Top 50 Indian stocks to switch to new settlement cycle only in 2023: Report

India’s top 50 stocks are likely to move to a new shorter settlement cycle only after more than a year, giving ample time to foreign investors and domestic broking houses to adjust, according to Edelweiss Alternative Research.  
 

The nation looks to push ahead with the trade plus one day or T+1 system, which most global markets are yet to implement, from February next year. The move has received support from foreign investors after initial resistance as it allows them enough room to handle issues such as different time zones and forex-related deadlines.

All the Nifty 50 constituents will switch to the