Question
What did the Securities and Exchange Board of India (Sebi) approve regarding settlement and market regulations?
Solution
The Securities and Exchange Board of India (Sebi) approved the launch of same day settlement (T+0) for a limited set of 25 scrips with a limited number of brokers along with other measures to bring flexibility for initial public offerings (IPOs), Alternative Investment Funds (AIFs), and Foreign Portfolio Investors (FPIs).
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