Comment on Consequences of Short delivery - NSE/BSE

HI Nithin,

I have two questions,

1. If I buy in a intraday trading and forget to sell it in the same day and trading platform do not have automatic square off. what will happen ?(assuming I have enough balance in trading account for buying it)

2. If I do a short shell of 100 of EQx in intradday trading and it hits the upper circuit and could not buy back but in my demat account I already have 100 of EQx… will it be still a short delivery for me or those 100 shares from my account will be delivered to buyer?

Regards,
Subhankar

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