For holding Over night you require : 104000 - Very high margin in my view.
Most brokers are charging approx 48K - 50K as margin for overnight holding.
.. any specific reason why such a high margin is required for Finvasia ...
Hi Raj232, For clarity, please see below
For Selling of one lot Nifty we require:
Over night : 56000, Intra day : 28000
For Selling One lot Nifty 9400 CE May we require:
Over night : 48000, Intra day : 24000
INR 104000 was in reference to holding both positions (One lot Nifty Fut and One lot Nifty 9400 CE)
Thanks