Is SEBI going ahead with T+1 or is it likely to be postponed?

The regulator, it looks like, is taking a more pragmatic approach to T+1 shift. This is in the light of the protests from ANMI as well as the representative body of FPIs. Most believe that T+1 idea may be good but it was not practical. Most Asian countries still follow T+2 and only Taiwan had shifted to T+1 but shifted back. There are some big changes that SEBI plans in the introduction of T+1.

The first change is that the date of shifting to T+1 may be postponed to end of February or perhaps even a later date. That gives enough time to test and verify back-office processes. Regarding the stock selection, instead of most liquid and largest stocks, SEBI may trigger T+1 with the smallest stocks in the NSE-500 giving enough time to grasp the practical problems in T+1. This also addresses the time zone issue.