razx5

Active Member
#1
hello members i know that it is possible to buy @nse and sell @bse or vice versa for intraday trading.but is it necessary v have to square it up at the end of day?for eg i i bought 1000 [email protected] FORM NSE AND SOLD IT @40.15 in bse.do i need to cover these 1000shares in bse?thanx please reply
 
L

learn2trade08

Guest
#2
you cant do that on intraday...you cannot buy in one exchange and sell in the other....

hello members i know that it is possible to buy @nse and sell @bse or vice versa for intraday trading.but is it necessary v have to square it up at the end of day?for eg i i bought 1000 [email protected] FORM NSE AND SOLD IT @40.15 in bse.do i need to cover these 1000shares in bse?thanx please reply
 
#3
at both the exchanges you must be even (squared off) both buy/sell positions.. which makes it practically useless to do shorting in one exchange and going long on the other. it's not worth the trouble. only, when you see an opportunity to sell higher your delivery in other exchange, then it makes sense.
 
L

learn2trade08

Guest
#4
rizwan'bhai...
i have a feeling he meant buying in nse and selling the same at bse intraday...

at both the exchanges you must be even (squared off) both buy/sell positions.. which makes it practically useless to do shorting in one exchange and going long on the other. it's not worth the trouble. only, when you see an opportunity to sell higher your delivery in other exchange, then it makes sense.
 
#5
you can sell at any exchange (no matter from which u bought at) but u should have delivery of the stock. that happens T+2 i.e. 2 days after you buy it.

so no chance of doing it intraday.
 

rvm123

Active Member
#7
this can be done. this is what is called arbitrage. if the difference is more (more than the commission payable) u may have some gains. u may get further details from some brokers
 

pkamalesh

Well-Known Member
#8
Yes..This is called arbitrage and it must be done almost simultaneously....if at all an arbitrage opputunity exists the maximum one can make is a mer5 paise...and after brokerage??nothin will be left...Generally arbitrage is used to advantage in forex trading or commodities trading where the prices of the commodities vary from country to country...for example a dozen apples might cost about 500 rs in india...if the same dozen apples cost you 1000 rs( in dollars) in th US the traders then take the arbitrage opputunity(The diff in the price) to thier advantage...practically speaking it wouldnt work in the stock markets..atleast in the Indian stock markets..
 

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?