Comment on POA - Power of Attorney for your Demat account

Venu commented on 19 Sep 2017, 11:47 AM

The settlement cycle in India is T+2 which means shares will hit your demat account 2 days after your purchase. Till such time they’ll reflect under T1 holdings. So if you’ve bought stock in the last 2 days, they won’t reflect in holdings yet. Yesterday’s purchase will show in holdings tomorrow and day before yesterday’s by eod.

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