Scenario 1: It may happen that due to any system failure or problem associated with connectivity, your MIS/BO/CO position does not get squared off on the same day. This can occur due to issues at Kotak Securities’, Exchange’s, or your end. In such cases, the position will be carried forward to the next trading day.
Scenario2: Your MIS / CO order may not also be squared off in case the stock hits the price circuit limit. To know more about what happens to your MIS / CO order if the stock hits the circuit limit, click here.