What happens when I buy / Sell the same stock across different days?

When you buy and sell the same stock on different days, this is considered delivery-based trading (not intraday). Your Sell P&L is calculated using:


P&L = Selling Price – Purchase Price (per unit) × Quantity


📘 Example: Let’s say you do this across 3 days:


  1. Buy 100 shares of XYZ Ltd at ₹100 on Day 1
  2. Buy 100 more shares of XYZ Ltd at ₹110 on Day 2
  3. Sell 150 shares of XYZ Ltd at ₹120 Day 3


P&L Calculation using FIFO:


  1. First 100 shares sold → matched to Day 1 buy at ₹100
  2. → ₹120 - ₹100 = ₹20 profit × 100 = ₹2,000 profit
  3. Next 50 shares sold → matched to Day 2 buy at ₹110
  4. → ₹120 - ₹110 = ₹10 profit × 50 = ₹500 profit


Total P&L = ₹2,000 + ₹500 = ₹2,500

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