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27 Feb 2016, 12:00 AM
Margins for Budget Day - Monday, Feb 29, 2016
In view of the Union Budget 2016-2017, we believe that the session on Monday, February 29, 2016 will be very active and may have extreme volatility when specific details of the budget is announced by the Finance Minister.
As a risk management measure
*Trading for intraday using MIS in equity, equity F&O, currency, & commodities will require you to have full margins.
*Bracket and Cover Orders used for intraday trading will not be available.
All the intraday products and leverages on Feb 29th will be restored once all the budget details are out, volatility subsides, and at the discretion of our risk management team.