When placing orders through Navia, you can choose from three product types based on your trading needs:

1. Cash and Carry (CNC)

• Used for delivery-based equity trading.

• You can hold stocks overnight for as long as you wish.

• No leverage is provided, and positions are not auto-squared off.

• Short selling is not allowed in CNC.

• You can sell shares already available in your holdings.

2. Margin Intraday Square Off (MIS)

• Designed for intraday trading in Equity, Equity F&O, Commodity futures, and Currency futures.

• Offers intraday leverage.

• All open MIS positions are automatically squared off if not closed before the set auto-square off time.

3. Normal (NRML)

• Used for overnight trading of Futures & Options.

• Lets you carry positions until expiry in the derivatives market.

• No intraday leverage is provided.

• Also used for delivery-based trading of Commodity Trading