Sharekhan - Zero Account Opening Fee. Registered Office: Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Off.
JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai – 400 042, Maharashtra. Sharekhan Demat Trading account information - Trading for Indian investors. Haircut - The percentage by which the market value of your shares is reduced for the purpose of calculating capital requirement, margin and collateral levels by your broker. e.g.
If the market value of your shares is 5000 Rs and the haircut is 50% then you have a margin of 2500 Rs available for trading which can be used to buy more shares. DP Balance - Stocks which are delivered to your Demat account. Sharekhan cannot sell them without your permission. Receivable Balance - Shares which are going to come to your Demat account after T+2 days. This may be used for BTST ( Buy Today Sell Tommorow).
DP Margin Balance - DP margin balance is the percentage value of shares against which you get a margin ( Read Haircut ). Net Available Balance - Shares which belong to you and you can hold them as long as you want or you can sell those shares. SK Locked - If you place a Sell order for 5 Infosys shares, 5 shares from your Net Available Balance show up here. TopShareBrokers India 2017. Intra-day Trades : 0.1% on the buy side and 0.1% on the sell side.
This is subject to a minimum brokerage of 5 paise per share. This means that if the share price you trade in is Rs 50/- or less, a minimum brokerage of 5 paise per share will be charged. For Delivery Based Trades: 0.5% on the buy side and 0.5% on the sell side. This is subject to a minimum brokerage of 10 Paisa per share. Minimum brokerage of 10 Paisa per share will be applicable when the share price is Rs 20/- or less. Equity Future: 0.10% on the first leg, 0.02% on the second leg if squared off on the same day and 0.10% if squared off on any other day.
How to open Demat account in Sharekhan. Like IndianIncome on FB Join 1200+ fans of IndianIncome, who are getting updates on Facebook.
A financial blog of every Indian Demat account is required to hold share that you buy online. Its a kind of depository where you keep your share. Demat account is a place where you keep your share, kind of repository like you have cupboard in your home and in locker you keep important thing same way share is important thing and we keep it in electronic form in Demat account. On the other hand, trading account is the only medium through which you will be able to sell the shares from stock exchange that you are holding in a Demat account . The trading account is the intermediary between your Bank account and your Demat account when buying and selling shares in the share market and is handled by the Depository Participant or the stockbroker that you have chosen. You need both demat and trading accounts to trade in the market.
Last updated on 30 Mar 2016 Comment Section 1 )Account opening fee. Sharekhan Brokerage Charges. Sharekhan Brokerage Charges. Sharekhan Securities is India’s leading online retail broking house.
Launched on February 8, 2000 as an online trading portal, Sharekhan Securities has today a pan-India presence with over 1,529 outlets serving 950,000 customers across 450 cities. It also has international presence through its branches in the UAE & Oman. Sharekhan Se curities offers services like portfolio management, trade execution in Equities, Futures & Options, Commodities, & distribution of Mutual Funds, Insurance & Structured Products. They are member of the Bombay Stock Exchange, the National Stock Exchange & the country’s two leading commodity exchanges, the NCDEX & MCX. www.sharekhan.com. Sharekhan Brokerage & Sharekhan Demat Account Reviews 2017.
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities).
Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has international presence in the UAE and Oman. Sharekhan offers its services to all kinds of customers including individual investors and traders, corporate, institutional and NRI's.
As of Dec 2014, Sharekhan has over 13 lakh customers.