- By Aditya Pratap Singh
- Wed, 27 Mar 2024 02:47 PM (IST)
- Source:JND
T+0 Settlement Beta Basis: The Bombay Stock Exchange on Wednesday released the list of 25 stocks that will be eligible for T+0 settlement starting from March 28. Bajaj Auto, BPCL, Vedanta, Cipla, SBI, and Ambuja Cements, are among 25 stocks that are eligible for the T+0 settlement cycle.
Stock exchange BSE has released a list of these 25 stocks that will be eligible for the shortened settlement cycle from tomorrow.
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List of 25 stocks that will be eligible for T+0 settlement
Ambuja Cements, Birlasoft, Cipla, Coforge, Divi’s Laboratories, Ashok Leyland, Bank of Baroda, Bharat Petroleum Corporation Ltd, Bajaj Auto, Hindalco Industries, LTIMindtree, MRF, Nestle India, Indian Hotels, JSW Steel, LIC Housing Finance, NMDC, Oil and Natural Gas Corporation, State Bank of India, Tata Communications, Trent, Union Bank of India and Vedanta, Petronet LNG, Samvardhana Motherson International.
Earlier, the Market regulator Securities and Exchange Board of India (SEBI) issued a framework for introducing of the beta version of the T+0 trade settlement cycle on an optional basis. For Now, the T+0 Settlement will be available only for 25 stocks and with a limited number of brokers as well.
When Will the T+0 settlement cycle start?
Following SEBI guidelines, BSE has announced to introduction beta version of the T+0 settlement on 28 March 2024 i.e. Thursday.
BSE said that after introducing the beta version of T+0 settlement, all charges or fees like transaction charges, STT and regulatory/turnover fees which are applicable on T+1 settled security will be applicable on T+0 settled as well.