While selling shares of ₹ 1 crs I need to have 20 laca in my account? What bull shit rules are these? Can any one justify this rule?
No need to have margins in your account to sell stocks from your holdings. Read this
There have been many moving pieces on the topic of upfront margin requirements for trading stocks and F&O, and intraday leverages over the last few weeks. First, the news that clients will not be able to use the proceeds from selling stock holdings to buy other stocks on the same day. Then the clarification via an FAQ from exchanges that allowed this and also a circular from SEBI on July 31 which postponed collection of short margin penalty for delivery stock trades to start from Sept 1, 2020. T…
1 Like