Comment on Consequences of Short delivery - NSE/BSE
commented on
09 Oct 2016, 04:30 PM
When you sell stock, you’ve to give actual delivery of shares. When you sold the shares on Tuesday, you ll have to give delivery of such shared by Thursday. If you buy shares on Thursday, they get delivered on Monday, so you can’t settle these against shares sold on Tuesday. Shares sold on Tuesday can’t be intraday adjusted by buying shares on Thursday.