Concerns on brokerage charges

Hi my name is Shashank and i am new to trading , i have an account in sharekhan. Can someone please let me know , will there be brokerage charges when we both buy and sell equity shares.

Thanks in advance

regards
Shashank

Yes sir.

Plus there will also be DP charges (alternatively it might be part of your maintenance fee - not sure about sharekhan as I don't trade with them.

Also, don't forget the taxes.

Answer : Brokerage charges are there when we buy and sell equity shares. In Intraday the Brokerage charges for buy and sell shares are same but in Delivery brokerage charges are different because exchange charge extra money for that. Its different from one brokerage firm to another as like Sharekhan and stamp duty & other taxes are also there.

just visit their website. you could calculate the brokerage charges, stt, cess etc. for the amount you have invested or traded. there are lots of discount brokers available now. you didn't try any of them? i am sure sharekhan charges are higher, it is going to eat away your profits if you are heavy trader. i had opened an account with geojit and they gave me hard time.

Answer: Yes they charge for both buying and selling of shares. The charges for the intraday trading is same but vary for delivery due to exchange norms and do also charge DP fees for opening account and annual charges as well.