Hi every one,
Can any body update me on the issue mentioned below,
1. If I buy stock on delivery basis today, can I sell it same day or tomorrow?
2. If I buy stock in NSE , can I sell the same in BSE?
Pl help.
3 Replies
Amit Poddar
(CA)
(20 Points)
Replied 02 August 2008
| Originally posted by :ksh*tija | ||
| " |
If you buy stock as delivery basis , if u sell them in the same day , it will be treated as intraday or squared off transaction. You can not sell shares until that is credited to ur account. Few DP parcipants like Kotak credit certain percentage of ur purchases as BSTNG stock next day, u can sell them. Example, You buy 50 shares of unitech today, next day you can see around 37 shares in ur demat account(If u have a online A/C). You can sell only these 37 shares. |
" |
Amit Poddar
(CA)
(20 Points)
Replied 02 August 2008
| Originally posted by :ksh*tija | ||
| " |
If you buy stock as delivery basis , if u sell them in the same day , it will be treated as intraday or squared off transaction. You can not sell shares until that is credited to ur account. Few DP parcipants like Kotak credit certain percentage of ur purchases as BSTNG stock next day, u can sell them. Example, You buy 50 shares of unitech today, next day you can see around 37 shares in ur demat account(If u have a online A/C). You can sell only these 37 shares. |
" |
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