Update on Intraday Leverages applicable from today
All stocks under the F&O segment and also stocks from the ‘EQ’ series of NIFTY500 are applicable for availing intraday leverage. Starting from today, 16th Dec’21 this intraday leverage for these stocks will be:
-
- 1X for stocks with circuit limits less than 20%. (i.e. 100% funds required in your a/c)
- 1X for stocks with circuit limits less than 20%. (i.e. 100% funds required in your a/c)
- Intraday leverage on stocks not falling under the above mentioned category, will be as follows:
- 5X if exchange margin <= 20% (i.e. 20% funds required in your a/c)
- 3X if exchange margin > 20% and <= 30% (i.e. 33% funds required in your a/c)
- 2X if exchange Margin > 30% and <= 50% (i.e. 50% funds required to be in your a/c)
- 1X if exchange Margin > 50% (i.e. 100% funds required in your a/c)
Note: Exchange Margin = VaR Margin + ELM Margin + Adhoc Margin
Some examples of stocks as per the above conditions will be
- IRB has a circuit limit of 5%, thus applicable leverage will be 1x only as per condition 1.
- RELIANCE has exchange margins of 15.75% and thus applicable leverage will be 5x as per condition 2. A.
- IDBI has exchange margins of 25% and thus applicable leverage will be 3x as per condition 2. B.
- ZEEL has exchange margins of 45% and SWSOLAR has exchange margins of 35%. Hence the applicable leverage for these will be 2x as per condition 2. C
- TATAELXSI is security having a circuit limit of 20%, but Exchange Margin is 100%, thus applicable leverage will be 1x as per condition