NSE Circular on Short margin penalty refund

[nithin]

Change in margin update time

Every day, Margin get updated around 5:30 pm, which triggers a provisional margin shortfall email and results in a provisional margin shortfall. If this margin is updated before the market closes, it will give me the chance to update or square off my positions accordingly. I also observe that if, during trading hours, my margin becomes negative by even Rs 1, Zerodha will send an email with a provisional 5% penalty. Sometimes I get an email even if my margin is always positive during the trading…