What is the difference between Unrealized and Realized P&L?

 Unrealized P&L (also known as paper profit/loss) is the profit or loss on open positions that you have not yet sold or squared off. These are not booked and are based on current market prices.

• 📌 Example: You bought a stock at ₹100, and it’s currently trading at ₹120. You have an unrealized profit of ₹20 per share until you sell it.

 Realized P&L is the profit or loss that is actually booked when you sell a stock or square off a trade. This is the amount that will reflect in your ledger and bank balance after settlement.

• 📌 Example: You bought a stock at ₹100 and sold it at ₹120. You now have a realized profit of ₹20 per share.