Comment on ZT-Position Conversion

Sameer commented on 02 Aug 2020, 01:45 PM

If I buy a stock as CNC, I should ideally wait till T+2 before I sell it, else I risk a penalty.

But suppose, I buy a stock on Monday as CNC.
Then convert it to MIS on Tuesday after market opens
And then exit my MIS position for the same before market closes, will that be ok? or would it still be an early sale of the stock? (before T+2)

View the full comment thread »