Comment on Consequences of Short delivery - NSE/BSE

PARITOSH SHARMA commented on 16 Jul 2021, 10:01 PM

What would happen if one has a short position (MIS) and the stock gets stuck in the lower circuit “SELLERS ONLY” will he be allowed to exit his open short position. The trader has no share in the demat account as he had placed an (MIS) order. In this situation even though the trader is right about the direction of the trade will he be held liable for short delivery?

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