How to Sell Stocks in 5paisa?

Selling stocks on 5paisa is very simple. The app is designed for beginners and offers a low-cost, smooth experience. If you've bought stocks and want to book a profit or avoid losses, this guide will help you sell them without confusion. But before that, make sure your bank account is linked and verified in 5paisa. That’s where your money goes after you sell. Here we will learn how to sell stock in 5paisa.

Steps to Sell Stocks in 5paisa

Here are the steps to sell stocks in 5paisa:

Open the 5paisa app.

Tap on the stock option.

Now you can see your holding stock, tap on that, choose the quantity, and tap on the sell button.

Tap on the place to sell an order.

How to Close a Stock Position in 5paisa?

Closing a position means you're selling the stock you earlier bought. Here’s how to do it:

Go to the Positions tab in the 5paisa app.
Tap on the stock you want to sell (e.g., Tata Motors).
Tap the Sell button.
Choose quantity, order type (Market or Limit), and place your order.

When to Sell Stocks?

There’s no fixed rule, but most people sell stocks for these common reasons:

Book Profit: You bought a stock at ₹1,000, and now it's ₹1,300. Sell and enjoy the gains!
Prevent Loss: The Stock price is dropping, and you don’t want bigger losses. Sell early to save your money.
Need Money: For urgent expenses like medical bills, fees, or something else. Selling your stock gives you quick funds.

Note: Always check the market and news before selling. Don’t rush unless it’s urgent.

Common Mistakes to Avoid

New traders often make these simple but costly mistakes. Avoid them:

Panic Selling: Selling quickly when the price drops, without thinking. Stay calm and check the market trend.
Using Market Order in Volatile Hours: Prices move fast. You might sell too low. Use Limit Orders instead.
Not Checking Order Type: Forgetting to choose the correct order type (Market, Limit, Stop Loss) can ruin your trade.
Missing the 3:15 PM Cutoff for Intraday: If you don’t sell your Intraday stock before 3:15 PM, the system sells it automatically, not always at the best price.
Ignoring Fees and Charges: Always check the cost of selling. Don’t get surprised when your profit looks smaller due to brokerage and taxes.

Also Check: How to Buy Shares in 5paisa?

Conclusion

In conclusion, selling stocks on 5paisa is very simple. If you’ve bought the stock and your bank account is linked, all you need to do is follow the steps above. No confusion, no chaos. Just make sure you check the market before selling and use the right order type to avoid mistakes.

About the Author

Saniya

I'm a finance content writer with a BBA in FinTech, passionate about simplifying money matters for everyday Indians. I break down complex topics like investments, savings, and digital finance into easy, relatable content. My goal is to help you in a way that’s easy to understand, jargon-free, and actually useful in real life.

View All Articles by Saniya