Suppose I have ten stocks of company A with an average 2500 INR.
At 10 am - I sell 10 shares of company A using a CNC order at INR 2200.
At 2 am - I buy 10 shares of company A using a CNC order at INR 2300.
Will it be considered intraday trading with a profit of INR 1000 and demat average 2500?
Will it be considered a capital loss of INR 3000 and a demat average 2200?
I found Can shares be bought on one exchange and sold on another? article, example mentions transaction type was MIS.
This article does not mention anything about MIS/CNC order type How is the buy average affected when shares from holdings are sold and bought back on the same day?
Selling shares from holdings and buy them back on the same day will be considered as an intraday trade. As there is no debit or credit of shares from demat account, the buy average price for your holdings will remain as is, while you will make Rs. 1000 intraday profit.
You can check more details here: How is the buy average affected when shares from holdings are sold and bought back on the same day?
Suppose I buy at NSE and Sell at BSE. Will it still be an intraday trade?
Hy @Running6695
Through CNC yes you can perform this.
Through MIS, you cannot switch between exchanges when you are trading Intraday(MIS). If you buy a position in, let’s say, NSE, you have to square off the position in NSE only; doing otherwise will create two different intraday positions.