The Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch has announced that India's stock markets will move towards a T+1 (trade + 1) settlement cycle for all scrips, starting October 1, 2023. The regulator is also working towards T+0, or instant transaction settlements. What will actually change in the trading ecosystem and what can we expect in coming months?
October onwards, the T+1 settlement will apply for all scrips, not just the most popular or highly traded ones.
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