Comment on Basics on SLB (Stock Lending & Borrowing)

Nithin Kamath commented on 01 Sep 2015, 03:26 PM

Lot size on godrej is 1000. So for every lot you want to buy in futures, you will need around Rs 70,000 and to borrow and short 1000 shares you will need Rs 3.8lks + 20% more so totally 70k+ 4.5lks = Rs 5.2lks for every 1000 godrej.
1. Yes you can cover. But you will not be able to give back the shares to the person from whom u have borrowed as it has fixed periods of borrowing.
2. SLB is not really popular in India.

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