EQUITY margin utilisation for Xxxxx has reached 119.86% of available balance
Can this cause peak margin Penalty ?
Suppose u have 50 k cash + 50 k Pledge margin
And you are short of 20000/- Minus balance since position get in MTM loss in intraday equity
If Peanlty how much that would be 1% of 20000 = 200 ra + gst ?
Or there is no penalty since it will adjust at 3.20 via our cash balance