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.


Active Member
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.
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.
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.

Similar threads