To place an intraday sell order, am I required to be holding the securities?
No, you are allowed to place intraday sell orders even if you do not hold the shares in your demat account. Only the applicable margin will be blocked in your trading account (from your available buying power).
However, you will have the close your intraday position before 3:15 p.m.
Intraday sell orders cannot be converted to a delivery/cash order unless you hold the shares in your demat account.Still need help? Create Ticket
