Can NRI place an Intraday order?

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No. NRI is not allowed to place an Intraday order. They are only allowed to trade in Indian stock markets on a delivery basis.

Every time while transacting the shares, they have to take or give delivery of shares because even short selling is not allowed.

Note that NRI are permitted to trading in stock and currency derivatives at BSE and NSE.

Topic: NRI Trading in India - Account, Rules, Eligibility Article

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