i want to know which broker provide
most margin in delivery based stocks other than upstox?
Icicidirect provides for blue chip stocks with reasonable interest
Procedure is first u buy some stocks for delivery. Then pledge with icicidirect. U will get security based limit after hair cut.
Now go ahead and buy in margin buy client mode where 180 days will be given to settle.
Interest is calculated from t+2 day. U can square off any time
For top companies like tcs more leverage will be given
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HDFC Securities website says 4x margin, 0.05% per day interest (18%). Going to try. How much Upstox gives… 2X I guess. And others?