Auction

Auction of shares on NSE and BSE

In the equity segment, shares can be sold for delivery only if the shares are available in the demat account of the client. The client needs to transfer the shares to the Exchanges - BSE or NSE on T+2 days. If the client fails to transfer the shares within the stipulated time, such transaction re...

Short Delivery of Shares

Short Delivery Explained In the equity segment whenever a share is bought or sold, and not squared off on the same day (i.e. non-intraday trades), such transactions result into delivery transactions. This means that if the shares are bought, the client needs to pay the full amount and take the...

What are unsettled holdings or T1 holdings?

Unsettled Holdings or T1 Holdings Definition Unsettled Holdings or T1 Holdings are holdings which are yet to be settled by the exchanges and the impact of transactions effected remains unsettled till the exchanges complete the T+2 settlement cycle. The shares bought or sold on the stock exc...