Hi Friends,
I am really new to Stock exchange , last week on 2nd Jan 08 I have done some short selling of 8000 RNRL when the price was around 180 rs, as by mistake I forgot to square off, I was told by my Broker that you cant purchase these stoks next day and you stocks will go for auction.
Since many days I have been asking for details from my broket about the status and he didnt respond me with any clear answer.
Yesterday on 9th Dec I observed that 6 Lacs was deducted from my account, and when I ask my broker he says that you made this loss due to Audtion of your shares, but I am really suspicious that This amount is charged by NSE auction its the broker who is playing internally and charging me the highest possible rate.
As I assume that acution is usually on T+3 day and the prices on that day was around 220 and I have been charged 245/share
Would really appreciate if anyone can help me the way to track if this is really genuine deal by NSC or its the broker who is cheating with me.
I am really new to Stock exchange , last week on 2nd Jan 08 I have done some short selling of 8000 RNRL when the price was around 180 rs, as by mistake I forgot to square off, I was told by my Broker that you cant purchase these stoks next day and you stocks will go for auction.
Since many days I have been asking for details from my broket about the status and he didnt respond me with any clear answer.
Yesterday on 9th Dec I observed that 6 Lacs was deducted from my account, and when I ask my broker he says that you made this loss due to Audtion of your shares, but I am really suspicious that This amount is charged by NSE auction its the broker who is playing internally and charging me the highest possible rate.
As I assume that acution is usually on T+3 day and the prices on that day was around 220 and I have been charged 245/share
Would really appreciate if anyone can help me the way to track if this is really genuine deal by NSC or its the broker who is cheating with me.