Short answer
This nudge appears because of a regulatory change that became effective on 7th October 2024. This change allows you to use 100% of the proceeds from selling your holdings for other trades on the same day, instead of the previous 80% limit.
What changed
Before: When you sold shares worth ₹1,00,000, only ₹80,000 was available on the same day for further trades. You had to wait until the next day to access the remaining ₹20,000.
After: When you sell shares worth ₹1,00,000, you can now use the entire ₹1,00,000 for further trades on the same day.
Regulatory changes comparison
If you have an NRI Non-PIS account, you can use only 75% of the sale proceeds for trading or investing on the selling day. You will receive the remaining 25% on the next trading day.
Related
- Browse more in mtf and margins
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