Comment on Consequences of Short delivery - NSE/BSE

RAKESH commented on 09 Feb 2017, 09:31 AM

1)i don’t understand, how is it possible to not get stocks if i’ve put a buy order. How is it even possible? The exchange runs on strict rules, right? so, if i place a buy order it’s the responsibility of the exchange to give me stocks on T+2 day.

2) “If you sell any stock for Intraday you are expected to buy it back by the end of the day to close your position. Now assume you forgot to buy it!”
How can i forget to buy it?…it’s intraday right, so all positions are squared off by the end of the day. so with zerodha this is not possible. so, please remove this from point a (which is one of the reasons why stocks don’t get delivered after an order – short delivery.)

3) when a stock hits the upper circuit there are no sellers,………..i don’t understand this, if there were no sellers how would the stock even go up, because for the stock to go up it has to be bought heavily, right and for it to be bought, there must be people selling it, right……….i don’t understand short delivery.
can someone please answer all three questions. Please be explanatory as i am a newbie.

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