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Yes, DP (Depository Participant) charges are applied on BTST (Buy Today, Sell Tomorrow) trades because selling shares, even if they are not yet settled in your demat account, triggers a debit from your demat account, which incurs the charge. This debit happens because the shares are moved out of your account to the buyer's account before the T+1 day settlement, making it a sell transaction that requires a DP charge

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