Comment on Consequences of Short delivery - NSE/BSE

Nithin Kamath commented on 09 Feb 2017, 12:58 PM

Hey Rakesh, I have explained all of this in the post above.

2. Not every broker runs intraday square offs like we do. Some of them give the onus on the client to do it. There could also be technical problems when squareoffs at brokers don’t work. There are many offline brokers who allow people to sell first and then ask them to transfer using DIS slip next day.

1. All the reasons above make it impossible for exchanges to determine if you will get the share on T+2 or not. Look at this like exchange is a bank, and you are a person who has written a cheque and given tosomeone based on the money you think you will receive from a cheque deposited in your account. If the cheque you have deposited bounces, your cheque will automatically bounce.

3. Hmm… a stock could be trading normally and if some good news suddenly comes out, stock can hit upper circuit instantly. Suggest you to read this post as well.

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