How to hold short position for 2-3 days?

General
1

Hi All,

Can anyone quickly help me over here,

How can we short and hold an equity position for 2-3 days?

Note: I am not holding any shares of that Co. in my account.

I want to know this because, I can see HPCL futures are trading at a discount of Rs. 20/share today.

The Ex-Dividend date is 2nd of Sep, 2015

So, probably the prices of both equity and futures would be nearly the same on 2nd of Sep.

I want to short HPCL in equity and buy 1 lot of futures.

Let me know your thoughts on this as well and any hidden cons if this position is taken...

Regards,

Mangesh

2

you can short in equity for intraday but not in delievery based trading , if you want delievery based shorting , possible in futures

1 Like
3

Shorting in spot is possible only through Securities lending and borrowing scheme - http://www.nseindia.com/products/content/equities/slbs/slbs.htm

You may also be interested in this - http://zerodha.com/varsity/chapter/shorting/

1 Like
4

Thank you guys for answering the query :slight_smile:

5

Thanks nishant!

6

Thanks Karthik!