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About Intraday trading in Indian Stock market?

 
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DetroitBlazer



Joined: 08 Nov 2007
Posts: 2112

PostPosted: Tue Dec 11, 2007 5:58 am    Post subject: About Intraday trading in Indian Stock market? Reply with quote

I am a new Trader in Indian stock market and I'd like to know that's there any charges for intraday trading.. and how can we do intraday trading when we got our DEMAT shares after two days from the day of trading.??
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Wilfredo h.



Joined: 08 Nov 2007
Posts: 2149

PostPosted: Tue Dec 11, 2007 5:58 am    Post subject: About Intraday trading in Indian Stock market? Reply with quote

Intraday trading is one in which you r purchasing and selling those shares, dat day itself, here only your profit or loss will get added in the margin. here you r not talking delivery of shares.

Brokerage Standard 0.1% of volume
Service tax 12.24% of total brokerage
STT 0.025% of the total vol traded only for sell
Stamp duty 0.002% of the total vol
Turnover tax 0.0035% of the total vol
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