21 Jun 2024, 07:30 AM

Latest Intraday leverages and Square-off timings

Intraday (MIS) leverages for the day are as mentioned below:

Segment Leverage /Margins
Equity 5X (20% of the trade value based on the volatility of the stock(VaR+ELM+Adhoc margins of the exchange))
Index F&O 1X (100% of NRML margins(SPAN + Exposure))
Stock F&O 1X (100% of NRML margins(SPAN + Exposure))
Currency Futures 1X (100% of NRML margins(SPAN + Exposure))
Commodity Futures 1X (100% of NRML margins(SPAN + Exposure))

You can check the NRML and MIS margins required on our margin calculator.

Open intraday positions are auto-squared-off by our system at/after the below-mentioned time for each segment:

Segments Auto square off time
Equity/Cash 3:20 PM
Equity/Index Derivatives 3:25 PM
Currency Derivatives 4:45 PM
Commodities 25 minutes before Close

Note:

  • Cover orders (CO) are only allowed for NSE equity orders. Learn more.
  • Based on market volatility, leverage on intraday products(MIS/CO) can be reduced/removed during the day at the discretion of our risk management team.
  • Based on market volatility, intraday square-off timings can change at the discretion of our risk management team. The same will be updated above.
  • To learn more about why lower leverages, and no cover orders (CO), during higher volatility periods, check out this post on Z-connect.