If I buy nifty at 7500 today, margin will be 45000… Given that profits/losses are marked to market, if nifty closes at 7550, will 50 points (3750rs) be shown as free cash from which I can trade,?
No… if you exit from your trade…than this profit will shown in your dashboard… as free cash…
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MTM gives you P/L for the trade and it is settled on daily basis. As long as when you holding position the MTM amount will not available for trading, once you squareoff your position the MTM will be available as free cash.
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Will exiting and re entering realise that profit and provide free cash? Or will it be considered as a day trade?
ypp… if you exit and than re-enter, than it will show as free cash…