4.10How to place a sell order
1What is it?
Open the stock from your holdings, tap Sell, enter quantity and order type, and confirm. For delivery shares you authorise the debit from your demat (often via a one-time DDPI or TPIN).
2Why does it exist?
Selling turns your shares back into money, booking a profit or a loss.
3Stock market example
When you sell delivery shares, the depository charges a DP charge per stock per day of sale (a flat fee, roughly ₹13–20 plus GST depending on the broker).
4Diagram
9:41Sell order●●●
INFY · NSE
Infosys Ltd
BUYSELL
Delivery (CNC)Intraday (MIS)
Quantity6
Order typeLimit
Price₹1,495.00
Stop-lossoptional
Approx. value₹8,970
Available cash₹10,000
Swipe to SELL
Illustrative screen · prices are made up
5Quick revision
- Sell from holdings.
- Authorise demat debit (DDPI/TPIN).
- DP charges apply on delivery sells.
6Knowledge check
Q1. What is DDPI?Show answer
Demat Debit and Pledge Instruction, which lets the broker debit sold shares from your demat.
Q2. When are DP charges levied?Show answer
When delivery shares are sold (debited from demat).
Q3. Does selling always mean profit?Show answer
No, it books whatever gain or loss you have.
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