If you have not squared off your Intraday/ BO/ CO positions in any segment, auto square-off charges of ₹59 (₹50 + 18% GST) will be deducted from your account.
To avoid auto square-off charges, you need to square-off your positions before the following timings.
**Commodities normal session = 9.00 AM to 11.30 PM
(Up to 11:55 P.M. on account of US daylight savings typically between every November and March of the following year)
Note: We will not accept any intraday buy/sell orders after 3.12 PM. Hence, we recommend closing all your existing open intraday positions before 3.12 PM to avoid them from getting rejected.
Should this not be done by the customer before the cut-off time, Upstox will square off this leverage position, treating it as a Call and Trade order levying the auto square-off charges on you.
Under exceptional circumstances or due to high market volatility, intraday square off timings may change as per our risk management team’s observation and you will be notified in advance about this. You can also check our Upstox announcement page for this.