i just wanna warn you about religare guys, they are very poor for intraday trading, i've rs15000 advance brok account with them , and i am really disappointed with their offering, here are the drawbacks
1: u can get good limit on very few stocks, these guys claim that they give limit of 20times but trust me they are liars, for trading stocks they dont give even 4 times. eg: ivrcl infra, indiabulls real estate, reliance cap.
2" intraday square off time is two bad, its 3.05, it sucks completely .
its ok for delivery traders.
you can go for angel coz their intraday squareoff time is till 3.30, and u can also get a good deal for intraday transaction with any advance brokerage, i got .015 for intraday which is good.