05 December 2007
I had purchased 2000 shares of Remimetals Gujarat on 28-11-2007 Wednesday through icicidirect.com.These shares were under TT settlement. I tried to sell it on the same day but they said that i cannot sell as i dont have enough shares in my demat account. Is it because of monthly settlement on the next day or is there a group of shares which cannot be sold on the same day? If there is any such group can u suggest a site from where i can get the information? Exactly what is TT settlement in brief?
CAclubindia
