Kite: Holding Dashboard Query: What does this mean, check image attached?

General
1

Hi,

Holdings Kite(1).png1352×625 67.3 KB

Please check the attached image. What does T1:70 Means, while the QTY is 0 ? I’m unable to decode it.

Thanks,

2

When you buy a stock, the settlement cycle in India is 2 days. So if you buy a stock on monday, it comes to your demat on wednesday. Until it comes to your demat, we show it is as T1 quantity (holding which hasn’t reached demat). You can even sell these T1 stocks, it is usually called a ATST/BTST (acquire/buy today sell tomorrow) trade.

Check this post, explains risk of selling stocks before getting delivery.

3

Thanks, that clear a lot of things. Also added few items to read in my To-Do.