Comment on Consequences of Short delivery - NSE/BSE

Nithin Kamath commented on 24 Jan 2015, 10:40 PM

1. Yep
2. You can sell it the same day. It will be considered as an intraday trade, and there is no risk of short delivery also.
3. Stocks are usually delivered around mid afternoon, before closure. But the risk of auction is reduced drastically if you sell on wednesday before taking delivery. Because even if someone short delivered to you, you will get it on Thursday through auction (T+3), and the shares that you sold wednesday anyways has to be given to the exchange on Friday.

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