What are the types of dealings in Indian Stock Market?

TYPES OF DEALINGS :
There are three types of dealings in the Indian Stock Market:
(1) Spot Delivery Contract : Spot delivery contract is a contract in which the
payment and delivery of securities take place on the spot, on the same day or
on the next day. The sale is completed On the day of the contract. These are
essentially cash dealings meant for the investors. All listed securities are
allowed in the spot market.
(2) Ready Delivery Contract : Where the payment and delivery takes place within
a fixed time period not exceeding 7 days from the date of the contract is called
‘Ready Delivery Contract’. There is usually hand delivery against full payment.
(3) Forward Delivery Contract : When payment and delivery of securities take
place once at the end of every fortnight through the clearing house only, it is
called Forward Delivery Contract. Such a contract has carry over facilities also.
Speculators are the interested parties in these dealings.