Consider the following scenario:
- I purchase 1 share of X at the price of 100 and another share at price 102.
- On the same day, I sell 1 share at 104.
- The remaining share is delivered to my demat account.
My question is, what will be the value on which the delivery fees will be charged? Is there a protocol that the exchange follows in deciding which among the two shares (@100, @102) is meant for delivery?
My question is pertinent to NSE India but inputs about other exchanges would also help answer my question.