India's Market Surges Ahead: Sitharaman Credits T+0 Trading For Rapid Growth

Speaking at the Bombay Stock Exchange event in Mumbai, Finance Minister Nirmala Sitharaman hailed India's financial ascent, noting that BSE-listed companies surged from 76 lakh crore to 400 lakh crore in a decade. Emphasizing India's swift embrace of T+0 trading, she highlighted that many fast trade instruments bought in T+2, T+1, and now T+0 aren't absorbed by many Western markets, which are content with T+2. She noted that with the introduction of T+0, many of them lack the capacity to absorb it, yet they openly admit it, fostering great confidence and trust in the Indian market. Sitharaman's succinct praise underscored India's financial resilience, signaling its self-sufficiency and robust growth without the need for additional accolades.