The exchange (BSE STARMF) has 2 cut-off timings. One is at 2:30 and the other is at 3 pm. For equity orders above 2Lakhs, the cut-off time is 2:30 and if the amount is Rs 2Lakhs the cut-off is 3 pm. We have kept a buffer period of 1 hour to fix issues and ensure that orders are processed on the same day. We’ve faced issues on the exchange platform because of which we could not upload some orders on time before the cut-off Hence, we decided to keep the cut-off at 1:30 pm for all orders. Since almost 80-90% of all orders on average are SIPs we want to ensure there are no hiccups right before the cut-off
Ok, I didn’t understand the analogy t20 =investing?!. Like I said earlier, if you are investing for the long term, it makes 0 difference. There’s a mountain of research and studies out there to prove this. If you still want to “time” the markets, you can use the conditional orders feature on Coin.
Having said that, we’ll look into the possibilities.