A Trade to Trade settlement system is such that delivery is absolutely mandatory.
Day-trading (intra-day buying and selling) is not encouraged in stocks
that are in trade-to-trade segment.
If you sell shares (from your demat account) that are under trade-to-trade transaction & buy them back later on the same day, then the investor in such a case has to give delivery for the shares sold.
If you sell shares (from your demat account) that are under trade-to-trade transaction & buy them back later on the same day, then the investor in such a case has to give delivery for the shares sold.
However, a day later, the investor shall get delivery of the shares bought which clearly signifies that each trade is separate.
If you do not have shares in your demat account, you cannot sell them. This is because you have to give delivery. The shares that you buy, come into your demat account after a couple of days; thus you cannot sell them on the same day.
If you do not have shares in your demat account, you cannot sell them. This is because you have to give delivery. The shares that you buy, come into your demat account after a couple of days; thus you cannot sell them on the same day.
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