T+0 settlement will start in the stock market from Thursday (March 28). On buying shares under T+0 settlement, the investor will get same day delivery. However, this is only introduced in some stocks and is optional. It is expected to be implemented in all shares soon.
BSE released list of T+0 settlement shares.
Stock exchange BSE has also released the list of shares with T+0 settlement on March 27.
- Ambuja Cement
- Ashok Leyland
- Bajaj Auto
- Bank of Baroda
- BPCL
- Burlasoft
- Cipla
- Coforge
- Dewey’s Laboratories
- Hindalco
- Indian Hotel
- JSW Steel
- LIC Housing
- LTI Mindtree
- mrf
- Nestlé
- NMDC
- Oil and natural gas
- Petronet LNG
- Samurdhana Madrasan International
- Tata Communication
- trend
- Union Bank of India
- Vedanta
- State Bank of India
The announcement was made earlier this month.
Earlier this month, SEBI had said that the regulator is working towards implementing T+0 settlement. Soon its beta version will be introduced in the market as an option. We inform you, this beta version will be available only on some brokers for now and this will be apart from T+1 settlement. Further stated that T+0 prices shall not be considered in index calculation and calculation of settlement price. There will be no separate closing price for securities based on trading in the T+0 segment.
SEBI added that the introduction of the new system will save a lot of time and will also be economical. The effort of the regulator is to protect the interests of the investors. Earlier, the government had implemented T+1 settlement last year. While T+2 settlement was implemented in 2003 and T+3 settlement in 2002.
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