100% sale proceeds from selling holdings will be available for trading from October 7, 2024

[Sanjukumar.K]

@curiousvi

So if a broker claims they are doing early pay-in and charge separately for each early pay-in (separately for each sale order even though it is same scrip and same day but at different times - an hour apart from each other) - do they must make 80% or 100% credit available for other purchase instantly at the time you sell ?(during trading hours)

or they can make that credit available after trading hours ? (same day but after trading hours)
If a broker does not make the credit available instantly - is he violating the rule? @Ragavendran_M @Pai @ShubhS9

When we sell shares - is there any peak margin?

When we sell shares from holding - should it show any peak margin ?

Answered here ^.

[EasyMoney]

@siva Sold Holding of Xyz 1000 qty @ 200 and bought again xyz 1000 qty @ 202 same day ?

Is it possible ?

How will brokerage and stt will calculate since I did not trade MIS - I sold holding so no brokerage ?

[nithin_kumrr]

@EasyMoney

Sold Holding of Xyz 1000 qty @ 200 and bought again xyz 1000 qty @ 202 same day ?

Is it possible ?

Hi @EasyMoney , Yes. This is possible.

If the shares sold are from your holdings (not T1), you’ll receive 100% credit from the sale, which can be used to buy stocks. In this case, since you’re buying back at 202 after selling at 200, your intraday P&L will be -2,000.

This will be considered an intraday trade, and brokerage, STT, and other taxes will be charged as per intraday rates.

Zerodha brokerage charges, fees & taxes on trading and investing

It is considered intraday because you sold and bought back the same quantity on the same day, leaving no net delivery.