Can NRIs buy and sell the stock the same day?

Zerodha (Flat Rs 20 Per Trade)

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No, NRIs are not permitted by SEBI to do intra-day trading in the Indian Stock Market. NRI cannot buy and sell the stocks the same day at BSE and NSE as Equity Intra-day segment is not enabled in the NRI trading account.

NRIs can invest in the stock market using Equity Delivery-based Trading, Equity F&O, and Currency F&O.

NRIs are also not permitted to trade in Commodities at MCX.

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

2 Comments

2. Ravi Shankar Kolayhur

| Link|November 17, 2021 3:15:13 PMReply

When a scrip is on Trade-To-Trade mode, why should the NRI be prevented from selling the stock from demand a/c and delivering, and buy the same qty, pay for it and take delivery? All his transactions are in delivery mode. Example: CGPower.

1. Chandani Saruparia

| Link|February 26, 2021 9:09:52 AMReply

whether NRI client is allowed to trade in SLBM (Securities Lending and Borrowing Market) segment.

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