Question:
i am new to trading.I placed a buy order for MTNL (5 shres) @160 each. It got executed. Now i wanna sell it. I trade on ICICIDirect.com. Now its not allowing me to sell those. It says "Insufficient stock in demat account".I tried in Demat allocation but i am not able to see those 5 mtnl shares there. what to do?
Answer:
Assuming you bought the stock today, it would get credited in your DEMAT only on Thursday unless are doing margin trading or you have traded in BTST category.
Once the account is credited with MTNL shares, go to DEMAT allocation and choose Auto Allocate or manually allocate shares. That way the stock will appear in your DEMAT holdings list and you can sell them from there.!
Hope this helps
More Questions & Answers...
IRAQ stock exchange?
624-ShareBuilder-Stock-Account.html
How to report the stock gains separately?
Determine stock size?!?
I am 13, is there anyway that i can invest in a stock?
How am I doing?
Can owning a mutaul fund affect your social security income for people under 40?
How do I set up a account to by penny stocks?