Can I buy and sell the same stock repeatedly?
Trade Today for Tomorrow Retail investors cannot buy and sell a stock on the same day any more than four times in a five business day period. This is known as the pattern day trader rule. Investors can avoid this rule by buying at the end of the day and selling the next day.
Can I sell a stock and buy it back the same day?
You can buy the shares back the next day if you want and it will not change the tax consequences of selling the shares. An investor can always sell stocks and buy them back at any time. The 60-day waiting period is imposed by the tax rules and only applies to stocks sold for a loss.
Can I sell and buy the same stock in the same day Zerodha?
Yes, you can buy shares and sell them on the same day at Zerodha. When you do this, it will be considered an intraday trade. Only if you buy shares in the BE/T category, then you will not be able to sell them on the same day.
Is it possible to sell shares bought in BSE in NSE?
Of course, it is possible to sell a share in National Stock Exchange that was bought in Bombay Stock Exchange. But then there is a condition attached. You cannot sell the share in NSE if you have brought it on BSE in a single day. This would be clearer when I explain to you with the help of an example.
Can I buy and sell the same stock on the same day?
Yes you can. but it is not possible on the same day. When you are doing it on the same day it will be called as arbitrage but again you will have to close your positions in both the exchanges. For example, you find one share at 105rs on BSE and 106 rs on NSE, then buy on BSE and sell on NSE.
What is the price of SBI on NSE and BSE?
Say, Price of SBI is 300 on NSE and 300.15 on BSE. (It’s a very rare situation, but it does happen for very few seconds) Now, Arbitrage Trader will Buy on NSE and SELL on BSE. By the End of Day, share price almost always becomes equal. So, at end of day, Intraday Long and Short both positions would be squared off.
How do arbitrageurs use the NSE and BSE?
Suppose you buy a stock at 100 at NSE and sell the same stock at 101 at BSE. When the price difference comes lower that 1 (101-100), sell on NSE and buy on BSE. When the difference is less than 1, you make profits. That is how arbitrageurs use it.