What is the meaning of trading not allowed since scrip not present in the applied template
Answers
The trading not allowed since scrip not present in the applied template because such stocks you can do only delivery based trades.
ANSWER:
This implies that the scrip is not allowed for intraday day trade as on such scrips only deliver-based trading can be done that is in a Trade-to-Trade segment.
EXPLANATION:
Trade-to-trade (T2T) is a segment wherein shares are allowed to be traded only for compulsory delivery basis. It implies T2T shares are not allowed to be traded intra day i.e. speculation in shares/stocks/scrips, particularly buying/selling them during the same trading day so that all positions are closed before closing of the market for the trading day, with the intention to make profit Each share bought or sold which are comprises this segment must be taken delivery by paying the entire amount. The scrip settlement available in this segment is undertaken on a T2T basis and netting off not is permitted for the day.
Also, no intraday/speculative trading is permitted. Delivery of shares and payment of the amount are compulsory and each trade has to ensue in a delivery although shares have been purchased/sold in the same settlement cycle.