How long does the stock Settlement take?

[Joel]

After you sell the stock how long does it normaly take for it to Settle?

[Fundu Vishy]

The Indian Stock Market has a T+2 Settlement system. This means that the stocks bought or sold gets settled by the Stock Exchange on T+2 basis.

T is the date of the transaction being executed in the market.

T+2 Days denote two working days from the transaction date

Kindly note that this settlement system is between the Broker and the Stock Exchange.

Hence, If you buy a share through a broker, the shares reach the brokers account on T+2 basis. Typically, these shares will reach your account from the broker (subject to payment of money required therefor) on T+2 or T+3

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Fundu Vishy - Your 'Mutual' Friend
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