My sell order was rejected with the reason "Intraday/BTST is not allowed in scrip". Why?

Intraday / BTST orders are not allowed in the below cases:

The scrip falls in the T2T category

The scrips in Trade for Trade segment (T2T) are made available for trading under BE series. The settlement of scrips available in this segment is done on a trade for trade basis and no netting off is allowed. Therefore, a security under T2T segment can only be traded in delivery mode, and no intraday / BTST trades are allowed.

MIS orders are not allowed on certain stocks

Our risk has certain pre-defined parameters based on which, there are certain stocks on which MIS orders are not allowed. Click here to get the list of stocks on which MIS orders are permitted.