Why your Friday sell
cannot pay Saturday's bill.
FRI
Sold. The screen says done and shows the number
→
MON
Settled. The rupees actually reach the account
A friend sold a chunk of his holdings on a Friday to free up cash for a weekend payment. Screen flashed sold, showed the amount, all good. Then the money was not there Saturday. Or Sunday. It landed Monday. He thought something had broken. Nothing had. He just met the settlement cycle for the first time.