BTST (Buy today and sell tomorrow)

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An order type which allows customers to sell shares before they are credited in to demat account or take the delivery of shares. The decision has to be made in 2 days.

All intraday positions (or margin trades) are closed by end of the day. When you buy shares in cash (Equity Delivery segment), the shares are credited in the demat account (for sale) only after T+2 days.

If you would like to hold the intraday position for 1 or 2 more days or you would like to sell the equity delivery position before T+2 day, you can use BTST facility. BTST allows customers to sell shares even before they are credited in to demat account.

BTST facility is available only on few scripts.

Please note:

  • It depends on the broker to identify the list of script for which BTST facility is available. For example, at ICICI Direct, BTST sell option is available for selling NIFTY, NIFTY Junior & Margin Trading Scripts.
  • This option is available for two trading days after the buy order. On the third day, shares will be delivered in your DP account, and you can place a normal sell transaction.
  • BTST facility is only provided by few brokers.
  • Most brokers do not provide BTST facility for SME companies.

Visit BTST Trading Explained to read more about BTST.

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