I have few questions....pls answer them
1)what is exsplit of face value(old fv 10, new fv is 2)? what are its effects?
2) i m having axisdirect as my broker....till now i was buying equities in cash based for 10k-15k..... now i have got 10lakh and want to buy shares of only 1 company(say tcs,)....
can i buy tcs shares for 10 lakh at one go in one day?
i m new to markets....kindly explain in simple
1)what is exsplit of face value(old fv 10, new fv is 2)? what are its effects?
2) i m having axisdirect as my broker....till now i was buying equities in cash based for 10k-15k..... now i have got 10lakh and want to buy shares of only 1 company(say tcs,)....
can i buy tcs shares for 10 lakh at one go in one day?
i m new to markets....kindly explain in simple