Can I convert short sell to delivery?

You can either short sell or take delivery, not both simultaneously. In short selling, you sell first at a higher price and buy back the same shares and quantity at a lower price. There is no delivery here, you only get paid/ have to pay the difference in the transaction amounts.

Is short selling allowed in Kotak Securities?

Enables short sell – In case you have a bearish view on a stock, you can short sell the stock by borrowing the stock from SLB. No counter party risk – Securities lending and securities borrowing transactions are guarantee by NSCCL.

Is short selling only for intraday?

Shorting in the spot market has one restriction – it strictly has to be done on an intraday basis. Meaning you can initiate the short trade anytime during the day, but you will have to buy back the shares (square off) by end of the day before the market closes.

Can I sell delivery shares on next day in Kotak Securities?

A customer can sell up to 100\% of the shares bought the very next day, provided there is no change in normal settlement cycle. The facility is available for both online and offline trading customers.

Is short selling banned in India 2021?

is short-selling banned in India 2021? Short selling is allowed in India for Intraday Trading whereas Naked short selling in India is prohibited by SEBI, along with day trading by institutional investors.

Why do I have to pay for Kotak Securities?

As Kotak Securities provides funding for the shares bought by you, you need to pay only part of total value of shares bought. E.g.

What is BNST service in Kotak Securities?

Kotak Securities has introduced service of BNST which allows you to sell shares, bought by you, before the settlement of the shares is done. Click here to know more. Buy Now Sell Tomorrow (BNST) | Kotak Securities®

What happens if I Forget to sell my intraday shares?

In case you forget to sell your intraday shares or close your positions before the stock market closes (3:30 PM)then your broker will automatically close it for you. However, you must note that in such a case he will also deduct the square off charges as you failed to close your open intraday positions on time.

What happens to your Demat account when you sell under BNST?

The shares that have been bought and subsequently sold under BNST would be first credited and then debited from your Demat Account as per normal pay in and pay out. A customer will not be required to do anything different from a normal transaction. Margin release post selling stocks under BNST depends upon stocks’ multiple.