InvestorQ : Can I sell shares and then buy it back after 1 month?
manisha Kolvenkar made post

Can I sell shares and then buy it back after 1 month?

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Arti Chavan answered.
3 years ago
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You can only sell what you own, not what you don’t own. In case you are having shares with you, you can always sell the shares if you are expecting the price of the share to come down in a month. After 1 month, if the price comes down, then you can buy back the shares at a lower price. That is absolutely possible. However, this is not possible if you do not own the shares. That is because Indian stock markets operate on a system which is called rolling settlements. Once you sell the share you have to give the shares for delivery. Otherwise, the exchange will impose a penalty on you.
There is one exception here. If you want to sell shares without owning them, you can do it for an intraday basis. For example, you can sell the shares in the morning and then buy back before the trading closes. But, selling shares without having the shares and buying back after a month is not possible at this point in time.
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