Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Yes, BTST (Buy Today Sell Tomorrow) trading is allowed in India, but with regulations set by SEBI, which require traders to maintain a 40% margin before executing a BTST trade, meaning you need to have a significant portion of the trade value readily available in your account before placing a BTST order.
If you cannot deliver the shares on time for a BTST trade, there might be penalties, and the exchange could auction off the shares to help settle the trade.
BTST is prohibited on stocks labelled "Trade to Trade" (T2T), meaning mandatory delivery is required.
