EQ: It stands for Equity. In this series intraday trading is possible in addition to delivery.

BE:  It stands for Book Entry. Shares falling in the Trade-to-Trade or T-segment are traded in this series and no intraday is allowed. This means trades can only be settled by accepting or giving the delivery of shares.

BL: This series is for facilitating block deals. Block deal is a trade, with a minimum quantity of 5 lakh shares or minimum value of Rs. 5 crore, executed through a single transaction, on the special “Block Deal window”. The window is opened for only 35 minutes in the morning from 9:15 to 9:50AM.

BT: This series provides an exit route to small investors having shares in the physical form with a cap of maximum 500 shares.

GC –  This series allows Government Securities and Treasury Bills to be traded under this category.

IL –    This series allows only FIIs to trade among themselves. Permissible only in those securities where maximum permissible limit for FIIs is not breached.



    1. Trade Smart Online Article Author

      Hello rsh123d,
      Whenever you place sell order, change instrument type from EQ to BE and then place your orders. Please get back to us in case of any further query.

  1. Thambidurai

    When can I square off my BE series shares if I purchased today[minimum holding period]? Can I close the position tomorrow?

    1. Trade Smart Online Article Author

      Hello Thambidurai,
      As per exchange’s T+2 settlement cycle, you are required to keep shares for 2 days. You can square off your shares after you get the delivery from exchange on T+2 days. However, you may buy today and sell tomorrow but before that we would recommend you to know the risk involved in BTST(buy today sell tomorrow) trades that may cause short delivery.

  2. sridhar

    stocks is in EQ series since it is over demand & continuous upper freeze it is converted to BE series
    my doubt is when this BE series will change to normal EQ series

    1. Trade Smart Online Article Author

      Hello Sridhar,
      Changing of series from EQ to BE or vice versa is depend on exchange decision. We cannot comment on this. We update the stock list every day. If the series is changed then the new effect will be shown in the trading software.

    1. Trade Smart Online Article Author

      Hello Kiran,
      The above article has been updated with different series. Please let us know in case of any further query.

  3. Rupesh

    Hi, i purchased 100 shares from BSE @ 250 rs, now the price is around 206 rs but in NSE BE series show’s 249 rs. can i sell the stock on NSE BE @ 249 Rs.

    1. Trade Smart Online Article Author

      Hi Rupesh,
      If you have delivery shares in your demat account then you can sell shares in NSE BE series.

  4. Tom

    My question as follows:
    1) In BE Equity shares, I purchased in NSE 100 quantity and is it possible to sell the 100 shares of NSE in BSE.
    2) while purchasing the Equity in EQ and afterward it converts to BE shall we sell it on (BE) that time and vice versa?
    3) If we purchase the stock on BE and sustain on BE, so is it possible to sell within 3 or 4 days in BE?
    4) Is there any quantity limitations on that BE shares while buying or selling?

    1. Trade Smart Online Article Author

      Hi Tom,
      1) If the stock is in BE series then you are required to wait till you receive the delivery shares from exchange. Once you receive the shares on T+2 days then you can sell in any exchange i.e BSE or NSE. Intraday is not allowed in BE series stocks.
      2) Yes, you can sell provided you delivery shares in your demat account.
      3) Once you buy shares in BE, you receive the shares from exchange on next two days. After you receive shares, you sell at any time. To answer your query, you can sell after 3 days and not withing 3 days.
      4) There is no special limitations to BE series. However, please have a look at the article on Maximum quantity in single order.

  5. Pankaj

    I purchase 25 share last 1month in EQ but today share show in BE can I sell this share .This Risk in BE series.

    1. Trade Smart Online Article Author

      Hello Pankaj,
      If your holdings are listed in BE series then you can sell your shares in BE series.

    1. Trade Smart Online Article Author

      Hello Shilpa,
      Your profit and loss is based on the price at which you bought the shares. Change in series will not effect on your profit and loss.

    1. Trade Smart Online Article Author

      Hello Shivprasad,
      Please refer the below explanation.
      SO – Odd lot market series, which is used to buy/sell the quantities less than market lot.
      ST – Trade to Trade shares are made available in ST series. No intraday allowed in such stocks. Compulsory delivery of shares required in such stocks.
      SM – SME stocks are traded under SM series.
      The other segments are of SME segment series.

  6. Gaurav

    Hi sir please inform me as Exchange norms & rules & regulations.
    Suppose I buy 1000 share from NSE (BE series) @ 10/- after delivery from exchange, I got to know same share in BSE (EQ) @ 12 /- , in this situation can I sale my share at BSE (EQ) @ 12/- for profit. Or is this against rule of Exchange ???
    please help me out

    1. Trade Smart Online Article Author

      Hello Gaurav
      Once you get the shares from BSE exchange, you can sell in NSE exchange. This is allowed as per exchange regulations.

    1. Trade Smart Online Article Author

      Hello Deepak,
      Consider a company declares for rights issues of share whose face value would be Rs.10. Company take this Rs.10 in parts. Like, Rs.3 as application fee, Rs.4 during 1st call and Rs.3 during second call. Until the total amount is received by the company the shares are to be called as partly paid shares and such shares are traded under E1 series.

    1. Trade Smart Online Article Author

      Hello Darshana,
      You can buy sell shares online if you have trading application and the login credentials.

    1. Trade Smart Online Article Author

      Hello Madhusudhan,
      If you bought shares in BZ series, then while selling please check under which series does this stock trade. Accordingly you need to select the series and place sell order. Please note BZ series fall under trade-to-trade category. You can sell stocks only if you have delivery shares in your demat account.

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