Buying in BSE and Selling in NSE

I have a question.

If a certain stock is listed on both BSE and NSE, is it possible to buy shares of the stock in the BSE and sell those in the NSE. I am asking in regards to both Futures and Cash Market.

Thanks.

NO bse is diffrent exchange & nse is diffrent

Yes it can be done in cash mkt but there is a risk element.
The stocks you sold in cash mkt has to be settled with delivery ,which you are to get from another exchange,hence any time or qty gap means auction & penalty charges.
Hence retailers avoid that,if the stock lending starts then it will be easy.Infact the arbrittagers do THESE type of trades everyday in bulk qty & that is the precise reasons why this significant disparity in price between 2 exchanges do not last for more than few mins.

Thanks. But I am a little confused still.

What is Stock Lending??

If delivery of stock is imperative to perform arbitrage, how do traders take advantage of the price difference between the two exchanges??

Stock Lending is a concept toyed by SEBI to facilate 'Short Selling' ,yet not implemented.

Arbritragers are HNI/ Brokers they have nothing to do with Fundamental or Technical of a scrip ,they just Lock in the price difference if it is more than short term Bank Deposit retuns & with their previledged status they get the tacit support of broker house & can temporarily access Huge pool of Scrips ( being held by large no of long term investors in demats accessable by brokers ).
Their brokerages are miniscule & this guys lock 0.25% to 0.5% price difference if any; in large qts,hence at end of T+2 a substantial sum of money is earned,here the cache is when you sell your a/c is credited & when you buy your a/c is debited hence you actually dont cough up any money but in case of accident (say short delivery) your net-worth should mentally satisfy & justify the broker to allow you to take the trades.

Why the BSE/NSE make it compulsory auto square off by the brokers, whenever there is a short sell and the client could not square off at his end....may be due to some system delay (or hang up, etc or due to some unavoidable reasons). The auction and penalty is too much for small time investers. I am talking more about online traders.

Some times we can find 10-20paise differeance between two markets. Can an ordinary small trader transfer a share from NSE to BSE? If possible how?

Another questions though Offtopic:
Suppose I buy 1 lot containing some 2,000 shares of some abc share in futures then can I sell those 2,000 in pieces in Cash market?

Another questions though Offtopic:
I heard Auction sales are 10-13% higher than the market rate. In that case can we go and sell our shares from delivery in the auction there by getting 13% more profit. Possible?

Hi guys,

In the recent NHPC IPO I got 175 shares. Can I sell this at any exchange where it is listed? Its listed in both BSE & NSE.

Thanks.

^ Yes, you can sell it on BSE as well as NSE.