Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)

Nithin Kamath commented on 08 Sep 2014, 04:47 PM

1. There won’t be any transaction on your demat, this will be considered as an intraday trade.
2. STT as intraday trade as well.
3. At Zerodha you can, but not all brokers allow you to do this.
4. Rs 200 – all charges, you can check our brokerage calculator.

Yes you can buy on BSE and sell on NSE, but this won’t be an arbitrage it would just be a naked trade. I just wrote this somewhere:
Assume Reliance on NSE 1000 and BSE 1010. You can buy 10 shares for intraday on NSE and same time sell 10 shares at 1010 on BSE. The difference is Rs 10. Assuming by 3.30pm this different didn’t reduce, in this case you have to exit both positions, and your trade could be a loss making one as well.

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