close

India to move to T+1 settlement from Friday: Here's what experts say

Friday will be a landmark day for the domestic markets with all listed stock entering the so-called T+1 settlement cycle

Samie Modak Mumbai
Photo: Bloomberg
Premium

Photo: Bloomberg

Friday will be a landmark day for domestic markets, with all the listed stocks entering the professed T+1 (trading plus one day) settlement cycle.
About 200 stocks, which account for more than 80 per cent of India’s market capitalisation, will be settled on a next-day basis, with effect from January 27.
This will evidently complete the transition to the T+1 cycle that started in February 2022 with the bottom 500 stocks in terms of market value.
Or

Also Read

India, Bangladesh discuss trade settlement in rupee, free trade agreement

G20 meet: Ways to strengthen WTO dispute settlement mechanism discussed

India pushes for settlement of international trade in rupee with Sudan

Markets to shift to T+1 settlement system from January 27: Report

Trade settlement with Russia in rupees to start next week: Report

Pension funds trim India bets, assets down nearly Rs 60,000 cr in 2022

India sells first green bonds at 5-6 basis points below sovereign yields

Sebi penalises PMIA, directors for Rs 28 lakh for violating market norms

Private banks post 31.7% YoY growth in Q3, net profit rises to Rs 35,166 cr

Sebi study suggests 89% retail traders in equity F&O suffered losses

First Published: Jan 26 2023 | 6:42 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com