brokerage calculations probs..HELP NEEDED

alroyraj

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#21
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JOPHY

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Mar 8, 2009
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#23
hai as i am new to this i would like to ask one more question as i know it is ----- to the seniors.
brokerage on day trading
i would like to put 50000.00 in the share market in 5 different shares as 10000.00 / share (with equal money) with minium 100 ruppies share stocks
how much will be my brokerage
is there any minium amound per trade
can you give a comparison on each platform
with thanks
 

iTrade

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Jan 16, 2006
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#25
STT 0.017% On selling turnover
NSE Charges 0.0030% on turnover
Service tax 10.30% On Brokerage and NSE charges
Stamp Duty 0.002% on turnover

Turnover is calculated as total buy value (price of share*quantity) + total sell value(price of share*quantity).


This is or futures and independent of broker, and it should be almost same for CASH market. You have the idea more or less now.

Call your broker and ask him about STT, service tax, Stamp duty.
 
Joined
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#26
STT 0.017% On selling turnover
NSE Charges 0.0030% on turnover
Service tax 10.30% On Brokerage and NSE charges
Stamp Duty 0.002% on turnover

Turnover is calculated as total buy value (price of share*quantity) + total sell value(price of share*quantity).


This is or futures and independent of broker, and it should be almost same for CASH market. You have the idea more or less now.

Call your broker and ask him about STT, service tax, Stamp duty.
0.017% is charged in FnO.
Mr. Jophy seems to purchase shares on Delivery basis.
STT is 0.125% on both buying & selling Turnover for Delivery based transactions.
STT is 0.025% in selling Turnover for Intraday Transactions.
 

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