Can NRI do day trading in India?

No, NRIs are prohibited from intraday (day trading) in India.

NRIs must follow RBI & SEBI regulations, which require them to deliver shares in the cash segment. Since intraday trading involves buying and selling on the same day without delivery, NRIs are not permitted.

What NRIs Can Do Instead?

• Delivery-Based Trading – NRIs can buy shares and hold them in their Demat account for at least one day before selling.
• F&O Trading (via NRO Account) – NRIs can trade in Futures & Options (F&O), but only through an NRO account with a CP Code (Custodial Participant Code).
• Long-Term Investments – NRIs can invest in stocks, mutual funds, IPOs, and bonds.

What NRIs Cannot Trade?

• Intraday Trading – Buying and selling on the same day is not allowed.
• Short Selling – NRIs must have shares in their Demat before selling.
• Commodities & Currency Derivatives – Not permitted for NRIs.