Delivery orders, as the name suggests, are those where a buyer has to take delivery of shares while a seller has to deliver them. This product type is available for the cash segment.
You need to have the full amount in your trading account to buy a stock for delivery. On the other hand, you need to have the stock in your demat account to sell the stock for delivery.
Log in to the HDFC Sky portal. On the web portal, search for the stock you want to buy. Add that stock to the watchlist and hover your cursor over the stock’s name. Click on ‘B’ to buy or ‘S’ to sell.
Customise your order on the pop-up window. By default, orders are for intraday trades, you need to select Delivery. Fill in order quantity, order type – whether market, limit, stop loss or stop loss market order, etc.
Click on Buy. Your order will be sent to the exchange and processed when matched.
The process to place a Sell order is similar.