Hi, VPS,
I have a question.
Suppose, I have 30,000 in my trading a/c and 1 Lot Nifty Margin is 25,000. I have a NRML position with Nifty with another 5000 extra capital. Next day, Nifty faced a Gap Down of 200 pt, so that net MTM loss is (10000 - 5000) = 5000. By what time I need to transfer that MTM loss without squaring off that position?
If I am out from home during that following gap down day. Is it possible to transfer that MTM money by the evening/night? Is there any relaxation (24 hours or so) when MTM loss is less? Like here, MTM loss for that day is less than 20% of the capital.
Just multiply above case by 50. If my position is 50 lots with NRML, same rule or more strict rule?