How Indian stock markets work: exchanges, brokers, depositories and settlement
Who does what in the Indian stock market, how a trade travels from order to settlement, trading hours, circuit limits and how indices work, in plain language.
Who does what in the Indian stock market, how a trade travels from order to settlement, trading hours, circuit limits and how indices work, in plain language.
T+1 means a trade settles one working day after it is made. What settles, why it matters for dividends and record dates, and how it differs from the older T+2.