Securities and Exchange Board of India (Sebi) on Tuesday enhanced its scope by making top 500 stocks available for the T+0 cycle. The scrips will be made available as of December 31, 2024.
“Optional T+0 settlement cycle shall be made available to top 500 scrips in terms of market capitalization as on December 31, 2024. The scrips shall be made available for trading and settlement starting with scrips at bottom 100 companies out of the aforesaid 500 companies and gradually include the next bottom 100 companies every month till top 500 companies are available for trading in optional T+0 settlement cycle," a Sebi circular issued on Tuesday said.
More to come…