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What is settlement of a trade on T+2 basis in BSE/NSE?

2007-01-17 23:52:37 · 1 answers · asked by Anonymous in Business & Finance ➔ Investing

1 answers

T+2 settlement means that transactions are settled within two business days from trade. So if you sell your stock on Monday, the cash should arrive into your account no later than close of business Wednesday.

2007-01-18 04:30:39 · answer #1 · answered by NC 7 · 0⤊ 0⤋

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