Comment on Consequences of Short delivery - NSE/BSE

karthik commented on 24 Jan 2015, 07:05 PM

hi Nithin,
Thanks for the wonderful short and crisp article 🙂 kindly clarify my doubts with explanation in your words…
1.)just consider i ‘buy’ reliance share 100 qty @ Rs.800 on Monday(T day) in delivery based option. so the share will be delivered to my demat account on Wednesday(T+2) right ? if there is no short delivery from my seller side and if there was, then will be delivered to my account on Thursday(T+3) right?
2.)ok now just consider, i ‘buy’ reliance share 100 qty @ Rs.800 on Monday(T day) in delivery based option and it shows my order got executed successfully. now coming to my question… can i able to sell those 100 shares on the same day(means monday which is T day) ? (which are currently not in my demat account but i just bought and expecting delivery on Wednesday which is T+2 day ) or i have to wait at-least for T+2 days to get delivery of the shares into my account?
3.)ok if i bought shares in delivery based option on monday(T+day) it will reach my demat account on wednesday(T+2) morning or evening? means the share will be delivered to my demat account on the closure of trading on wednesday(T+day) ?

thanks in advance…
zero’rodha’

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