General

When will the profits from Intraday trading be added to my current limits?

As per the regulatory guidelines, effective from Friday 23rd Aug 2024, any profit earned from trades in Intraday, Bracket and Pay Later (MTF)) will be available for use in your current limits only after the closure of market hours. The said limits can be used for trading on the next trading day (T+1 day) or for placing overnight orders.

For example, If you conducted trades on August 26th, 2024 where you bought stocks worth 50,000 in Intraday and sold them at 60,000. This means that you have generated a profit of ₹ 10,000 on the trades. Under the revised guidelines, ₹ 10,000 profit will be added in the limits in your trading account after-market hours on 26th August, 2024 and same can be used for trading only on August 27th , 2024 (T+1 day).