Thursday, December 16, 2021 9:17 am
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)
- **Intraday leverage on stocks not falling under the above mentioned category, will be as follows:**
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5X if exchange margin
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3X if exchange margin > 20% and
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2X if exchange Margin > 30% and
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1X if exchange Margin > 50% (i.e. 100% funds required in your a/c)
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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
