Indian stock market is testing for same-day trade settlement (T+0), which will make it among the fastest stock markets in the world: faster than Wall Street which takes 2 days to settle trades. While still optional and limited to a few stocks, it’s an aggressive move. The layers of its complexity were recently compared by Sebi chairperson Madhabi Puri Buch to peeling an onion. But cutting onions brings tears. And sure enough, not everyone is happy. Foreign investors that bring in big money to the market have called transitions to T+1 and T+0 too fast and unsettling. But Sebi,under Buch, is firm. Will FPIs come round? How will it impact intra-day traders and brokers? And how long before T+0 moves to instant settlement? TMB’s latest host Nikhil Agarwal discusses all of this threadbare with Sunil Sanghai of NovaaOne Capital, Nilesh Sharma of Samco Securities, and ET's Associate Editor Sugata Ghosh. Tune in!Check out the other interesting episodes like Long Work Hours: Productive or Punitive?, The Great Indian Job Jhol, Vile & Viral: Growing Toxic Work Culture, ESOP Fables: Risks and Rewards, and more! You can follow Nikhil Agarwal on her social media: Twitter and Linkedin Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, Amazon Music and Google Podcasts. See omnystudio.com/listener for privacy information.