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T+0 cycle: These 25 stocks will be eligible for same-day settlement cycle from tomorrow. What changes and what it means?

The new T+0 settlement cycle will reduce transactional risks and enhances market efficiency. Details below

Updated on: Mar 27, 2024 03:04 PM IST
By HT News Desk
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Bajaj Auto, Bharat Petroleum and State Bank of India are among 25 stocks which will be eligible for optional same-day settlement starting from March 28, the Bombay Stock Exchange (BSE) said. Currently, Indian stock markets operate on a T 1 settlement cycle for all stocks.

What is T1 settlement?

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Stock market news: A man walks past the bull statue at BSE building in Mumbai. (PTI)
Stock market news: A man walks past the bull statue at BSE building in Mumbai. (PTI)

Under this process, purchase and sale of shares reflects in the demat accounts of investors one day after the transaction.

What is the new T 0 settlement?

The new T 0 settlement cycle will reduce transactional risks and enhances market efficiency as it will provide immediate liquidity to investors. This means that there will be increased trading opportunities and reduced settlement risks for investors.

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How will T 0 settlement work?

The T 0 settlement will be optional for 25 stocks and will be applicable only for trades executed between 9:15 a.m. and 1:30 p.m, markets regulator Sebi said.

 
ABOUT THE AUTHOR
HT News Desk

Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.

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