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| Discuss Religare: Problem in selling my stocks at the Investors Grieviences within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I have 10 shares of WIPRO in my religare account and When I can trying ... |
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#1
28th December 2007, 12:02 PM
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Religare: Problem in selling my stocks
I have 10 shares of WIPRO in my religare account and When I can trying to sell these 10 stocks, my order was getting rejected due to "No free stock available".
Any one of you faced this issue earlier ? Any solution? Cusomter service people not responding to my query. Poor service from Religare. 
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#2
28th December 2007, 02:59 PM
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Re: Religare: Problem in selling my stocks
you have not mentioned your trading account type.
make sure that these shares dont fall in margin category. some OL brokers require you to maintain a margin(either cash or stocks) with them.
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#3
28th December 2007, 04:01 PM
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Re: Religare: Problem in selling my stocks
There is no margin required by Religare and I am keeping required minimum amount in cash with them.
Customer service people told me that I can sell my stock but they are clueless on why my order getting rejected.
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#4
17th January 2008, 08:45 PM
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Re: Religare: Problem in selling my stocks
Only one problem? Thank God. I had faced 42 problems in their software. Thereafter, when I tried to transfer the shares to enable me to close account, that was also refused. I sold the shares at lower than the purchase price and placed request for withdrawal. Would like to know? Even this was delayed. I complained to NSDL/SEBI/NSE/BSE. Prompt came the fund. They do not agree that their s/w Race-pro has any problem. I do not know then how I hv been facing.
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