T+0 settlement has few takers

An assessment of Sebi had found that over 90% of equity delivery trades were conducted with advance deposits of cash and securities

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ALSO, IF ONE gets the money by 5 pm, there is no way to deploy it either," said an industry player.

Against this backdrop, Sebi's decision to extend the number of scrips under this settlement to 500 a couple of days ago from December 31 is being seen as an effort to encourage more investors to participate. In addition, brokerages may also feel encouraged to create business models that will earn them some return on investment for making payouts on the same day.