Sold my equities, debt funds etc… Still giving me a cash shortfall red rule error when i’m trying to buy some other equity share in CNC / delivery.
I believe atleast 80% of the sale proceeds should be available same day ?
is it some recent rule change at the broker or exchange level ? Because i think earlier , i used to get funds available same day for buying some other stock.
It has made swing trading impossible, and causing interest / opportunity losses, capital under-utilization .
If these were already credited holdings, you should generally get 100% of the sale proceeds to buy other stocks immediately. If it was a BTST sale, then that could explain the cash shortfall, as the funds wont be available until the next trading day. Since we can only speculate, it’s best to check with Shoonya support for the exact reason.