Comment on Online pledging of stocks for trading F&O
commented on
15 Feb 2016, 11:28 PM
Suppose by pledging shares today I get a margin of 10,000/-
If today with the margin i take instant CNC delivery of shares worth 9000/- and on T+2 settlement day I transfer 9000/- to my trading a/c.
Will there be any charges applicable?
I try the above strategy with other brokers providing instant margin for shares lying in demat a/c.