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Can an MIS position be squared off as a Normal order?

No, an MIS position cannot be squared off by placing a Normal order. This will result in creation of a fresh position.

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Still have questions?

Why am I unable to repurchase the same stock in NRML/MTF if I have sold it in CNC on the same day?

I have a position in MTF. If I sell it today, can I buy it again on the same day?

What happens to my MTF position in case of Bonus Corporate action in the stock?

How to unpledge shares on Kotak Neo?

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