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Trade hone aur ownership transfer hone ke beech ka gap, aur wo aapke liye kya badalta hai
Published by The Retail Trader · JUL 22, 2026 · Market Basics
Jab aap ek share kharidte ho to screen par position turant dikh jaati hai, par wo share asli mein aapke demat mein us waqt nahi aata. Trade aur uske settlement ke beech ek gap hota hai, aur India ne wo gap ab ek working day ka kar diya hai.
Settlement wo step hai jahan share bechne wale ke demat se nikal kar kharidne wale ke demat mein jaata hai, aur paisa ulti disha mein jaata hai. Exchange sirf trade match karta hai; ye transfer clearing corporation karta hai.
T ka matlab trade ka din. T+1 matlab agle working day. Sunday, Saturday aur exchange holiday count nahi hote, isliye Friday ka trade Monday ko settle hota hai.
Ye chaar cheezein settlement cycle se seedhe judi hain:
• Delivery mein liya share bechne se pehle credit hona chahiye, warna wo short delivery ban jaata hai.
• Bechne par mila paisa withdraw karne ke liye settlement complete hona zaroori hai.
• Corporate action ke liye kaunsi date par aap shareholder mane jaaoge, wo bhi settlement se tay hota hai.
• Intraday mein delivery hoti hi nahi, isliye wahan cycle ka koi role nahi.
Sabse aam confusion ye hai ki log kharide gaye share ko usi din delivery samajh kar bech dete hain aur maante hain ki position band ho gayi. Broker ke system mein wo BTST jaisa treatment maang sakta hai, aur agar seller ke paas share aaye hi nahi to auction ka nuksaan aapka hota hai.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.