Can I sell my holdings immediately after placing my delivery trade?

No, you cannot sell your holdings immediately after placing a delivery trade. You must wait until the shares are credited to your Demat account, which happens after the T+1 settlement cycle.

Understanding Delivery vs. Intraday Trading

Delivery Trade:

• When you buy stocks for delivery, they are transferred to your Demat account on T+1 day.
• You cannot sell them immediately because the shares are not yet credited to your account.
• You can sell them only after the settlement is complete.

Intraday Trade:

• If you want to sell stocks immediately after buying, you must select the intraday trading option.
• In intraday trading, you can buy and sell stocks on the same day before the market closes.
• No actual stock transfer happens to your Demat account, and margin requirements are lower.

How to Sell Immediately?

• Choose ‘Intraday’ instead of ‘Delivery’ when placing your order.
• If you already placed a delivery trade, wait for T+1 settlement before selling.