The client shall be responsible for squaring off all open positions. While Zerodha may square off positions, it is under no obligation to do so. The selection and sequence of such square-offs are at Zerodha's sole discretion. Zerodha shall not be held liable for any loss or damage resulting from exercising or not exercising this right. To learn more, see
Risk Disclosure Document (RDD).
Open intraday positions are closed or auto-squared-off at or after the below-mentioned time:
| Segment | Square off time |
| CAS stocks | 3:12 PM |
| Non-CAS stocks | 3:25 PM |
| F&O contracts | 3:26 PM |
| MCX | 10 minutes before the market close. |
Zerodha's risk management team may adjust these timings based on market volatility. You can stay updated on any changes by visiting
zerodha.com/marketintel/bulletin.
Things to keep in mind
- The client is responsible for squaring off open intraday positions. Zerodha applies an auto square-off charge of ₹50 + 18% GST for each order squared off. Hence, clients must close their open intraday positions before the square-off time.
- You cannot place fresh MIS/CO orders after the auto square-off time. You also cannot convert existing CNC/NRML positions to MIS after this time.