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On T+1 day, you can sell the stock that you purchased the previous day. On day 3 or the T+2 day, around 11 AM shares are debited from the person who sold you the shares and credited to the brokerage with whom you are trading, who will in turn credit it to your DEMAT account by the end of the day.
Can we short sell in CNC in Zerodha?
No, you cannot short sell using the CNC product code in Zerodha unless you hold the shares in your Demat account. CNC refers to Cash and Carry used for Equity delivery-based trading. Zerodha does not offer STBT (Sell Today Buy Tomorrow).
What is POA Zerodha?
Power of Attorney (POA) is a document that gives the stockbroker authorisation to debit your shares from your demat account whenever you sell your holdings. If your POA is mapped to your Zerodha account, you will be able to sell your holdings without a prompt asking you to authorise the transaction.
Is BTST not allowed?
Almost all stock brokers in India offer BTST (Buy Today Sell Tomorrow) facility. It is also known as ATST or Acquire Today, Sell Tomorrow. BTST is allowed in Zerodha.
Can I sell shares without POA?
When you buy shares, we receive the shares on your behalf from the exchanges (NSE/ BSE) which are then transferred to your Demat Account with NSDL.
Can I trade in Zerodha without POA?
While trading futures and options or intraday equity trading, there is no requirement of the POA. POA, though not a mandatory document to be signed, is required for smooth operation of your demat account.
Why is Adani Power delisting from the stock market?
This is possible only based on connivance between Lenders and Borrowers,” said a financial analyst, explaining that delisting of Adani Power might be to increase the share value and again approach banks for huge loans by pledging shares. Recently Gautam Adani’s firm has been caught in the coal import scam.
Why is SEBI so obsessed with Adani Group?
As a regulator, the Stock Exchange Board of India (SEBI) has to protect the common investors, they say. Another reason is that they smell a scam. Adani Group was involved in the Loan Against Shares (LAS) scheme and got huge amounts of loans from Public Sector Banks.
Should I stop using Zerodha?
Please stop using Zerodha. It’s one of the stupidest platform to trade. I never traded in my account till date, because my friend and myself were using his own account for overall trading. The platform collapsed on the day when the market was ready to give huge profits. Mr.
What is the Adani Group’s total loans?
Adani Group was involved in the Loan Against Shares (LAS) scheme and got huge amounts of loans from Public Sector Banks. It is reported in Corporate circles that more than Rs.41,000 crores were obtained by pledging shares and Adani Group’s total loans has reached around Rs.