https://www.hdfcsec.com/peak-margin-collection-and-reporting
3.For any Fresh Sell trades carried out in CNC Product and any subsequent buy order on the same day in the same security (i.e. square off order) will be allowed only to the extent of 50% of the sales proceeds (earlier 80% of the sales proceeds was allowed) . In case you wish to buy further balance quantity or more you can so do by placing funds on hold to that extent.
4. For any Fresh Sell trades carried out in CNC Product and any subsequent buy order on the same day in other security will be allowed only to the extent of 80% of the sales proceeds (earlier 100% of the sales proceeds was allowed).In case you wish to buy further balance quantity or more you can so do by placing funds on hold to that extent.
not only hdfc i have seen lot of broker allowing 50% of sales proceeds user can buy it back .
Only in finvasia dada giri they dont even allow to buy buy single share if u sell from demate and have 0 as balance why is the question i ask..
even upstock follows same 50% is allowed .
So finvasia in name of sebi rule is making fool of its customer .seems like that but who cares !!