For selling 1 lot of options with cover order requires 52k for nifty and around 42k for bank nifty whereas for regular intraday required margin is 48k for Nifty and 38k for Bank Nifty. Why is the margin required for cover order more than MIS?
Where am I?
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Hey Rakesh,
All the clients get similar margins and we have already rectified the error. You can check out the latest margins applicable in our Margin calculator. The link is as below:
https://fyers.in/margin-calculator/equity-futures/
Sorry for the delayed reply!