Confused about the avialable balance being shown

#1
Hi ,

I use sharekhan for doing trading .
I had a amount of rs 7292.00 in my Equity .
This morning i buyed two stocks of worth rs 10310.00

This is my current balance .



please let me know why th total balance is still rs 5230 ?? as thought it would be ( 7292 -10310 = -3018 )

Is that expected ?? :confused:
 

stock72

Well-Known Member
#2
They are calculated based on the margin of that particular stock.
now you can use the balance amount for any intraday trading or leave it as at the EOD day the will deduct 7292 and leave the balance as margin.


Hi ,

I use sharekhan for doing trading .
I had a amount of rs 7292.00 in my Equity .
This morning i buyed two stocks of worth rs 10310.00

This is my current balance .



please let me know why th total balance is still rs 5230 ?? as thought it would be ( 7292 -10310 = -3018 )

Is that expected ?? :confused:
 

stock72

Well-Known Member
#4
sorry .. one more thing .. just now noticed... u bot the equity more than the margin u have ..

so they may leave it to carry for tomorrow . ( buy today sell tomorrow )
if you are not increasing your margins by tomorrow they will sell one stock and leave the other .
Depends on brokers - I think . let others help u on this .


Hi ,

I use sharekhan for doing trading .
I had a amount of rs 7292.00 in my Equity .
This morning i buyed two stocks of worth rs 10310.00

This is my current balance .



please let me know why th total balance is still rs 5230 ?? as thought it would be ( 7292 -10310 = -3018 )

Is that expected ?? :confused:
 

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