Comment on NRI trading on Indian Stock Exchanges

Hi Nitin,

I am an NRI who is keen to on doing Intra day trading in F&O. As I understand the process of opening trading account for an NRI to do intra day seems extremely difficult.
The other option as I read above is to open a joint account with an Indian resident/relative and do intra day based on the normal resident account.

Is this possible , who can advise me on the legalities of this ?
Secondly, can the funds in the account be repatriated back abroad.

thanks
RB

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