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The price difference between exchanges is hardly anything, and if it is there, it is nullified and brought to same level by trading algos who arbitrage !! … Yes, Once you have the shares in your DP, you can sell them on an exchange of your choice. You could have purchased on BSE and sell it on NSE and vice versa.
We cannot sell the stock in NSE or BSE if we dont own in that exchange. We can sell only in NSE or BSE if we own in that exchange. Cross selling is not allowed.
It is possible to sell a share in National Stock Exchange that was bought in Bombay Stock Exchange. But the condition is we cannot sell shares in NSE if we have bought them on BSE in a single day. The time period taken by any exchange to credit our Demat account is two days. So as soon as my account is credited I have the choice to either sell the shares bought on NSE or BSE.
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