‘Within the same day’ is what intraday entails.
Intraday dealing occurs where a trader buys and sells a stock on the same trading day.
The Indian stock exchanges are open from 9.15 a.m. to 3.30 p.m.
As a result, all intraday trade occurs during this time span.
Stocks are exchanged for gains rather than as a long-term investment.
Traders are individuals who engage in intraday trading.