U are right. But that auction happens as HNIs didn't got FPO the stock on monday which was expected. and there was no stock available for hence auction happened 20% high price. But yesterday auction price was 206 where as high was 203. Now 2days high is 199.95 in nse. Hence those who have shorted on Tuesday will get at that price. Hence ideally they will earn money and not loose
DEAR 980 PRITSHAH SELL ACUTION PRIZE IS DECIDED ON DAYS HIGH RATE+PELANTY NOT CMP YET WE ARE NOT AWARE ABOUT DAYS HIGH AND FROM SOME SOUCRCES I HAVE COME TO KNOW THAT 24TH MAY ACUTION RATE WAS 249RS BUT THAT DAYS HIGH WAS 206.4
Dear Dinesh I have also noticed the same in my case. But when I tried to sell the stock the system is saying that to allocate the same in Demat allocation manually. But the demat section it is saying that there is no resources for the stock. Hence I am unable to sell. Is it the same problem in your case or not. Please inform