Comment on Consequences of Short delivery - NSE/BSE

Nithin Kamath commented on 25 Sep 2016, 05:42 PM

1. MIS leverage varies from stocks, check this calculator: https://zerodha.com/margin-calculator/Equity/
2. Swaraj, unfortunately you can’t do anything. IF you have these stocks in any other demat, you can transfer it to your Zerodha demat by tomorrow. ON T+3 day, exchange will conduct an auction if there is no shares in your demat. On auction if the price at which exchange buys back is higher that where you short sold, the difference will be your loss. Until auction, margin will be blocked in your account.

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