The National Stock Exchange of India (NSE) employs a T+2 settlement cycle. This means that trades are finalized two business days following the trade date (T). Settlement involves the buyer receiving securities and the seller receiving funds.
| Options | Explanation |
|---|---|
| T+5 | Trade settles five business days after the transaction. |
| T+3 | Trade settles three business days after the transaction. |
| T+1 | Trade settles one business day after the transaction. |
| T+2 | Trade settles two business days after the transaction, which is the correct cycle for NSE. |