Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)

Hushaam H.S. commented on 13 Mar 2015, 09:14 PM

Good Evening Nithin, Today I purchased 1300 shares of CAIRN India at Rs.229/- per scrip in EQ-Cash segment under CNC product type. Ideally I should sell them from wednesday, but if i sell it on monday under CNC as BTST trade then will auction penalty get levied on me ? Or shud I wait till I get delivery of aforementioned shares by Tuesday evening into my Demat A/c. and sell thereafter?

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