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BUY NEW SHARES ON THE SAME DAY USING THE MONEY THAT CAME FROM SELLING OF OTHER SHARES

Is it possible to buy new shares on the same day using the money that came from selling other shares in TMS?



r/NepalStock by apriliabloom

3 Comments
  1. [deleted] says

    I do this every time. The broker gave me limit of 8 lakhs so that i can trade without worrying about collateral. So if i sell shares and buy at the same day it’s not a problem. They adjust it that way.

  2. kornholic says

    Technically you can’t.. Because if you buy share on sunday, you need to pay by monday (or by 10am tuesday at last) to avoid penalty..

    But the share you sell on sunday, you get money on tms at wednesday. You get that money in your bank account next day i.e. thursday.

  3. soovas says

    yes its called netting

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