Comment on Consequences of Short delivery - NSE/BSE

Nithin Kamath commented on 08 Sep 2014, 06:34 PM

When you buy CNC on NSE at 1000 and sell on BSE at 1010 .What you buy on NSE you will get into your demat account on T+2 day basis, but what you sell on BSE you have to deliver the shares on T+1 basis. This way your selling on BSE becomes a short delivery trade and you will be charged a penalty.

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