No, NRIs investors are not allowed to do intraday trading or commodity trading in India.
Intraday Trading
- It is considered speculative and involves buying and selling stocks within a single trading day.
- NRIs can’t trade in intraday because of the risk of market volatility and increased investor risk.
Commodity Trading
- NRIs can’t trade in commodity derivatives in the Futures & Options segment.
- Intraday trading in commodities is only available on MCX (Multi Commodity Exchange) and NCDEX (National Commodity Exchange) for selected commodities.
Having said that, NRIs can trade in:
- Equity shares
- Mutual Funds
- Exchange-traded Funds (ETFs)
- Bonds
- Equity derivates
- Initial Public Offerings (IPOs)
To learn how to open an account with Share India, visit: