Buy Today Sell Tomorrow(btst)

deepak5442 · #1 30th November 2007, 10:12 AM

WHAT IS BUY TODAY SELL TOMARROW FEATURE OF ICICI DIRECT.COM?
can somebody tell about this?

fast_rizwaan · #2 29th January 2008, 05:54 AM

you can buy some selected shares (like nifty, junior nifty, and midcap stocks) which can be sold within 2 days before delivery.

Usually delivery of shares happends in T+2 days, i.e, 3 days, so if you want to profit from price rise within 3 days, BTST will help.

bala3332003 · #3 29th January 2008, 04:11 PM

suppose if i buy a share thru btst ...but i don want to sell that share after two days..can i hold it..

yatishjain · #4 29th January 2008, 06:25 PM

can u give sum examples of midcap stocks which come under btst

marcus · #5 29th January 2008, 06:36 PM

Quote:

Originally Posted by bala3332003

suppose if i buy a share thru btst ...but i don want to sell that share after two days..can i hold it..

sure you can, simply don't sell and you'll have the share put into your demat account on T+2

suba_stocks · #6 29th January 2008, 08:40 PM

Quote:

Originally Posted by yatishjain

can u give sum examples of midcap stocks which come under btst

every broker has there own list of buy today and sell tomorrow stocks....please understand.

before you sell please check the quantity of shares of btst in your dp...for example ...kotak securities allow only 75percent of the stocks you bought will be allowed to sell of btst cateorgy...that is even the scrip is in btst you are allowed to sell only 75percent( those many shares only reflected on dp)

so better check brokers list of btst and how much percentage is allowed to sell of total quantity stock bought.

good thing is check atleast once your dp...as your dp will reflect btst shares with number of quatity and then sell.
regards
suba

sharekingg · #7 7th February 2008, 07:20 PM

Is this facility available on Sharekhan

Raju · #8 7th February 2008, 10:15 PM

I had asked sharkhan ...In cash market i have done btst for many scrips but every time it has gone for auction..Even though the marketing guy says ..it is better to avoid doing btst in sharkhan in cash market ..if u get any solid list from sharekhan please forward it to this forum ...

vasa1 · #9 7th February 2008, 10:57 PM

Geojit also has BTST scrips, quite a few. But as other posts suggests it is better to read the fine print before getting into this. I couldn't find any info on their site. So perhaps will have to call the toll-free number

vipulk · #10 8th February 2008, 09:38 AM

I have idea about indiabulls. Indiabulls provide cash to hold BTST shares for 7 days and then if you are not able to sell them then they will squareoff them to get the money. In liu they charge some percentage everyday which is quite high so my openion is don't go for it untill unless you are sure you are going to get high returns on any scrip in few days.

I have burned my hands in it.