What happens if you don’t exit your position?

If you don’t exit your position before the market closes, what happens next depends on the type of trade you’ve placed.

Here’s how it works:

For intraday trades (MIS):
If you don’t square off your intraday position by 3:20 PM, it will be auto squared off by the system. A charge of ₹50 + GST per position may apply. To avoid this, it's best to close your trades on time.For F&O positions:
If you don’t exit your Futures or Options position, it will be settled by the exchange at expiry. This can lead to either a profit or a loss.
If your option is “in the money,” physical settlement may apply, which means you’ll need to maintain sufficient funds or stock in your account.