Comment on Consequences of Short delivery - NSE/BSE

chirag commented on 31 Aug 2015, 09:27 PM

Hi buddy,

two days back I have purchased 1000 shares as Intraday and convert it to deliver around 2pm , next day price was up I tried to sold 1000 but could sell only 518, when I check I found that 482 shares was sold out as part of Intraday, broker told that transaction done but could not get shares, hence 482 shares squareoff occured automatic because of position open. I could not understand that how it’s possible as my transaction was successful to convert delivery. My report also appear that I have bought 1000 shares yet to recieve but finaly amount of share it appeared as 518. Broker told that seller could not provide delivery, so I would get shares + penalty or difference + penalty at T+3 days. But I did not get any notification from exchange.

tomorrow is T+3.

thanks
chirag

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