The main worry is SEBI said they want to implement physical settlement in 'phased manner'.
They are testing water(experimenting the actual good & bad effects) in the name of 'punishment' for the first phase of 46 stocks.
If they see some volume shift to cash market and increased STT collection due to physical settlement, then they will include more & more stocks slowly for physical settlement.
They are testing water(experimenting the actual good & bad effects) in the name of 'punishment' for the first phase of 46 stocks.
If they see some volume shift to cash market and increased STT collection due to physical settlement, then they will include more & more stocks slowly for physical settlement.