Help For An Nri

#1
Hi all I am an NRI interested in trading. New to this site.
I wanted to do trading online, but i understood that it is not possible for NRIs to do Intra-day trading. In that case i have only one option which i do not know whether is it feasible and profitable.

Any of the senior members please help.
My query is
1. Since i cannot do Intr-day trading, can i buy the shares through ICICI direct today and sell it the next day (provided the share price is up) ?

for example yesterday, INFOSYS share price was RS 1766.70
Today it is RS 1772.75

So there is an increase in RS 6.05 per share. If I have 1000 shares with me, it will add up to RS 6000. Yes i know that there will be commission involved.

Is it possible to do so?

Thanks And regards
Bidder
 
#3
HI SIVA

Thank you very much for the prompt reply.

CAn i buy and sell shares of all firms without using BTST scheme?
OR is it allowed only for some selected shares?

I understand that there will be a delay in crediting the shares to the demat account. So in that case if i buy today and if the demat account is credited in 2 days, can i sell it the third day?

MAybe this query looks very simple for u seniors, but please help me.

thankand regards
bidder
 

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