Certain stocks are placed under “Trade-to-Trade” (T2T) segment by the exchange due to high volatility or illiquidity. Intraday trading is not allowed in these stocks; you must buy and hold…
Orders placed on trading holidays are not processed. Any orders placed before the holiday may remain pending or get cancelled depending on their validity (day orders expire, good-till-cancelled may remain).
A trading holiday is a day when the stock exchanges (NSE, BSE) remain closed due to a public or exchange-declared holiday. No trading happens on these days.