Selling Delivery Stocks and buying on same day

[ShubhS9]

@Alpha_AA

Q1)If i sell T1 holdings which are yet to come in demat , how much % funds will be released immediately which can be used to buy new stocks in delivery/ intraday or F&O positions intraday/overnight on T1 same day?

Proceeds from selling T+1 holdings aren’t credited on the same day. These will be available for trading on T+1 day. More: Discontinuation of credit on sale of T1 holdings w.e.f 19th June 2023

@Alpha_AA

Q2a) If i sell demat holdings lets say 100 shares of company A under delivery CNC → then i understand 80% of funds will be released immediately and can be used for anything , can i use this 80% + more as needed- to buy same stock of company A same quantity 100 again under delivery same day (and the earlier sell transaction of company A 100 shares from delivery will then be considered intraday and remaining 20% amount of earlier sell transaction of company A 100 shares from delivery will come next day in my zerodha account to be used for anything? (anything= stocks delivery/intraday or F&O intraday/overnight)?

Yes, when you sell shares that are already credited to your demat account, you will be 80% of the sale proceeds on the same day, these can be used towards any trades.

@Alpha_AA

Q2b) if i sell demat holdings lets say 100 shares of company A under delivery CNC-> then i understand 80% of funds will be released immediately and can be used for anything , Do i need now 100% of money needed to buy same day under delivery CNC same company stock A same quantity 100 shares in which 80% i can use what i have got but need to get more in the account as needed at that time of the stock price of company A?

Yes, if 80% of the sale proceeds are the only funds in your account, to buy back the all sold quantity you will need to add additional funds as 20% are blocked and available only on T+1 day.

@Alpha_AA

Q3) in case of non orbis account and no DDPI or POA , if we have GTT sell orders on our delivery holdings does zerodha allows CDSL pin entry every morning so that in case GTT sell is triggered it executes the delivery holding sell on that day, if yes → how much time before market opening 9:15 am can we go and approve by entering CDSL pin in zerodha?

You can pre-authorize sell transactions from 8 AM onwards. More details here.

@Alpha_AA

Q4) If there is hedge position of a - Long/Short Futures (stock/index) + Hedge via opposite option buy same quantity as futures (stock/index)-- and there are losses overnight and in coming daysin Futures, but hedge is intact and in profit ->> still as per MTM for Futures we need to feed the extra margin to maintain the Futures loss position or we need to feed only the difference of the Futures loss after subtracting the hedge option buy profit as displayed in Kite terminal?

The profit you will be making on the long option position is unrealized and it isn’t added to your account balance until you exit the position. So if the futures position is on loss, you will have to bring in funds to settle this, if you don’t have funds in your account.