What is the intraday margin/leverage for equity MIS positions on Sahi?

For equity intraday positions (Intraday or MIS — Margin Intraday Square-off), Sahi provides margin as per the exchange-defined VaR (Value at Risk) + ELM (Extreme Loss Margin) framework.

The effective leverage for any specific stock depends on the stock's VaR margin, which varies by stock and changes based on volatility. Higher-volatility stocks have a higher VaR margin (lower effective leverage); lower-volatility, liquid stocks have a lower VaR margin (higher effective leverage).

How to find the intraday margin for a specific stock:

• Open the order panel for the stock you want to trade.

• Select Intraday as the product type and enter your desired quantity.

• The required margin is displayed before you confirm the order.

• Alternatively, use Sahi's margin requirement details to add adequate funds.
  
  

Important: All open MIS positions that are not manually closed are automatically squared off by Sahi starting at 3:20 PM, regardless of the position's P&L. A charge of ₹50 + taxes applies per auto square-off order.