Do you need to square of your trades before 2.45PM to avoid delivery STT?

keshav
I have heard that you need square of your intraday day trades before 2.45 PM to avoid Delivery STT, is this true?
  • sujith
    Hi @keshav,
    You need square off positions before the market closes to avoid delivery STT.
    I would suggest you take MIS positions to be safe. RMS will square off all MIS positions at 3:20 PM.
  • keshav
    Ok great. I really appreciate your prompt response.
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