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Podcast: The Morning Brief
Episode: T+0 is Sebi's Quick Commerce Moment
Description: Indian stock market is testing for same-day trade settlement (T+0), which will make it among the fastest stock markets in the world: faster than Wall Street which takes 2 days to settle trades. While still optional and limited to a few stocks, it’s an aggressive move. The layers of its complexity were recently compared by Sebi chairperson Madhabi Puri Buch to peeling an onion. But cutting onions brings tears. And sure enough, not everyone is happy. Foreign investors that bring in big money to the market have called transitions to T+1 and T+0 too fast and unsettling. But Sebi,un...