Zerodha Bids – Participating in the auction market.

Zerodha Bids – Participating in the auction market.

Recently, Zerodha started this auction market feature where you can sell your stocks at a premium of 20% in the auction market. You can see many influencers(idiots) making videos about this and bragging about making profits and selling their stocks for more than market price (here is an example video: [https://www.youtube.com/shorts/Ou7j69rfcEw?feature=share](https://www.youtube.com/shorts/Ou7j69rfcEw?feature=share)).
In my experience, you will never be able to sell the stock at a 20% premium. At best if you are able to make a 1% or 2% profit is a big deal. People are fighting to sell it over a rupee more than the current market price and I’ve also seen people quoting less than the market price.

1. Have you guys also noticed something similar?
2. Did any of you try this and make some decent profit?
3. How is this possible and why would a person sell their stock for less than the current market price?


View on r/IndianStreetBets by cereborg


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