Hey, any idea which brokers allow selling pledged securities without the need to unpledge them a day before and further, allow 80% of the credit received to buy other stocks on the same day? With intra day margins increasing, this facility is bound to gain importance. Zerodha requires a prior day request, that too before 2 PM. As of now i think Angel Broking and Alice Blue are the prominent ones which allow the above. Any idea guys?
@nithin @siva its high time you guys have to start looking this issue. else people will start shifting to other brokers. Its really a opportunity lost. Clients have been waiting for few months now.
Yeah, most likely in next two months we should be ready with this.
Any ETA of this feature ? Selling without unpledging ?
- Also what happens if we sell without unpledging ?
Not yet, working on this.
This is probably not a priority anymore?
Motilal let selling pledge shares without unpledging them
This is still a WIP, will update once it is ready.
By when?
Many times we lose opportunity Today lost opportunity in HUL and IRCTC
I just mentioned the same I another post. I placed unpledged request today at 1PM to sell tomorrow. But apparently I was too late.
My friend you had given a time of 2 month on March 2021
Its been a year now and we are still not able to sell pledged shares. Why ?
Zerodha folks are probably busy making cutting edge applications. An update of the possibility of an update will be soon updated
We’re working on it, Rahul. Will keep you updated.
Today is the day I wish this facility was available. One of my illiquid securities is quoting at a premium but I have the instrument pledged.
I wanted this yesterday. Wanted to sell Sbi cards at 1025. But then I sold in futures to make sure I got what I wanted. Unnecessary extra cost.
Imagine if I had unpledged yesterday to sell today. It’s at 950s now.
I placed the unpledge request before 3:30pm today but haven’t received any confirmation yet. @ShubhS9 Can you look into it? I’m PMing you my client ID.