Hello @Manigandan
The delivery settlement follows a T+1 cycle, which means that even though you execute a trade today (T day), the actual settlement happens on the next trading day (T+1). So, at the end of the same day, your trade is still considered unsettled and remains open in the system.
Because of this, any profit or loss arising from the trade is not yet realized or recognized in the broker’s profit and loss statement on the trade day. It will only be reflected once the settlement is completed on the settlement day.
Hope this helps !!