Can shares be bought on one exchange and sold on another?

Yes, shares can be bought on one exchange and sold on another, provided the shares are listed on both exchanges.

In India, many companies are listed on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE), which allows investors to trade the same shares across exchanges.

How it Works

1. Buy on one exchange:
   You can purchase shares on NSE, for example.
2. Hold in your demat account:
   After settlement, the shares are credited to your demat account.
3. Sell on another exchange:
   You can then sell those shares on BSE (or vice versa).

Same-Day Selling (Intraday Across Exchanges)

In some cases, it is also possible to buy shares on one exchange and sell them on another exchange on the same day, if your broker allows it and there is sufficient liquidity. This is sometimes used to take advantage of price differences between exchanges.

Important Points

• The company must be listed on both exchanges.
• Prices may differ slightly between NSE and BSE due to demand and supply.

Example

• Buy a share on NSE at ₹100.
• If the price on BSE is ₹101, you may sell it there and capture the price difference.

This type of trading is commonly known as arbitrage trading, where traders benefit from small price differences between exchanges.