Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)

Ashish Suvarna commented on 18 Sep 2016, 06:57 PM

Hi, I have a query. If I buy a stock for intra day trading in NRML/MIS on Monday and sell it within the same day. Would I be levied a fine if the person I am buying the stock from does not deliver shares to my DEMAT account by Wednesday? I understand that this fine will be levied if I am using CNC, however will this fine be levied even if I am using NRML/MIS?

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