Comment on Consequences of Short delivery - NSE/BSE

Sukesh commented on 01 Nov 2013, 07:12 AM

Hello,

Very interesting article as usual. My question is:

You have mentioned that if there are no fresh sellers in the auction market then the trade would be settled on close out rate. In such a case will the difference in the amount be the profit of the buyer of shares?

My understanding is that in this case the buyer of these shares would not get the delivery of shares but the money would be credited to his account which would be his profit – Please confirm.

Thanks

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