Investing Intraday Profits T+1

Intraday profits from yesterday on Kite

From WebNotes, a public knowledge base. Last updated 20 May 2026. Reading time ~3 min.

Intraday profits from a previous day’s MIS trades on Kite become available for next-day trading after the T+1 settlement completes. A common question: why can’t I use yesterday’s intraday profits for today’s first trade? The answer is the same T+1 settlement cycle that applies to all equity trades.

The cycle

For an intraday MIS round-trip closed on day T:

Time	Event	Cash availability
T 09:30	Buy MIS	Margin used
T 14:00	Sell MIS (close)	Realised P&L on Positions
T 15:30	Market close	All MIS positions cleared
T evening	Trade clearing batch	NSE / BSE settles
T+1 morning	Bhav copy and settlement	Intraday P&L reflects in funds account
T+1 morning	First trade of T+1	Yesterday’s intraday profits usable

The intraday round-trip is the same as any other equity trade settlement: T+1 cycle.

Why T+1 also applies to intraday

Even though both legs (buy and sell) happened on the same day, the trade clearing happens overnight at the clearing corporation. NSE Clearing nets out the buy and sell, computes the net cash position, and settles the result on T+1.

For MIS trades:

Buy and sell net to zero quantity.
Cash settlement = (Sell value - Buy value) - charges.
Settlement happens T+1 morning.

This is not a Kite policy; it is the SEBI / NSE Clearing settlement framework.

What you can use on T-day

During day T, you can use:

Existing free cash (from previous days).
Margin pledged collateral.

Not using:

The Rs X you profited today: it is in the clearing corporation’s pipeline.

Implications for active traders

If your strategy is to compound intraday profits day-over-day, you cannot redeploy day T’s profits on day T. You must:

Either keep enough seed capital for day T+1 (without relying on day T’s profits).
Or wait until day T+1 morning to use the profits.

For very active traders, this is the standard operating cycle; build a buffer.

What about F&O intraday MTM?

For F&O daily MTM:

Profit accrued during day T is credited to cash at end of T.
Loss is debited.

The credit / debit reflects in your cash balance on T evening (typically by 18:00-19:00 IST). For an NRML overnight F&O position, you carry forward the day T-end MTM into T+1.

This is faster than equity MIS settlement (which is T+1 morning). F&O MTM is daily; equity MIS is T+1 batch.

Loss on intraday: also reflects T+1

If your intraday round-trip is a loss, the debit also settles T+1. On T-day, your cash balance shows the gross figure pre-settlement; on T+1, it reflects the actual loss settled.

Verifying

Track via:

Console > Reports > Tradebook for the trade record.
Console > Reports > Trade P&L for the net P&L.
Funds page on Kite (T+1 morning) for the actual cash credit / debit.

The figures should reconcile after T+1 morning. If they don’t, file a support ticket with the trade reference.

SEBI peak margin reporting

SEBI’s peak margin framework requires the broker to verify that the peak margin used during the day was within limits. The reporting is on T+1. Any margin shortfall during T reflects on T+1 with penalty interest.

External references

References

SEBI, Peak margin framework, circular dated 25 February 2020 and subsequent.
SEBI, T+1 settlement implementation, sebi.gov.in.
NSE Clearing, Settlement and clearing operations, nseclearing.com.
Zerodha Support, Intraday profits and T+1 availability, support.zerodha.com.

Reviewed and published by

WebNotes Editorial Team

The WebNotes Editorial Team covers Indian capital markets, payments infrastructure and retail investor procedures. Every article is fact-checked against primary sources, principally SEBI circulars and master directions, NPCI specifications and the official support documentation published by the intermediary in question. Drafts go through a second-pair-of-eyes review and a separate compliance read before publication, and revisions are tracked against the SEBI and NPCI rule changes referenced in the methodology section.

Last reviewed: 20 May 2026
Conflicts of interest: WebNotes is independent. No relationship with any broker, registrar or bank named in this article.