What are the market timings?

Equity:

 9 am to 9.15 am – Pre-market
 9.15 am to 3.30 pm – Normal trading
 3.40 pm to 4.00 pm – Post-market

Note: All new IPOs are listed on the exchange at 10:00 am. The pre-open session is
from 9:00 am to 10:00 am.

Currency:

 9 am to 5 pm – Normal trading
 9 am to 7:30 pm - Cross currency

Commodity:

 Internationally Referenceable Non-Agri Commodities - 9 am to 11.30 pm –

during daylight savings time - March to November (9 am to 11.55 pm –
November to March)
 Internationally Referenceable Agri Commodities ( Cotton, CPO &
RBDPMOLEIN) - 09.00 AM to 09.00 PM (9.00 AM to 9.30 PM – November to
March)
 All Other Agri Commodities - 09.00 AM to 05.00 PM
TYPES OF ORDERS

What does CNC, MIS and NRML mean?

These are product codes you need to use every time you place an order through Kite
or Pi.

Margin Intraday Square Off (MIS) is used for trading Intraday Equity, Intraday F&O,
and Intraday Commodity Trading. Using the MIS product code you will get an
intraday leverage between 3 to 10 times based on what stock you are trading. For
F&O, the margins required will be 35% and 45% of the total margin required (SPAN
+ Exposure), for index & stock contracts respectively. No margins will be provided for
buying Options. All the positions under the EQ MIS and F&O MIS product code will
get automatically squared off at 3:20 pm and at 3:25 pm respectively (which is
subject to change as per our RMS policy). If you use the MIS product code for
Commodity, you will get extra leverage and you will need only 50% of overnight
exchange stipulated margin (SPAN + exposure) by using this product type.

Cash and Carry (CNC) is used for delivery based trading of equity. Using CNC
product code you will not get any leverage nor will your position be auto squared off.
You will not be able to sell using the product code CNC without holding the particular
stock in your DEMAT account.

Note: CNC is just a product code. If you use CNC to buy and sell a share on the
same day, it will still be considered as an intraday trade.

Normal (NRML) is used for overnight trading of futures and options. If the client
does not want any excess leverage, he can use the product type NRML, and he
would not have to worry about auto square-offs. NRML product code is also used for
Delivery based trading of Currency.