Short answer

Open intraday positions are closed or auto-squared-off at or after the below-mentioned time:

iRage’s risk management team may adjust these timings based on market volatility. You can stay updated on any changes by visiting

Things to keep in mind

The client is responsible for squaring off open intraday positions. iRage applies an auto square-off charge of ₹50 + 18% GST for each order squared off. Hence, clients must close their open intraday positions before the square-off time.

You cannot place fresh MIS/CO orders after the auto square-off time. You also cannot convert existing CNC/NRML positions to MIS after this time.