25/01/2023
Stock Market News: Starting tomorrow, India will become the first major market to completely move to a T+1 settlement cycle (China is partly T+1). It is crazy how far ahead we are in terms of market infrastructure and safety, even when compared to the developed world. So if you buy a stock, you get it in your demat the next day, and If you sell, you will have the funds by the next day. This used to take T+2 days. The transition to T+1 has been happening in batches based on market cap (small to big) since Feb 2022.