What will happen if any stock reaches its upper or lower limit?
In case of short selling, if the stock is in the upper circuit, it will go in Auction and settle by the exchange on T+1 day, and in case of a buy position, it will go to your holdings.
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Can the client buy and sell if stock is in the upper or lower circuit limit?
No, you cannot trade in case stock is in the upper or lower circuit limit. You can only make a bid and wait for buyers/sellers.
What will happen if I sell my stock holding before getting the bonus shares?
Record date is a cut-off date set by the company. If you are the owner of the shares of the company on this cut-off date, then you are eligible to receive the bonus shares. If you sell your holding after the cut-off date, you will still get the bonus ...
What is a stock split?
A stock split is a corporate action in which a company divides its existing shares into multiple shares. Basically, companies choose to split their shares so they can lower the trading price of their stock to a range deemed comfortable by most ...
What is Stock Split?
A stock split is when a company increases the number of its outstanding shares by issuing more shares to current shareholders. This is typically done to make the stock more affordable and attractive to a broader range of investors without changing ...
What will happen if I don't square off my Option contract on expiry day?
If you have bought options: - - In the money: STT on exercised contracts will be charged at 0.125% of the intrinsic value (in-the-money amount), not the total contract value. - Out of the money: The option contract will expire worthless, and you lose ...