Is it possible to convert holdings into MIS…
No this is not possible. Why do you intend to do this?
For getting intraday liverage
Well, the efficient way of doing this is to pledge your stocks and use the released amount for margin trades. If you don’t wish to pledge then you can sell your holdings, use the released amount for margin trades and buy you holdings back before market closes after you’ve completed your trades.
MIS margin is blocked from the free cash/collateral margin in your account. You can convert CNC trades to MIS but you cannot convert a Holding to MIS. The holdings sit in your Demat account after the trades have been completed.
That looks nice…thank you so much