In margin trading, can we extend the transaction to next day by paying interest or is it for that day only ?

Question

i heard that we can extend the transaction for a set period by paying suitable interest. Please help me with this and inform me whether it is possible with our NSE and BSE ...

Answer 1

You can extend the trade as long as you want to.  As long as you have available margin to cover it, you are OK.  

But...Never push it to the limit.  If your stocks suddenly drop, you will get a margin call.  So leave yourself a cushion.