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T+1 Stock Settlement
March 2 , 2022
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- India has become the second country after China to implement the T+1 stock settlement mechanism in a phased manner.
- Before this, the settlement period of stocks in India was T+2, i.e. two days after the actual buy/selling of stock.
- T means the trade/transaction day i.e. the day on which stock is brought/sold.
- Here T+1 means that the actual stock settlement will happen on the next day.
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