My sell order was rejected with the reason "Intraday/BTST is not allowed in scrip". Why?
Rejection reason: "Intraday/BTST is not allowed in scrip. You will be able to sell after the stock is delivered to your account."
Intraday and BTST (Buy Today Sell Tomorrow) orders are blocked if the instrument is illiquid and it may be short-delivered. To learn more about short delivery, see What is short delivery and what are its consequences?