Comment on CDSL introduces PIN-based pre-authorisation for selling stocks

kailash k jiwane commented on 29 May 2020, 07:31 AM

SIR GOODMORNING..
confirmation is good one but If pin to be used for sell of stocks, there will be loss or increase in loss as the price may fall in time to fill pin, confirm it and to execute the order..it will occours when the stock is more volatile. loss will be more with respect to time required to feed the pin say ok and order got executed.i.e. stock like Nestle,shree cement, MRF, honneywell auto etc which will make great difference in looses or profit…but reason behind the use of pin for sell is security of traders then this will be ok….thanks

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