Comment on Consequences of Short delivery - NSE/BSE

Nithin Kamath commented on 28 Nov 2013, 11:03 AM

Webd,

If you buy on T+1 or T+2, you will not have the shares in your demat at the required time.

So if you bought on Monday and sold on Tuesday, you have to deliver the stock on wednesday evening. Assuming you buy on tuesday you get the stock only on thursday(T+2) and if you buy on wednesday only on friday(T+2), in both the cases you will not have shares in your demat on wednesday evening.

What is important to know is that when you buy shares it take 2 days before you get the shares, it is not immediate.

Hope this helps,

View the full comment thread »