31 Jan 2019, 12:51 PM

BO/CO blocked on 1st February, 2019

In anticipation of the increased volatility in the markets owing to the Union Budget tomorrow, February 1 2019, the following precautionary measures will be in effect.

  1. BO & CO orders will remain blocked.
  2. MIS margins required for F&O positions will be increased.
  3. MIS leverage for Equity cash segment will be reduced by half (for every stock).

Note: Margins/leverage are subject to change based on the discretion of the RMS team. We will start allowing BO/CO and reduce margin requirements once volatility subsides.