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मार्जिन कैलकुलेटर

स्टॉक ट्रेड के लिए आवश्यक मार्जिन का अनुमान — equity intraday, delivery, futures और options। सेगमेंट के अनुसार विशिष्ट लीवरेज।

Most brokers offer ~5x leverage on liquid stocks for intraday squareoff.

~5x typical

Estimates only. Actual margin requirements vary by broker, stock liquidity, exchange-set SPAN/Exposure for derivatives, and SEBI peak-margin rules. Always confirm with your broker before placing the order.

What is a margin calculator?

A margin calculator estimates the upfront capital you need to take a position in a given segment — equity intraday (MIS), equity delivery (CNC), futures, or option buying. It also shows the implied leverage so you can see how much exposure your margin gives you.

Understanding leverage by segment

CNC delivery: 1x (full payment). MIS intraday: ~5x post-SEBI peak margin rules. Stock futures: ~6–8x (12–18% margin). Index futures: ~8–12x (8–12% margin). Option buying: not leveraged in the traditional sense — your downside is capped at the premium paid, but probability-weighted return is often poor.

Risk-managing margin trades

Higher leverage means small price moves generate large P&L swings. Rule of thumb: never deploy more than 5% of capital into any single intraday position even with leverage; never write naked options without a defined-risk hedge. Most retail traders blow up on margin precisely because the leverage masks the position size.

अक्सर पूछे जाने वाले प्रश्न

What is margin in stock trading?
Margin is the upfront amount you must deposit with your broker to take a trade. For delivery (CNC) trades you need 100% margin (full payment). For intraday (MIS), brokers give leverage (typically 5x — meaning 20% margin). For futures, exchange-mandated SPAN + Exposure margin (usually 12–20% of contract value).
What does the SEBI peak margin rule mean?
Since September 2021, SEBI requires brokers to collect the full applicable margin upfront — peak intraday leverage was reduced from 20–30x to ~5x for equity intraday, and exchange-mandated levels for derivatives. This was a major change and reduced retail intraday leverage significantly.
Why is the option margin different?
Buying options requires only the premium (your maximum loss). Selling/writing options requires SPAN + Exposure margin like futures (often 1–3 lakh per lot for index options) because the seller has potentially unlimited loss exposure. This calculator covers option buying only.
How is futures margin calculated?
Two components: SPAN margin (Standard Portfolio Analysis of Risk — risk-based, varies by stock volatility) + Exposure margin (additional buffer, usually 3–5% of contract value). Combined, total margin is typically 12–20% of the notional contract value. Check your broker's exact requirement before placing the order.
Are these margin estimates accurate?
These are typical numbers — actual margin varies by broker, stock liquidity, your account category (PRO vs retail), and live exchange-set values. Always check your broker's margin calculator for the exact pre-trade margin before placing the order. Use these estimates only for sizing decisions.

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