Description

NSE notifies members that 20 securities will not be available for trading in the T+0 rolling settlement cycle on March 30, 2026, due to index rebalancing affecting derivative contracts.

Summary

NSE has notified all members that 20 securities listed on the Capital Market Segment will not be available for trading under the T+0 rolling settlement cycle on March 30, 2026. This restriction applies due to index rebalancing — the affected securities are either moving into or out of an index on which derivatives contracts are available for trading.

Key Points

  • 20 securities are restricted from T+0 rolling settlement trading on March 30, 2026
  • The restriction is triggered by index rebalancing affecting indices with active derivative contracts
  • This circular references the Capital Market Consolidated Circular NSE/CMTR/67774 dated April 30, 2025 (Chapter 1.6 — trading parameters)
  • The restriction is specific to T+0 settlement; normal T+1 and T+2 settlement cycles are not affected
  • Issued by Khushal Shah, Associate Vice President, NSE

Regulatory Changes

No new regulatory changes are introduced. This circular enforces an existing provision under Chapter 1.6 of the Capital Market Consolidated Circular (NSE/CMTR/67774, April 30, 2025), which specifies that T+0 securities moving in or out of derivative-linked indices during rebalancing shall be temporarily unavailable for T+0 trading.

Compliance Requirements

  • All NSE members must ensure that the 20 listed securities are not offered or processed under the T+0 rolling settlement cycle on March 30, 2026
  • Members should update their trading systems and risk controls accordingly ahead of March 30, 2026
  • Members may contact NSE via Toll Free No: 1800-266-0050 (Option 1) or email msm@nse.co.in for clarifications

Important Dates

  • Circular Date: February 24, 2026
  • Restriction Effective Date: March 30, 2026 (T+0 settlement unavailable for listed securities)

Impact Assessment

The restriction affects 20 securities spanning banking, insurance, finance, healthcare, IT, energy, and consumer sectors. Traders relying on same-day T+0 settlement for these scrips will need to use standard T+1 settlement on March 30, 2026. The impact is operationally contained and temporary, limited to a single trading day. The underlying cause — index rebalancing — is a routine market event. Affected securities include large-cap names such as HDFCAMC, ICICIGI, ICICIPRULI, LICI, HAVELLS, GODREJPROP, and INDIANB, meaning liquidity in T+0 for these names will be absent on that date.

Impact Justification

Affects 20 stocks across sectors but is a time-limited, operationally routine restriction tied to periodic index rebalancing. Relevant primarily to traders and members using T+0 settlement for these specific securities on March 30, 2026.