We're gearing up for an all new trading experience. Here's a sneak peek at what's to come. Visit current website here.
Already trading with us?
2 min Read
Share

The Indian stock market is undergoing a significant shift with the introduction of the T+0 settlement for you to invest in stocks. The Bombay Stock Exchange (BSE) has unveiled a list of 25 stocks that will be the pioneers of this exciting new system, allowing for same-day settlement of trades. Let's delve deeper into what T+0 settlement means and explore the list of scrips included in this initial phase.

Understanding T+0 settlement

Traditionally, stock trades in India settled in T+2 format, meaning the exchange and delivery of shares occurred two business days after the trade execution. T+0 settlement revolutionises this process by enabling the trade to be settled on the same day it's executed. This faster settlement cycle offers several potential benefits:

  • Increased Efficiency: T+0 streamlines the settlement process, reducing the time and potential risks associated with holding unsettled trades.
  • Enhanced Liquidity: Faster settlement can improve liquidity in the market by freeing up funds sooner for further investment.
  • Reduced Counterparty Risk: The shorter settlement timeframe minimises the risk of counterparty defaults.

List of scrips for T+0 settlement

The BSE has released a curated list of 25 stocks that will be eligible for T+0 settlement starting from [date when T+0 starts] This list includes a diverse range of companies from various sectors:

  • Ambuja Cements Ltd.
  • Ashok Leyland Ltd.
  • Bajaj Auto Ltd.
  • Bank of Baroda
  • Bharat Petroleum Corporation Ltd
  • Birlasoft Ltd
  • Cipla Ltd.
  • Coforge Ltd
  • Divis Laboratories Ltd.
  • Hindalco Industries Ltd.
  • Indian Hotels Co. Ltd.
  • JSW Steel Ltd.
  • LIC Housing Finance Ltd.
  • LTI Mindtree Ltd
  • MRF Ltd.
  • Nestle India Ltd.
  • NMDC Ltd.
  • Oil and Natural Gas Corporation
  • Petronet LNG Ltd.
  • Samvardhana Motherson International Ltd
  • State Bank of India
  • Tata Communications Ltd.
  • Trent Ltd.
  • Union Bank of India
  • Vedanta Ltd

What to expect from the T+0 settlement

This initial phase with a limited set of scrips allows the market to adapt to the T+0 system. Investors interested in participating in T+0 trading for these scrips should ensure their brokers are equipped to handle this faster settlement cycle. It's also crucial to carefully assess your risk tolerance, as T+0 can potentially increase volatility.

The road ahead

The introduction of the T+0 settlement marks a significant step towards modernising the Indian stock market. The success of this initial phase with the listed scrips will pave the way for potentially expanding T+0 to a wider range of stocks in the future. This will enhance the experience of stock investments for people across the country.

Like what you see?

Subscribe for regular updates

Zero spam. You can unsubscribe any time.
Privacy Policy