Trading

I purchased shares two days ago, still, the same is not reflecting in saleable quantity. Why?

As per the rolling settlement cycle, shares bought by you on Monday will be received in your demat account on Tuesday. The completion of the settlement cycle hinges on you receiving the entire quantity of shares in your demat account on Tuesday. However, there is a possibility that the person who sold you shares on Monday fails to deliver the shares. In that case, you won'tt receive any shares in your demat account on Tuesday. In such a scenario, the Exchange will deliver the shares on Wednesday(that is, the end of the T+2nd day) instead of on the T+1st day. If the Exchange fails to deliver even on the 2nd day, you will receive the close-out amount back in your trading account on end of the T+2nd day.

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