Chittorgarh.com Logo
Loading...

Can NRI do day trading?

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Day trading is the same as intraday trading and an NRI is not permitted to do day trading.

An NRI can invest and trade only on a delivery basis i.e. an NRI is required to take the delivery of stock on T+2, T being the trading day. Only once the stock is credited to the Demat account, an NRI can place the sell order. An NRI cannot do short selling.


Comments

Add a public comment...