Markets to shift to T+1 settlement system from January 27: Report

It would allow the buyers and sellers to get shares and money in their accounts one day after the trade takes place

The Indian stock market will shift to a shorter trading cycle, T+1 settlement, on January 27. This would allow the buyers and sellers to get shares and money in their accounts one day after the trade ends, a report by The Times of India said.
 
Currently, the market follows the T+2 settlement system. Under this, the buyers and sellers get their shares and funds in the Demat account on the third working day. This includes the day of trade as well.
 
After the new rule, if an investor buys 50 shares on Monday, these will be received in their