Hi All, I am new to trading. I am using geogit's services. While looking at my account summary, I have been charged with Rs 25/- for two consecutive days ie on 21st and 22nd under the heading
DIS (Market) Charges NSDL/CDSL From 21.03.2016-21.03.2016
and
DIS (Market) Charges NSDL/CDSL From 22.03.2016-22.03.2016
What exactly are these? Why is this charge?? If it helps, I can walk you through what I have done on those days
On 21st, I did intraday buy and sell of 4 stocks, and sold 5 shares of just dial which I bought some time back.
On 22nd I did intraday short and cover of some 3 stocks, and sold shares of 2 stocks which I bought some time back.
Basic study on this topic gave me some leads like, I am selling the stocks from my demat and DP charges for that, so I thought Geogit is charging Rs 25 per day for that. But why is it so high? Is it same for other brokers?? Am I wrong???
Also, In my account summary, I could see that pending dues are for Rs 55. If the charges are Rs 50 for above 2 transactions, then where did I get Rs 5 extra? Are they charging interest for not paying due?? In that case how do I pay due. I have approx 8000 cash in my trading account.
I could wait and call their customer care, but they are closed temporarily and I am not getting sleep because of this unanswered doubt.
DIS (Market) Charges NSDL/CDSL From 21.03.2016-21.03.2016
and
DIS (Market) Charges NSDL/CDSL From 22.03.2016-22.03.2016
What exactly are these? Why is this charge?? If it helps, I can walk you through what I have done on those days
On 21st, I did intraday buy and sell of 4 stocks, and sold 5 shares of just dial which I bought some time back.
On 22nd I did intraday short and cover of some 3 stocks, and sold shares of 2 stocks which I bought some time back.
Basic study on this topic gave me some leads like, I am selling the stocks from my demat and DP charges for that, so I thought Geogit is charging Rs 25 per day for that. But why is it so high? Is it same for other brokers?? Am I wrong???
Also, In my account summary, I could see that pending dues are for Rs 55. If the charges are Rs 50 for above 2 transactions, then where did I get Rs 5 extra? Are they charging interest for not paying due?? In that case how do I pay due. I have approx 8000 cash in my trading account.
I could wait and call their customer care, but they are closed temporarily and I am not getting sleep because of this unanswered doubt.