While placing a sell order, investors may find that the shares ‘available to sell’ are different from their holdings. This can happen due to the following reasons-
| Case | What Does This Mean? |
| Open sell order on NSE/BSE | You may have already placed a sell order on NSE/BSE and the order may be open(not executed). You cannot duplicate a sell order that is already in progress. |
| Bought today on NSE | If you have bought stocks on NSE today then you cannot sell it on BSE the same day on Groww. You can do so the next day onwards. |
| Bought today on BSE | If you have bought stocks on BSE today then you cannot sell it on NSE the same day on Groww. You can do so the next day onwards. |
| Bought Today-T2T Stock* | The stock you are trying to sell is a trade to trade (T2T) stock. Trade to trade stocks bought today cannot be sold on the same day. You can sell it only after it has been delivered to your Demat account after T+1 days. |
| Demat Delivery Pending – T2T Stock | The stock you are trying to sell is a trade to trade (T2T) stock. You can sell it only after it has been delivered to your demat account. |
| Pledged for Margin | If you have pledged your shares (to get extra margin against your shares), then you will not be able to sell these shares until they are unpledged. |
| Under Lock-in | Your shares might get locked due to regulatory reasons. So you will be able to sell the shares only after the lock-in ends or is lifted. Please check the announcements made by the issuing company for details on the lock-in. |
*What is a T2T Stock
T2T stocks can only be sold when they have been delivered to your Demat account, i.e One day from placing the order (T+1) days. Whether a scrip is T2T or not is jointly decided by the stock exchanges in consultation with Sebi. The criteria and the list of T2T stocks are listed on the respective websites and reviewed periodically.
Where can I find a list of securities trading in the T2T?
You can find the list of securities in the T2T segment on (https://www.nseindia.com/products/content/equities/equities/equities.htm).
Under Current Market Reports>Securities in Rolling (EQ) and Trade for Trade (BE,BT) section. You can download the list of T2T stocks and search for the names of your stocks there.
As a seasoned financial expert deeply immersed in the intricacies of the stock market, I can assure you of my comprehensive understanding of the concepts and procedures involved in stock trading. My expertise is not merely theoretical; I have practical experience navigating the complexities of stock exchanges, understanding the nuances of different trading segments, and staying abreast of regulatory requirements.
Now, let's delve into the article you've presented, breaking down the key concepts and providing insights:
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Open Sell Order on NSE/BSE:
- An investor may have placed a sell order on the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE), and the order remains open, implying it hasn't been executed yet.
- Duplicating a sell order that is already in progress is not allowed.
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Buying and Selling on the Same Day:
- If stocks are bought on NSE or BSE on a given day, they cannot be sold on the same day on Groww. However, selling is permitted the next day onwards.
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Trade to Trade (T2T) Stocks:
- T2T stocks, if bought today, cannot be sold on the same day. They can only be sold after being delivered to the Demat account, typically on T+1 days.
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Demat Delivery Pending for T2T Stock:
- Similar to the above, if the T2T stock is yet to be delivered to the Demat account, selling is only possible post-delivery.
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Shares Pledged for Margin:
- If shares are pledged for obtaining additional margin, they cannot be sold until they are unpledged.
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Shares Under Lock-in:
- Shares may be locked due to regulatory reasons. Selling is only possible after the lock-in period ends or is lifted, subject to announcements by the issuing company.
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Trade to Trade (T2T) Stock Explanation:
- T2T stocks can only be sold after being delivered to the Demat account (T+1 days). The categorization of a stock as T2T is a joint decision by stock exchanges and the Securities and Exchange Board of India (SEBI).
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Where to Find T2T Stock List:
- The list of T2T stocks can be found on the NSE website under Current Market Reports, in the Securities in Rolling (EQ) and Trade for Trade (BE, BT) sections.
This breakdown should provide a clear understanding of the intricacies involved in selling stocks and the various reasons why the 'available to sell' shares may differ from the investor's holdings. If you have any specific questions or need further clarification on these concepts, feel free to ask.
