Announcements

Traders, we’ve got good news for you! Now you can up your trades with these latest updates:

🚀490 790 Scrips Applicable For Equity Intraday Trading!

• Earlier equity intraday orders were applicable only on 490 scrips, but we’ve increased this limit to 790 scrips
• This means you can place equity intraday orders on 300 scrips more and gain up to 5X leverage on them
• See the complete list of applicable scrips here

🚀Intraday Index Options - Buy Order Now Allowed

• We have enabled Intraday product type on buying of Index Options.
• This means you can now buy intraday Call and Put options on NIFTY, BANK NIFTY and FINNIFTY
• All positions taken in this segment can be converted to delivery by 3.20 PM of the same day or else they will get auto- squared off.

🚀Gain 100% margin against LiquidBees, LiquidETF and ICICLIQ

• Now you can pledge Liquidbees, LiquidETF, ICICILIQ with Upstox to gain up to 100% leverage
• This means on pledging these stocks, you can avail 100% funds(after 10% haircut for taking fresh positions in Futures & Option (sell side only). 
• No need to maintain 50:50 cash to collateral ratio on these symbols

On account of Dr. Baba Saheb Ambedkar Jayanti, keep the following in mind:

• - Markets will be closed on Friday, 14th April
• - Trading will resume on Monday, 17th April
• - MCX will also be closed on 14th April for the morning session. The second session (5 PM - 11:30 PM) will take place as usual.
• - All fund withdrawal requests placed on 14th April, will be processed on 17th April. The credit bill amount for equity, F&O or MCX segments on 13th April will not be available for trading or withdrawal purposes until 14th April  2023

On account of Good Friday, keep the following in mind:

• - Markets will be closed on Friday, 7th April
• - Trading will resume on Monday, 10th April
• - MCX will also be closed on 7th April for both the sessions.
• - All fund withdrawal requests placed on 7th April, will be processed on 10th April. The credit bill amount for equity, F&O or MCX segments on 6th April will not be available for trading or withdrawal purposes until 7th April  2023.

As per SEBI’s latest circular, all brokers need to settle accounts of all clients on the first Friday of every quarter i.e. October 2022, January 2023, April 2023, July 2023 and so on. If the first Friday is a trading holiday, then such settlement shall happen on the previous trading day.

What does this mean?
This means, all un-utilised funds from your Upstox account will be transferred back to your registered bank account by Thursday, 6th April EOD.

How will this impact you?

• - This will have no impact on your existing orders, holdings or positions 
• - All un-utilised funds from your Upstox account will be transferred back to your registered bank account by Thursday, 6th April EOD
• - However, due to the large volume of transactions on Thursday, 6th April there might be a delay from the bank in receiving your funds. Don’t worry, in this case you will receive your funds within 2 working days

What should you do?

• - For uninterrupted trades, we recommend keeping your Upstox account funded before trading starts on Monday, 10th April 
• - You can transfer funds from your registered bank to Upstox via NetBanking, UPI, Google Pay or NEFT/RTGS/IMPS. For more detailed steps, click here: How can I transfer funds?

KEEP IN MIND: If you’re using NEFT/RTGS make sure you add Upstox as a beneficiary 24 hours in advance (by Friday, 7th April). Beneficiary details are:

For Securities:

Bank Name - HDFC Bank

Account Name - RKSV SECURITIES INDIA PVT.LTD.

Account Number - 00600340067574

Account Type - Current Account

IFSC Code - HDFC0000060

For Commodities:

Bank Name - HDFC Bank

Account Name - RKSV COMMODITIES INDIA PVT.LTD.

Account Number - 15770340022236

Account Type - Current Account

IFSC Code - HDFC0000060

We hope this helps you plan your trades better!

On account of Mahavir Jayanti, keep the following in mind:

• - Markets will be closed on Tuesday, 4th April 
• - Trading will resume on Wednesday, 5th April
• - MCX will also be closed on 4th April for the morning session. The second session (5 PM - 11:30 PM) will take place as usual.
• - All fund withdrawal requests placed on 4th April, will be processed on 5th April. The credit bill amount for equity, F&O or MCX segments on 3rd April will not be available for trading or withdrawal purposes until 4th April 2023