Selling and re-buying in CNC


#1

Can I rebuy the CNC shares that I have sold on the same day? How does it get settled after T1 day?


#2

Yes! You can buy the shares back in CNC and it will be considered as an intraday trade and the holding won’t be affected. ( The shares will remain there in your account )


#3

No matter when trade, all shares will be settled after T+2 days. If you buy and sell shares using CNC on the same day, it will still be treated as an intraday trade.