Your Kite balance will not include intraday profits if the exchange has not settled them. Settlement of funds happens on the next trading day (T+1) for all equity and F&O trades due to SEBI's upfront margin requirements.
Example scenario
- You buy shares worth ₹2,00,000 on Monday
- You sell these shares on the same day for ₹2,25,000 with a profit of ₹25,000 (ignoring charges)
- ₹2,00,000 becomes available immediately for other transactions
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The profit of ₹25,000 becomes available only on Tuesday for withdrawal or trading based on the T+1 settlement cycle
If there is a settlement holiday, it will take an additional day for the settlement process.