Can I Sell Delivery Shares on Same Day?
Yes, You can sell delivery shares on the same day without any issues in the stock market. However, Your trade will be considered as an Intraday instead of delivery Regardless of whether the trade is placed in CNC or MIS order type.
However, this will not be the case with Trade to Trade stocks as Intraday selling is not allowed in Trade to Trade Segment stocks.
If you wish to sell delivery shares on the same day without any confusion you can use the convert option in your trading app. This will change your order type even after the trade is executed without any extra charges.
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Charges for Selling Delivery Shares on Same Day
Only Intraday charges will be applicable when you sell delivery shares on the same day as it is considered as an intraday.
You can check intraday charges with your broker like Zerodha, Angel broking, Upstox etc. in most of the cases it’s INR 20.