Eid-e-Milad: Settlement Delays Expected
By Market Desk
Indian stock exchanges NSE & BSE operate on Eid-e-Milad (Aug 26, 2026), but it’s a settlement holiday. Understand transaction delays and their impact.
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will operate as usual on August 26, 2026, for Eid-e-Milad. However, this date will be a settlement holiday, meaning the clearing and settlement of funds and securities will be paused.
This pause can lead to delays in how quickly you get money from sales or settle shares from delivery trades. You need to know what this means for your transactions.
What a Settlement Holiday Means
A settlement holiday is a day when money and shares don’t move between accounts. This affects when your trades are finalized and funds become available.
- Sale proceeds from trades on August 25 will be available on August 27.
- Withdrawal requests made after 4 p.m. on August 25 will process by 10 p.m. on August 27.
- Instant withdrawals will still work on August 26.
- Shares bought on August 25 can only be sold starting August 27, after trades settle.
- IPO-related fund processing and share credits around August 26 may also process on August 27.
Eid-e-Milad: A Brief Look
Eid-e-Milad, also known as Milad-un-Nabi or Mawlid, is a key religious day for Muslims globally. It marks the birth anniversary of Prophet Muhammad.
The observance happens in Rabi’ al-Awwal, the third month of the Islamic lunar calendar. In India, it falls on August 26, 2026, with prayers and community events.
Upcoming Market Holidays in 2026
Plan your trading around these other market holidays for 2026. These dates will typically affect market operations or settlements.
- September 14: Ganesh Chaturthi
- October 2: Mahatma Gandhi Jayanti
- October 20: Dussehra
- November 10: Diwali-Balipratipada
- November 24: Prakash Gurpurab Sri Guru Nanak Dev
- December 25: Christmas
A special ‘Muhurat Trading’ session will also happen on November 8, a Sunday. This session is for Diwali Laxmi Pujan, and specific timings will be announced later by the BSE and NSE.