In intraday trading, can I trade with more funds than there are in my account?

Yes, in intraday trading, you can take advantage of leverage, allowing you to trade with up to 5 (five) times the funds in your account. This enables you to purchase stocks worth more than your current funds or sell stocks even if you don’t hold them in your demat account. Leverage amplifies both potential gains and risks; while it can help increase profits, it also means that losses could be higher than your initial investment if the trade goes against you. It’s essential to manage this added risk carefully to avoid significant losses.