Well, that depends on which product your trading. Please refer to the below scenarios to understand the requirements to convert an intraday position to Deliver or Carry Forward a contract
- Equity Cash:
- Buy: Need to maintain 100% of the Purchase Amount
- Short: Need to have stock in the Demat account - Cannot short a share otherwise for delivery.
- Equity, Currency & Commodity Futures: Need to maintain Exchange Specified Margin
- Equity, Currency & Commodity Options:
- Buy: already paid the Total premium (Total Premium = Premium * Lot size) while buying so no need to maintain any amount.
- Sell: Need to maintain Exchange Specified Margin.
Please Note*
- Equity Cash positions can be converted to CNC within 3.15 pm provided adequate margins are available in the ledger.
- Equity FNO & Index FNO(MIS positions) can be converted to NRML within 3:15 pm provided adequate margins are available in the ledger.
- Currency FNO (MIS positions) can be converted to NRML within 4:45 pm provided adequate margins are available in the ledger.
- Commodity FNO(MIS positions) can be converted to NRML within 11:15 pm provided adequate margins are available in the ledger.