Comment on Online pledging of stocks for trading F&O
commented on
13 Jun 2020, 01:12 PM
I HAVE A QUESTION REGARDING THE PLEDGING AND UN PLEDGING OF SHARES WITH ZERODHA.
IF I PLEDGE 100 SHARES OF RELIANCE @ CMP 1500, AND UN PLEDGE THE SHARES AFTER ONE MONTH, WHEN THE CMP OF RELIANCE IS SAY PLUS OR MINUS, WHAT WILL I BE RETURNED BACK IN MY DEMAT ACCOUNT WHEN I UNPLEDGED. SHALL IT BE THE CURRENT CMP AT THE TIME OF UN PLEDGING OR IT SHALL BE THE SAME CMP ON THE DAY OF PLEDGING. I MEAN THE ADVANTAGE AND DISADVANTAGE PART OF THE CMP FLUCTUATIONS IS WHAT I WOULD LIKE TO KNOW ABOUT.
I COULD UNDERSTAND THAT, BONUS, DIVIDENDS, ETC SHALL BE CREDITED TO CLIENT ACCOUNT.
KINDLY GUIDE ME ON THIS.
REGARDS
SUKETU DAVE