New Delhi, Feb. 5 -- MUMBAI: Inter-depository settlement disruptions hit investors for a second consecutive day on Thursday as operations at National Securities Depository Ltd (NSDL) remained suspended because of a technical glitch.
As a result, investors who bought shares on Tuesday did not receive them on Wednesday in their demat accounts, while those who sold did not see sale proceeds credited. Short-term traders, who depend on timely settlement to square off positions, have been hit hardest by the disruption.
Apart from short-term traders, investors looking to pledge or repledge shares for funding and those wanting to make early pay-ins were also unable to do so because of the glitch.
Early pay-in refers to the fulfilment of funds ...
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