T+0 settlement, Nifty rejig, F&O expiry among 10 factors to hog D-Street in truncated week
Dalal Street investors despite being a truncated one, as all eyes will be on the launch of the ‘T+0’ settlement cycle by exchanges.
Trading will take place for only three days in the week ahead, as stock markets are closed on Monday for Holi and on Friday for Good Friday.
Besides the new trade settlement, the March derivative series will expire, bringing in its share of volatility.
“The coming week is a holiday-shortened one and we expect volatility to remain high due to the scheduled expiry of March month derivatives contracts,” said Ajit Mishra, SVP — technical research at Religare Broking.
The primary market is set to see the launch of as many as 13 IPOs, of which, 12 are in the SME segment. It will be interesting to see how responses to these issues pan out, particularly after the market regulator has raised eyebrows over the high activity in the SME segment and indicated possible price manipulations.
T+0 Settlement
Stock exchanges will introduce the T+0 trade settlement for a limited set of securities from March 28, and the market timing will be one continuous session between 9:15 AM and 1:30 PM.
Stock exchanges will release the names of the scrips and the brokers in a later day.
F&O Expiry
The March derivative series is set to expire in the week ahead, and this will induce some volatility in the market. It will be important to see how traders are carrying forward positions to the April series in the run-up to the general elections.
Broader Market Action
The broader market has been in the news of
