Comment on Commonly Used Jargons

David commented on 10 Jun 2016, 06:54 PM

Hi Karthik, I am first time user at Zerodha and have 2 questions
1) If I have 1 lakh in my Demat account, what is margin provided by Zerodha for the intraday trades, is it like I can buy shares worth more than 1 lakh in my account even though I have already purchased shares worth 1 lakh.
2) All intraday trades for a equity should be closed on the same day or would I get to carry over to next day and how long can I carry over. Do we have extra charges for carrying them over as I have used the margin provided by Zerodha.

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