For intraday equity trading. Is demat account neccessary?

No, only trading account with your broker is sufficient


Yes, a demat account is mandatory for equity intraday trading. In case you buy a stock for intraday and the stock hits and stays at lower circuit for the rest of the trading day, then you will have to take delivery of the stock. This is because there will be no buyers available when the stock hits lower circuit. Hence, you will not be able to see your open intraday buy position.

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