NSE, BSE remain open on Eid-e-Milad but August 26 is a settlement holiday

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Indian stock exchanges NSE and BSE will continue normal trading operations on Eid-e-Milad. However, August 26 has been designated a settlement holiday across all stock exchanges in India. This means that while trades can be executed, the processing of funds and securities will be paused for the day, causing a one-day delay in trade settlements. Commodity markets will operate as usual, whereas currency markets will remain closed for the occasion.

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