Geojit - Purchased Stock listed on NSE


I have recently begun trading online and have been trading with Geojit. Sometime back, I had bought stocks (ITC & IVRCL) on BSE. However, after the payout, I found that they were listed on NSE and not on BSE. Infact, I am able to trade on them only on NSE now. On contacting the customer care at Geojit, I was informed that their trading terminal is such that all scrips purchased on BSE will be shown under NSE after settlement. They also mentioned that they are working on developing a system wherein scrips could be sold on either of the exchanges. Till then, I am forced to trade my purchased stocks on NSE.

I am concerned about whether this is a genuine glitch or do they have an ulterior motive in doing this? Would anyone have a clearer picture of what this is all about?

Dear gold finger,

for online trading the best brokers are Sharekhan, Indiabulls or Pl go to any of the expert. I think rest are not good in online. If you want to continue with Geojit, shift to off line and trade on phone.