Comment on Consequences of Short delivery - NSE/BSE
commented on
22 May 2014, 10:46 PM
Manohar, the only way to have avoided the auction would be if you could have arranged for delivery of the IVRCL stocks on 21st May. One of the reasons why we should ensure to cover any intraday shorts and avoid trading BTST on counters where there is a lot of volatility. Hard luck, guess an expensive lesson learnt.