Starting March 28, 25 stocks including Bajaj Auto, Bharat Petroleum, and State Bank of India will join a new T+0 settlement cycle, allowing same-day settlement for trades executed between 9:15 a.m. and 1:30 p.m.
Currently, Indian stock markets operate on a T+1 settlement cycle, where transactions reflect in demat accounts a day after. This change aims to reduce transactional risks and enhance market efficiency, offering immediate liquidity to investors and potentially increasing trading opportunities. However, trading in the T+0 cycle will be subject to a price band of 100 basis points above or below prices under the T+1 cycle.