Banned products for NRIs/PIOs/OCI
In the Cash segment, any kind of margin product is not allowed for NRIs or PIOs or OCIs to invest in.
Intraday trading is not allowed for NRIs. NRIs can trade only in delivery-based transactions BTST ( Buy Today Sell Tomorrow) is not allowed to NRIs.
NRIs will not be allowed to invest only up to 5% of the paid-up capital of the company. NRIs are not allowed to purchase certain scrips under this regulation. A detailed report about this regulation is available on the RBI website here. http://www.rbi.org.in/scripts/BS_FiiUSer.aspx
Commodity trading is not allowed to NRI customers.
Currency trading is also not allowed to NRI customers.
Any product that requires leverage in the cash segment is not allowed for NRIs.