Why intra-day trading is not available for NRI in India?

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Intra-day trading leads to speculation thereby creating volatility in the markets and increasing risk for the investors. Hence as per the RBI guidelines, NRIs are not allowed to do intraday trading in India. However, NRIs can do the Intraday Trading in the F&O segment restricting to square off their positions and not for speculative purposes.

Topic: NRI Trading Account Charges, Questions, Guide - India Stock Market

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