This was ICICI direct brokerage call.
Encash 2.86% Arbitrage opportunity in Ambuja Cement.To execute, Buy one lot Ambuja Cement June futures at Rs 145.8 and sell 2000 shares (demat holding) at Rs 150.10.
I was wondering How is sell 2000 shares (demat holding) possible .What do they mean by that?
As far as I know , you can only short sell a stock in Equity for max 1 day.
Encash 2.86% Arbitrage opportunity in Ambuja Cement.To execute, Buy one lot Ambuja Cement June futures at Rs 145.8 and sell 2000 shares (demat holding) at Rs 150.10.
I was wondering How is sell 2000 shares (demat holding) possible .What do they mean by that?
As far as I know , you can only short sell a stock in Equity for max 1 day.