Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)
commented on
10 Dec 2015, 10:24 AM
Dear sir, really i thanks to your nicely explained, but one thing i want to know please for example some broker provide margin for BTST orders and for example monday i buy 25 shares of SKFINDIA @ 1200 = 30000/- and within T+2 days i mean wednesday morning before opening the exchange i have to pay to my broker this 30,000/- Rs. but i can not transfer 30,000/- Rs. to my broker this time so till tuseday evning or wednesday till 3:30 pm i sold any others BTST possition stock or Cash possition stock from my portfolio then it will be equal that 30,000/- Rs. Debit or i have to pay any interest because from my angle in stock exchange trading running behalf of my pan card and every account Debit or Credit on the basis of my pan card so if that 30,000/- Rs. was debit on me and before wednesday morning or end of trading wednesday i sold any others btst or cash stock from my portfolio then debit will cleared and no any interest will charged brokerage firm. please reply me i will very thank full to you thanks