10.1 – Market structure
The topic of clearing and settlement is super important to understand as it gives you a sense of the movement of money and funds between your account and, let’s just say, the stock market. For instance, when you buy a stock, say 100 shares of Marico, you need to clearly understand how long it takes for the broker to remit these 100 Marico shares to your Demat account. We can extend this to stock selling as well.
The lack of understanding of the clearing and settlement process could leave a void and leave you with many unanswered questions related to the market structure. Hence, for this reason, we will explore what happens behind the scenes from when you buy a stock to when it hits your DEMAT account.
We will keep this discussion practical with a clear emphasis on what you need to know about clearing and settlement.
10.2 – What happens when you buy a stock?
Day 1 – The trade (T Day), Monday
Assume on a Monday, you buy 100 shares of Reliance Industries at Rs.1,000/- per share. The total buy value is Rs.1,00,000/- (100 * 1000). The day you make the transaction is the trade date; brokers refer to this as the ‘T Day.’ The assumption is that you intend to hold Reliance Industries in your Demat account for a few days or maybe years, and it is not an intraday trade.
When you place an order to buy, the broker quickly validates if you have the necessary funds. In this example, the order will go through only if you have Rs.1,00,000/- in your trading account; it will be rejected otherwise. Assuming the trade is executed through Zerodha, the applicable charges are –
| Sl No | Chargeable Item | Applicable Charges | Amount |
|---|---|---|---|
| 01 | Brokerage | Zero for Equity Delivery. For intraday, charges are 0.03% or Rs.20/- whichever is lower, per executed order | Zero |
| 02 | Security Transaction Charges(STT) | 0.1% of the turnover | 100/- |
| 03 | Exchange transaction Charges | 0.00345% of the turnover | 3.45/- |
| 04 | GST | 18% of Brokerage + Transaction charges + SEBI charges | 0.62/- |
| 07 | SEBI Charges | Rs.10 per crore of transaction | 0.12/- |
| Total | 104.19/- | ||
Additionally, Rs.15/- towards stamp duty is applicable. Stamp duty is charged at 0.015% on the buy side. Hence the total applicable charges are Rs.119.19. Note that these rates are subject to change; you can visit Zerodha’s Brokerage calculator to figure out the exact applicable rate when you wish to carry out a transaction.
So an amount of Rs.1,00,000 plus 119.19 totaling Rs.1,00,119.19/- is required to carry out this particular transaction. Remember, the money is blocked in your account when you place a trade, but the stock is yet to hit your DEMAT account.
Also, on the T day, the broker generates a ‘contract note’ and emails you the copy to your registered email id. A contract note is like a bill detailing all your daily transactions. You can save the contract note for future reference. A contract note gives you a break up of all daily transactions and the trade reference number. It also shows the breakup of charges charged by the broker.
Day 2 – Trade Day + 1 (T+1 day, Tuesday)
Starting January 2023, India became the first country to implement a T+1 settlement for all the scrips listed on the stock exchanges. Earlier when you used to buy the shares, these would be delivered to your demat account on T+2 day. For example, if you bought shares on Monday, these will be credited to your demat account only on Wednesday. With T+1 settlement, if you buy shares on Monday, they will be credited to your demat account on Tuesday, the next day itself.
So on Day 2, also called T+1, the settlement is due to the exchange. Assuming the purchaser and seller are trading via two different brokers, the funds are debited from the buyer’s broker’s pool account by the clearing corporation and credited to the selling broker’s pool account. Also, on T+1 day, the shares will reflect in the purchaser’s DEMAT account, indicating that you own 100 shares of Reliance.
10.3 – What happens when you sell a stock?
The day you sell the stocks is again referred to as the ‘T Day’. The stock gets blocked when you sell the stock from your DEMAT account, and by the end of the day, the stocks are ‘earmarked’ for settlement. Please refer to the next section to learn more about earmarking.
Before the T+1 day, the earmarked shares are delivered to the depository. On settlement day, the blocked shares are debited from your demat account and moved to the clearing corporation for payin. Against the debit of such shares, you’d have received a credit for the sale after deducting all charges. You may be interested to note that you will receive 80% of the funds on T-Day and the remaining 20% on T+1. In other words, the seller will be settled fully on a T+1 basis, just like how the buyer is settled.
What transpires between T day and T+1 is a complex settlement process involving the stockbroker, clearing corporation, depository, and the stock exchange. Each entity uploads and receives multiple files to ensure the transaction goes smoothly. As far as you are concerned, you need to remember that equity transactions are settled on a T+1 basis, meaning, if you are a buyer, you will get the shares on T+1, and if you are a seller, the funds are credited on a T+1 basis.
10.4 – What is earmarking?
Earlier, for the settlement of a sell trade, the broker would be required to debit shares from a selling client, hold the securities in the broker’s pool account, and transfer the securities to the clearing corporation (CC) on T+2. Upon transfer, the client would receive a credit of funds against the sale, and the transaction would have been said to be settled. It was usual practice for brokers to debit shares on T day or T+1 day and transfer it to CC on T+2 (since the settlement was on T+2).
From the time the shares were debited until they were settled, the client shares lie in the broker’s pool account, possibly allowing a broker to misuse these securities. SEBI identified this as a potential risk and introduced “earmarking” for settlement. In this new earmarking system, shares are no longer debited from the client’s account; they are only earmarked for settlement. Think of earmarking as a temporary hold on the securities towards an upcoming settlement for the sale transaction initiated by the client.
On settlement day, the shares are debited from the investor’s account and credited to the clearing corporation. This new process eliminates the need for brokers to hold client shares in their pool account, thereby eliminating the risk that comes along. The new earmarking process has been made mandatory from November 2022.
Key takeaways from this chapter
- The day you make a transaction, the trade date is referred to as the ‘T Day.’
- The broker must issue you a contract note for all transactions by the end of T day.
- When you buy a share, the same will be reflected in your DEMAT account by the end of T+1 day.
- All equity/stock settlements in India happen on a T+1 basis.
- When you sell shares, the shares are blocked immediately, and the sale proceeds are credited again on T+1 day.
- Earmarking of shares was introduced to ensure the securities don’t move out of the client’s demat account to the broker’s pool account.
Hi, as per the video of this segment, it takes t+2 days for the shares to be credited in our demat account.
But in this chapter, Point no 10.2, it says \”Also, on T+1 day, the shares will reflect in the purchaser’s DEMAT account\”
Could you please clarify on which day the shares are credited in buyers account.
Harshit, that is because the regulations keep evolving. However, what you need to understand is the underlying mechanics of how things work. Eventually it is 2 days, 1 day, or instant, does not matter.
Sure thing.
Happy learning!
Stock sold under CNC order, will not funds release on the trading day or on the next day.
Settlement cycles have changed, you will now get the funds the same day.
I have sold 9 quantities of CDSL which I bought yesterday but the money is not showing in my funds section please tell what to do
Vinayak, for this I\’d suggest you speak to the support team. I wont be able to help you with it.
If I Purchase Any Share On 15th Jan & If It\’s Ex Dividend Date Will Be 16th Jan
Will I Get The Dividend ?
You will get it if the shares are fully settled in your demat.
if we buy a stock for eg 100 rupee on next day when its price fluctuates to a high 110 does it take 110 for the stock to deliver
No, your purchase price is 100, so you get it delivered at 100.
How to check if the stock is eligible to be sold on T+1
Here – https://support.zerodha.com/category/trading-and-markets/corporate-actions/general/articles/how-to-do-btst or I\’d suggest you call the support desk.
hi, thanks so much for this, can I sell the shares I bought on T+1 or should I wait for T+2 so that they get credited in my account and only then sell them? I ask this as there is clear indication on the shares that we already have and that are in T+1 category on KITE app.
YOu can sell on T+1, not an issue. But do make sure the stock is eligible for selling under T+1.
i sell my shares worth 100000/-. the amount was credited my zerodha accout next day. how many days can i kept my money with zerodha account with out buying/trading shares?
You can keep it for as long as you want. But if you have no use, why not withdraw and keep it your bank account?
When intraday sell shares are converted the profit of purchased price and sell price is not added to profit. With this jungling loosing good amount so it is better not convert intraday sell shares with available equity when you the share price is higher than purchase price.
Hmm, not sure if I get your query fully. Please do talk to the support desk once for this.
IF I HAVE 1 LAKH CREDITED IN MY DEMAT ACCOUNT AND IF I UTILIZE THIS FUND FOR INTRADAY TRADE AND AFTER MARKET CLOSE THEN SHALL I ABLE TO WITHDRAW MY FUND THAT ARE ALREADY CREDITED??
Yes, you can withdraw funds that are fully settled and credited to your account. But ensure its free balance.
Do I need to transfer fund before buying shares or I can transfer money after buying shares? Please help.
Always before 🙂
I have icici 1 qty stock of 500 in my demat account.I sell it for 550 in morning and buyback for 580 same day before market close. So should i get 80 profit in one qty????
If you sell at 550 and buy back at 580, you make a loss of 30 right?
If i buy a stock today morning and i want to sell the same stock today at 3:20 like that is that possible in equity delivery?
Yes, its an intraday trade.
I have been holding 100 shares of XYZ and on certain T day I buy 20 shares more at lower price. On T+1 day, the avg buy price has been adjusted. Now if I sell 20 shares on T+1 day, which stocks get sold? The ones I have been holding since long or the 20 shares I bought the previous day?
It works on a first in first out basis (FIFO). So the one you\’ve been holding for long will get sold first.
If we sell an equity on T+1 day, since buy orders are already sent to the exchange on T day-end, it is out of broker’s control and cannot be treated as intraday. Also, equities don’t hit demat on T+1 day and we sell equity that we don’t yet own resulting in shorting.
I found one of these points while going through the comments of this particular post.
Is this point still relevant, because the equities will hit put demat account on at the end of T+1 day and thus there would be no shorting?
A follow up, like the but orders are sent to the exchange at the end of the T day, similarly the sell orders are also sent to the exchange at the end of the T day?
Yes, the point is that these trades still carry the BTST risk. Yes, all orders are sent to the exchange.
I have some doubts to clarify about the delivery margin after sale.
1) To my understanding, when a sale is executed, zerodha holds 20 OR 25% as delivery margin(DM)?
2) If zerodha holds Rs 2500 (25%) as DM of a Rs 10000 sale, WHY does my available cash(AC) and available margin(AM) show the full Rs 10000, should it not display Rs 7500?
3)Also, What exactly is Used Margin(UM)? And why is it negative after a sale?
My account statement looks like this:
AM: 10000
UM: -10000
AC: 10000
4) Since it shows Rs 10000 as my AC and AM, does it mean that I can use the FULL amount to buy another stock or I can only buy upto Rs 7500 on that same day? Or do I have to wait for the UM to be zero and WHY?
Your feedback and clarification would be greatly appreciated.
I think this is easier to explain over a quick call. I\’d suggest you call the customer support desk for this. Thanks.
I sold some equity shares on T1 but the money is not reflecting on zerodha fund. When will it reflect or available for withdraw?
It should, please do check once with the support team for this.
WHEN WILL MY FRIDAY (OPTION – BANK NIFTY) INTRADAY PROFIT WILL SHOW IN MY ACCOUNT ?
It will be shown immediately.
I bought the share yesterday but due to huge loss I sell it today when will be my amount will credited in the demate account
It should be in your account by now.
Hi,
Yesterday I had stock worth of X amount in zerodh. And I had sold all the stocks yesterday. (Profit +/- 500 only)
Today I have seen my wallet and it showing lesser amount from My X amount (10k + amount not showing)
What is the reason?
I had traded some new listed stock. Is might impact? If yes what is the settlement process for new listed stocks
You get 80% of funds on day 1 and balance the next day.
Sir,i execute sell side of my shares,which I bought in pay later,and i forgot to unpledge.
Shares are already blocked what i do?
Pls contact the support center for this, the share will be auctioned mostly.
What happens if we sell a holding share that we own through one broker and purchase the same share on the same day through another broker account?
Well, you are just swapping your holdings from broker A to broker B. Thats it.
Hi, kindly advise if I sell some shares( securities )and my brocker is not crediting that amount in t+1 days what can I do, can I Sue him?
Thanks
Yeah, but do check with the broker for reasons for not settling your funds.
Sir, yesterday purchased 70 shares and today also purchased 30shares then today I sold 70shares of yesterday shares, but in portfolio showing -40 shares
Today I am not received any amount in my demat account. Can you please answer this question
Hey Rakesh, I\’d suggest you speak to the support desk for this. I wont be able to help with this query.
Why my amount is not showing in funds after selling ?
I have received a mail in form of tax invoices but it’s not available in my funds on Zerodha.
Please do check with the support team for this, Ashok. Thanks.
Can I pledge T1 holding stocks for collateral margin
No Sagar, the collateral that you pledge should be fully settled in your account.
Hi,
i sell my stocks on friday can i withdraw money on saturday ?
please help
Yes, you can once the funds are fully settled.
Let’s say I have 2 unsettled lots of futures in my account
Assumed lot size : 15 at buy price of 100/- per share… so a total of 30 futures @ 30*100 = 3000/-
Now on a new trading day I buy 2 more lots at 80/- per share (30*80 = 2400/-)
My unsettled lots on this day now show 4 lots at an average price of 90/- now
In this case, if on the same trading day (day 2) I sell 2 lots @85/- , which of the lots will be considered sold ? The same day ones or the older ones – that is, Will my P&L show a profit or a loss ? Or will the average price of 4 lots be considered ?
Average will be considered.
I have PURCHASED THROUGH ANGEL ONE ISIN BPCL SHARES ON
21/06/2024.AS PER THE ECONOMIC TIMES NEWS 21/06/2024 LAST DATE FOR ELIGIBLE BONUS SHARES. BUT AS PER T1 SETTLEMENT DATE. ANGEL ONE NOT SHOWS SHARES IN MY D MAT ACCOUNT. WHAT I DO FOR BONOUS SHARES
You need to speak to your broker for this. We wont be able to help 🙂
If I sell shares on T+1 can I able to buy futures with that amount
Yeah, you can.
How does the withdrawal process work if your portfolio is in crores, can you withdraw it all in your bank after selling your shares or is there another process for bigger volumes? Please suggest
Hi can I sell a few of my shares today and use the funds from the proceeds of the same to buy new shares on the same day ? Thank you!
Yes, you do get 80% of the funds immediately and the rest the next day.
If I buy shares and it goes up after my buy order is executed will i be in profit by the time shares are credited into my demat account? As my order got executed at a lesser price before going up
Today i. e july, 3rd 2024, i purchased 250 equity shares of dcxindia for intraday. I sold them. Again i bought another 250 shares, and added another 250 shares and then i Sold them. Again i bought 260 shares. This time the price went down. And i ended with Rs. 600/-loss totally. And my position is showing loss on all the shares. Why. Please explain.
I\’d suggest you call the support desk for this, they will explain Venkata.
I have a query, Let\’s say I already hold one futures lot of nifty and I want to sell two lots (basically convert my long position to a short position) then what\’s the margin I need? Is it the margin for one lot or two lots because the other lot gets canceled out so Ideally I assume the margin required would only be for one lot
Ah, you can actually use the margin calculator for this. But I think its for 1 lot as the long gets offset with 1 short.
I am a bit confused in my friend\’s case of physical settlement of option. Please guide how will the monetory settlement work
My friend bought Dabur 555 CE of June Expiry and it went ITM on monthly expiry and as the contract was not tradeable, my friend had to take delivery of shares on June 29. Now the broker account showed a shortfall of around 7 lakhs, so my friend deposited cash and took delivery of shares and sold the shares at 600 per share after receiving the delivery, what is the cost of receiving Dabur in physical settlement for my friend? is it the strike price meaning 555 or the closing price of the monthly expiry day? and how will monetary transaction take place in this case?
Physical delivery in options is basis the strike price, Nivedita. So in this case its 555.
If shares are bought on T day and sold on T+1 day, will money immediately reflect in Funds section?
Yes, upto 80% on same day.
I bought 15 titagarh shares yesterday and have sold today through GTT, the order has been executed. But the fund has not been credited, which we know 80 ℅ fund is credited on the T day and rest 20℅ on the T1 day. Please clarify this.
Kausik, please do call the support desk for this. Not sure if i can help you with this query.
How are the trading charges levied if I (a) sell CNC on the same day and (b) sell CNC on the next day?
You can check this Paul – https://zerodha.com/charges/#tab-equities
Is it possible to buy and sell equity (CNC) on the same day? Or do I always have to go with MIS only for that?
Yes, you can do an intraday trade.
where does the proceeds of sold GS Govt of India units sold are credited? into fund balance or credited directly into the bank acct linked to the demat acct?
You get it to the bank account.
i purchase 10 stock of exide on thursday & sell on friday today on dated26/04/2024 but my amount is not showing in avabile margin
Manish, I\’d suggest you speak to the customer support for this, nothing much I can do 🙂
Sir if I buy some stocks on 12pm to 2;30pm when will they deliver to me and can I sell them next morning is it possible
Yes, you can buy during any point while the market is open.
Hi, I am holding Kotak neo account, I do fno on regular basis. My question is in kotak when I sell any segment the money hits account in few seconds, means it gets credited in account immediately which I can use to buy other index. Is this facility available in zerodha
Yeah, you can.
Hi.. I sold Share X on T day, can I repurchase the same share on T+1 day.
Yes, you can.
I want to sell my shares. after authenticating my shares appears in open column in orders bar at the end of the day it shows me authentication was cancelled. what can i do for sell my stocks?
I\’d suggest you call the support line for this, they will help you with it.
If I sell a share under T+1 can I buy another share against it today ?
You get 80% funds against the sale, which you can us for other transactions.
My quarterly settlement amount has been not credited to my primary bank account , but funds are withdrawn from kite equity account please explain about this
Please do check with the support team for this, I wont be able to help on this.
can i buy shares on nse and sell the same shares on bse on the same day just to capture the price diiference?
That will create two separate positions, Nabhi.
Hello Sir,
There was a GTT for a stock, but as I dont want to keep that stock which was bought so i sold on T1 day (Yesterday brought and sale on today). but the fund is not updated.
Please advise, is that will take time to settle as it was in T1 day stock. Hope the fund will be update soon.
However, your comments will be helpful for mane of new like me.
Thank you
Arnab, I wont be able to help with this, request you to please contant Zerodha customer desk for this query.
Sir kindly advice at the earliest please as the settlement date is near.
As I mentioned, not sure if I understand your query fully.
My son opened a block trading account,once, the company has invested more than his portfolio, without his consent, my son made the payment. Second time the company again make investment of an exorbitant amount for that that, he is not in his financial capacity.What will happen if my son don\’t settle the account. Can my son can get his portfolio amount?
Sorry, I dont really understand your query. Not sure what a block trading account is. Need more details.
Isold stock today which was purchased yesterday when amt credited to dmat
You will get it by Monday.
i have sold t+1 equity now received the two times for total sell value. Now I am concerned abt settlement procedure in zerodha.
Unlikely, but will anyway get this checked. Thanks.
Hello sir I m little confused yesterday I have sold my 42 shares adanigreen at the rate of 1860 and after that I have repuchased same share again at little high rate so now my original fund shows 73000 and rest of the amount shows in settlement equity so what will be the amount in fund
I\’d suggest you please call the support desk for this, Rutha. They will guide you on this.
Hi , if the sell my shares on Friday,when I\’ll be able to transfer full amount to my bank
On T+1 basis.
Sir,
The intraday square off is roughly at 3:20pm for most of the brokers. So if I buy a stock from (the nifty sectors eg shares listed in nifty infra, nifty private banks etc ) at 3:29pm and sell it next day at 9:15am. Are there any chances that the shares that are sold to me are not short selled, as I am purchasing it after intraday square off time ? and Most of the shares are settled in t+1.
This is on the assumption that you\’d be transacting on F&O and equity swing positions.
On 2-2-24, some order booke iwith market rate it’s booked but after some time same position was open in account what’s the issue. Also same time customer care not responded
Have you created a ticket for this? If not, I\’d suggest you do. Thanks.
When will settle the profit of Friday closed market in my funds
Monday it will be settled.
My profit is 17k but my account credited only 11.5k, I have traded f&o instrument.
Please call the support desk, they will explain all the deductions.
I sell my share after t1 day and if I buy the same share , I get the share on the same amount as I bought at first time even if the share has more value at the time of second buy and next day my 20% is not credited as my understanding . Why does this happen ,can you elaborate or am I getting it wrong?
Thats the settlement cycles, Marsook. How much more you will get really depends the share price.
I sold my shares at a profit. However I see the total P&l showing negative. Does this mean I have incurred loss and not profit.
Yes, considering other charges you may have incurred a loss.
Hi,
I have transferred few of my stocks from another demat account( account closed already) to my zerodha account. All stocks have been transferred but not yet settled for trading.My query is how long does it take time to settle the transferred stocks so that I can trade all those?
You will have to touch base with the support team handling these queries. Unfortunately, we wont be able to help you with this. Good luck.
What is Net settlement for Equity with settlement number. please explain in detail with example
These are operation parameters for a depository participant. Think of it as an invoice number 🙂
Yesterday I bought 13 quantity of ESSARSHIPPING Shares, I sold all 13 today, but the money has not credited into my demat account. not even a single penny from my investment, how to deal with this issue?
Please do check once with the support team for this, Joseph. I wont be able to help you with this.
One of the trader by name @purab_darba on insta , he is a binary trader nd also have telegram channel as sigma binary so when I msgd him about trading he told me to open quotex account by his link and to deposit 20dollars nd share my trader I\’d than he would add me to a vip group where I can copy his trades.Is it good to share my trader I\’d or what?? Can anyone help me please 🥺
Dont even think about it. This is a scam, please stay away from such things.
I have a simple query. I am having a zerodha account. Under portfolio page, invested value is shown. This invested value must have a relation with the money transferred by me to zerodha.
My question :
What is the formula relating invested value, fund available and money transferred to zerodha by the investor.
Request please give specific reply depicting the clear relationship in between above i.e.
Invested value
Money transferred and
Fund available.
Regards.
Invested value is the value of funds invested in market. For example, you can transfer 1L to your trading account, of which you buy 45K worth of stcoks. Then invested value is 45K, and 65K is the balance available. You can use the balance available for any further trading or investing activity in the market.
If I sell shares on Friday when will my account get credited the amount ?
Full amount on T+1.
Assume i bought a shares on Friday in CNC, can i sell them on monday
Yes, you can. But you need to be aware of the risk of BTST trades. Check this – https://support.zerodha.com/category/trading-and-markets/corporate-actions/general/articles/btst-risk
Hello,
I have withdraw my SIP on 22november, today it\’s 28th november but ammount not credited into my account.
Mahesh, please do check once with the support desk, I wont be able to help you with this query.
I buy 25 stocks of JMD Ventures 24nov
& Sell after 2 days 26 nov but it is showing under process, how many days it will taken or what can happen ?
Can you please reach out to the support desk for this? Thanks.
i purchased reliance penny stocks in 15 sept 2023 and sell it on 30 sept but I can\’t withdraw my amount in current account..Why And how much time to get settled in penny stocks
Ankit, why dont you check with the support team for this?
I had buy share yesterday in CNC and sold the same share on next day morning, how long it will take to settle the order in the Dmat, second after selling also the no amount is not showing in the Dmat account. can u please clearify the same.
All settlement is T+1 basis.
Mainne apana share sold kra profit book karne ke liye, lekin sold amount wale column me sold ka amount feed nhi kra, sold karne par instead of profit there was huge loss.
Why…
I TRIED MANY TIMES TO CONTACT KITE ZERODHA, CALL CENTRE BUT ITS NOT DONE, HOW TO CONTACT WITH KITE ZERODHA CUSTOMER SUPPORT CALL CENTRE. 9638268887
Please try calling this number – 080 47181888
Hello team,
What potential risk can be posed when shares are lying in broker\’s pool? i.e. What misuse a broker can do with these shares?
Thanks,
Nandkishor C
Thoes days of misuse is gone. Brokers cant move shares without the clients approval now.
I have sell my shares today, In order, it shows complete, but It will be in positions (sold holding ),Not all amount credited to my available margin, when it will sold and when I get full amount.
You should get the amount on T+1, Venkatesh.
For newbies, it will be easier to follow 10.2 and 10.3 if they are presented as an ordered list.
Can you explain what you mean by an ordered list? Thanks.
If i purchase 100 Shares today – T day
If i get 10% appreciation next day T+1, can i sell the shares even if it is not credited to my account?
If yes, is there any penalty to this?
Yes, you can, but you cant do this across all stocks. I\’d suggest you call the support desk to check if the stock you intent to buy today, sell t\’row qualifies for such a trade.
As per this chapter the shares sold will reflect in the account on settlement day only from November 2022.however 25 shares of Tata Power sold today were immediately debited and shown less in the account.can you please state the reason.
I\’d suggest you speak to the support desk for this, Ratna.
If I sell a share on Thursday, T+1 will be Friday, then will I get the money to be transferred to my bank account on Friday or will it be reflected on Monday?
Friday, if Friday is a working day.
Suppose, I purchased 50 share share of RIL as CNC for a positional trade. But the trade moves against my analysis. And hits my stoploss. Will I be able to sell them of on T+1 day? Or I will be penalised to sell on T+1 day?
You can sell on T+1.
Incase I have sold my shares on Friday , when can I receive the payment earliest?
You should get it by Monday.
Suppose i bought 2 stocks of one share , but at the time of selling I sold it one by one , so how much money will get debited 15 or 30 ?
Not sure what the query is, Vani. Can you share more context?
Can you explain with an example how the broker would misuse the shares in the earlier process where on sell, wherein shares were debited until they were settled, the client shares would lie in the broker’s pool account?
You can see this – https://timesofindia.indiatimes.com/city/hyderabad/karvy-scam-heres-how-it-unfolded/articleshow/85471866.cms
Please can someone explain the calculation of GST and SEBI charges in the table?
Check this – https://zerodha.com/brokerage-calculator#tab-equities
If I place order of Index fund but couldn\’t pay that money to zerodha, what will happen.
Isell some share on 11/9/2023from my demat account which is belongs in 5paisa but full settled till date not reflected in my ledger account which is difference more than 2300/what\’s the problem for said money kindly seen the matter sympathically in your system
Sudarsan, I\’d suggest you speak to the support agent for this, I\’d not be able to help you with this as I wont have access to you account.
I bought a long term stock for rupees 716 and sold them with a loss of 2% that is 704 something but when i sold them the remaining amount didnt come in my equity funds or its not showing anywhere! Why is this happening and what is this?
PLease do contact the support desk for this.
Withrawble balance is free from all charges or after all the settlement time period???? It can use for new buy ??
Eg. I sell 100 shares today on date 10, next day 11 till 12:00 o clock m not able to withdraw money to bank, but after 12 or sometime the balance show for withdraw is showing , all the fund show for withdrwable now i can use it for another buy whithout any charges??? Or it take one more day to ignore margin penality chareges in zerodha
Please do check with support team for this.
If witdrawble balnce show in funds, can i use all fund without any charges??
Yes, you can withdraw the funds to your bank account.
This needs to be updated. Now, the settlement cycle is T+1
We will do that.
If we purchased shares yesterday and sold today in cnc then when will be our funds show in our account
I’m a fresher in trading so i want to ask can i sell my stocks in 1week or 3-4days from the date of buying and if yes then how?
I sale my share supposed Rs 80,000 but I have received only Rs 50 is it correct
Please get in touch with the support desk for this, Farhan.
Sir, i have 70 shares and yesterday i brought T1:10 shares and complete 80 shares i sell today, But that T1:10 shares\’ money not credited in my Demate account?
Pankaj, can you please call support desk for this?
how many times i can buy and sell a one company share in a day
As many times as you wish.
Currently all trades are settled on T+1 settlement cycle, need to update
Yes, will do.
How much time it takes for transferring my existing holding to Zerodha. The existing is Ventura and they are claiming that it may taken 10 Days.
If possible, please check with their team to figure out their process.
Suppose i sold some shares with 15k profit and 15k investment..how much charges will b cut? How much i wil get in hand? Plz give example n share …i hv gone through the charges document but not sure why 18percent gst cut
Nitul, you can simulate all the charges here – https://support.zerodha.com/category/console/reports/contract-note/articles/virtual-contract-note
As i sell shares on friday when does my money will be credited which is on hold
can i sell shares in zerodha as per my choice when i purchased date
below i my holding in zerodha
Date Qty. Price Age (days) P&L
2023-07-10 9,500 17.70 11 18,050.00
2023-06-01 10,000 11.20 50 84,000.00
2023-01-04 10,000 10.40 198 92,000.00
can i sell CNC of purchase date-2023-01-04 THE LAST ONE FIRST
IF yes then how . please let me the process
thank you
Yes, you can sell these from CNC.
I have sold some shares on 18.07.2023.When is the credit going to reflect to my account since the shares are already debited?
It will be on T+1 basis.
I have a clear understanding that there is an approximate charge of 120 rupees when purchasing a share worth 1 lakh. Now, I\’m curious to know if there will be any charges applicable when selling the share?
There will be a few charges, Vinoth. You can check the virtual contract note for this.
Hi, if I purchase shares on 18th, my understanding is that they will get credited in my demat account on 20th as per the T+2 settlement rule. If the ex date for dividend or bonus is 20th for the share, would I get the dividend or bonus or the seller? As in who is considered the shareholder as on ex date?
Yes, you will assuming shares are in your demat by 20th.
I sell the shares on Monday 1000rs single share if same day stocks goes down means it\’s affect my selling price.
After you sell, it does not matter if the price goes up or down since you are out of the market anyway.
Hi Karthik, I bought some share on Friday and sold on Monday, but all the invested and profit money is not reflecting in my fund balance, what can be the problem and how it can be resolved?
Gaurav, do check with support on this.
If I sell my holding stocks today at morning, suppose 9000₹ stocks I sell today. How much money will I recieve on same day for trade ?
As of today, you will get 80% credited to your account against the sale of stocks from your demat account.
CDSL: Debit in a/c *78906 for 20-SUZLON ENERG-EQ RS 2 on 12JUN
What is the EQ RS 2,
CDSL: Debit in a/c *78902336 for 20-SUZLON ENERG-EQ RS 2 on 12JUN
What is the EQ RS 2,
EQ = Equity shares.
If Thursday We carry Option and Friday Sold that , then can we take payout on Saturday ( First Saturday) ???????
FO settlement is T+1, so Monday given Sat is a holiday.
If i sell a share is there a guarantee that could be sold at the last traded price at which i initiated the sell ??
No guarantee in markets 🙂
I am fresher just for learning i bought 3 shares of federal bank after some days i sell all shares. 15 rs deducted additional i don\’t know why can you please tell why ?
Belal, please check the contract note to understand all charges.
Today i bought 100 shares and sell the same day for the long-term stock that is CNC, it have not choose the intraday option while buying but profit or lose money is not reflecting in the fund balance. Can anyone explain
Please check the contract note, Suyash.
What happens if the share price changes between the settlement period?
It wont affect you as your transaction is already done and recorded, right?
Sir, On 06/03/2023 I sold all my shares of one company and again purchased similar quantities on 06/03/2023. Today on 08/03/ 2023 I am finding all my repurchase stocks are being reflected in my D – Mat account which is correct but what I am finding that the description of purchase is being shown the same as of old purchase stock dates which should be the new date. Please let me know what is the correct thing?
Thats right, because the sale and repurchase of shares on 6th March will be considered as an intraday trade and wont have an impact on the buy average in your holdings.
A conceptual question.
Why is there a need for T+1 or T+2 cycle? If the brokers merely need to change the name of holder from person X to person Y and deliver money to person X in lieu of the same, why can\’t this be done instantaneously.
Okay maybe at the bank\’s end, the clearing might take time, but if its essentially changing the holder name from one person to another in an already held pool of equity by the stock broker / depository, why does that not happen instantenously?
(I\’m thinking of something like UPI, where the payment is made instantenously, since all banks have to do is change the ownership of already held funds from one person to another)
There is a backend process, Abhinav. Money has to be debited from buyer, credited to seller, and shares have to be debited from seller, credited to buyer. Ensure no auction here and all that stuff. By the way, T+1 is a big step forward!
Lets suppose there is only one person selling 10 shares at Rs 100 and I put a limit order for just 2 shares at Rs 100 so will I get my shares or will the order not get executed until someone is willing to sell just 2 shares at Rs 100?
YOu will get your 2 shares as long as the price matches.
Hey Karthik, I am new to Zerodha and have two questions-
1. I bought 2 shares of idea and sold 1 on the same day that is today but I noticed despite the market price matching my limit price and the bulk of transactions of idea shares happening my buy and sell is taking quite a lot of time. Is it because no one is selling just 2 shares and buying just 1 share?
2. Do I need to pay DP charge for the above transaction?
1) Yeah, it depends on how the market is moving and the liquidity at that point
2) Nope, since this is an intraday trade
Hi, as T+1 is introduced in the market from January 26 2023 could you please explain the benefits of the same?
Hi Karthik,
Great job on the Varsity content!
Notifying you that this chapter needs an update with a move to the \’T +1\’ settlement cycle.
Cheers,
Shekhar
Thats right, will do that 🙂
hai i selled my shares today with sum of 3000 rupees and the amount credited in d mate acount is 2400,so when will the rest amount credit to my acount,kindly explain iam new to zerodha
It will be settled on T+2 basis, basically 2 days after you do the sell transaction.
Why should wait for \”Funds from the sale proceeds get settled to your trading account after two trading days\” and than \”the funds are typically credited to the bank account within 24 hours from the cut-off time\” while comparing to e-commerce, they crediting back with in first 24 hr after raising issue or calling for refund ??
This is not e-commerce, Rohit. Please see the chain of events in the clearing and settlement process.
I bought shares on 5.01.2023 (thursday), will these be reflected in my Demat account on 9.01.2023, because on 7.01.2023 was saturday and on 8.01.2023 was Sunday
Yeah, its T+2 working days. Weekends are not counted.
Hi, if i buy x company share in CNC and sell after a week or more.
What is the charge going to be?
No brokerage charge, but other statutory charges are applicable – https://zerodha.com/charges/#tab-equities
After selling a stock , how fast I can recieve the money in my bank account? Where to check the default settlement period for my trasing account?
Equities are fully settled on T+2 basis.
Sir I am buy shares on 6 December and 8 December shares are automatically sold and not show in holding but shares sold Price not coming in demat
For this, I\’d suggest you speak to the customer support desk. They will help you with it.
Hello, I want to buy shares in a highly illiquid stock for long term, when I checked the data, I found that there were some buy orders but no sell orders for the stock. Nobody wants to sell the stock and nobody has sold that stock since Aug 2020. The volume is zero. If I place a buy order for that stock and nobody is willing to sell the stock then what will happen? In how many days will my funds be transferred to my demat account?
You won\’t get the stocks so that money won\’t move out of your account. So no question of transfer.
I buy 550 bcg stocks on Monday it\’s T+2 day stock but by mistake i try to sell on Wednesday … On Thursday morning that stocks shown in ( SHORT) on next day Friday in my demat account that stock not visible and even i checked my balance but there also amount not credited…. Any one explain please
I\’d suggest you please talk to the support desk for this, they will help you with it.
Why there is a difference in my fund balance and realised P&L and how can i see my pending fund settlement
Satish, can you call the support desk for this?
I had applied for an ipo. I got a message that shares are allotted. However it is not reflecting in my portfolio.
Kinjal, can you please call the support desk for this?
I have a question – so I sold one share at rs 300. But that amount is debited from my funds along with 15.95 of charges.
I believe this 300 rupees should have been credited to my account. Can anyone help me with this?
The debit is towards applicable charges. Can you please call the support desk, they will explain the charges to you.
Hi, adding to the above question, can I buy another stock the next day with the amount I sold for today?
Yes, you can.
Hi,
Can we buy and sell on the same day without using margin? Unlike BTST, I don\’t want to wait for a day, the same day we purchase (without using margin), can we sell ? Kindly help answer
Thanks
Yes, you can.
I have confusion .
I had earned proffit of ₹ 748 in intraday with laverage. I had ₹ 4154 in my available margin.In the evening ₹ 343 was deducted as a charges and taxes of the total trade now i am worried weather i will get full ₹748 of my proffit.or some money will be deducted o
From that amount also because its showing only ₹405 in unsettled credits WHICH is exactly 343 less than the proffits expected (748-343=405).so will get₹ 343 back or not .
Taru, I\’d suggest you call our customer service desk for this. They will explain the charges to you.
how much margin required if i have 30k portfolio and wants to do BTST for inr 2k ? is it 20% of 30k or 2K?
You will need the entire amount. Basically number of shares * price per share.
Suppose I bought shares on Friday. Shares will be credited on Tuesday considering T+2 settlement process. In terms of payment, when I need to pay full settlement amount if shares bought on margin?
You need the full amount at the time of placing the buy order for these shares.
I have sold.my shares on October 14, 2022 but funds are still not credited to my bank account
Please check with the support team once for this.
Hi, I sold the shares recieved from an ipo, but the profits plus an amount was not shown in my fund balance. Where did it all go
It will be credited on T+2 basis.
what Will be the charge on BTST
No brokerage charges, but there is a DP charge which is applicable.
I have been sold my nifty futures in 5 paisa broker through CDSL verifying OTP on 13.09.2022 but said funds or sale proceeds are not reflected in to my trade account.funds value nearly 75 lakhs.please any one advice or suggest me to got my money / funds back…..wher i consult is NSE Mumbai or 5paisa Broker office at Thane Mumbai.
Call me 9052888891.
Ravi, you need to call your broker for this. We cant help you with this.
I\’m received the trade price in massage\’s in every end of the day. But it\’s not debited in my account.
Please do check with the support once.
Zerodha.
Shares of Reliance sold today worth ₹10000.
Can the money be used to buy shares of Infosys on the very same day.
Yes, you can.
I have sold 1 share on Monday for Rs. 65 and Tuesday in my available cash showing only Rs 55. Why its showing less than actual amount. could you please let me know
The balance will be settled on T+2 basis.
Hi karthik,
i bought ioc shares 250 qty on Wednesday and sold out on next day from T1 holding ioc shares. But still i didnot get my sold ioc shares money credited into demat account. is there also any risk involved??
Can you please recheck? Else, you can speak to customer desk for this.
I sold shares on monday morning. The Amount shown in account .but the amount could not transfer into bank account till thursday night. No holiday between monday to thursday.
Ajoy, I\’d suggest you speak to the support desk for this. But before that, do try to transfer today. It should work.
If I trade in equities CNC am I charged 20 rs for buying and 20 for selling ??
No brokerage for CNC trades.
1. You have mentioned that heavy penalty will be imposed on intraday trades. Pls explain why this and what will the amount of penalty ? .2. You have stated that there are NO Charges on purchase of shares for Delivery,Still you charge some amount on every purchase !!!
Please share the context in which this was stated.
Thank you.. If I purchase different quantity say 50 shares, what will be the nature of trading?
Hi, I have a query:
I purchased 100 shares of a particular company one week before and I sold entire stock today. If I purchase the shares of the same company today, will it be treated as intraday trading?
Yes, the sell and buy (assuming same quantity) will be treated intraday.
I had buyed x company shares yesterday on delivery on nse.. Today I sold it on bse.. Funds are not reflected in available margin to trade.. Pls help me
I sold my shares on Friday and half money came to my demat account but the rest money doesn\’t came till now and today is wednesday
The settlement will happen on T+2 basis for equities.
If I bought shares on 11 august and sell on 22 august and again buy on 22 august then when will the shares come in my demat account ?
The trade you do on 22nd i.e. buy and sell will be considered as a intraday and the shares that you bought on 11th will remain intact in your demat.
I sold 437 LIC shares from my holdings yesterday morning and bought back 400 before closing but today only 100shares credited to my account. 300 shares not credited. Will you please give me the reasons for the same.
I\’d suggest you speak to the customer desk about this as they will have more account-specific information.
My profit of Rs.3000 not seen in today 20th august 2022 which I sold on 18th august 2022 in f&o.
Please do check with the support desk for this, they will help you with it.
I am have started investing recently. I bought an equity on 12th of August, 13th, 14th & 15th was holidays 16th and 17th market was open but still on 18th August my portfolio is showing 0 qty. T1:2 for that particular share. What should I do ?
16th was a settlement holiday, although trading was open. Check this – https://support.zerodha.com/category/trading-and-markets/trading-faqs/articles/what-is-a-settlement-holiday-and-its-impact
Hi Sir, I m Trading in Nifty and Banknifty Only So Can I skip these Modules 8, 10, 11, 12, 13 and 14? and Kindly Suggest Which modules are Purely for Trading
Yes, you can head to the trading module. But its good to know stuff 🙂
I sold my shares for rs 2585
Hi, I think i got into a problem. I purchased 50 Shares of a company on wednesday 3rd aug 2022 for 2582 Rs and I sold them today thursday 4th aug 2022. Now im left with 255. rs in my trading account.
net settlement for equity with settlement number ,with this narration why amount getting deducted from my zerodha ac whenever i sell share.
Its a settlement for you right? Anyway, please do call the support desk for a better understanding of this.
In BTST I purchased share on Thursday and sold on Friday with profit of 6k, but profit yet not added to my fund till Monday night, when will it be added
Yes, please check this article for an explanation – https://support.zerodha.com/category/trading-and-markets/trading-faqs/articles/btst-meaning
On sale holding of equity securities buy in different breck outs can I chang settings LIFO and FIFO
Before sell effect p&l accordingly.
Ah no, that cant be done.
I am holding a NRI Demat account. I have sold some shares on 12th July.. till I have not received the amount to my demat account. It’s already T+2 day..I suppose to receive ok July 14th.
I\’d suggest you touch base with the support desk, Vivek. I\’d not have any information on this.
How can I transfer the sale proceeds of the stock from dmat account to my bank account ?
Yes, you can. You can place a fund withdrawal request from the broker\’s back office. If you are trading with Zerodha, login here – https://console.zerodha.com/
Can I sell my holding shares after market closed?
No Sandy, you cant as markets have to be open for you to sell shares.
What are the benificiary demat charges for settlement that are deducted from my account daily?
Anil, all charges explained here – https://zerodha.com/charges/#tab-equities
I have question relate to fee/charges structure.
If I bought ABC company share @10 rs at 10:00 am and again bought 10 shares at 11:00 am for same and again bought 100 shares at 3:00 pm for ABC only. Will all the transactions have single charges or multiple charges for multiple transactions ?
Depends on what you do later. If it is an intraday trade then all three are considered as a different trade plus when you sell charges will be applied. No brokerage charges if you take delivery.
Hello Karthik Rangappa, I have a doubt regarding buying of shares.
1. On the T-day money gets deducted from the trading account of trader. where does that deducted goes?
2. When did exchange gets the money?
3. What actually happens during clearance day?
1) Goes to the seller via a bunch of market intermediaries.
2) Same day
3) The buyer gives money, the seller receives money, and gives delivery of shares.
Thanks Karthik, Much appreciated
Happy learning!
I sold shares on zerodha on 17th May, my account is not showing any credit.
How long it will take ?
Does running account statement and Bill to bill statement affect credit process?
I\’d suggest you speak to the support desk for this.
When i was trading last time, it was showing that margin available is 12K, but cash available it is showing -3K, is there any penalty for that or only delayed charges have to be paid. does zerodha keeps this penalty and delayed payment charges or it goes to exchange
I\’d suggest you check with the support team once for this.
Hi, I added funds on thursday, did some option trades, and exited all the positions. When can I withdraw my capital and profits
On Friday evening.
How many days I can keep shares in demat account without selling them?is there any charges applied for keeping shares for long time??
You can keep it for as long as you wish. There is no restriction on that, no charges as well.
I seles holding shares in cnc today, I was purchased Rs1574, now I sales that share today at Rs 1600 , but in my balance not settled fully
Hi
If I sell my holdings today and by that amount the same day if I trade intraday in CNC.
Fot it, Do I get charged any penalty?
No, there wont be any.
If I sell a 100 share on T-2 day what are the charges?
YOu will have to pay the DP charges plus statutory charges.
Yesterday my closing balance was 7000 in account. But today opening balance is 5300. Why they cut too much amount.
Please do check with the support desk once. I\’d not know the reason.
Hi, I had some funds in my account. Today I found out that the fund has been removed from the account. Upon checking the statement, I saw something like \”Net settlement for Equity\”. Any idea why this happened and where did my money go? The transaction dates back to 02/05/2022 and it was a national holiday on 03/05/2022 so I take it that I am supposed to wait for the funds to be credited into my bank account till T+2 which is till 05/05/2022.
Is my understanding correct?
okay karthik. can u pls provide me the support contact number..?
Harshit, you can start from here – https://support.zerodha.com/
If i sell all shares on Thursday. Then when i can withdraw 100% amount after all deduction?
Please help
You can on Monday.
Hello sir/ma\’am
i have one query…I have been getting charged additional 20-30rs daily on intraday trading with the statement written as NET SETTLEMENT FOR EQUITY WITH SETTLEMENT NUMBER…I want to know that what kind of charge it is?? Is it a mandatory charge like other charges…?? If not then how to get rid of this additional charge which is not included in the brokerage charges list shown by zerodha on the website…please answer the query ASAP…
Harshit, I\’d suggest you call support for this and figure.
Hi.
In case I buy 100 shares of xyz at 100 rs cnc and if before closing time it goes to 120 rs. Can I sell it .and if yes what will be the charges.
2.
What if I sell on T1 day
What if I sell on T2 day
What if I sell on T3 day. I mean charges for all
Yes, you can sell it off on the same day. If you do, then it will be considered as an intraday trade and charged accordingly. If you sell on T1/2/3 then there is no brokerage charge, but other charges like DP charges and statutory taxes will be applicable. Check this – https://zerodha.com/charges/#tab-equities
If I but 2 share in CNC today @2000
1 same share tomorrow @2005
2 same share day after tomorrow@2008
And sell all share T3
What will be charge and brokrage
Is it 3 trade or 1 trade
Ajit, we have explained the charges here – https://zerodha.com/charges/#tab-equities
Basically, if you have delivery of shares and sell from DEMAT, there is no brokerage.
Hi, If i sell a share on monday when the delivery margin will credit to my zerodha account.
You can withdraw funds on T+2 basis.
I did not got my 17 rupees from the zerodha account.
Hello,
Assume i have Bought 10 shares at rs 50 and after t+2 day(after they came in my demat account) i sold them for 48.Now here is my question
1.Can i buy those shares back if they are availabe at Rs.40 the same day and will there be any penalty or charges other than normal charges for every trade.
2.And will DP Charges be charged for teh sale i made of 10 share and then bought them back or no dp charge will be charged.
3.Will Dp charges will be charged for second time again(if carried for t+2) or if i sold t+1 day. when i sell the 10 share i bought back after selling them first?
1) Yes, you can buy back. No penalty as such. The sell and buy will be considered as an intraday trade
2) No since its a intraday trade
3) Yes, provided you don\’t transact again.
I do understand this but after selling the stock it shows in position as sold holding
So I want to know if I can use this sold holding to make a profit by buying the shares on a lesser amount again .
No, that thing is position will get cleared by end of the day. It is not an actual position.
Hi Kartik sir,
Could you please shed some light on how brokers fix up permissible leverages for intraday trading? Do they use VAR? Also, if the stock moves against the client at a rate that is greater than the original leverage so much so that it hits the circuit, will the RMS of the broker proactively square off the trade the moment margin money becomes NIL or will they allow this trade to move into T+3 settlement a.k.a the auction ? (Assuming the retail client has moved enough funds to cover the margin requirement alone)
And if so, how will the broker collect the balance amount (if any) from the client? Are there practically any client accounts that are classified as bad debts at the brokers end? Is that even possible?
Regards!
Akhil, Leverage for Equity trading is capped at 5X today. This is because SEBI has mandated an upfront margin collection of 20%. So the max you can get on any scrip is 5 times. If the risk is higher, leverage provided will be lower.
When a client takes an intraday equity trade, the client assumes all risks that come with such positions. While the broker can attempt to square off positions, the onus lies on the client. If in the event that the trade has to be settled in the auction market, the client is liable to bring in the debit balance failing which an interest at the rate of 0.05% on such debit balance is charged.
The broker\’s actions for recovering such debit include, but are not limited to: filing an arbitration with the Stock Exchange, serving a notice to the client for recovery etc.
Hey there, I added 3156 rupees in my groww balance and purchased stocks for 3119 and my closing balance was 37 rupees and in the evening. Stock margin was -1157 something and now my groww balance is -1119. I am really scared of my negative groww balance can you please help me understand what is this.
Bharat, I\’m really not sure. You will have to check with Groww team for details.
I buy 8 stocks 6 April and sell it on 7 April with some profit and i again buy same 10 stocks with lower price , 7 April , but the price of 8 share is same as 6 April and 10 share average is showing 8 share 6 April and 2 share of 7 April ..
TArun, I\’d suggest you check with the support team once.
What if I sell a t2 stock on the same day of buying
You cant.
i have sold my holdings for Reliance today and want to re-invest tomorrow. My settlement is yet to occur. However, I have separate margins available (i.e. additional cash)
Am i liable for any penalty?
No, you wont.
Sells done on 31/3/22, DP charges debited on the same day, but sells amount not credited till 06/04/22.What is the reason?
Stocks are debited same day (hence DP charges), and equity settlement is on T+2, hence the funds hit your account 2 days later.
I am a little confused on the following issue.
I am trading in NRML thru margin money.
I book profit of say Rs 5000.00 on sale of RIL share on say 01.04.2022.
Simultaneously I have a debit balance in my utilization account so obviously the booked profit will not be reflected in my withdrawable amount.
Then when will this amount of Rs 5000 be available for withdrawl or will these be utilized to reduce my utilized limits.
Please clarify.
Sarbjit, settlement happens on T+1 basis, so assuming you closed the position on Friday, the settlement will happen on Monday.
Hello sir,
Plz revert to my query..
If I buy a stock for long term purpose. let\’s say today but unfortunately I need money on T+1 day i.e next day ,so, in this case Can I sell that stock on T+1 day.
Will there be any issues with my account in future.
TIA..
No problem as such. But not all stocks can be sold on T+1, so make sure the stocks that you want to sell is permitted.
When I sell shares on Monday exactly when I can get money in my bank account?
80% on T+1 and the balance of 20% on T+2.
I bought a stock for an amount \”x\” and after a few months sold it for amount \”y\”.
y>x.
When I sold the share now for the amount y, the profit of (y-x)Rs didn\’t get reflected in my trading account I received some lump sum with the same amount x that I invested, where is that y-x amount of profit
Divya, you need to wait for full settlement i.e. T+2 days.
Thank you sir!
I analysed the trades in juxtaposition with the settlement mechanism and hence, the question.
Ain\’t the MIS trades net settled? If I am not getting a hit on my demat, did I ever buy anything? Because, the buy deal would crystallize if and only if the ownership of the security passes onto me against which I transfer the requisite money. But In MIS trades, the shares would be directly passed on to the final buyers demat and he is the one who pays for the shares. isn\’t it? My trading account will be credited or debited as the case may be with the differential! So, how are the two trades independent when they are settled net?
P.S. I beg your pardon for I had executed MIS trades years before and I am not so sure about the settlement mechanism these days! But I for some reason believe that they would still be net settled! Please correct me if I am wrong.
Thats correct, Akhil. All MIS trades are intraday and net settled. No shares are credited or debited to your account. But beware, if the stock that you trade hits a circuit, then you could be in trouble.
Hello Karthik sir,
It\’s been a while that I have been thinking of this aspect and would like to know your thoughts on the same! It\’s about the MIS a.k.a the intraday trades under equity segment.
Isn\’t it equivalent to being an intermediary who guarantees :-
1. the buyer of the security; the delivery of x number of shares and
2. the seller of the security; the delivery of x amount of rupees.
To illustrate it better with an example, say I execute a MIS trade by buying 100 shares of BEPL at 132 Rs. a piece and on the same day sell 100 shares of BEPL at 135 Rs. a piece. Thus, I take hold of 100 BEPL shares of the seller guaranteeing him Rs 132 per piece in return and sell those at 135 and return 132 to him and keep 3 Rs per scrip as my commission for acting as an intermediary. Not everything would be this fun had I been able to find a buyer for BEPL at 130 Rs. a piece. Thus, I\’ll put 2 Rs per piece from my pocket and return the guaranteed 132 Rs. to the seller of BEPL. This 2 Rs. per scrip would in turn represent the guarantee cost. Obviously instead of me doing this, my broker would do it and credit my account with commission or debit it with guarantee cost ( plus charge me for transaction costs).
I can construct a similar example for a sell first buy later trade ( Yes! On an intraday basis).
Sir, So here is the question! Do you find Sense in these? Is my logic consistent with the settlement process?
P.S. I\’ve been an avid reader of your content through Varsity and I admire your efforts and thoughts!
Akhil, so the way it works is that each of these trades is an independent trade and one is not connected to another.
Trade 1 – You buy 100 @ 132, so someone sells this to you at 132. Deal done.
Trade 2 – You sell 100 @ 135, so someone buys this from you at 135. Deal done.
Trade 1 is not related to Trade 2.
i sold one share of wipro today at 604 but at the same time my account was credited with 485 only so what about remaining money?
Full settlement is on T+2 basis for equity transactions.
Today\’s back it was showing authorisation for sell shares if typed TPIN. But today itwas not showing the authorisation option. I send Power of Attorney to broker during last week.
Hariharan, did you transfer shares using E-DIS? I\’d suggest you contact the support desk for this.
So a broker gets money 1 day in advance from its customers on Day T before they part with the same to NSE/BSE on T+1. So doe NSE/BSE get it one day in advance it seems before its transfered to the person owning the shares…
A large broker could have a core amount sitting in his bank a/c every day that r could technically be invested in Liquid funds that generate 4% per annum ??? This is free money in addition to brokerage etc already charged
Its not necessary for a customer to transfer money 1 day in advance. If you decide to buy 100 shares today, then just before buying the shares you can transfer the funds from your bank to your trading account. The main point to note is that you should have funds in your transaction before you buy, without funds, the transaction wont go through.
If I have shares with T+1 showing on Holding , and on same day is Ex-date for Corp-Action like Bonus or Split for the stock , will it be applicable for my holding.
Yes, because you would have bought it the previous day.
When will I get the credit blocked in my delivery margin upon selling my share
You get the credit right after the sale.
Dividend tds Applocable on amount 780
Hello Karthik garu 🙂,now the markets follow T+1. It is not updated here.
Its yet to live, Sameer, I\’ll update when do 🙂
hello , i am new in Option trading , i want to know when i buy 38000 CE at.5.13 of 13 lot, and i sell it at.5.55 , i use the brokerage calculator to know my total loss . its saying around 260 but it debit Rs-420 . why ??????
Sankar, please do check the contract note for exact details. You may have other positions as well. In contract note you will get all these details.
I sold 5 TCS yesterday and its still showing in my Holdings. Somewhere I read there will be a negative sign before the number of shares sold. I still see the 5 TCS shares. How do i make sure that the shares that I intended to sell are actually sold. It doesnt shows up in the orders tab as when we but it shows up there
Thanks
You sold from CNC right? Anyway, please check the holdings today again.
Hi, I have purchased some share on Monday (21/02/2022). So on T+2 day which is Wednesday (23/02/2022) I got mails from CDSL that my shares have been credited to my demat account. But in Zerodha kite app under holdings it is still showing as T1.
Can you please help.
Can you please check again, Pronoy?
Hi. I have a very peculiar problem. I wanted to participate in the current TCS buyback (2022). By mistake I bought 53 shares on 21st Feb. Now following the
T+2 cycle, the shares will get credited to my demat on 23rd Feb which is the record date. However i have overshot the limit to participate in buyback retail category(4500 rs × 53 shares= more than 2,00,000 rs). My query is
1. Is there any solution for the above situation?
2. Can i do BTST of 9 shares to be eligible for buyback?
Yesterday I have short selled 100 ambuja cement (ambujacem) shares at 343.50 price . At the end of the day I have exited this trade at 338.00 price. My profit was 550 rupees. Yesterday I received only the amount which I have invested. Today I was supposed to receive my profit but instead of getting profit 81.00 rupees were deducted from my demat account.
Please let me know what is the issue
The settlement is post deduction of applicable charges.
I sold 40 shares of Hindalco on 11.2.22 at the rate of 541.85 and received a credit of 12912.39 on 16.2.22. Can you clarify this accounting.
80% credit on T day and the balance on T+2 (upon settlement).
Sir,if i sell my shares today then my profits will be credited on T+2 days. But when will my starting capital be credited in my account so that I can use it to buy other shares or F&O? Can i buy shares from my starting capital tomorrow or will i have to wait till T+2 day to buy???
You will get an 80% credit of sorts for the amount you\’ve sold, Suman. YOu can use that funds to transact.
I\’m holding stock more than year and if I sold it today can I do trading on the same on that day.
Yes, you can.
What happens to my share price, when when I buy back a same stock that I had sold a day before? Suppose I had purchased a share at Rs100 sold at 150, then again I buy back at Rs 140. I mean buying before it get settled in my damat account. Will it be Rs 140 or Rs100?
It will be 140.
Suppose I bought nifty indexed PE as Normal . Can I sell the same day ? What are the consequences involved ?
Yes, you can Dhirendra.
Hii !! I wanted to ask about the amount of brokerage that will be charged on a transaction of rs3400 equity … actually rs13 was charged for the same so wanted to enquire.
Its 0.03% or Rs.20, whichever is lower. Check this – https://zerodha.com/charges/#tab-equities
I have a specific question which I couldn\’t find in all your support. Here it is with example:
21st Monday I purchased A share 200qty cnc mode
23rd Tuesday again in cnc purchased same share 100qty.
Selling sames share qty 100 on 25th Thursday in cnc
My question is that as of now you are not taking this Share from my credited demat account but taking this your pool account which was not yet credited to my demat account.
I want you to take it from my demat account instead of from your pool accont because every transaction is done I cnc mode.
How could I achieve this. Please reply
All shares are credited and debited from your demat account only. 21st shares will be fully settled on 23rd i.e T+2, 23rd shares will be settled on 25th.
Hello,
I hope you are doing well
My question is I want to sell my account shares and at the same time same shares I want to buy at almost same price in my wife account. But i don\’t have funds to buy, the funds which will come on the ( T + 2) ….. After 2-3 days price may flactuate a lot, this is what I want to avoid.
Is there any solution for this.
Can i transfer the shares and get them reflected in my wife\’s account.
Thanks
No Praveen, in fact after you sell it takes T+2 days for the funds to fully settle, after which you will have to withdraw the funds from your trading account to your bank account and then transfer to your wife\’s account. So for all practical purposes, buffer T+3 days.
I sell my Holding shares today. Can I again buy same share on same day in cnc.
Yup, you can.
Hi Karthik, i sold some shares on Tuesday that\’s is on 25/02/2022 but still my profit is not credited whats wrong in it.
Settlement is on T+2 basis. I\’m not sure if there were other orders you had placed, please do check with the support team once.
Will You Transfer Shares or Stocks from Another Trading Platform to Zeroda??
I Have Many Question s Before I Move to Zeroda So
Please do ask your queries, I\’ll try and help you with it.
My intraday charges is deducted from fund and profit also..why ?
Please reach out to the support desk for this, Aditya.
What is pending obligation in statement
It shows i have a pending obligation of 500 what does it mean… I have to pay this money
Obligation means that you owe either money or shares. So looks like this is a cash obligation due from your side.
Can we buy the t day stock again in same day at same price.?
Same day yes, but the same price depends on the availability in the market.
I plan to switch to zeroadha, since my current broker not Clearing and Settlement within T+2 Day, some times they took T+5days. Few occasions i missed dividend/bonus shares.
should I report to sebi?
Thats strange, all brokers should settle EQ within the T+2 basis.
In the example stated, what would be the charges deducted when the Stocks are sold, and how much would be credited in the Account, an explanation with the example is really appreciated
I\’d suggest you check this – https://zerodha.com/charges/#tab-equities
In cnc if I buy stock at price 110 on 1/1/2022 and on 2/2/2022 I sell stock at price 150 at 2 a.m and at 3.2 am the price is 90 then what will be the calculation profit I will get and what will be settlement process
For P&L, the price at which you buy and the price at which you sell matter.
Hey Karthik! Many thanks for such crisp and clear articles.
I\’ve gained some doubts from a question that a user had earlier posted. Kindly clarify!
1. \”If we buy an equity today and we sell them on the same day, it will be an intraday trade. In this trade the equity never actually hits the demat account but we only trade the price difference.\”
Q – What exactly are we transacting in an intraday trade?
Since traders in this format are essentially trading price differences, and given the fact that an intraday trade doesn\’t credit tangible shares to a user, are intraday traders buying and selling SHARES?
The only way this would make sense to me is if an intraday trader is in fact an owner of a share but the ownership is time restricted to a day.
THIS LEADS ME TO MY NEXT QUESTION –
Q – If a buyer A places a CNC order of a share X at price Y, and a seller B places a MIS order of share X at price Y, would this result in a trade? Note that buyer A wishes to go long with these shares.
1) Yes, think about buying a 200 Rupee movie ticket for the morning show and your friend asks you to sell him that ticket for Rs.250, this is an intraday day trade on the movie ticket. Its the same with stocks.
2) Yes, as long as the price for the buyer and seller match the trade will go through.
I want to know if I buy any stock shares in 10 Quantity then again buy same stock share in 1 quantity then at the time of selling how much brokerage charges it will take ? Double as usual ? Because I bought same stock shares but 2 times so will it cost double the brokerage or normal ?
If its intrday trade, then its 20 per order. If you are holding this for a day or more, then there is no brokerage.
Now its t+1 only due to advancement in efficiency. So what happens to BTST trades?
I sold my stocks on Monday, but still the amount is in unsettled credits, its Thursday today. Why so? And when can I expect it to go into my withdrawable
The settlement happens on T+2 basis. Did you have any other positions? I\’d suggest you speak to the support desk about this.
I have bought share on Tuesday 11 Jan 2020 in cnc stock .today is t+2 but still show t+1 what is the reason when I get my stock in demat?
Please do check by the end of day, else I\’d suggest you speak to the customer desk about this.
We can buy and sell the order on the same day but it will be credited on our account on t+2 day ,right ?
Yes, the profits made on the intraday trade can be withdrawn on a T+2 basis.
Suppose I\’m having 100 stocks of Reliance as a investment perspective at price 1000 & after months I buy 50 shares at price 1200 as for Swing Trade and when it hits the target / Stop-loss which share will be sold?
The shares will go on a first in first out (FIFO) basis.
Hi, I owned a stock for an avg of ₹815. I sold it at 883. However, I received only the 815 on the sold date(today), will I receive my profit on a later date?
Yes, you will on T+2 basis.
Hello, can someone help me regarding this
Case 1: I bought 100 shares of X on some day and 50 shares of same company after some days. But sold all 150 shares at one go. Will DP charges will be applied twice during selling???
Case 2: Same case of buying as above. But sold on two different occasions. So now DP charges will be twice applied???
Case 3: Now bought once and sold twice. Again what about DP charges???
Case 1 – It will be applied once. DP charges are based on sell only
CAse 2 – Two different charges.
Case 3 – Same as 2
monday i brought a share in cnc . tuesday i sold . At evening the profit amount will appear in my account (appear in account sheet) but on wednesday the amount will disappear in my account why????
Mukesh, I\’d suggest you speak to the customer support desk about this.
Please sell my nelco sher
I sold the ipo on 31/12/2021…today it it 4/01/2022…wen will the amount be credited to my account?
Gunjan, equity settlement is on a T+2 basis.
After 5 days I sold 1 share Rs 967.55 and 1 for RS.1319.30 total RS 2286.85
I got Total net amount RS. 1790.86 why this defense
Thank you
Prakash
You need to talk to the support desk about this, maybe you had other positions squared off.
If suppose I buy the stock in CNC then the shares will be deposited directly within T+2days.
IF the stock is sold then it also requires to be executed in T+2days
If I have traded in MIS then funds will be received if i sell the stock within the same day.
Also if I buy in MIS will the shares get transferred within minutes?
Is the trading platform in zerodha different from the CNC platform if yes how I can access each one. On phone
Yes, that is right. Not sure what you mean by the CNC platform. Can you kindly elaborate on your query?
Please help me with the following understanding
If I buy the share using MIS then
1)Will the shares get deposited in demat for the day.
2) Will it automatically be sold before the trade day closing.
3) If the stocks gets sold automatically is there any algorithm that the share will be directly sold on the higher price of the Ask price slot.
A) If I am shorting means immediately if I had buy the stock I experience uptrend for 3% and if the stock keeps falling then I sell.
B) For longing means to carry the stock for more than 1 day like CNC?
Kindly help.
1) No, shares won\’t hit your DEMAT since it\’s MIS. Positions are squared off the same day.
2) Yes
3) Nope, the sale happens at market price
3 A & B ) Yes
Hi sir,
I purchased shares on Monday, on Wednesday after opening of market I sold it at profit but when I totalled the negative margin with delivery margin, it’s not including the profit and is less than initial share price. So what I’m missing or what mistake I did ?
I think it\’s best to get in touch with support for this. Not sure if you had any other open position here.
Karthik sir, I have one doubt that I bought the shares today on delivery mode and sell the shares on the same day what is the applicable charges.it will be deducted as per the intraday or delivery.
The trade will be considered as intraday, and hence intraday charges will be applicable.
I have sold my holdings on 01-Dec-2021. But still selling price and selling value is not reflecting in my combined statement. It is showing \”Unrealized P&L\” for the same till today. Why like this?
Khadar, can you please check the support desk for this?
how to you how to you
Can I sell F&O stocks holding in cash on T+2 days please.
Sorry, dint get that. Can you elaborate on your query? Thanks.
Hi
I have bought 10 shares for 80 last week and 5 shares for 60 this week. If I sell any of the shares in T1 or T2, whether it will calculate loss from yesterday\’s cost or the average cost
Nish, your buy average after you buy 5 at 60 will be the weighted average of both the buys.
If I sold my shares of x company where will they reflect after sale please because the sold share amount is not reflected in my funds yet even after 7 days
Prashant, I\’d suggest you please speak to the support desk about this.
I bought a share in CNC, but sold the share on the same day for Rs. 2000 profit. But the profit isn\’t showing in my funds. I have the same amount in my funds as I did before the purchase. When will it be reflected in my funds?
It will be settled and free to withdraw on T+2 basis.
Please advise ,for example. I am selling my share on particular time like 10 am today ..So please advise when will get the money on same rate or it will be different .
Please clarify it is confusing for me.
Parimal, this depends on your buy and sell price right? The timing of your transaction does not matter.
If i sell of x company shares i got i got +10000 but total intraday p&l is -6000 but profit of +10000 will credit after t+2 days or this x company profit been included in total p&l only
It will be adjusted and the balance will be settled.
Shares bought are showing T1 even after 2 weeks..can you please explain why?? Thanks
Please do call the support desk for this.
I sold stock on friday wjen will i be able to withdraw my money
Yes, but on Tuesday.
I have stock in my DP, what if i sell it on a particular day and buy back at lower price same day….will the brokerage charged as per CNC or intraday
It will be considered as an intraday trade.
Dear Zerodha,
When I try to sell and buy back the same stocks (which are in my account), Iam being asked for margin. Previously it was not so. Can you please explain it.
You must have some other position?
Hi I have a question. I invested Rs 9980 in a share and sold it at a profit of 18.50%
Hence I should be getting Rs 11826.30
However my wallet has been credited with 9388. Even lesser than I invested.
I understand the money will be usable in 2days time but it should show the correct amount at sale.
Please help me understand this.
YOu get credit to the extent of 80% and the remaining amount on T+2 basis.
Hi, i have sold my shares on friday 3rd dec 2021, but i dnt see any amount credited my bank account linked to zerodha or i cant find any amount in \”Funds\” section in zerodha mobile app..where can i check if the money was credited or the status…FYI: I bough the shares for longterm but i sold them within 2weeks
Praveen, I\’d suggest you call the customer support desk for this.
Hi, I am a new trader who wanted to know if I buy 1 share at Rs. 200 and Sell the same share at Rs. 203 on Intraday, I would have made 3 rupees profit in sense, but after I buy and sell what charges will be added to my account? I read on Zerodha charges equity intraday Rs. 20 per order, I wanted to know will I really make profit or its a loss. and Whats the best strategy to follow? Any expert trader can also answer
Nisarg, I\’d suggest you use this calculator to figure the exact charges – https://zerodha.com/brokerage-calculator/#tab-equities
Sir,
I have sale my shares on 02/11/3/2021 but amt is still not credited in my account
Suggest you please speak to the support desk about this.
I sold 400000 shares of SCTL on 29th November but the fund not received so far nor it is reflected in the account anywhere
I\’d request you to please contact the support desk for this, Ashok.
Lets say I bought 1 same stock everyday for 5 days and after a month I want to sell one of the 5 stocks then which stock will be sold the one which I bought on the first day or 2nd or 3rd or 4th or 5th day
In short , is the latest traded share gets sold off or the oldest traded share
Please do clarify
Yes, it is on the first in first out basis.
New Zerodha/ Stock user:
I want to understand the tax implications in terms of deductions:
if I sell the shares say in 2-3 months:
– is the tax deducted by Zerodha or is it us who will declare it in our ITR?
– If I do the selling and re-invest the same without transfer funds back to my bank will it be considered for taxation??
We don\’t deduct taxes, its up to you to declare it in your returns filing. I\’d suggest you speak to your CA about this.
Recently i realized in intraday MIS trades if there is profit say 5K it gets credited on T+2 day, on the other hand if there is loss say -5K same will be deducted from account on T+1 day itself.
is this correct or am i missing something???
Thats correct, that\’s how the settlement process works.
What about intra day selling and buying how it works behind
Intraday derivatives are settled on a T+1 basis and Eq on T+2 basis.
My Pending obligation/unclear cheques are showing nagtive balance ??? Plz give any solution????
Sanket, I\’d suggest you speak to the customer desk for this. Thanks.
What will be the charges to sell the 10 shares 3 months after we buy?
No brokerage charges applicable for this.
You stated on 28 Sep 2018 that
1) We provide you credit to the extent of the shares sold on the same day. So you can buy Y shares the same day. But do account for the applicable charges
2) Its the same, you get credit to the extent of sale. So you can buy shares of Y the same day.
I have a NRE ACCOUNT and I recently sold a lot of shares but no such credit facility i could see on the app. Will have to wait for 3 more days again to trade is it ?
Avi, I\’d suggest you create a ticket, one of my colleagues can look into the details and get back to you soon.
The CNC shares buy and sell same day? if not please explain…Thanks in advance
Yes, you can.
Everyday i carry both PE nad CE positions overnight so that i square off the position thats in profit the next day. I keep the liss position until expiry day so that i offset my loss. However the day\’ profit is not getting added to my funds. Plz explain??
It does get added, Balaji. I\’d suggest you call the support for this for clarification.
Hi, I am totally new to trading. Let me know whether CDSL authorization is mandatory to sell the shares?
Thanks 😊
Saad, if you\’ve not given POA to the broker, the TPIN is mandatory else not required.
T+days are based on shares? All shares are on T+2 day basis. How do I know tha
Yes, T+2 settlement is for all shares.
Sir,I bought some stocks in cnc on Thursday and sold tht on tht day itself.friday is govt holiday .my ledger balance shows my money but I can\’t withdrawal it.today is tuesday. when can I withdrawal it?
YOu should withdraw by Wednesday.
I have purchased bonus shares before ex date but now can I sell my share before record rate?
You can sell anytime, but if you sell before the record date, you won\’t get the corporate action benefit.
Is the Procedure same to buy index fund
Yes, its the same, Naresh.
Eg. 1,000,000 share suppose some one sell and limit price is Rs. 50 but after 500,000 shares are sold price dips to Rs. 49 what will happen to the remaining share? Will the order be executed at Rs. 50 or it will return to my demat account and order cancels for remaining units?
This is a case of partial fill. The order will remain open and keep getting filled as and when the quantities are available for you.
Say I sell some shares today ie 10.11.2021 and the settlement is T+2 ie 12.11.2021, will I get the shares back without any changes in Average cost and without putting in more money if I buy the same quantity of shares tomorrow ie on 11.11.2021?
Amol, bit confused. If you sell, share are debited from your account and funds are received on T+2 basis. There is no getting back of shares as such.
I m holding 100 shares of Shail and co declared divided record date 9th Nov and on 9th Nov I sold the shares. Will I get dividend as you explained share will be Dr in my demat account T+2 days. Pl clarify
If the record date is 9th and you\’ve sold on 9th, then you will get the dividend.
I don\’t want to withdraw but wanted to re-use it for buying shares. It\’s showing nowhere in the funds tab.
Please login to your Kite account and check the dashboard. Í\’d suggest you do this on Monday.
I bought and sold shares in CNC of IRCTC on the same day. Why my profit is not reflecting in funds?
Yes, it will. You can withdraw the same on T+2 basis.
Sir, if I gain some amount from intraday for ex: 1000rs,after T+2 day the available funds are showing 1000 plus,but why can\’t I withdraw that 1000rs to my bank account
You can withdraw this on T+2. No issues there.
After sealing my stock the dilivery margin is 11,177rupees but when its added to fund balance in nxt day the amount is 10979.. Why the charges are applied where is the remaining amount
Sandeep, I\’d suggest you speak to someone from the support desk about this, they will explain.
I have brought share on 27 October but on 29 Oct its showing T1
Please check the status again, it should be settled in your demat account by now.
Can I sell my share in T2. will it be charged if I sold it?
You can sell shares from T2, there is no brokerage charged for this, but DP charges will be applicable. The list of charges are mentioned here – https://zerodha.com/charges/#tab-equities
Hi,
Good morning Hope this message finds you all well. This is a great platform for exchanging valuable knowledge.
My query is:
I have sold a share after closing ( at 9pm) . What happens in this case?
Thanks in advance
Kind regards
Since the market is closed at 9PM, your order will be rejected by the system.
Hello Sir, My question is if I purchased a share yesterday and sold it today so will this be called short selling and if I didn\’t purchase these shares again then what will be the consequences! Please help me in laymen language to understand this concept. Thanks
No, that won\’t be considered shorting. Shorting is when you sell first and buy it back later. You can read more about it here – https://zerodha.com/varsity/chapter/shorting/
I bought srf share on 8/10/21 and exdate was 13/10/21 so will I get bonus shares or not 9/10/21 and 10/10/21 were Saturday Sunday I\’m really confused
Yes, as long as you buy before ex-date you will get the corporate benefit.
1. Why my share sold automatically Without TPin Authorization in zerodh when gtt is triggered? I have purchased few minutes ago and it was triggered in market time it was sold automatically .
2 why I\’m not able to withdraw from funds
It shows ledger balance and showing minus in equity in console
Why so
1) The TPIN auth is only for debits from Demat, since you did an intrday, there is no tpin required.
2) For this, I\’d suggest you call the support desk, Neha.
I wanted to sell shared I bought on BSE in morning, but ended up selling them on NSE. Would it attract short settlement penalty and if yes, can it be avoided by buying same no of shares tomorrow morning..
If its an MIS trade, then it will be squared off on both exchanges.
I bought 10qty of trident today for long term and need to sell them when I reach 100/- profit(I am a beginner) so how do I sell them. I am getting confused by watching the video mentioned.
The easiest way is to track the prices every day and sell when you think it\’s the right price to sell. Alternatively, you can use this feature – https://support.zerodha.com/category/trading-and-markets/gtt/articles/how-can-i-use-the-gtt-feature
I sold 7 shares. Bought value 26100.
Sold it when the loss was 1600.
And the amount available for withdrawal is around 19000 is it right ?
Wait for T+2 for full settlement.
WHAT ARE APPLICABLE CHARGES WHILE SELLING THE CNC STOCKS. IN WHICH SECTION OF VARSITY THEY ARE EXPLAINED? LIKE THE BUYING CHARGES ARE EXPLAINED IN THIS SECTION , FOR SELLING CHARGES ONLY APPLICABLE CHARGES TOLD
There is no brokerage charge as such. Check this – https://zerodha.com/brokerage-calculator/#tab-equities
I purchase 10 shares of adanitrans-BE
On 14 October 2021
But not sattale in my demat account till now
Why???
I\’d suggest you call the support desk for this.
When I sell my holding share how much amount do I have to keep in my account as margin money..
After selling it shows margin at 2 places first in \”margin used\” and second is \”delivery margin\”, which one should I keep in account as sufficient balance.
And should I keep this money till settlement or just for a day when I sold my shares.
I\’m guessing you are talking about selling from DEMAT. No margin is required for selling stocks which is already in your demat.
I brought 100 shares at 100 on Monday, and sold next day (Tuesday) 120, however I can see that still in position, On same day after few min I can see this share went to 110, can I close that position to buy again? in this case can I get 10 rupees profit in my account and do we need to maintain any amount do that? Any Articles on this, pls suggest
The sale of shares and buy back the same day is considered intraday and the shares in you bought y\’day will get delivered to your demat.
I just placed an cnc order for a share and it is not showing in my investments and holdings.
Will that take time ?
It will show up in T1 quantity t\’row and in your portfolio on T+2 basis.
F&O contract note settlement number and settlement date not showing ?
I have a question related to BTST.
1) I. Have a stock of reliance I bought in 2007 at 300 rupees And in 2021 I decided to buy a 10 shares of reliance at 2700 rupees. Next day it starts to fall but still I have profit from previous day . I want to sell my T1 HOLDING. How it will be settled as per sebi rule and zerodha implementation. As I have 50 shares in my holding.
Sir.
For ex. I have 50 share of company A in delivery in my demat in date 01.1.2021 .as i buy new 100 share of same company A on 02.1.2021 . Now i want to sell all share on same day i. E 02.1.2021.. So please tell me how they settle.
1. Are they all counted in intraday selling?
2. can i sell only that 100 share in same day! If yes how i can know.
3. Can i sell only that 50 share that already in my demat account separately?
1) Shares bought and sold on 2nd is intraday. Shares bought on 1st is held in DEMAT
2) You mean to say that you want told 50 bought on 2nd and sell 100 bought on 1st? If yes, then you will have to sell 150, but this will ensure you sell 100 + 50
3) Similar to above
Sir, I have shares in cdsl demat account opened through Zerodha it was under cnc, it was for long term, oppertunity arised for short term, how to sell these shares enlighten me
Goto your holdings, click on the context menu and then click on the exit option. This will ensure you exit shares from Demat.
If I sell 5 different shares on a day is dp calculate for each share or in total?
Note: these are long term stocks
DP charge is applicable on a per scrip basis. So if you sell 5 different stocks, then the DP charge is applicable individually for all the 5 scrips.
Sir
Maine 12 Oct ko 25 delivry share buy kiye margine use karke mere account me use share ke cost se bhi jyada fund tha agle din vo minus bhi ho gya mere account se fir bhi mera balance plus me hi tha tabhi maine agle din 13 Oct ko vo share sell kiya. Sell bhi huva. Pr mera invested cost fun dme nahi aaya. Orseor mera balance bhi minus me chala gaya. Pls sir bataiye kya huva hoga. Or mera balance refund kab hoga
I sold my stock on a renewable energy company 7 days ago and haven\’t received the refund on my demat account yet. Why is that so? This seems to clearly get over the T+2 timeline
Yes, it\’s T+2. Did you have any pending debits? Anyway, please do call the support desk for this, they will help you better.
Suppose i have 100 shares Costing rs 5 per hence total cost rs 500/- Now suddenly shares are trading at 50 at 9.30am and becomes rs 5.10 on end of the market(3.30pm) . Now can i sell them immediately when price is 50?? Will there any buyer be available?
Yes, you can do an intraday trade. But ensure your stock is eligible for intraday trade. Check this – https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/intraday-orders-not-allowed-for-some-stocks
Hello sir myself sonam nakhate zerodha has debited 3600 rs from my account as net settlement with equity. What is this can u pls exlain
Can you please check that with the support team, Sonam?
Hi.
I want to no what is 80% and 20% I get in cnc stock sold.
When I get ans how much for rs 10000.
Like 10*100= 10000. I buy on Monday
Sale 10*150= 15000. How the find will come?
When you sell a stock, 80% of the credit is received on the day you sell the stock, the balance 20% is received on T+2. Please check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Have shares in demat with different entity for instance Kotak Sec ,, so Can I sell shares in zerodha platform
Yes, you can transfer the shares to your Zerodha Demat and sell them. Check this – https://support.zerodha.com/category/account-opening/getting-started/other-queries/articles/how-do-i-transfer-shares-from-another-demat-account-to-my-zerodha-demat
I had bought a T+2 stock on Friday (Paras defence) , the settlement day (T+2) for it is today (tuesday) yet the shares have not been credited with my account, I would like to know
When the shares will be credited in my account, and at what time I will be able to sell it (as early as possible) ?
Yes, it should be. Please check your T1 holdings.
I sold stocks on Tuesday last week. I can see sell request in ledger, still funds are not credited in my zerodha account even after one week. There were no holidays except weekends.
Settlement is on T+2 basis.
if i have my holdings i.e have purchased 100 shares of tata power 10 days ago now i sold them in morning , now it will show in my positions and assume price falls by 5 % , after this i want to square of this so that i can get all my tata shares back and get that 5 % profit which hapened due to price fall , is this posible or there are anything wrong in it
Yes, the sell and buy transaction will be considered as an intraday trade and you will get the profit.
Hello Sir, I have a query I sold my shares at Rs. 2282.35 but available margin is showing of Rs. 1825.88 only.
Why is it so? How many days it takes to get reflected the full amount in available margin?
You will get the full amount on T+2 basis.
Sir i bought bajajfinserv on 21th sept for rs 17200 on delivery and sold it on 23rd for 17800 but now the stock has gone short deliverd . I didnt receive any messages or mail from zerodha about short delivery and now its almost 2 weeks my fund balance is showing as zero.
I\’d suggest you reach out to the support team for this. Unfortunately, I won\’t be able to help much.
Hi i have sold my shares on thrusday (30sep 2021) the funds show me in my available margin but when i cick on withdrawa it shows that i have -35. I am unable to withdraw money can someone help as it is monday today and there is no money in withdrawa segment
Please do call the support for this.
I bought a stock one month back now tried to sell it. All the procedures went well. Have to wait for 2 days if that’s the case why zerodha UI doesn’t notified us in the application level. Why I can able sell the stock which already sold on the day
Sorry, dint get that, notify you about what?
I have bought Vijaya diagnostics shares of quantity 28 for rs 14868/- and after 3 weeks I sold it at a profit of 1000/-. But my account is showing the balance as 12788/-. I don\’t know why? Could anyone explain me?
Please check the account on T+2.
If I sell a share before T2 will it be sold for market price or will it be sold for the price that I purchased for ?
It will be sold at the price that you actually sell at.
I buy a prismx share(CNC order) on 24/September(Trade day) but share is going for a lower circuit day by day. Can I put AMO order on 27/September(T+1 day) For 28/September (T+2 day). Is there any kind of penalty?
No penalty as such for placing AMO. But are you sure this is not in ASM/GSM category?
Aa we all know about the new SEBI margin rule, my question is how it will impact the intraday. And what changes occur in CNC after this.
Intraday margins are now restricted to just 5 times, Mohit. That\’s the key takeaway 🙂
Is there a penalty if i sell a stock on MTF (for profit) and then rebuy it same day??? If yes what is it??
Not sure what you mean by MTF. But you can short and cover the same day.
Hi,
If I sell the stock after a week of buying, when will I get back the money after selling the stock.
For eg: If person A sells 5 thousand rupees worth of shares on Monday, when will the amount be credited to the demat account?
80% credit on the day you sell, 20% on T+2, which means you can withdraw this amount by Wednesday.
Please give a clear explanation on the below(very basic):
If i buy a share today say for 100 rs as CNC (investment).
After say 10 days its value is 500
How much will be the exact net amount i will get after all deduction.
Here without any deductions profit is 400.
You can know the exact amount here – https://zerodha.com/brokerage-calculator/#tab-equities
Hello,
After split can i sell a stock before split stocks getting credited to my demat account?
Because this split stocks takes 4days to 1 week to get credited into demat account By then we dont know how market will react. Many times after split stock falls before you get the split stocks.
Yes, you can.
Hi Karthik,
If i sell all my shares today then what price i would get, after all necessary deductions, the price at which i sold them today or the price they\’re after t+2 days ?
The price at which you sold the shares.
Ex-date of dividend of BPCL shares is 16th September (Record Date is 18th September), If I purchased the shares on 15th September at 3.25 PM will I get the benefit of dividend ?
Yup, you will.
I have bought shares on CNC and sold them on the same day but profit is not showing in my account. why ?
P&L will be settled on T+2 basis.
Hello, I am a little confused I sold a stock for Rs5170 and the amount in my fund balance is showing 4130. I can\’t where my Rs 1000 are deducted. Please help.
You get 80% on the day you sell and the balance on T+2.
Sir,
In mis order if i buy and sell shares
In one day
Will the brokerage and other charges will be zero
No, intraday charges will be applicable.
There is 100 rupees share that 5X showing for intraday equity. I have 10000 rupees in account, I can buy 500 shares (500*100) and after some time, I sell it for 500*102, like in this share scenario how many times I will do the intraday trading in one day with that 10000 rupees only? Please can you help on this query.
YOu can do as many trades as you wish for intraday. But please be aware, do not overtrade just because you can trade as many times as possible.
What happens if I convert f&o position into mis and forget to sell in whole day. How it will be settled and what will be the charges ?
It will get auto squared off.
Thank you Karthik for your quick response. I have one more query
1) I am planning to buy intraday equity (ex: SAIL at 120), I am getting 5 times extra and I have 60000 Rupees in zerodha, so I can get 2500 shares for intraday.
if I sell on that same day once all with some profit/loss, so I can\’t use that 60000 again for intraday right? or still I can use intraday using that 60000 and how many times in a day?
or since I sell that and 20% margin required as per the rule, all those 60000 not available on that day, if yes, when it will be available?
Thanks
Nikhil
Yes, the P&L will be available for withdrawal on T+2 basis.
Hi, Please can you clarify on below queries.
1) If I buy 100 shares on Monday (ex: SAIL at 120 Rupees) with CNC, Later it went to 125 on same day. I know I can sell on same day after converting to MIS and exit, In this case can I get 100*5 rupees (of course in that 500 rupees minus all required charges)?
2) Same shares purchased through CNC I am planning to sell on T1 ( Tuesday), in this case no need to convert just exit and give the price? In this scenario only taxes will deduct (no Zerodha delivery charges) and remaining profit/loss will debit/credit on Thursday right?
3) Same shares purchased through CNC I am planning to sell on T2 ( Wednesday), but showing as T1 in my holding not T2, in this case also same applicable like question 2? I assume no extra charges, since SAIL is liquid stock?
Please can you confirm, Thanks in Advance.
1) That\’s right
2) That\’s right, but you will be charged DP charges for this
3) Yes, same above.
is reflection of shares in demat account for buy or sell irrespective of holidays is t+2 days or t+2+holidays pl clarify
No, excluding the holidays. So you buy on Friday, then you get shares on Tuesday, Sat-Sun being off.
What happen when I buy share as cnc and sell same day, this is right process are risk, what happen in that case.
The trade will be treated as an intrday trade and brokerage will be charged accordingly.
Sir, I have X shares bought and sold on T2 before crediting in my demat. Will it be charged?
I guess you are talking about DP charges, yes, there will be DP charges applicable on BTST trades.
If today i sell my shares, I got 80% credit we can use that credit same day for buy other stocks.
Yes, you can.
Can I sell my stocks on Ex dividend date and still receive the Dividend?
You can sell on the record date.
Net settlement for Equity with settlement number: 2021163 = Some amount
I am able to see only this settlement number in the statement. But how do i know what happened in that settlement? How can i see the statement of that particular settlement number.
It depends on what transaction you have carried on. If you have sold, then the settlement is to get funds against the sale. If you have bought, then the settlement is about getting the securities.
What happens if I sell shares and the same day price increases?
Can I buyback shares at same previous price and sell them at higher price?
Yes, you can. Thats an intraday trade.
I am quite confused regarding BTST trade, can I buy the share today and sell it tommorow if my stop loss hits, but it is T+1 days, will I be penalised all the some for such trade or sometimes?
No, BTST is allowed. No problem as such. But do check this – https://support.zerodha.com/category/trading-and-markets/trading-faqs/general/articles/btst-risk
sir suppose i buy 200 shares for rs 1000,and after one year i today i sell it,,and trading account is filled with 160000 (80%) instantly,, after how many days i can use this particular 80%of amount i.e.rs-160000,for purchasing other cnc shares
You can use the credit right away, Subhadip.
Hello Karthik, my qty shows \”0\” for equities bought under CNC and a small font T1 with quantity and the zero next. It takes like a week for holding quantity to show up on the holdings page, before which I\’ve sold them off. Probably I\’ve paid tons of DP to zerodha. As just now by reading this article I got to know on DP chrarges.
Zerodha is pretty chaotic. Especially when I try to raise a ticket and I have to go by default question which doesn\’t even fit to my query.
Everything is everywhere. Too much of unstreamlined info. Too many messages and mails.
I used to trade 13 yrs ago on with tiger, now just got zerodha. The customer care sucks
I don\’t get answers to my ticket.
Who do I contact. Seriously!! I mean seriously, I bought some 200 equities of a particular company that shows on the contract and not on trade book. It didn\’t show on holdings either. Zerodha sold it because of their own technical glitch. I know what happened. Raised many tickets, no reply. Shame!!! Unethical to not respond, unethical to not own fault of technical glitch.
I\’m really interested to hear how zerodha sold my equities I bought around at 2pm at 12pm🤣🤣🤣🤣
The contract shows so. Now I feel I should not have bought those shares.
The buy and sell execution is so delayed, ine doesn\’t know if the order is executed or pending for atleast 5 min. This delay is not worth it. As in 5min I would have lost a lot.
I\’d suggest you call the customer desk for a quicker understanding. Sorry to say, but some of the things you are stating does not make sense. I guess there is a gap in understanding. PLease do call the customer desk and they will explain.
Hi,
If transaction date is supposed the record date of any stock for dividend. So as per the above process it will be in my name T+3 days. So will I get dividend for such stocks.
As long as you buy before the record date, you will get the dividend.
Hello dear,
If i buy share on T day then can i sell on T1 day ? How many days that fund transfer in my account ?
Yes, provided the shares you bought does not belong to the trade 2 trade segment. Funds are settled on T+2 basis.
I have sold 10 shares when can I see my 100% amount in my zerodha funds
On T+2 basis.
I am unable to understand that recently just newly generated password is showing response as forgotton password! The same event is happening about T-pin also sometimes.Kite opening pin also got some fault and re-generated.I just gone through with new support code.Why this all happening?
The system is prompting you to reset the password and T-pin, just to ensure your account is secure. Thats it.
Hello sir
If I buy cnc 100 share of Tata Power rs 105 on 1st Jun and sell 23 aug of rs 123 . How much amount credited to my demat trading a/c and saving a/c ( include deducting charges)
Please check this, Sneha – https://zerodha.com/brokerage-calculator/#tab-equities
Hi
My question is if I sell my stock while the price is going down gradually setting with stop loss by GTT, there is any Tax like IT will be applied?
IT will be applicable based on your overall income slab.
what happens to the intraday profits earned on a friday …..is it credited to total funds on monday or saturday?
For Eq its T+2 settlement, for FO its T+1.
I sold a few stocks today, but did not recieve the full amount in my funds. The difference is more than ₹1000, so it is not just charges that is deducted. This happened twice today, is this a technical error or something else? Please guide me. Thank you.
The day you sell, you get credit to the extent of 80%. The balance of 20% is on T+2.
If I sell stocks on monday can I get the money on monday to buy other stocks?
Up to 80% credit is what you get on day 1, balance 20% on T+2.
Sell process is not very clear. Also ledge is quite confusing. When i sell stock , some amount gets immediately credited. How that amount gets calculated. I believe remaining amount is deposited in T+2 days. However tracking this in ledge and order book is quite difficult in case of multiple buy and shares. Can you suggest how we can better track.
80% is credited on day 1, 20% is credited on T+2.
I purchased shares on Monday 16-8-21,can i sell it on Wednesday 18-8-21..is there any charges for it.. When my amount refund
DP charges are applicable, Narasimha.
Aug 16 is T+2 day right? its a T+1 because 16 Aug it clearing & Settlement Holiday. evening check the console may be reflected quantity.
Hi,
I bought few shares on August 12th, Aug 13 is T+1 day, Aug 16 is T+2 day right?
Now the bought share has not been reflected in Qty Column and it is shown as (T1: 5)
Please can anyone tell me what to do next to get those share in Qty column.
Please call the support desk for this, Abraham.
i have short sell VIPIND [email protected] Thursday 12 August.
My Query is T+2 days is 17 Aug 2021 so is posible this date is Auction my Short share.
please clear my doubt……….
Short would have been covered the same day, please check the contract note.
Let\’s say i buy shares on Friday and on monday there\’s a festival & market is open but its no settlement holiday in this case will my shares be reflected on Wednesday as t+2 days completed on Tuesday or the monday which is no settlement day will not be counted and my shares will be reflected on Thursday?
If its a settlement holiday, then that\’s a day off, and settlement will get pushed by a day.
Hi,
1. If I open DMAT account with zerodha, do I need to open a trading account also.
2. What is the process for linking all 3 account .
3. How can I add money to my trading account and withdraw from trading account to bank account.
4. What are the various platform of zerodha for trading .
1) Yes, thats right
2) You just need to open a trading and demat account, please follow the process here – https://zerodha.com/?ref=varsity
3) Check this – https://support.zerodha.com/category/funds/fund-withdrawal/articles/how-much-time-does-it-take-to-process-a-withdrawal-request
4) Kite for EQ, FnO. Coin for Mutual funds.
I sell rs.6250 share but instantly credit rs.5000. where is the my money?
You will get it on T+2, Sudip.
Hi I placed an order on Monday and money got deducted from my trading account. I sold those shares on the same day in a matter of an hour. But I haven\’t received the money back from those trades.
Net settlement for Equity : This is where it\’s showing my money has been debited.
When will I receive it in my trading account? It\’s been a week now. I use Zerodha.
On T+2 basis, Siddhant.
Hey Kartik,
First of all, your replies are very crisp and easy to understand.
I am a research scientist and don\’t know much about the stock market or how it works. But I have finally started (Peer pressure!)
Suppose, I buy One SBI stock today i.e. Monday for Rs 100 as CNC.
Scenario 1 – The price of the SBI stock reached 110. So I decide to sell it and earn 10rs profit.
What will be the charges or taxes for this? Will I get 110 back or will I lose some money from the initial 100 as well?
Scenario 2 – On Tuesday, the SBI stock reached 110. Same question as posted for scenario 1.
Scenario 3 – On Wednesday, the SBI stock reached 110. Same question as posted for scenario 1.
Scenario 4 – Now that the stock is in my demat account, I sell the share for 110 rs. How much will I receive after selling the stock for 110 rs, after all the deductions such as DP charges or any other charges (please specify only the amount)?
Since in scenario 1, 2, 3, the stock was practically not in my demat account and I sold it, what will be the repercussions? Will DP charge apply in scenario 1, 2, 3?
Thanks!
Glad you liked the content, Lijo. Btw, don\’t get into the markets out of FOMO or peer pressure, its not the right way to start 🙂
Get in only after you fully understand the risk involved.
1) You will get back 110, but there are few charges applicable. I\’d suggest you use this to figure them out – https://zerodha.com/brokerage-calculator/#tab-equities
2) Same answer as above
3) Same answer as above
4) Same answer as above :). I\’d suggest you look at the complete charge list as well – https://zerodha.com/charges/#tab-equities
DP charges will be applicable in scenarios 2 to 4.
Useful information
Enlighten on cnc trading by pledge also
Please enlighten how to trade cnc by pledging equity. Is cnc trader entitled for margins? How much interest on margins?
Collateral margin is only for F&O, check this – https://support.zerodha.com/category/console/portfolio/articles/how-do-i-pledge-my-shares-to-get-collateral-margin
What will be the charges incurred If I buy shares for delivery and sell those on Trading day, T+1 day, or T+2 day ?
There is no brokerage, but DP charges are applicable – https://support.zerodha.com/category/account-opening/getting-started/charges/articles/dp-charges-for-btst-trades
Hi
I sold my shares which where allotted to me thru ipo on Monday my withdrawable amount shows -15.93rs. wanted to understand why is that so and when will the amount be available for withdrawal
Settlement happens on T+2 basis, Khushbu.
hi Karthik If I sell a stock 80% of the money will be available for trading immediately. Rest 20% will be reflected on T+2. Is it correct. If so, is this is applicable for all stocks irrespective of its liquidity
Thats right, applicable to all equity.
Hi , i sold my sun pharma shares on 5 th aug. But still no fund is recd. Also no margin is showing .plz guide.
I\’d suggest you call the support desk for this, Ayush 🙂
Hi , i have bought shares on Wednesday (04/08/2021) in CNC….Friday EOD 06/082021 bought share has not credited into my demat account….when will the shares that i bought will be credited in my accounts???
Settlement happens on T+2 basis. Can you please check Console holdings again?
Can i buy a new listed company share and in how many days can is sell that shares is there any minimum period to sell
Yes, you can sell on T+2 basis.
i dont know how they are giving intraday sentiments
What about IPO? There is no brokerage charge for IPO, but are other charges (STT, transaction charges, etc) deducted?
There are no charges for IPO, Priyank.
simple go to positions and click on the company name there you can find exit and click on exit(exit means selling)
Hi,
If i buy a share in MIS today, the stock executed now how i can sell.
Just like the way you bought, you exit. But ensure its done within 3:20 PM of the same day.
When I sell shares on Friday.. when can I withdraw my amount to my bank account ?
On Tuesday, settlement is on T+2 basis.
I have sold 2 shares on 23/7 (Friday) and usually I should have got my credit on 27/7 (Tuesday) by the logic of T+2 days. Correct?
But I haven\’t got any credit till now, whereas DP charges for the sales has already been debited.
Can you help me with this please.
I hope you are checking your trading account and not your bank account. I\’d suggest you speak to the customer service desk about this once. Thanks.
I had purchased a stock 15 days ago. I selled on 26th July. But till now I have not received my money ..please suggest me.
Money will be credited to your trading account, not your bank account. Please do check the same. Thanks.
If I buy a stock on listing day of it and immediately sell after gaining some profit.So, how the trade is treated by stock exchange and will I get my profit in how many days
You will get the profits (for withdrawal) on T+2 basis.
Hi Karthik, I have a doubt. If I buy 1 share of SAIL on a working day. Which combination of orders should I give? MKT order /CNC NMRL ? Which one ?
Depends on what you want to do. If it\’s an intraday trade then MIS, else, CNC.
What is cdsl tpin and how it work
Check this – https://support.zerodha.com/category/trading-and-markets/trading-faqs/general/articles/tpin-preauthorisation
If I sell 1000 shares of a company from my holdings and later that day make up my mind to buy 1100 shares of the same company on the same day, how does that work? I kind of feel that the newly bought shares will be again credited to my holdings instead of showing in Positions. But I\’m not sure and need clarity in this, also could you let me know
1. If there is some kind of charges involved for the same day sell and buy?
2. What will be the average price which will be showing? Will it be the one which I sold at or the rate at which I purchased the new shares?
Thanks a lot in advance.
The transaction will be considered as an intraday trade for 1000 qty, but you will get delivery for 100.
1) Intraday brokerage will be applicable.
2) The price at which you bought the 11100 qty.
I have sold IPO share on 23 July..I can\’t see it withdrawal still now…I can see it in available
Atul, settlement is on T+2 basis, hence you can place a withdrawal request today (weekends are not counted for settlement).
I have bought shares from three companies while i am checking in my portfolio for the three compaines
it is showing as below
Company A: 10qty
Company B: 0qty ((T1:5)
Company C: 0qty (T1:9)
My query is i bought whats the diffrence it showing here, while i have purchased shares across all the three companies
(10,7,9) each. can some one help. i am new to market
Looks like you bought Company A 1 or few days before you bought Company B and C. It shows T1 quantity the day after you buy the shares. For example, if you bought on Monday, Tuesday will be T1.
I bought some shares and not able to make payment, shares are in my dekar account and debit bal is being shown, how shares will be sold and when
Not sure about this. Your trade won\’t go through if you don\’t have the necessary funds in the account.
What will be charges for a btst trade?
Here you go – https://support.zerodha.com/category/account-opening/getting-started/charges/articles/dp-charges-for-btst-trades
I am trying to sell some of my shares but it says that it is a trade to trade. You\’ll be able to sell only when the shares is settled in your demat account. I bought the shares few week ago. And what is BE and BT series on NSE? Thank you
I\’d suggest you speak to the support desk about this.
I have a doubt that the stocks we are holding produces returns..
Soo now where the return money goes to either demat account or bank account
It is a notional return, you will get it only after you sell the position.
I have bought 20 stocks of company X last week, and yesterday I bought again 20 stocks of same company X.
Today my holdings shows Qty : 20 T1: 20 for X.
My question is, (1) if I sell 20 stocks today, will it be counted as BTST? Or it will deducted from my Demat stocks first and T1 count will remain as is?
(2) What if I sell 30 stocks today of company X? As I have 20 stocks in demat and 20 as T1 as of today? How stocks will be accounted? What charges applicable to that?
1. The shares from your demat will be marked for delivery. The T1 shares will continue to show up until it is settled.
2. The 20 shares already available in your demat account will be marked for delivery. The remaining 10 shares will be given from the 20 shares you purchased yesterday. The debit of these 10 shares will happen once you have received the credit of the 20 shares on trading + 2 days (T+2).
The DP charges will be charged twice for such a transaction along with the other charges. Do go through this support article to understand the whole process in detail.
I have sold all shares of 3 different companies,out of which two were in profit but after selling the amount has been deducted near about 700 for all the shares, instead of getting 6000 I got just 5300 in my account,. Is such a huge charge done in zerodha, could not believe
Anita, 80% of the funds are released on the day you sell, the rest on T+2 basis. As far as the charges are concerned, please do check the contract note for details.
Hi, I have query on CNC… Is short trading applicable for CNC purchase
No, you will have to short futures or short EQ in MIS. CNC is only for delivery based buy or sell.
Hi karthik !
one Question in mind, whenever we do intraday trading does it means that opposite party is also intraday trader.
Eg if on 21/07/2021 I sold 100 tata motors shares on 9.20 AM then does it means that Purchaser is also Intraday buyer ? Because at the end of the day total purchase and sale of intraday should match and difference should be equal to 0.
IF we go on assumption that Intraday stocks can also be sold to delivery CNC buyer then how will the position of short seller will cleared? Because of this additional 100 shares are entered in market which are not actually available, right.
I had once sold the shares in intraday which were trading at upper circuit and no seller was available for shares and when it clocks 3.20 my broker was unable to buy shares, my position was open even after the market closed.
And on next day when stock was again on upper circuit level my broker messaging me to make shares available but there was no option from where should i buy shares which are not available becoz of high demand.Then finally position was settled at 20 % extra value.
Now question is daily crores of shares are sold intraday then how it works suppose if somebody convert his intraday buy position from intraday to cnc then how balance will match ? If delivery stocks are sold to intraday buyers then how will intraday buyer will clear his position at the end of the day?
Not really, at the exchange level, the exchange only looks at net obligation to a broker. Intraday and delivery based trades as just broker conventions. Btw, if any mismatch happens, then the shares are auctioned off, this is a common occurrence when shares hit circuits.
Why I see different numbers in Kite app and in Console. Which one I need to consider as the actual amount. And Account value in Console involves unrealized Profit/Loss amount also. How to know the invested amount and present amount. I have invested X amount but when I add Account value+unrealized Profit/loss I am not getting what I actually invested. Thanks in advance
You get the invested and present both in kite and console. But take the numbers from Console for reporting and taxation purposes.
So if I sell the stock on T+1 day, do i still enjoy the profit I make from that stock?
Yes, you can.
Morning I try to buy Bandhan Bank jul310ce but it was showing pending why
Guess it was a limit order waiting to get filled 🙂
What are the charges for BTST trades ? Please anyone ellaborate with example
No brokerage, but DP charges are applicable – https://support.zerodha.com/category/account-opening/getting-started/charges/articles/dp-charges-for-btst-trades
Hi, I\’m confused about this can you clear it:-
1. I only buy in CNC don\’t do intraday, but in some cases, I don\’t want to hold it for more and sell it before the long term period so I would be charging the intraday prices + the DP charges because the shares are in my Demat account for days. So am I end up paying double the amount + transaction charges that apply in selling.
2. And what should be an ideal amount I minus from my profit of that share so I get to know what I\’m getting after all the charges.
1) There is no brokerage if you hold it even for 1 day. Yes, DP charges are applicable
2) DP charges is about 15 Rupees, Nakul.
Very peroblem
Sold shares on 9th July and haven\’t received full amount yet.
On T+2 basis you will receive.
Hi, I have a doubt. Say for example i have Purchased SBIN shares 10nos on three different dates. Later on I sell 15shares. What determines out of the 30 which 15 is sold? Is there any standard for this?
We follow the FIFO method, first in, first out.
Sir
I bought CNC can I sell same day? Suppose sell when credit my amount on account difference pls?
On T+2 basis.
Like AMO buy option, that is place buy order in one day advance, can we have sell option in one day advance for holding stock?
You can always place a GTT order – https://zerodha.com/z-connect/tradezerodha/kite/introducing-gtt-good-till-triggered-orders
As I have selled my day after two weeks I bought it so will the amount will the amount get displayed immediately in my funds option in zerodha or after settlement it will show me the amount?
If its stocks, you can withdraw the position on T+2.
What is the charges?
2021-06-29 NSE-EQ Net settlement for NSE-Equity with settlement number: 2021121 286.6
and the penalty I didn\’t understand?
2021-06-04 NSE-EQ NSE EQ short-margin penalty for date 2021-05-27 388.3
I\’d suggest you please call the support desk for this, Siraj.
I buy 100 Reliance shares today and keep it as CNC. Tomorrow I see a shorting opportunity on Reliance and decide to short 100 shares as an unrelated trade.
1. Will the 2 trades be merged as BTST?
2. If not, is there a way to keep such trades separately?
1) If you short and buy back using MIS, then the 2nd trade is intraday and you will continue to receive delivery of the previous day\’s trade
2) Use MIS for intraday trades
Good luck!
On Wednesday I bought a particular share of 30 quantity and it is an illiquid stock.. If I sell it in T+1(i.e., on Thursday) will I be charged extra other than DP charges for the sale transaction since the stocks still didn\’t hit my demat account and it is also and illiquid stock.
I quite doubt if you can sell this on T+1, make sure the stock is not T2T segment. No extra charges. DP charge is applicable on BTST trade.
Sir,For example if 10 Feb is ex date for dividend and 11 Feb is the record date .If I sold my holding on 11 Feb. Will I eligible for dividend or not.
No, you need to be a shareholder on 11th.
Sir,I sold my holdings of adanipower and same day I bought Infosys and aries agro.The settlement amount I received was not matching with my calculations.
New in the share market so plz.guide me where to get the solution.
Monika, you will get 80% of the credit on the day you sell and the balance on T+2. So please do check on T+2 for the full expected credit.
If I sell 2000 shares from my demat account and buy the same 2000 share on the same day at different price… why my average buying price is not changing?
Because the 200 buy and sell is considered intraday trade.
Hi, i purchased a stock which is of trade to trade, on T+2 day the share needs to be sold, i did it. But its still showing in portfolio. May i know the reason, i couldn\’t see in orders as well, are there any huge loss for me? When i made sell, it was showing as open order.
Please do check the holdings again. Else, I\’d suggest you call the support desk for this.
I have 85000 in my demat account after i sold my 2 holdings yet it shows -427 rs in withdrawable amount it is shown in funds but not able to withdraw what should i do
You will get the amount for withdrawal on T+2.
Will we have to pay cdsl demat charges on T1 day sale of sauda in CNC purchase
Yes, DP charges are applicable for BTST as well. Check this – https://support.zerodha.com/category/account-opening/getting-started/charges/articles/dp-charges-for-btst-trades
How you can place an order for squaring off CO order at a desired price?
CO lets you place an exit SL order right?
Sir i bought 20 share yesterday and today i bought 10 share too and sold all my holding today only of 20+10 but in my position window it is showing -20 only and neither 10 share nor the amount of share sold same day was showing
Any suggestion
The position will show -20. But if you\’ve sold all 30, then it will be 30 that got sold.
Dear Karthik,
While going through my console section for the settlement of account in last one week and then my consolidated account since the time I started trading, I got bit confused with the deductions section. In the console, there is a column which gives the Consolidated report of following for the chosen period:
1. Realised P/L
2. Charges
3. Other Credits and Debits
4. Net Realised P/L
From my calculations and understanding, I came to the following conclusion:
1. The Realised P/L is the actual P/L.
2. Charges are the Brokerage, Taxes, Exchange, SEBI, etc. charges
3. This I am unable to understand. It constitutes good amount. What is all included in the other credits and debits?
4. = 1. – 2. – 3.
So, My query is limited to 3. above.
Check this – https://support.zerodha.com/category/console/reports/articles/other-debits-credits-console
According to my religious belief I can\’t sell something which I don\’t possess or own. For that matter I need to understand that if I buy the stock do I immediately become the owner of that stock or I become the owner after T+2. This will help me to understand if I can do Intraday trading or not.
Fahad, to get a true sense of ownership, you need to wait till T+2 for the delivery of shares into your demat account.
Please someone tell me if intraday stock reaches demat account…searched everywhere.. could not find the answer
No, it wont.
its ridiculous that even with so much advancement in technology it takes T+2 das for the stock to hit my demat account
Yup, that\’s how the settlement cycles is designed. I think we\’ve come a long way considering settlements were happening at T+14 during the 90\’s 🙂
Is there any DP charge for btst trade?
I am charged as DP charge for btst trade.
That\’s right. The settlement process has changed, hence starting June, DP charges are applicable to BTST as well.
I have a query. I bought 15 share of IndusInd Bank at 963 on Friday and sold it the same day for 991 whereby making a profit of around 430. But my Net Settlement for NSE Equity is showing debit amount of 790 on Saturday. What is this? Please explain.
Sameer, were there other transaction for the day as well? It\’s best of you to create a ticket or reach out to the support desk for this.
In case of crypto u can buy / sell in just a sec and fund will curry add to your demad ac . And if u want to withdraw money it so fast .
My question is that can we do same think in share plz explan me in simple and direct way !
You can do all that with Crypto because it\’s unregulated. You can\’t do that with stocks since there are rules set by the regulators and exchanges which needs to be followed. These rules are good because these rules are there to protects the common retail investor.
Hi dear,
If I do Btst trade then when amount will be credited and I can do others trade from that money ?
I have a question, i purchased shares today in cnc product and i sold it on the same day in cnc product only. But i am unable to view my any profit amount in funds. Instead the margin which is displayed is the one which was at the start of the day (i.e before any trading happened)
P.S : I am using Zerodha account
This is considered an intrday trade. Please check your funds status t\’row. Also the profits will be settled on T+2 basis.
Sir, what are the charges if i sell my share a month after buying and buy the same share and quantity on the same day(when the price of the share goes down after selling) or should i do this?
You can do this. The trade will be considered as an intraday trade, and the intraday charges will be applicable. You can see the list of charges here – https://zerodha.com/charges
Hi , if i buy some shares of a company and after a week i again buy some shares of the same company and then sell them on same day what will be my dp charges?
Rs.13.5 + 18% GST.
From the above example of Reliance share…the share bought is for 100 rupees and total is 100000.
But the money deducted is 100103.5
Means each share bought became 101.xxx
When one sells this, brokerage would be on 100 per share or 101.xxx ??
Brokerage is 20 plus other applicable charges. Check this – https://zerodha.com/brokerage-calculator/#tab-equities
Hi Karthik, Such kinds of messages I have seen on my statements. Plz help me to understand this:
2021-06-09 NSE-EQ Net settlement for NSE-Equity with settlement number: 2021107 Debit-2,099.45,
Credit- 0,
Net-27,581.99
I\’d suggest you speak to the support desk. These are debit charges against a purchase/sale of stocks.
Sir,if I sell my existing weekly options on Thursday and initiate new sell positions on same Thursday for next week expiry,without additional amount, will there be margin penalty?..as the sell positions amount ll be credited on T+1 day..
Yes, this can be done Dinesh.
I always heard that don\’t trade in low volume as there is risk of not execute the order to buy or sell ( i mean at take profit or stop loss ) . But what if we don\’t close our trade untill the square of time ? Isn\’t broker close the trade ?
For example: I do sell nifty Put option at 70 rupees and my target is 50 rupees which is achieved and still going in profit and i place order to buy ( toTake Profit ) at market price but what if there is low volume and there is no buyer. So what will happen at square of time. Will broker close it ? Will i get my profit ? Or i will loss all of my money ?
I always heard that don\’t trade in low volume as there is risk of not execute the order to buy or sell ( i mean at take profit or stop loss ) . But what if we trade that and we don\’t close our trade untill the square of time ? Isn\’t broker close the trade ?
For example: I do sell PUT option at 70 rupees and my target is 50 rupees which is achieved and still going in profit and i place order to buy it(Take Profit) at market price but as there is low volume there is no buyer. So what will happen at square of time. Aren\’t broker close it ? Will i get my profit ? Or i will loss all of my money ?
No, MIS orders mean the obligation is on you to close, not the broker.
I sold 4 shares @940 but amount recievied is very less and don\’t know where to get information regarding this
This is due to the peak margin, you will get the full credit on T+2 basis.
Hi, my profit of option buying on 8 June is not credited in my account. Can please help me in this issue.
What is the settlement time for option buying.
This will happen on T+1 basis.
I sold the shares on Wednesday and T+2 is Saturday nah.. Its a holiday when will it be credited to withdrawable?
Wednesday = T
+2
= Friday.
Don\’t I need to wait for another T+2 days?
For withdrawing cash, yes, you will get it on T+2 basis.
80 = 100 – charges
Am I right?
I am new to this, that\’s why I am asking.
Yes.
Let\’s suppose my fund balance is nil,
If I sell a share of value Rs.100, which I am holding, when can I buy another share using that Rs.100?
YOu can buy for Rs.80, the same day.
if stocks take 2 days to reach in demat, then how intraday trading happens with BTST?
There are no settlements in intraday, so there is nothing to worry about.
for intraday when will the stock gets settled to the account ?
No stock settlement for intraday trades. However, your P&L will be settled on T+2.
I am having a doubt that if I bought some shares of reliance on June 9 around 11.00 am and I read that reliance is giving cash dividend with Ex Date of June 11 . I wonder will get the dividends from Reliance or not ? If no is the answer , I also want to know how much days before should I buy the share to get dividend correctly?
Yes, you will. Safer to buy it few days in advance, maybe 7th or 8th.
Ignore my previous comment, I understood what happened
Glad.
Hi,
I don\’t understand what\’s wrong with my account. 20000rs has been debited in the name of book Voucher. What exactly is this. I did not request about anything like this and also I bought Praj shares two back, today they became praj_be and value n/a. All of a total it looks like my amount of around 80000 has been looted. Any explanation on this
Sravan, how can you say \’looted\’, without understanding what\’s happening with your account. Please call our support desk and they will help you understand this.
if i bought shares worth 1,00,000 i will be charged 103.93
if i sell them at 1,00,200 i will again be charged additional 104 Rs approx.
so net result will be 200-207.93 = loss of 7.93?
Please check this – https://zerodha.com/brokerage-calculator/#tab-equities
NSE EQ short-margin penalty means
I payed a fine of 306rupees for Net obligation for NSE Equity F&O
Yes karthik sir, atleast 15 lakhs for good shares like Infosys, Pidilite, eicher motors, remaining amount we will put in fixed deposits, i am running a poultry farm, is buying worth 15 lakh rupees shares, I will hold for long term, suggestions please bro 😊🙏
1) assuming I have purchased 10 shares of xyz on 8th June 2021 and the ex bonus shares date is 10th June 2021 in the ratio 1:2 . Would my purchase be considered for the bonus shares ? That is will it be considered for bonus shares on the T+2 day ?
Yeah, since you\’d get them on T+2 basis.
1) If I were to purchase say 60 shares of xyz firm on 8th June 2021 and the ex date for xyz’s bonus issues of 1:2 is on 10th June 2021 .
Will my shares be considered for the bonus shares or will they ignore my purchase as it falls into my demat account only on the ex date as per the concept explained above ?
That is will my shares be considered for bonus shares on T+2 ?
2) I have a similar doubt for dividends , what if the T+2 date and ex dividend date are the same date say 10th June . Will I still be considered for the dividend ?
Yes, you will get the shares on T+2 and hence be eligible for the bonus. Same for the dividends.
Hii karthik sir, please solve my another big doubt, my mother is retiring next year , she was working in taluk panchayath as a supervisor, the retired amount will settle approximately 45 lakhs, we decided to buy shares around 20 lakh with diversification method, after 10 year when we want to sell our shares, is there should be a buyer for our share or we can sell at market rate anytime, please reply bro, 🙏😊
Arjun, you can sell the shares easily (assuming you buy good company shares). But are you sure you want to put your Mother\’s retirement amount into shares?
I sell my stock of price INR 9028.00(Invested amount INR8796.00) but got credited in fund zerodha only INR 7095.82
How I can got help?
How I can find reason deduction of near about 2000 from approx 22% from money invested. While P&L is not more than INR 200.00?
Tax deduction on P&L or invested money?
You will get the balance funds on T+2 basis.
I want to know the profit i have made in inrtaday when does it will be added to my account ? And how much charges i have to pay on intraday trading
T+1 for F&O and T+2 for EQ.
Dear Karthik,
I am a beginner in this field by mistake today I purchase few shares in long-term option,can I sell this share after 2-3days
Yes, of course you can. No issues.
Why my money (₹319 )debited by the net settlement for nse equity..?
Please call the support line for this, I wont be able to help.
Pls give clarity only , if I buy share (CNC) on \”T Day\” and sell T+1 day, pls share the charges only , no examples required. Thanks
You can check this – https://zerodha.com/charges/#tab-equities
Im purchase cnc share of BHEL share quantity of 45 on date.01/06/2021 than i decided to sell cnc share 45 on next date date.02/06/2021.
problem is that \”sell already executed but momey is not refunded or credit yet to the my acc at the end of the 03/06/21\”
please sir help
mo-6351399494
(mahesh r chhapariya)
It will get credited on T+2 basis.
Hi
I have purchased lemon tree shares 2 to 3 days back but still it shows T1
Is anything wrong??
NOthing wrong, you will get it in your DEMAT on T+2.
Hi,
I want to trade in options.
So if trade I.e. buy it today and sell same day . Will I get my actual amount back. As far as I know profit will be added next day.
Please let me know.
Yes, the funds are settled on T+1.
I sold shares of x company and the dip charges got debited for the transaction. But the money after selling the shares didn’t get credited to my account even after a month. I am unable to contact Zerodha support group. Please let me know what can I do in this case.
Did you try creating a ticket? Else, please do.
I have sold 1 NCC share at dated 24th in delivery ,but share amount is not credited in my account on the date of 1 June.What should I do, please help.
It should be, please check again.
Hello all,
I am new in this and mostly I do swing trading, can anyone please let me know, how much charges they will apply in this case. please guide me properly. I am not getting how much profit I have made in trading so far, anyone please guide me properly.
No brokerage for this. Here is the charge list – https://zerodha.com/charges/#tab-equities
Fr buying money debited on T day from account/ For sold shares money credits on T+2days. Both should be in sync.
This is the standard settlement procedure across the industry, Sonal.
Not added on next day, so I think T+2 is the right answer.
Aa of 8 am, the amount is not reflecting. Maybe it gets reflected when markets open, or on T+2 day.
I think the amount gets credited late in the day (maybe after 12 am), coz my fund balance actually shows a decline (maybe equal to the taxes), but on opening the details, it shows that my account has been credited with 17.2k (which may get reflected after 7.30 am) Funds added between 12 am and 7.30 am get reflected after 7.30
Thats right.
Hi,
I did this with a stock today.
I sold all my holdings by placing order at 9 am as a limit order
My order was shown as completed at 9.07 am.
I wonder if I had placed an AMO order before 9 am, whether it would have gotten placed before matching occurs at 9.07 am or at 9.15, when matching has finished, and price had fallen a bit further.
I had ~ 3.5k in my account. After selling 7000 shares, I could buy back only 5800 initially, then for the remaining batch, I could buy 1000, then the remaining 200.
The profit is not showing in my account. My fund balance is still 3.5 k, although in profit and loss segment my profit is 17.5k.
This was the only trade I did today.
Sure, please do talk to the support team once.
Can i buy a share in nse and sell it under bse ?
If yes pls elbrate the process
Yes, you can. While selling the stock, please choose BSE as your exchange. I\’m assuming this is CNC sell.
Sorry for long post.
No problem, hope I could clarify.
Hi, I have a Q.
Suppose I have 100 shares of company A priced at Rs 1000.
The news comes about quarterly results in after market hours on Monday, and a loss is reported.
I don\’t want to sell shares coz I think long term outlook is good, but I want to profit from quarterly results.
My Qs are:
If I place AMO order to sell at Market Price, will my order be placed at 9 am on Tuesday or later?
Is there a difference between placing AMO order before 9 am on Tuesday, and placing a Sell order at 9 am on Tuesday?
Also does choosing a particular type of order affect the charges levied or the type of trade (intraday vs delivery) for tax purposes?
If I sell 100 shares, suppose at 1000 only, the amount in my margin will reflect ~81000 only I think, if I had only 1k in my account.
If the price of the share falls to 950 later in the day, and I want to buy back my shares, will it make a difference if I buy back the entire lot of 100 in one go (I will have to add extra money to my account to account for the 20% SEBI Margin) or if I buy in smaller lots, say first buying 80 shares, then 15, then 5.
Will my type of trade be intraday in both cases or will it be delivery trade, for the purpose of taxation?
When will the intraday profit be reflected in my account?
Finally, does the trade classify as intraday if the buy and sell amount is exactly the same? What happens if I sell 100, and buy 90, or sell 100, add some more money and buy 110?
Regards
There is no difference, all orders before 9:15 AM are considered AMO. No, changes are based on your actions i.e. if you buy in CNC and sell the same day, it will be considered intrday and intrday brokerage will be applicable.
You\’d not need margin to cover your position right? Profits will be reflected on the same day.
I sold my stocks worth 38k..on T+2 day only part of the money has gotten credited. When can i expect the remaining?
Please contact the support desk for this. They will help you with it.
I am new to upstox, I have added 3000 rs in deposits and 1000 used in SIP registration,
I could not found the remaining 2000rs, in my account. Why I couldn\’t have that amount
You need to check with Upstox for this, not Zerodha 🙂
Sold my shares on Thursday so when will I be eligible to withdraw the funds?
On T+2 basis.
Hi…i have query about my actual incidence while tradinh,please help me out through it
I have bought indusindbk 1020CE @45.90 of June Expiry on 25th May(2 days before May expiry) And sqaured off the position on 28th may @47.
But my account statement on 27thmay(expiry day) is showing the debit of Rs.8.73Lakh towards net settlement of equity.
Still that amount is not Credited back to my Demat account,can you please clear answer this why is it so?
I\’d suggest you speak to a support agent regarding this.
Here i made a useful calculator for yrading calculayion on investment if you guys like please comment me …
http://ephonon.com/calculator.php
Hi anybody please reply how do I withdraw 4 lakh from my demat account, i am using zerodha, can i withdraw 4 lakh once to my bank account, this is my big question, please someone guide !
You can place the withdrawal from Console. Console > Fund withdrawal. I\’d suggest you call the support desk, they will guide you.
with reference to your last response.
You said I have to authorize, please clear my doubt
Will I receive a push notification on kite automatically or I have to manually do the authorization of that particular stock and if so when should I do that authorization?
Jatin, yes, you will receive a push notification for authorization.
Hey guys,
I m trading in nse regularly and Making regularly small profits but my funds are decreasing, why! I m not getting point
Can anyone tell me , what actually happening with me
🙏🏻🙏🏻
Ayush, please check the ledger once. Also, talk to the support desk to understand the cash positions.
I am really confused about f&o settlement charges,it\’s not at all as per the calculation sheet given,if anybody can clarify.
What exactly is the issue that you are facing?
With reference to my last query.
What should I do if I want to get rid of the authorization step involved in debit of shares while my call is itm on expiry?
You have to authorise. Else you can sign the physical POA for the DEMAT account.
My initial capital is 50k, I bought shares of Dynemic Product at Rs573, of 87 quantity on 24.05.2021 and sell(btst) on 25.05.2021 ,before selling it shows shortfall fund margin required ,but I proceed anyway and it executed at 588, is their any margin penalty will be imposed,if yes then how much amount
I\’d suggest you call the support desk for this.
Is there any penalty if I bought nifty options 2 lot yesterday ( on Tuesday) and sold today ( Wednesday) but today is settlement holiday on account of Buddha Purnima.
Please guide.
No penalty for that.
Hi Karthik,
I have not given power of attorney to zerodha, everytime i sell a stock i need to do the authorization with tpin and otp.
Suppose I sold a put of reliance at 1900 and it becomes ITM on the day of expiry, will there be any extra steps for allotment of shares?
2) Also clear my doubt in case of call if it comes ITM the shares will automatically debit or there will be some different process for those who have not given Power of attorney?
Kindly clear my doubts thank you
1) TPIN is only for debit, not credit of shares
2) Yes, you are required to authorise. YOu will get a push notification on Kite for authorization, which you will have to Jatin. In case you don\’t, it will be treated as short delivery.
I sold 5 Maruti shares today for Rs. 6800/- ,UTI charged Rs. 34 per share as brokerage, the next day and I bought 5 Maruti shares for Rs. 6760/- (paid cash from my trading account.)again they charged Rs.34 per share as brokerage. I would like to know weather the brokerage would be charged for both the transactions within the settlement period.
I sold 5 Maruti shares today for Rs. 6800/- ,UTI charged Rs. 34 per share as brokerage, the next day and I bought 5 Maruti shares for Rs. 6760/- again they charged Rs.34 per share as brokerage. I would like to know weather the brokerage would be charged for both the transactions within the settlement period.
Yes, but 34 per share is exorbitant 🙂
Hi, I am a newbee to stocks. To get a hang of the process I bought 1 share of ONGC through CNC at 14.40 and sold it ( by error)at 14.47 on 24 May. What could be the repercussions of this? Is this the correct procedure? If no, kindly let me know the correct procedure for swing trading.
Yes, if you had not sold it then in 2 days you\’d have got that share in your DEMAT account, which you could have held on to for however long you\’d want.
Can you please explain when will the profits ishow in funds for intraday shares and holding shares.
Thanks
Sorry, dint get that. If you are referring to profits and when you can withdraw, then its T+2 for Equity delivery shares and T+1 for F&O.
I have a question that might seem silly.
Here is a situation to make my question be comprehended better. A company decides to go public and starts to sell its allotted shares at a FV of 10 rupees. It receives the initial amount of the shares being sold from a merchant bank for capital expenditure. After x number of years, the price per share is 100 rupees and is now being traded between buyer and seller and the money circulates only between them. Does the company receive any further money for capital expenditure with changing share price and if yes, how is it done since the money is only circulated between the accounts of buyer and seller?
No, once the company lists, the increase or decrease in prices does not really matter to the company Arya. Of course, shareholders wealth increases with the increase in share price.
If i had buy 10 shares, the same number is delivered to my account T+2 or it will received in breakups (like 8 on T+2) and 2 on T+3.
OR 100 percent on T+2.
All shares will be delivered on T+2 basis.
i sell my shares on thursday, but my withdrawable balance is less then available till monday evening why?
Takes T+2 for settlement. Please check tomorrow morning again, else please contact the support desk.
Hi ,
If I buy shares and sell it in a few minutes in intraday would the ownership rights of the shares be transferred immediately to my name when I click the buy button and then I sell it as owner of the shares , I mean would I be the owner of the shares immediately when I click the buy button or would the ownership rights be transferred during settlement date the same I would like to ask for short selling please advise
It will change once the settlement is done.
I bought in cnc and sold on the same day but money did not get reflected in funds.as u said that it is paper profit mean whether it will reflect further or not.then what is the use of selling cnc same day with profits if profits doesn\’t reflect.
Its settled on T+2. Either way, please do call the support for this.
Off market charges
i bought the share Mis and then convert into CNC but same day sold.But after 3 days still its showing in my holdings.what should i consider ..shall i sold it again.
I\’d suggest you call the support desk for this, Sunny.
Sir, I have purchased 100 qty of X and have sold it in two parts 50 after a week and remaining in another week….Shall I be charged double DP charges?
Yes, DP charges will be charged twice.
Sir, I really want to know the consequences in details of short selling i.e. selling on T+1 day?
Please do check this – https://support.zerodha.com/category/trading-and-markets/trading-faqs/general/articles/btst-risk
I want to know if I purchased the shares on BSE worth ₹10000 and sell it on NSE on same day. What will be the consequences. Will there be any fine & how much.
Gaurav, this should not be an issue since we have interoperability in place. Check this – https://support.zerodha.com/category/trading-and-markets/trading-faqs/general/articles/can-i-buy-and-sell-shares-across-the-two-exchanges
And how to i pay my settlement charges
Give me ans plz
It will be debited by the broker from your account.
How to i pay my dp charges?
It will be debited by the broker from your account.
Hi , I have share of Company X in my demat account and want to sell off those share and want to buy the share of Company Y same day with the Share selling amount of company X the same day . Is it possible ? Or I have to wait T+2 and once the amount in credited for selling stocks then only I can purchase company Y stocks from same amount.
You can buy the same day you sell X. But do keep in mind that you can buy only to the extent of 80%. Meaning, if you sell X worth 1L, then the same day you can buy Y worth 80K. On T+2 you can buy remaining of 20K.
are dp charge applicable intraday
No, applicable only if you sell shares intrday.
Hey team,
I had sold 5 stocks of VI on Monday and was expecting the money to receive by Wednesday but didn\’t happen. Is there anything I\’m missing.
Nilesh, I\’d suggest you please check with support for this.
sir, what happens when I don\’t sell an intraday equity and I have a sufficient margin?
Can you share more context, please?
I have bought Rpower shares on 7thMay,21 which should have been credited in demat account by 11thMay,21 on T+2 basis. However, the respective shares are not credited in my demat account even on 12thMay,21 till the time I have sell the shares. Is it a valid transaction done by me?? I will not be charged with any penalty for making a sell of shares that aren\’t in my demat account??
Hi
Sir,
Iam using grow and iam able to buy and sell the shares on the same day. Money reflected in my bank acc with in 4 hours..
And here it\’s xplained that it would take 2 days…iam little confused can u sort it out please.
Thanks
I\’m referring to the withdrawable balance, Sathvik.
Where does the govt capital gain tax deducted? Is the settlement happens post deduction?
YOu will have to declare and pay that yourself.
What happens when we sell shares on the T+2 th day?
I tried selling shares on the T+2 day, After that i noticed there was no money reflecting in my account equivalent to sell price.
Let\’s say I bought 100 shares for 10k on 1st Jan and on 1st Feb at 10am I sold 100 shares at 11k .
On 1st Feb my account balance is 0.
Are there any additional charges apart from the standard for buying a new stocks on 1st Feb at 11am using the profits and initial investment from the stock I sold an hour before ,
for instance if I am buying a stock worth 10.5k ?
You will be given 80% credits against the sale of stocks, you can buy to this extent. On T+2 i.e. Feb 3rd you\’ll get the balance 20% of funds.
If suppose I bought a Share on Monday n sell it on Tuesday do I need to have the selling amount as my margin or no margin is required?
Not required.
i am new to trading, i have some questions..
1) is it ok to buy and sell same share multiple times in a day.
for example: i will buy x share at 10 rupees, quantity 100. sell at 102 (200 profit)
again i will buy x share at 98 rupees, quantity 100. sell at 100 (200 profit)
are there any issues in trading like this.
2) if i buy share today and selling tomorrow, delivery charges applies?
3) i bought a share in intraday at price 100 rupees, at end of the day share price dropped to 80 rupees.
how much i need to pay for converting it to delivery ?
1) Yes
2) No DP charges of brokerage for this
3) No charges for converting your positions.
Will I be charged for the 80percent amount(if used) which credited on the same day after selling the cnc delivery shares.
Nope.
Hi….I have a question…..The shares get debited from the demat account on the same day of the trade, but are given to the exchange on T+2…..if it goes ex dividend on say T+1, then how does the process happen….who gets the dividend and how does it gets passed on…..also given TDS on dividends these days, how does the whole mechanism work.
Thanks
You\’d still be the beneficial owner of the shares, hence you\’d be entitled to the dividends. Are you sure about the TDS bit?
hello karthik,
so I bought 10 shares of goldbees for rs 40.87 and sold them on T+2 day at rs 40.6 which totals to rs 406 for 10 shares so after deducting all the charges the amount which needs to be settled in my funds is approximately 405 but this was\’nt the case the amount which settled was much lower than the actual amount and this happened on the very first day of my investing journey can you please clear this out for me I\’m literally confused.
thanks,
mukesh
80% of the funds will be credited on the day you sell, the rest on T+2. Check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
I buy it sell the shares I received something called as Total Trade Value. So my question is do I have to pay that TTV or its that amount I will get credited?
It\’s already taken from you.
Little confusing about dp charges :-
If I sell stocks in parts , I.e. suppose I have 100 shares of X company then what will be dp charges if –
1. If I sell 50 once & another 50 on different price but on same day
2. If Days are different .
PLZ confirm dp charges for both scenerio .
Thanks
1) It will be considered as 1 sale
2) Then two separate DP charges
Btw, DP charges are just 15 Rupees or something.
Hi @Nitin Kamath/@Karthik Rangappa
Subject: Why is the buy average for some shares I\’ve purchased incorrect?
I have faced this issue earlier also but did not focus.
yesterday i bought 25 Titan share at Rs.1408.2. Today i checked my holding and it\’s showing my buy price Rs @1414.
I have created support ticket, with full detail, also. Till this time i am waiting for reply.
If its system fault, then we are losing money unknowingly.
Its very tough point. clear me please.
Thanks
Shailendra
I\’d suggest you to please call our support or create a ticket for this. Kite holdings usually shows the price of the stock from the exchange in whichever it is higher. So maybe it was 1414 in BSE. Please double-check this as well.
My invested amount shown in Zerodha is less ₹ 400 than the net settlement amount shown in the ledger. Why ? Can any simplify it ?
I\’d suggest you call the support desk for this, Ankir.
It I earn a profit of RS.10000 Friday the according to T+2 when will my claim of profit settle ?
On Monday or on Tuesday
Tuesday.
how will pay money if the share broker has sell the wrong number of shares
Example
\”if I have only 12 shares and he sells 75 shares\”
Thats not possible in this with a tech-enabled broker.
What will be the charges if sell a stock from my t1 holdings
No brokerage.
Sir i sold x share of price 100 rs in mis intraday , but due to high volatility hits a upper circuit of 20 percentage,so i unable to buy the same share on that day. My amount is blocked as a margin blocked. My question is that how my blocked margin get on t2 day when stocks settled in exchange ,on what price of stock .tell me giving example.
Please check this – https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/circuit-limit-hit-intraday-product-type
If i brought a share for delivery on T day..and did not sold it on T+2 day or T+1 day whatever…
I want to hold it for few more days or few more months without selling it ..
1.What will be the penality or charge on it..
2.and how long i can hold it.
3.what will be the charge for year or per day or per month.
1) Nothing. There is no reason to levy a penalty for this 🙂
2) As long as you wish
3) Zero brokerage.
if I sell one share after it credited in Demat account. What are the charges it charge??
DP charges plus applicable taxes.
What are the Charges on selling a share if i hold more than a day.
No brokerage on these transactions.
How soon can the fund transfer happen…immediate?
Yes, it is immediate i.e. from your bank account to your trading account.
Hi sold irfc shares today and my pnb shares today to buy niit for buyback but I didn’t get proper amount back some of it in delivery margin i get all the charges but it is stating i have been charged with net settlement and voucher type book voucher and 1526 is debit what kind of debit is it and why??
Arjun, when you sell stocks you get a credit of 80% on T day and the balance on T+2.
Hello… I would like to know… Do I have the freedom to decide last minute if I am going to take the delivery of the stock or sell it off ( intraday ) ?
Hello… I would like to know… Do I have the freedom to decide last minute if I am going to take the delivery of the stock or sell it of ( intraday ) ?
Yes, you can change your stance at any point during the market hours. Better its to do it before 3:15 PM to ensure you don\’t miss out.
I cannot find any rule about the minimum fund balance during selling my equity shares, why do i need fund to sell share i own, same happened when i tried to book my options trade profit, the order i placed got rejected, please clarify your t&c
This is not applicable at Zerodha since we do something called an early payin (EPI) of securities.
Hi,
i bought in delivery mode, but later sold them on the same day(Intra day).
will the profit amount gets credited to my Demat. if yes, how many days it takes
It will on T+2 basis.
i have sell shares worth of 3276 rupees but the amouny credited is 2675 around in withdaw optiin where is my 600 rupess ??
You will get this on T+2.
If I sell my shares on Monday, I can see the funds immediately in the account (I know those are made available for doing the trade on kite). Can I utilize the fund obtained from sale of shares to buy mutual fund on Coin on the same day, i.e. Monday as I can see the funds reflecting the amount obtained by sale of shares in Coin as well? Or will I have to wait till T+2 day for actual deposit of money before I can make a transaction on Coin?
You can on T+1 basis, not on the same day. Do check this – https://support.zerodha.com/category/mutual-funds/buying-and-selling-through-coin/articles/cut-off-time-for-mutual-fund-transactions-on-coin
What are the risks associated with BTST? In which conditions, one should avoid it?
Check this – https://support.zerodha.com/category/trading-and-markets/trading-faqs/general/articles/btst-risk
Which of the below process happens first on T+2 day?
1. Debit of sold stocks from demat account.
2.Credit of bought stocks into demat account.
Essentially I want to know , if I sell a stock on T+2 day , will it be considered as shorting?
No, on T+2, credit happens and then the debit.
Suppose i try to short sell some stocks, contrary to mine expectations, the stock price soars and in an hypothetical situation, everyone has bought al the stocks and no one wishes to sell… i am already under heavy losses and my broker decides to auction the stock in order to balance the difference, but he cannot since there are none available.. what would happen in such a situation??
It will be auctioned off in the auction market and settled.
i bought a company\’s share on 12th april. still its showing under t1. when will i be able to sell it?
Y\’day was a settlement holiday. YOu should get it today.
Hi,
I have a question regarding intraday selling on margin. I did short selling today. Just dial 1000 shares and sold it with an overall profit. I would like to know when does it shows in the available balance. My used margin shows 0.
Thank you
On T+2 basis.
I am using zerodha platform my questions are
1) when the amount will be credited in my zerodha account after selling the holdings- as 80% amount is credited on same day
When 20% will credit ?
2)after squaring off the future and option does whole amount credit on same day?
If not then when it will be credited and when profits from F&O credited in zerodha account?
1) 80% same day, 20% on T+2.
2) T+1
What are the rules of short selling in zerodha ?
EQ short has to be squared off within the day, F&O can be carried overnight provided you have the margins.
What if i buy today and sell shares at t +3 but before 11 am of that day so according to this article i shouldn\’t have to pay depository charges am i right?
From the perspective of small intraday trader.
This is not an intraday trade. DP charges will be applicable.
I did intraday trading on 1st April (Thursday) and my profit is around 1000 at the closing time. .. and today is 6th April (Tuesday).
Why not the amount is been credited to my account till now?
It should have been, please check the fund\’s statement in Console.
How much I will be charged if my single order is having 6 trades?? How it impact on my profit ?
Brokerage is charged on a per order basis.
I guess the settlement process chnages to T+1 days recently. can yu pls update on this
No, it has not.
Hi Karthik,
I bought shares of IOLCP on Tuesday, 30th March 2021. Till today, which is Monday, 5th April, the shares have not reflected aka not been credited to my DEMAT. There was the long weekend in between but still, going by the T+1 and T+2 math, they should\’ve been in my DEMAT by now, right? Can you help me understand why this might be happening?
Thank you, in advance.
Tapshi, yes, you should have got the shares by now. I\’d suggest you do check with the support team once. Worst case, the seller would have defaulted and the shares would have been auctioned and you will be cash-settled. But I quite doubt.
Yes sir, since past 2 working days (weekend excluded)
Hi,
There has been no successful response from the support team regarding this discrepancy.
Can someone please help as to how to correct this error in the Margin statement?
Have you created a ticket?
Also, I didn\’t buy any securities on T + 2 except investing in a mutual fund (after adding sufficient funds beforehand), which I believe should not be of concern since the 20% upfront margin is against NSE EQ row and not MF row in the \”Daily Margin Statement\” and the margin is corresponding to the CNC trade done on T day.
Nakul, let me know if I am miscalculated somewhere.
Hi Nakul,
Thanks for replying! I have raised a ticket mentioning the exact dates using the link shared by you with my client ID.
I hope you guys can help resolve this at the earliest.
Hi,
I bought some shares in CNC mode for long term investment on T day. As explained by you, the full amount (+charges) were deducted on the same day from funds/cash and I received the ccn. Also, the \”Daily Margin Statement\” for the T-day still shows the full amount (+charges) in the NSE EQ as Funds while simultaneously mentioning 20% of amount as Total upfront margin. Now, this is fine for T day as (full amount – Total upfront) > 0 and there is no penalty.
On T+ 1 day:
The \”Daily Margin Statement\” is the exact same as for the T day. Still +ve and so no penalty.
On T+2 day:
Here there is a problem.
The NSE EQ funds field in the \”Daily Margin Statement\” now doesn\’t include the Full amount (since maybe the transaction of shares is now completed & reflected) but the 20% of amount is still shown as Total upfront margin which in net takes the balance in Daily Margin Statement negative, leading to penalty.
Can you please tell why is there such discrepancy? Do I have to put an EXTRA 20% as cash inspite of buying full price on CNC? If yes, for how long?
Hey Mohit, this won\’t be the case on T+2 unless you\’ve bought more securities on the same day. The margin statement gets the total margin requirement from the margin file that we receive from the exchange. The total value of the trade is reduced only after the trade is settled. If you can provide us your client id and the dates where you\’ve observed this, we\’ll be able to check and get back to you on this. You can also raise a ticket here with the details.
If funds are available in my Zerodha account the very next day of a sale of shares from my trading account, then what is the concept of T+1 and T+2 days. To given an example – I sold 100 shares of Reliance (were bought long back) for say Rs.100,000/- yesterday (Monday), the funds show as available today (Tuesday) such that I can buy shares of say SBI. Then what is concept money getting credited on end of T+2 days (i.e. end of Wednesday), when I can actually use the funds to buy shares of SBI on Tuesday itself.
You cannot withdraw the funds on T+1 as technically this is a credit given to you on T+1, which you can use to buy other stocks. Your funds will be available to withdraw on T+2.
Hi, I have done intraday trading and once the trading closed at 15:20 hours, my dashboard shows as Available Margin/Available Cash as Rs 22698, and Used Margin as Rs 11558 in negative. The next day the Used Margin amount is not credited to my Available Cash. Need to know how many days will it take to credit is it T+1 or T+2 days.
Thank You
It the intraday trade was in Derivatives, its settled on T+1, on EQ, its settled on T+2 basis.
I sold shares on 24th March 2021 still the sold value isnt credited in my bank account?
It will be credited to your trading account.
i bought a stock of GOLDSHARE on 22 march. the share was priced at 40.26 rupees, but i got charged 4026rupees. i looked at stock in google and it showed that stock was at 4026 and had lost 99% of its value to 40 rupees. my kite holdings/console is showing that i bought the stock for 40 rupees like kite charts are showing. where is my 3960 rupees, how do i get it back. i got message from nse that i bought the stock for 4026, i am so confused
This cant happen, Goldshare is trading at 40.2.
If I have shares of \”Company A\” in holdings and I have shares of same \”Company A\” in T1 and I sell the shares with CNC option..which shares gets sold first?
Why zerodha is taking hidden charges for dur for settlement approx 2000 each day my balance from 41k to 13k with in 1week without any training..
I m so disappointed
7870913228 plz need help
You need to understand how the capital markets function, request you to spend sometime to learn these things.
Your Zerodha account is due for settlement and it will be settled within the next 10 days. The idle funds in your trading account will be ….
So after this msg they are taking charge 2000 each day i really hate this ap
🙂 what do you mean by they are taking 2000 each day. We don\’t take any money from you. The funds will be sent back to your own bank account. PLease understand how these things work before venturing into the market 🙂
I really liked the article but i have one doubt: If i opt for market trade while buying the stock. What will be the price of the stock? Will it be same as it was on T-day or it will change according to the price on T+2 day when the stock will hit my DMAT account
The price that you buy at is the final price that you get.
i take 50 shares by cnc and end of the day shares and money both are not showing in my account. what is have to do.
When did you buy, please check the T1 quantity?
Suppose I trade on T1(monday) and earn profit or loss.i will be able to withdraw on T3.if I trade the next day(tueday) then the withdrawal day will be the same I.e T3 from Monday or is it extended
All equity trades are settled on T+2, even intraday equity.
Hey, I sold my shares on Friday around 3.15pm and it\’s close to 4pm on Monday and according to your T+2days concept I\’m yet to receive my withdrawable balance… it\’s showing -127 right now in Withdrawable and the available balance is close to 1k which I have right now so when will I be able to withdraw my available balance of 1k. Could you please answer this ????
Akhtar, it should be available now. If not, please call the support desk for this. I won\’t be able to help you here without access to any details.
I have IOC share in my detat account. Ex dividend date is 23.03.21. So if I sell share on 23.03.21, will I receive the dividend. My understanding is shares should be in my demat account on the ex-dividend date. So when we sell shares, when actually shares are debited to my account
Hmm, I need to clarify this Anupam. If you sell on 23rd, you may not be eligible since brokers follow something called early payin. Need to verify 🙂
Would like to understand if i buy shares on monday worth 100000 but i had 30000 rs so used 70000 margin.Now I need to pay 70000 till settlement day i.e. on monday.
So instead of crediting 70000 in my trading account, if i sell shares worth 70000 on wednesday would it be compensated with 70000 which was due ?
Sandeep, you can only buy shares to the extent of capital that you have. So in this case, you can buy only to the extent of 30K and not 70K.
Hi, i wanted to know the charges applicable if I execute an order with CNC but now I wanted to sell on the same day. Will it be considered as an Intraday and only 40 Rs (20×2 B/S) will be applicable with all other normal charges as per SEBI rule.
Yes, that will be considered intraday trade and intraday brokerage will be applicable.
I have made profit of 6.07 RS on Wednesday (this amount is calculated after all the charge are applied and have calculated in zerodha brokerage calculator) so, when this 6.07 RS will reflect in my trading account? Today is Thursday but the amount is at it was. Nothing increased. Please solve my doubt.
This will be credited on T+2 basis.
Hi sir ,
I bought 100 shares in cnc and sold it the next day morning then in the same stock I bought 100 mis shares the same day but could not book profit 😅 at the end of the day I converted my mis to cnc but instead of new shares getting added my morning sell shares got bought back automatically and the profit I got from them was gone why is this ???
Please explain about cnc
Can I take only 1 cnc trade in 1 stock in a day
Ritwik, the sell and buy is considered as an intraday trade. You can take as many CNC trades a day as you wish.
Dear,
I have 1 doubt. in cnc buy option we buy the shares and hold it for time period as much as i want. But what about the sell option in cash & carry(cnc)? Can I sell the stock today & buy the stock for settlement after 1 month or some longer period of time? please explain!
No Rupa, thats not possible. If you want to sort and carry forwards, then futures trade is the option.
Yesterday I bought equity at CNC but sold it on the same day using limit, making it an intraday trading, but still till now I haven\’t received my profit.
Profits are settled on T+2 basis.
What if I sell shares on Friday, when can I see the amount in my demat account? And when can I withdraw it?
The amount will come to your trading account (not DEMAT). You can withdraw on Tuesday.
Hello Karthik.
I have a query . Say, I buy 100 shares of stock ST1 on Day 1. It takes T+2 days for the shares to get credited to my Demat account. Now, say , once it is credited to my demat account, say on T+3 , I sell 100 shares of that stock ST1 and also on the same day , I buy 50 shares of the same stock ST1 . Now, when will these 50 shares get credited to my demat account. Will that also be after T+2 days after I buy the 50 shares?
I want to know after how many days would I own those 50 shares? Please help clarify this query.
Asif, 50 shares will be debited from DEMAT and the rest 50 is considered as intraday. So you\’d get nothing into your DEMAT. This assuming that the share you are talking about is not in T2T category. If yes, then 100 will get debited and the 50 will be credited on a T+2 basis.
How to net settlement for nse-equity with settlement
The broker will do that for you, Amit.
Hello Karthik.
I have a query . Say, I buy 100 shares of stock ST1 on Day 1. It takes T+2 days for the shares to get credited to my Demat account. Now, say , once it is credited to my demat account, say on T+3 , I sell 100 shares of that stock ST1 and also on the same day , I buy 50 shares of the same stock ST1 . Now, when will these 50 shares get credited to my demat account. Will that also be after T+2 days after I buy the 50 shares?
I want to know after how many days would I own those 50 shares? Please help clarify this query.
DEAR SIR, I HAVE A HOLDING STOCK OF MOREPEN AND MY AVG IS 28.4*2060. YESTERDAY I BOUGHT IT AGAIN AT 36.7*2700 AND NOW NEW AVG IS SHOWING 33.1. IF I SELL IN T1, CAN I GET BACK TO MY OLD AVG 28.4…?
No, your new buy avg is 33.1, that wont change based on your sell.
For option trading, the fund received in T+2 ?
No, T+1 for all F&O contracts.
I sold my shares on friday and till Tuesday still my fund s are not in withdrawable stage
Funds are settled on T+2 basis. Try tomorrow morning.
Best and simple way to understand the zerodha trading.
Thankyou
Happy learning, Mohammad 🙂
Hi All, i have sell some 5k stocks of NHPC on ex divident date but i have not received any divident for those stocks. Also i have check on CDSL report on same stock selling date, there is an debit transaction of shares in my demat account. Is on same \’T\’ day debit of shares will execute in demat account?
You need to talk to the support desk about this, I won\’t be able to help 🙂
I sold 9400 stocks of a company that were in my holding (Purchased a week ago). I wish to buy the same stock tomorrow. Will it affect my today\’s earning?
Not really.
HI, I have recently placed a bid for IPO allotment. After selling all shares of that IPO (exiting), the funds are not reflected in the account. The amount which i have sold my ipo shares at is very different and way less that what is shown in funds section at KITE. Does it take longer to get the actual funds reflected in your account ?
I\’d suggest you speak to the support about this.
Do i get credit Facility
Like I buy today a share and transfer the money by tommrow , If yes What is credit Limit
80% of the sale value.
I sold rs.20000 worth of shares yesterday and the funds are not added today. When will the profit reflect in the funds?
Sir today I bought 77 shares of
x company at rate of 60.15 in CNC ie I paid 4631.55 After two hours I sold my shares at the rate of 65.85 in CNC. I got only 4646 in my account. It is not showing any delivery margin also . Please let me know that why I didn\’t get profit
This is due to peak margin settlement, since this is equity you will get the full credit on T+2 basis.
1) I purchased x shares for INR 9000 as CNC and sold it on same day at INR 9500.When the profit will be credited.
2) I bought the same companies x share on same day for 10000 and have not sold it till day end. When will my profit get credited for 1st purchase?
1) Equity settlements happen on T+2 basis
2) As I mentioned, T+2.
I bought in the morning and sold it after 30mins with some profit but amount is ahowing same.Why.
Settles on T+2 basis. Please check today. Thanks
Hello,
Sometimes when I buy delivery shares , it takes more than T+2 days for the quantity to get reflected in my zerodha account.
What may be the reason ?
Unlikely. If it has, then maybe you should call the support desk to seek clarification.
Today i buy a share price tata motors NSE and today is technical problem came ok my problem is today admid suddenly to sell a shares in my account for BSE in bigg loss any solution for thise problem
You must have bought the position on NSE as an intrday trade, which was closed on BSE. Also today the exchange itself closed, so not much that could have been done. Do read this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/24th-feb-2021-when-nse-was-down-for-almost-the-entire-trading-day
\”We should not place sell order on day of buying\” – Does this mean we should not even place stop loss order that will hit sometime in future?
Not really, can you please give a better context, thanks
If I m selling my holding today then zerodha is keeping 20% as delivery margin and also taking out those share from my demat on same day why?
If you are taking delivery margin why r u taking out shares on same day? What safety is it
Shailesh, please check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Is it is safe to do btst in sbin. Because high liquidity is seen in this.
It should be ok, Rajesh. However, I prefer to sell after it hits the DEMAT.
Due to settlement holiday my cnc order shows as t1 but today is t2 day according to calendar .
I want to sell my share can I sell them
My shares are of sbin
Its better to sell it after it hits your DEMAT account.
Yesterday I have added Rs 5000 to my fund from my linked bank account. But today morning I found Rs 1000/- has been debited & its showing as payout . What can be the reason, I am shocked .
You will get that t\’row. Do check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
,If I buy say 100 shares of Reliance at Rs. 1.0 lakh and sold 50 for Rs. 80,000/- intraday.
How do I calculate buy price for my delivery as also intraday gain. Will it be Rs. 20,000 buy price for delivery and no intraday gain. Or Rs. 30,000 intraday gain and Rs. 50,000 buy price.
How does one calculate exactly from contract note, given that it is difficult to bifurcate charges and contract note does not show these details directly. Please guide.
Hi
I want to ask about impact on average if I buy share in CNC and also have quantity of that share in dekar account. If I sell on T+1 day then will my average change ?
Depends on the quantity and price that you\’ve bought these shares. Btw, the average prices are calculated and updated by the system.
kite security transaction charges taken 28000 rs , when it ll be refund please tell
Not sure what you are referring to, please do call the support desk for this.
How many maximum shares can i buy in CNC or delivery option
I think there is a 5 digit restriction, not sure, need to check myself 🙂
If I sell shares on Friday..can I use the margins for buying ipo
No, you need the funds fully settled in your account before applying for IPO.
What to do if intraday profits are not settled in the t+2 or t+3 days in case of holidays
It will be settled on the immediate next working day.
does varied price between T+2 day affects the sold or buyed stocks on T day
Yes, that price variation leads to your profit or loss. But if you have sold, then there is nothing to worry since you\’r out of the market.
Hi kartik,
I bought 100 ONGC shares yesterday for 99 and sold all the 100 today for 100. Again I bought 100 shares for 99.5 today. But my open position is showing my Qty as 0 and in my holdings it is showing yesterday’s price for all the 100 shares. Then what will be my profit?
The 2nd buy was in CNC? Can you please check once with the support desk for this?
Mere pass 500 hai T1 day dikha raha hai kya main aaj o share seal kar sakta hu
what happen if i sell the share but no buyer is available ?
It happened with me as i came to know after help with customer support.
I have 42000 in my demat account on friday. and on the same day i buy shares of 10000 rs. so my available balance was 32000. But on monday it my account shows balance of Rs. 20000. How?
After contacting with customer suppor they told that, at the time of selling if no buyer is avilable then your share cannot sell.
If anayone knows please help me.
And how much time does it take to reflect that unsettled amount to get back into my demat account.
Is there any particular reason for the choice of the depository by Zerodha? I mean why did Zerodha choose CDSL instead of NSDL? Is it because of the cost? Also, is it easy to switch between depository?
Juhi, I guess it was a function of many things, most important for us being the depositary\’s tech adoption.
If i buy shares on friday and tuesday is exdividend . Will i receive the dividend??
Yes.
Hello,
I sold 450 SBI shares at 400 on 5th Feb 2021, i.e. Friday and the amount credited to my DMAT was 1,62,959.52 only with DP charges of 15.93. But I was expecting the amount was to 1,80,000-DP charges = 1,79,984. Could you please clarify this discrepancy? will this be settled on T+2 Days?.
This is because of the peak margin settlement rules, please check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Hello,
I have a query.
I am new to zerodha, purchased 10 shares each rs.120 and sold it from holdings today for rs.134 each all 10 shares.
When the sold amount will be added on my available cash.
Also still it shows under positions tab as sold holdings with only +29.
How much profit I have earned here actually?
You made a profit of 14 per share or Rs.140 minus applicable charges. Please check the ledger t\’row for the exact charges.
sorry it is not invested…it is credited
Hi…i sold some shares today but the credited amount is not reflecting the profit amount. .when will that be credited…but some amount got invested is that , now the confusion is ….what is the amount which got credited…and what about the profit amount
If i buy 5000 rupees shares on monday and sell it tuesday (tomorrow) for 5150 but i will recieve payment after t+2 day so how can i buy shares again on tuesday because i dont have money in my account as i will get the payment on thrusday
On Tuesday, you will get credit upto 80% of sales proceed, which you can use to buy new shares.
I am not getting 80% of sale value for reusing [to buy shares.] My sale proceeds was [80% of it] not credited. And Zerodha Support said because my account is NRI, I cannot get 80% back immediately. And that I must wait for T+2 days, to reuse the credit. It is very unclear, they provide very inconsistent replies every time.
That\’s right, Samson. For NRIs accounts, credit happens on T+2 basis.
On T+2 day at 11am, How can I verify whether the shares have actually credited to my Demat account?
You can login to Consol and check the portfolio. Its best if you do this by EOD.
Sir, this is the response I got from Zerodha support team. my sale proceeds was [80% of it] not credited. And they said because my account is NRI, I cannot get 80% back immediately. And that I must wait for T+2 days, to reuse the credit.
On budget day (01-02-2021)on CNC I purchased some stock and sold the same day and earned some profit.. But the profit not credited till yet. Even not in next day. Why??
Can you please check the ledger as of this morning?
NRIs are unable to use 80% of sale proceeds on \’T day\’ immediately. Why? Is it true that NRIs do not get this facility, to reuse 80% of sale proceeds immediately??
Its the same for all, and not specific to NRIs.
Hi i want to know that if i have one lac rupees in my account and but want to purchase share 0f 2 lacs. Is it possible and how….on some debit basis or other method…
No, you can only buy shares worth 1 lac i.e. you want to buy and hold the shares overnight.
I sold 1134 Shares of yes bank on 28 January 2021 @ Rs 15.25 each amounting to a total of Rs 17293.5 but I only received a total of Rs. 17275.92 in my account. I want to know why Rs 18 were deducted and for what. This is other than DP Charges of Rs 15.93
DP charges and 0.01% STT on sell.
After selling, I am not seeing the 80% value in available funds. Why? It should come back to funds immediately, right? I still tried to buy but order was rejected due to insufficient funds..why? Pl help me understand.
Please check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
I sell 500 shares of jktyres as MIS , but could not on same day that is on 25th jan2021, what will happen?? Still not settled profit, loss, buy
I sell 500 shares of jktyres as MIS , but could not on same day, what will happen??
The position should be squared off within the same day. Else it may goto auction.
Hey @kartik
I am having issue on zerodha as whenever I am selling a part of any stock for eg RIL my investment price is going down for example if I buy my reliance pp at price of 1154..after selling some part of those shares my other part of investment is going down and it so showing 1110 as my price…and this is leading me some kind of confusion because that difference if 1154-1110..almost like 40rs..is going where??
Pls help me
Prachi, I\’m not sure if I fully understand your query. Can you please call the customer support for this?
Money was deducted from my account as I was not able to square off the short sell shares . Amount was blocked from account …but now there is no mention of the same
Jai, please do check with the support team for this.
for example, i bought 100 reliance share and i want to hold 20 year. so zerodha take 300 as a annual charges every year?? and if zerodha stopped his service in this 20 year how i get back my shares. for this it is necessary to create certificates for this share.please guide me ??
Your shares are held in CDSL\’s DEMAT account, so nothing to worry 🙂
Also, 300 is your DEMAT maintenance, pretty much the same everywhere.
Sir,when I sell my stocks zerodha is not required TPIN sometimes why because TPIN must required ,but sometimes sell order complete without TPIN whats reason please suggest me
Please check this Vijay – https://support.zerodha.com/category/trading-and-markets/trading-faqs/general/articles/generate-cdsl-tpin
If I buy a stock in CNC today and applied a trailing stop loss and it hits the same day is it considered MIS?And what will be the brokerage?
That\’s right, the brokerage will be 20 per executed order.
Sir As I Buy Shares on 21st Jan and showing T+6 ..wt does this mean Sir..
Which share and where did you buy this? Shares bought are settled on T+2 basis, not T+6 Sudhanshu.
Hi,
At th eon set i thank you for the great platform for trading with so many ways of analyzing through streak.
I have a very simple query
Day 3 – Buy 10 shares- A worth 10,000 Rs.
Day 4 – Sell 10 Shares – A worth 20,000 Rs. (Profit of 10,000)
Day 4 – Buy again the same share for 10,000 Rs
Query :
1. Profit of 10,000 do i get credited to my account (basically i sell a share on profit & again buy the same share same day at lower price how much profit am i eligible to receive)
You get the credit (which you can withdraw) for these shares on T+2 basis. But as soon as you sell, 80% credit is given to you on the same day which can be used for buying more shares.
Hi
If I buy 100 shares at price 100 and at T+1 another 100 at price 80. 1 week later when both are in my demat I want to sell 100 shares…do I have any control which 100 I can sell or is it system controlled
Thanks
Abdur, this is considered on a FIFO basis i.e. first-in, first-out basis. So the first 100 will be considered as being sold.
I had 100 shares in my Demat account. I sold them on Monday. Can I buy another company share with that money on same day or the next day on zerodha.
You can, to the extent of 80% of the funds received.
Hi Karthik and anyone who may be able to help me, 🙏🏼
I’m having slight difficulty with the settlement understanding and margins as per the new rules from Dec 1st 2020.
1. Say I bought 100 qty shares of xyz company on 1st jan 2020 and it was Monday.
2. On 5th jan which is Friday, I sell the 100 qty holdings. The settlement for this trade would be T+2. Hence Tuesday.
3. My question is, can I write/sell to open Bank nifty options (which I intend to hold over night) on Tuesday morning it self WITHOUT getting any exchange margin penalty? (Since I will require the sale proceeds from Friday as margin for the short option position) Or will I be able to only place a new short option position on Wednesday morning in order to not get a exchange penalty?
Thanks in advance for all your help and time.
You can trade this on Tuesday, Kabir.
Will the intraday profit loss be credited on same day?
In my Statement it is has debit some amout in name of nse net settlement
And there is no stock in my holding
Request you to please speak to the support desk for this.
On what basis shares bought at different prices get sold? If I bought 10 shares at price 100 someday and 10 more shares on other day at price 80 rs.
Now if I sell 5 shares out of those 20, which five will be that shares?
Shall I get the profit on avg. price or on original price at which I had bought those 5 shares?
Naresh, this works on FIFO basis, first in first out.
If I buy shares example X numbers CNC cash and carry today. Upto when I can hold them to sell. Can I sell those X numbers share after 7 days or 1 month or 3 months. If yes than how?
Please advise. Thanks.
YOu can hold it for however long you want, even 25 years 🙂
Hi I had BHEL shares qty 125 which i sold at price 39.50 per share on Tuesday after a week i purchased but i received only 3948₹ in my funds for it where i should get 125*39.5= 4937.5₹.. pls let me know why ? I didnt understand the same.
Please do contact the support for this.
I bought tata motors shares on Friday and sold them on Tuesday before market close so will it be considered as btst trade and when will I receive the sale amount in my account?
Thats right, its a BTST trade. This will be settled on T+2 basis.
How much time it takes to add my profit balace in my demate account ?? Plz reply..
I selled a stock but i didnot get my pfofit balance …plz help…
Settlement happens on T+2 basis for stocks.
I buy Gail share today booked my profit then again I buy Gail share …now it price is down ..but what about my previous profit ? It is just showing running share p and l
Previous profits depend on how much is your current loss. End of the day, you will make the net.
Why my profit of Fno trade is not included my Available Balance on that day
F&O P&L is credited on T+1 basis, so please check today.
If I sell stocks that I hold for 1 lakh at 10 am of a certain day, by when that 1 lakh will be in my account to trade again. Can I use the 1 lakh sold to trade again during the same day?
You can use 80K on the same day and the balance the next day.
Hi Karthik,
I had bought 20 PNB shares @32.55 under CNC. These 20 shares were in my Demat account.
Yesterday I bought another 70 PNB Shares @ 35.15 under CNC which were showing in my position.
Now when I yesterday only tried to sell my 20 shares lying in my Demat account@ 35.65 I could not sell as 20 shares were deducted from my open position only.
Result- Profit credited to my account if shares from my Demat holdings would have been sold ( 20*35.65 – 20*32.55 )=713-651 = Rs 62
but I received only (20*35.65 – 20*35.15) = 713-703 = Rs 10 for my positions.
Am I not allowed to sell my shares lying in Demat holding if I have open position in the same stock ?
Regards,
Prashant K
I\’d suggest you please speak to the support desk for this.
Thanks Karthik.
This means I can sell on T+2 before receiving the credit message from CDSL. Also the under the holdings against my stock it will still display T1 and Qnty-0. ?
Regards
Tyagi
Yup, you can. But its always a good practise ensuring you receive the credits. At times, the seller could default and you may not get the shares on time.
Hi Karthik,
I had bought 20 PNB shares @32.55 under CNC. These 20 shares were in my Demat account.
Yesterday I bought another 70 PNB Shares @ 35.15 under CNC which were showing in my position.
Now when I yesterday only tried to sell my 20 shares lying in my Demat account@ 35.65 I could not sell as 20 shares were deducted from my open position only.
Result- Profit credited to my account if shares from my Demat holdings would have been sold ( 20*35.65 – 20*32.55 )=713-651 = Rs 62
but I received only (20*35.65 – 20*35.15) = 713-703 = Rs 10 for my positions.
Am I not allowed to sell my shares lying in Demat holding if I have open position in the same stock ?
Regards,
Prashant K
Regards,
Hi karthik,
I bought a stock and was actually charged for the same day that i purchased and zerodah was not able to deliver the stock to me and the transaction was cancelled after t+4 days however its been 2 days since i was notifie and the share were gone from the account as well but my account has not been credited with the money.
Do you have any information for the same.
If, do. Please share.
Will Really appreciate that.
Thanks.
Abhu, I\’d suggest you speak to the customer desk, I\’d not have access to client information. But my gut says, the seller defaulted here.
Hello Karthik
Compliments of the Season! Greetings to you and your team.
Asking this question as couldn\’t find any in these comments.
I understand that BTST is possible if I sell the shares on T+1. However, would it be the same if the shares are sold on T+2 before EOD? And if done what would be the financial impact. How to tackle this when I have my SL GTT orders already placed.
Regards
T+2 would be a regular sale. Once this goes through, you can cancel the GTT.
Hi Karthik,
I had bought 20 PNB shares @32.55 under CNC. These 20 shares were in my Demat account.
Yesterday I bought another 70 PNB Shares @ 35.15 under CNC which were showing in my position.
Now when I yesterday only tried to sell my 20 shares lying in my Demat account@ 35.65 I could not sell as 20 shares were deducted from my open position only.
Result- Profit credited to my account if shares from my Demat holdings would have been sold ( 20*35.65 – 20*32.55 )=713-651 = Rs 62
but I received only (20*35.65 – 20*35.15) = 713-703 = Rs 10 for my positions.
Am I not allowed to sell my shares lying in Demat holding if I have open position in the same stock ?
Regards,
Prashant K
Regards,
You can, Prashanth. I\’d suggest you call the support desk for this.
When my share UTIAMC price when sell is 555.08 approx and the amount show 15000.07 and I get only 12010, where the balance money.I\’m so worried about this type of money hidden work.
There is no money hidden work 🙂
This is due to the peak margin regulations. Please check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Hi Can you please explain me about below query .
I sold 1013 share on price .47 and I already had 56 rs in my account ,now my balance should be more then 500 rs but after sold the shares my available balance is 434 only .
i don\’t understand how much brokerage u charged ?
Can you please tell me about this
The balance amount will be credited today.
If i Purchase Share Rs.10000/- CNC, and Sell to Rs.10500/-Same Day, so how Many charges require this Transaction?? Kindly Suggest.
Please check this – https://zerodha.com/charges
Am having dought ;
I purchased sbi 150 shares at 10:40am via cnc and sold at 03:22 is these any charges for this type of trading pls reply to my mail
Please check this, Niranjan – https://zerodha.com/charges
I have done a intraday trade using MIS option and make a profit of 650 rupees . I want to know when will these 650 rupees credit into my available cash ?
On T+2 basis.
Is it possible to sell few shares purchased on some day out of the total shares of same equity company held in Zerodha demat.. ex. 10 shares bought on 12th nov 2019 at some price and then again purchased 12 shares of same company on 29th nov 2020.. can i sell shares selectively purchased on either 12th nov 2019 or 29th november 2020 so as to differentiate in short term and long term gains tax on zerodha
This works on First in, first-out basis, Vinod.
Hi..i want to know about the settlement time for profits to be credited to my demat account.please let me know as i am a beginner
Settlement for stocks is T+1. For derivative its T+2.
Unable to calculate STT(security transaction charges) are very high.
I already paid 60K for STT only.
Your trading activity must be very high.
I want fund withdrawal after T+2days. But it not allowed always funds for withdrawal showing in (-negetive) to withdraw.
Wherein funds available but can\’t withdraw.
Please do speak to support for this.
If I buy 50 quantity of X stock in CNC on LTP 100.
After 5 days stock price fall now can I fresh buy the same stock X in CNC without average my holdings?
You buy it again, then the stock will be averaged out.
How to track short delivery??? And what is process of stock action??
If you have shorted, and unable to cover up the position by EOD, then you can assume that you have a short delivery. No other way around this.
If i sell the shares on T+1 day ..
1- is it delivery?is it intraday?
2- Charge to sell on T+1 day…?
3-Dp charge applicable?
1) Delivery
2) No brokerage
3) No DP
Hi Karthik,
I squared off my CE at same day before expiry, but I cannot see my profit or trade details in the reports.
Please do check the ledged once.
Hi
Suppose I purchased x company 100 share of Rs 780/- & sold 782/- so I get Rs 200/- profit can zeroda cut any charges from this profit amount.
No, the profit belongs to you. THe day you sell, 80% of the credit you get, next day 20%. This is due to the new peak margin regulation.
in the same example can you explain me what are the charges applied on selling day (ie; Depositary account charges for holding shares)
Check this, Rahul – https://zerodha.com/charge
Karthik Sir, I have sell my holdings on the same day on which I have bought the shares,but the profit was not actually credited in my demat account. When it will be credited?
YOu will get this on T+2 basis.
So I saw something today a big difference in my funds in zerodha , I faced losses in option trading yesterday for which the amount and the fees and taxes were cut . But when I sold off my holdings I did sell them on a profit a good amount of 15k
But when I see not only the profit but also the amount is missing
And it says this 2020-12-22 NSE-EQ Net settlement for NSE-Equity with settlement 15,923.63 where as I didn\’t sell any stock at a loss but profit only . Anyone can help tried calling support wasn\’t of any use
You get 80% settlement on day 1 and the balance on day 2. Please check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Please read the below sequence and help me with my query –
1. Bought 800 stocks through MIS order (AMO)
2. converted 800 into CNC the next day
3. sold 100 the same day after conversion into CNC
Will there be any issues with the 100 stocks I sold because they were not in my Demat Account. Please help me with this.
No, this will be considered a BTST trade.
I sold the shares of long term but immediate after selling i just got partial amount in my zerodha account.when will the total amount which needs to be credited will be credited??
This is due to the new peak margin regulations that have kicked in. Check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Hi,
If i sold the holdings today.
Can i able to buy new CNC shares on the same day for the same stock?
Yes, to the extent of 80% of the sale value you can buy.
I sold my shares today , but received 80 rupees less than my amount !! What should i do now?
Check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
I sold 5 shares today worth 19k and it was at a loss of 750rs. These shares were purchased around 2 months back.
It should show somewhat 18k in the zerodha funds but it only shows 14k.
Awaiting your response.
This is due to the peak margin regulations, check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Hi ! I bought 4410 shares on 15/12 and sold it on 16/12. The sale amt did not credited yet(till 21/12). Still my available margin is 157/- Pls give me an answer.
I could request you to please contact the support desk for this.
i am holding stocks 200,if stock price is going to down, i sold my stocks with some loss, then again place the inter day order on same stock as sell option, now i can get a profit? if i square off ?
YEs, the sale and buy back will be considered an intrday trade.
I bought 107 shares of HCl Tech at a price of 883.65 on 16/12/2020. I sold the same quantity at a price of 900 on 18/12/2020. My Demat account only showing rs. 77040 instead of rs963000. If 80% should visualize in the Demat account, then the remaining amount should visualize in the console. But it is not. Why? Kindly resolve this issue.
This is due to the peak margin regulations. Do check this – https://thabisa.shop/collections/daywear
I sold my shares on Wednesday but I can\’t withdrawal in Friday.there are showing that withdrawable -4 and available 1152.i want to withdraw 1150 but I can\’t
Can you try placing the withdrawal request by Friday evening?
I have sold my share which i was holding in to my demat. After sometime i thought process still not done sp again i sold that share. Now double amt shows in to my ledger but i have sold only single shares so now in ledger its shows 2 transactions of same Amt shares. What will happen now???
One is a CNC sell i.e. sell from DEMAT and the other is an intrday sell.
I brought shares on Tuesday and as T2 day in Thursday but my shares are not delivered yet!!!!
Please check the holdings again by evening.
Hello
If i sell a share at current price suppose rs 100 and at the day of settlements (T+ 2) its value is 90 then at what rate my settlements would be done?
Your sell price i.e 100.
If I bought shares under CnC on monday, is it okay if I sell at any time on Wednesday?
Yes, but best if you can sell on Thursday after confirming its availability in your DEMAT.
I sold my stocks on Thursday. Today is Tuesday. Why sale proceeds not yet credited to my demat account?
Please do check with support once for this.
I sold some 10 shares of Aymsyntex but charges of 15 rs were deducted..
Whyis that so
DP charges. Check this – https://zerodha.com/charges
how much money will be credited to my dmat account on trade day, which i can use for further trade
80% on day 1, balance 20% on day 2.
Hello
I had intraday gains yesterday,
But the amount was not credited to my fund balance however the charges for the same are debited to my account
Thanks for the detailed explanation, Karthik. Does BTST risk apply to stocks sold on T+2 before 11 AM?
Hmm, not really since you will have the delivery of stock. However, it is always better to ensure the stocks are in your DEMAT before you sell them, just to be super cautious 🙂
I have transferred my shares from one demat account to zerodha demat account but in holdings value is showing 0. What I need to. Do next
You will have to enter the buy average value on Console – https://console.zerodha.com/
Sir how is it possible to sell the newest stock and keep the older ones.
First in First out basis, so older one gets out first.
I Bought IFCI 21500 shares day before yesterday at 8.10.
Sold 21500 shares yesterday at 8.50.
Again bought 12100 shares yesterday at 8.50.
But today morning when I opened Zerodha app it was showing 12100 but price was 8.10, which was yesterday price.
Also, the profit which I booked yesterday was not received in my P&L Statement.
What all is happening? Not able to understand? Pls help
Ankur, I think its best if you call the support desk for this, will be easy to explain over phone.
recently I opened my trading a/c. I am not trading yet so my question is that can I buy 1 share and hold that share for some days? is there any kind of problem? because my colleagues not giving me proper answer. after reading this T+2 day topic I am lil confused that why my colleagues not giving me proper answer and assurance so that I want help from you plz tell me.
Sonali, yes, you can buy 1 share today and hold it for as many days as you want. However, if you buy a stock today, it takes 2 days for it come to your Demat account, this is called T+2 settlement.
for example:
1. I bought 10 shares of LT at price 1000 on 1/12/20.
2. i bought 20 shares of LT at price 1500 on 10/12/20.
3. i bought 20 shares of LT at price 2000 on 20/12/20.
if i sell 10 shares of LT at market price 2100 on 25/12/20, then shares of which date will be sold and at what price? is it first in , first out?
Yes, it is based on first in first out.
1.I did intraday transaction and till now amount not credited to my account.
2.my account withdraw is showing negative what does it mean?
Request you to please contanct the support desk for this.
1 month i buyed reliance at 2002 and selled at 1996 with 100 qty mean 600 loss with charge 400 mean overall 1200 loss assume then i nedd to receive amoun on sell day 199150 but i received less why mean 40k difference
This is due to the peak margin regulation, you will get the balance funds the next day, check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
This article is nearly 6 years hold, so I just wanted to confirm.
Is the settlement process still T+2 days ?
Yes, that hasn\’t changed 🙂
hi
i believe when you sell some shares then zerodha gives the credit to the account but holds back some funds. what is that number and when is that released.
thanks
This is due to the new peak margin regulations, where you get 80% on the day you sell and the balance on the second day. Check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Hi bought 16 CNC shares @ Rs2015 totalling =Rs32240 after a month I sold 15 of them on loss @1958 totalling= Rs29370. However I only received Rs 23000 on the T day can you explain what kind of charge is levied here of Rs6000???
This is due to the peak margin regulations, you will receive the funds t\’row. Check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
I sold my holding today which was around 1600 rupees but i recieved only 1300 in my account why?
This is because of the peak margin regulations, check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
If i sell one share of yes bank at rs 15 then what charges zerodha takes from me
Here is the complete charge list – https://zerodha.com/charges
Sir how SEBI Charges is 0.1
Thats the charges stipulated by SEBI
Assume I have 100 shares of SBI and I sold 50 shares. On this 50 shares which I sold, zerodha going to charge or once I sold remaining 50 shares then zerodha will charge. In short if I book half profit, then it chargeable or not. Or when I going to sold entire 100 shares then it will consider the full transaction?
All applicable charges are charged on a per transaction basis.
hi sir, i want to know if i buy a share in CNC basis & i wanna to sale that share on same day with profit than…shall i get the profit ? n if yes thn when it ll be credit in my demat a/c??
You will get the credit which you can withdraw on T+2 basis.
I owned cnc stocks worth upto 42k and I sold them all today, but in my available margin only 35k is reflecting. What happened to my remaining 7k? Should I be worried?
This is because of the new peak margin regulation that kicked in from Dec 1st. Check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
I sell 10 share @159.10 but instantly 1272.80 rs credited to my account .
I my opinion 1591.00 amount should be credited and applicable charges may deduct . Why zerotha hold 1591.00-1272.80=318.20 amount. What\’s calculation
Thats because of the new peak margin calculation method, check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
I sold a share today and received 80% of total selling value balance 20% when will be credited to my account.
Thats because of the new peak margin regulation, check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Sir, I have buy 1 quantity of Tata Power at 61 and after 1 week I sold it. So tell why zerodha debit 15.93 for just a single quantity.how it is possible to deduct that much charges. I thought their is some hidden brokerage charges.
No, these are DP charges applicable. The DP charge remains the same if you sell 1 quantity or many.
Hi, I sold 100shares at Rs. 185.75 value today. So my net sell value is Rs. 18575. But only Rs. 14,860 has been added under \”used funds\”. There is difference of 20%. Please help me understand the equation.
This is because of the peak margin regulation, please check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
I bought 40 share at 179.80 which is 7192rs and sell T+2 days at 184.9 which is 7396rs, then why did I only get 5930rs in my account.what all charges I had got to paid.
This is due to the peak margin regulations, you will get 80% on the sale day and the balance the next day. Check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Today my T2 day of sell share
so can I request to windrow maney in 8:30 pm
Yes.
I have a query
I bought 150 shared of pnb of 28.45
N sold at 35.70
Actual amount i should get is 5355
But i got 4284
Wers my profit?
Pls explain
This is because of peak margin, check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Today i sold my share and only the principal amount is been added in funds section and the profit is still missing ?
This is because of the peak margin, please check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
I have engaged Zerodha as my share broker. I feel they charge more than their regular charges. Any hidden charges are there?
No hidden charges, here is the list of complete charges – https://zerodha.com/charge
Today I sold my holding shares of X company. My question is that when would my profit is credited in my Dmat account ?
80% of the proceeds will be credited on the same day and 20% on the next day. You can withdraw the cash on T+2.
I still have my 4 future lots bought 7 days (4 working) and I have not squared off any position but after 7 days approx 60% of profit from this trade (all four lots) is added to my trading account I’m not getting this . Please help
With futures, there is a daily mark to market right, where your P&L is settled on a daily basis.
Hello Sir,
I bought Kovai and AdaniGas shares on 1/12/2020 . On 2/12/2020 morning it comes to my holdings. I sold them. And only 80 percent money got credited to my funds. Where is rest 20 percent Sir?
There is a new change in regulations. You will get 80% credit on the day of sale and the remaining on the next day, more info here – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Sir,
Consider I have 100 shares of X company which comprises both Long term ( more than a year) and short term bought at various time periods. If I sell 40 shares, i would like to know whether the latest bought 40 shares will be deducted or otherwise. Please answer this as it will be very much useful for tax calcuation
Ganesh, from the taxation perspective, this works on first in first out (FIFO) basis.
Today I sale share of approx. 17000 value but i get only 13000 on my fund, what is this issue ?
This is the new rule, you will get credit up to 80% on day 1 and the balance on day 2. Check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/peak-margin-intraday-leverages-2nd-order-effects-dec-1st-2020
Today I sell hpl 200 share but amount credited only for 160 share why less amount credited in my account
Please check the contract note once.
I have buy reliance shares and after sell the shares i am getting only 80% of amount of my total investment. I. I am invested 53k but i am getting only 43k.
Did you sell it for a loss?
How can I know that auction penalty charged?
Will be posted on ledger.
Hi, is there any calculator for counting 100% profit & loss ?
Because I can not calculate correct profit and loss.
For ex : I bought 3 shares at 715 and sold at 761 ..But it\’s showing Net realised P&L Rs -83.00 .(in position) Why so?
Actually I gain profit Rs 138 but why still showing loss? Please help.thanks
You need to account for charges as well right? You can use this – https://zerodha.com/brokerage-calculator
When we buy a share for holdings ,It will reflect in demat account on 4th day only,than we can able to sell it,but You zerodha platform tell T+2 days ,my question is why you guys are not giving correct information that you don\’t know when it will settle ,If NSE allows you to settle on 3day than why are settling delay?
We dont 🙂
All equity settlements happen on T+2 basis, standard practise across the industry.
I sold shares and the reflected net realized p&L is +1.34k . However , only 973 is visible under funds in kite on the T+1 day . Can you please explain this ?
Please do check the ledger on Console once.
अगर आज सीएनसी द्वारा शेयर खरीदा है और उसी दिन सेल कर दिया तो balance कब एकाउंट में एड होगा
T+2 दिन में।
If I sell my shares on Friday when can I withdraw the money , when will it arrive at the withdrawabel amount??
You need to wait till T+2 to withdraw the amount. So Tuesday.
Sir gm,i do muhurat trading on 14,and profit made,bit it was not reflected in my demat acount yet.but in ledger it shows.when i will see in my demat account
Can you please check again today? If not I\’d suggest you call the support desk for this.
I sold shares yesterday for 2200INR and bought new shares for 1950 INR toady on zerodha, what charges will be applicable
Regards
Do check the charge list here – https://zerodha.com/charges
Hi Team
I have sold iifl shares in intraday but I could not able to buy and which are not squared off too. What to do now.
The shares would be auctioned, Sandeep.
Hi,
So I sold some shares yesterday and bought other shares but the funds on my account were enough after selling the previous shares. They never got used and now the consol shows me unsettled funds, am I suppose to settle those funds manually or the services of zerodha automatically settles the same?
It will be settled, check console in 2 days and go through the ledger once.
On 10/11/20, I traded in the option, which I profited but the profit has not been transferred to my account yet. I have purchase in the morning and sell it on same day..
I have talk to zerodha executives also bt they are not giving me proper solution…! Guys if you have any solution.?
Profits will be settled on T+1 basis.
I sell Option call today which i bought yesterday, When will be profit settled in my account ….?
Yes, it will be on T+1 day.
If i sell my shares on Friday when i will able to transfer money in my bank account from Trading account?
Yes, but you will have to wait for T+2 for the funds to show up as withdrawable balance in Console, so you can transfer on Tuesday.
Hi sir if I do 50 trades per day is there any charges for it??
Lax, yes, there would be charges applicable, check this – https://zerodha.com/charges
For example.. if I sell icicibank Nov 550 ce. @ premium 45₹ when icicibank share was 400..
Now icici bank share is going around 440 ₹ and icicibank Nov 550 ce is 0.00
Then am I having loss or profit… And how to settle the contract.
In this case, the 550CE will be OTM, hence there is no physical settlement.
Sir , Can you please elaborate the process for us..
Which process, Ishwar?
What if I sell call or put option.. n it becomes zero before expiry?
Then you get to retain the entire premium.
Hi,
I want to know that suppose i already had 100 Reliance share and i buy 100 more. On T plus 1 i sell 100 share . So will FIFO apply here and long term capital gain will apply or the new share short term capital gain will apply.
If you sell it within a year, then the short term capital gains will apply.
In MIS, 300 equity shares of value rs633 each were sold of total sell value around rs190000 but at the end of the day could not be bought as no seller was available. also account balance was around rs93000. now what shall happen to those shares and applicable charges or any penalty ??
The shares will be auctioned, Sujata.
I have bought 10 shares on friday in cnc @245 for total of 2450 Rs. but later decided and sold same shares on same day as share price jumped to 272. I sold all 10 @272. But only 2450 were credited to my account on transaction day not 2720 as i was expecting. So my available funds at zerodha account was same before and after selling. I didn\’t recieved the profit.
Can someone plz explain
Can you please call the customer support for this? Do check your ledger on Console once before calling them.
Hey is these calculations are correct or not?🤔🤔
I brought 10 Tata motors shares at cost 104.20 and sold after 9 month on price 129 for 10 stock
Will I charge for dp as 10*15=150 rs
Or only 15 rs for dp charges on all 10 stocks
You will be charged based on per scrip i.e. 13.5 + 18% GST. The quantity does not matter.
It gave me insight on the clearing and settlement process.
If in case I do the trading on Friday when it will get reflected in DEMAT?
Stocks bought are made available in your DEMAT on T+2 basis.
Hello Sir,
I have questions regarding brokers role in settlement.
1. What if I have given POA to broker, can broker sell my shares without my knowledge and used my money and can suddenly disappear with my money and stocks.
Is there any help if I choose not to provide POA.
2. How we should protect ourselves, If I want to purchase shares for long term. And even if broker gets bankrupt or whatever, I am fully secured.
Thanks you in advance.
1) Its not that easy, SEBI has brought in tons of new regulations for brokers which makes carrying out such illegal activities difficult
2) Ensure you are with a reputable broker with a profitable track record.
1) I have 1000 rs in dmat. if I buy shares in cnc… Sell on t1 .
For example. Ashok Leyland 100
with price 10 sharess on Monday.. sell on tuesday 100 with price 11.
On tuesday can I use this money. that is 100*11 = 1100 for another trdae ?
Yes, you can.
I am asking regarding the settlement for the new rule that was implemented from sep-2020. Previously u move the share on T+1 Day from the demat account now i.e after sep-2020 you are moving on T-Day itself. Then how about settlement for the dividend, bonus issue, right Issue, Buy Back,….stocks on Ex. Dividend date, Ex. Bonus date, Ex. Right issue date,…….? Usually record date will be next trading day of Ex. Dividend date, Ex. Bonus date, Ex. Right issue date……… Suppose if anyone sell the share on Ex.dividend date, you move the share from the demat account on the same day i.e Ex.dividend date itself not on the record date, then how will the person get dividend for the shares though she/he sells the share on the Ex-dividend date. (on the record date the shares wont be on her/his demat account and also on the broker pool account)
Yes, currently we debit the stocks from your demat account on the trading day itself for your delivery sell transactions and do an early pay-in to the exchange. The securities are moved to an early pay-in pool account where the securities are blocked by the clearing corporation (CC). The CC debits these securities from the early payin pool account two days after the trading day (T+2). Since the securities will be in our pool account on the record date, for the delivery sell transactions executed on the ex-date and the record date, the corporate action credit happens to us. This is then passed on to the respective client\’s account. Any cash credit, like dividends, is reconciled and settled in your trading account and you\’ll be able to see the credit on your funds statement in a week\’s time. Any securities credits through a bonus, split, etc are reconciled and credited to your demat account.
How about settlement for the dividend, bonus issue, right Issue, Buy Back,….stocks on Ex. Dividend date, Ex. Bonus date, Ex. Right issue date,…….? Usually record date will be next trading day of Ex. Dividend date, Ex. Bonus date, Ex. Right issue date……… Suppose if anyone sell the share on Ex.dividend date, you move the share from the demat account on the same day, will the person eligible for dividend for the moved shares.
Please do check the chapter on corporate actions, also do go through the comments.
How Zerodha is managing this
https://upstox.com/announcements/demat-account/important-operational-changes-in-the-settlement-process/
Important operational changes in the settlement process
There has been an introduction of a new margining process by the regulator and Exchanges, recently.
As part of our goal to provide you with the best trading exposures and seamless reporting of your margins to the Exchange, we have made some changes in our operations.
These changes mean that the shares you sell on the Trade day (T-Day) may be moved by us to the Early Pay-In (POOL) Account on the T-Day or T+1 Day.
This means that on the day that you sell your shares, we may move it from your Demat account, or your shares that may be lying in the Unpaid account or in our Pool Account, and present it to the Exchange for the settlement purpose on the same day i.e. T-Day or the Next Day i.e. T+1 Day.
On account of these changes, starting today, if you wish to participate / take advantage of any corporate action like Buy Back, Right Issue, and others, we request you to hold the shares in your account until the record date. In case shares are sold before or on the record date and are presented by us to the Exchange for settlement, as per the above schedule, Upstox shall not be held responsible or liable for not being able to participate in such corporate action, due to the non-availability of such shares in your account.
Yeah, we have an early payin facility as well, check this – https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/upfront-margin-requirements
On Friday i sell the holdings with that money I bought new fund and sell the same with profit , but profit has not reflected? When I will get profit amount?
The funds will be settled on T+2 basis.
I sold equity shares on last friday still i didnt able to withdraw
Can you explain..?
Funds are settled on T+2 basis, can you try today?
Why am i being charged BSE Charges yesterday 500, 500 each 2 times in a day.
I am using Zerodha only for my demat account and only do cnc trade (I have never done intraday , no BTST, no STBT, no F&O).
Can you check the ledger once?
It is out dated system, the technology, stream system developed now thus real time settlement may be possible. If money transferred across different banks why can\’t shares? Even though there is no any physical settlement of shares involved now- electronic documents interchanged. I hope industry will develop the safe and secure system soon.
Not so straight forward, Arun. Broking tech is 10x more complex compared to banking. There are several moving parts and custodians involved, each one with their own limitations and processes. Systems and processes have evolved significantly, but I don\’t know if the real-time settlement will happen anytime over the next few years.
Plz describe what is the Net settlement for NSE-Equity with settlement number……..what is meaning of this.what kind of charge is this
A settlement is basically the act of collecting funds from you, delivery shares to your demat or giving delivery of shares or giving your the funds. The number is just the reference number.
I bought relience 20 shares in CNC.and I sold it same day.what will be trading charge in zerodha .
Brokerage is zero for CNC trades.
I don\’t know where my profit gone every time I make a profit of 3 to 5 thousand even more but profit not shown only my money which is add by my self to trade shown is there any kind of fraud or any thing else
Or any one here to explain me
Have you checked the ledger reports?
Suppose I bought 10 shares at Rs. 10 on 3rd oct and sell it on the same day at rs. 15 .
Again bought 10 shares at rs. 12 on the same day and sell it again on the same day at Rs. 15.
Then what will be the profit amount???
Will it be (50-tax)+(30-tax) or will be something else???
You will make 5/- per share on the first trade and 3/- on the second minus applicable charges. Check this for more details – https://zerodha.com/brokerage-calculator#tab-equities
If i buy 1 share of abc at 1000 rs and sell after 2 days at 1010 rs could you please share how much net profit after all the charges i will get and what are all sort of charges i have to bear and how much.
Do check this Kapil – https://zerodha.com/brokerage-calculator#tab-equities
My query sent yesterday but not posted so far.
Can you please repost the same? Thanks.
If the ex date for bonus is on 30th but i bought the shares on 28th. Am i eligible for the benefits ? It says here t1 above the stock in my portfolio and settlement will happen on 30th evening. Today is the 30th. Due to bonus issue my share price has drastically fallen down. I am wondering if i will be issues bonus shares?
Yes, you will receive the bonus shares.
https://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
In a reply to BTST you have referred to the above blog. In that blog there is shown a chart where the details of the T1 trades are given. I have been trying to find this chart at Console, but have been unsuccessful. Request please tell me how to find this Chart. I am a new customer of Zerodha.
Thanks in advance. Kanchan
After you buy, the next day look for the shares in holdings (in Kite), there you can see the shares marked as T1.
what are the charges applicable if I buy stock today and sell it tomorrow, that is on T+1 day?
and how is this charge different than selling it on or after T+2 day?
No brokerage charges, other charges are as mentioned here – https://zerodha.com/charges#tab-equities
I sold some of my shares on friday i.e 25sep 2020, but the amount has still not been available for withdrawl. What is the reason?
Can any1 help?
Can you please create a ticket for this?
Greetings of the Day,
This to get clarification regarding Withdrawal of money, as you are aware of upcoming IPO of UTI AMC & Mazgoan Shipbuilders, So inorder to participate in IPO today (i.e. 28.09.2020) I have sold some of the share however I am little bit confused regarding settlement, Withdrawals Procedure and T+2. So can you please let me know when at the earliest I will receive money in my Bank Account so that I can apply in IPO.
Whether I will receive money before 01.10.2020?
Waiting for early reply.
Thanking U.
If you have sold the shares today, then you will receive the funds on T+2 basis i.e. on Wednesday.
Why is instead of T+2 money settlement T+3 taking place and even customer support is not answering my ticket raise on this issue , it is already been more than 10 days now
Which script is this Praveen. Equity is T+2 only.
Hi
This is Hemanth
I have sold (80 – CNC) SBI Cards share by mistake @782.
Which I bought @660 long back, if I repurchase the same 80 share in CNC in same day, will it still shows old 660 rs or will it show the new value 800…?
Please Reply ASAP
I have sold my stock on friday. Today is monday but the fund is not available in withdrawable fund. Why?
YOu will get the credit on T+2 i.e. Tuesday.
What is Net settlement for NSE- enquity ? Charges ₹400??
Can u share more context, please?
What is Net settlement for NSE- enquity ?
Stocks sold are debited on the same day, stock bought is credited on T+2. P&L from equity sales is also received on T+2.
If I have 5k in my trading account and I have done a intraday trade(buy and sell complete) with the total amount,
Then will I be able to trade another intraday trading(same day) with my initial amount (not the PnL)?? (Whatever amount I have left off after the executed intraday trade)
Yes, you can.
I bought 10 shares for Indigo earlier and it was showing as on T1 status. Then i bought another 4 today. After this I sold the earlier 10 shares but now in Positions I see today\’s bought shares as -6 and greyed out. Why is it showing like that instead of just showing 4 shares??
Hey Nazeer, when you buy and sell the same stock on the same day, it is considered as an intraday transaction. In your case, out of the 10 qty of Indigo sold 4 qty is considered as an intraday trade, and the remaining 6 qty is considered to be a delivery sell transaction. Hence, the position will show -6 qty as this has been sold from your holdings.
What r chargers if I buy today and sell today.
No brokerage charges for such trade. Other charge details are here – https://zerodha.com/charges#tab-equities
Sir…according to the new rule… When Intraday profit will credit in the zeroda account.
Sir I made 3227 profit yesterday then next day in zeroda app account showed -negative 530 rs… How this happened…
T+1 for F&O, T+2 for Equities.
I have icici 250 shares at price of 370.70 and i have sold it at morning time 10:00 AM at 372.5, but price is reduced till evening i have purchase again in evening at 362 i have purchased 257 shares. but next day it shows the price 370.47 instead of new price at which i have purchase 362 again in evening. why this happens?
That is because the next day\’s trade is considered intraday and it wont have any impact on your buy average. However, you\’ve bought 7 shares extra, which will change your buy average.
Hi,
Just want to know, what if I sell the holding share in CNC which is in BSE & after that changed the position to MIS & again buy back in NSE when price goes down, will it be considered Intraday.
Because this didn\’t happen, the share was squared off at 3:20pm with more price.
Is there anything that trade should be done in same Indices can\’t change from NSE to BSE or vice versa.
This will create two trades in the two exchanges.
I have shares of a particular stock which was bought at different prices. How do i sell these shares separately and not on the average basis?
Once the shares are in your DEMAT, it will have an average value associated with it.
Dear Sir
I want to sell some of my holdings on Sept 26th. Do I need to maintain some cash as margin to sell it? Or is this rule only for buying side.
Please provide detailed answer. This margin rule is very confusing.
Many Thanks
AJ
No that won\’t be applicable since we do early payin of securities.
If any share is credited in my account before 1 week (let\’s say 100 shares) If I sell all the 100 shares in the morning and buy the same share again in the evening. Then what will happen will be it be debited from my account ? and the shares with new price will be added in my account ? What exactly will happen ? What charges will be applicable?
The trade that you do on a intraday will be considered as an intraday trade and charged accordingly.
What if i don\’t follow T+2 rule
And i sell my stocks on T+1 or T+2
How much zerodha will charge for this?
Charges are the same.
If i purchase a share, say for eg : Reliance @ 2100 and 20 Qty and sell the same on Intraday @ 2120 all of my 20 Qty, then 1) Will the amount gets released on same day? 2) The profit of 20 Rs * 20 shares : 400 Rs after the deduction will be credited on which day? and where i can see the statement that profit is credited to my trading Ac?
1) Amount will be released same day
2) You will get the amount on T+2 basis
3) Console > ledger
If i buy 20 SBI shares on Monday and buy 10 SBI shares on tuesday . Then i sell 10 SBI shares on wednes day. So it will deduct from my holding or it will be BSBT. PLEASE ANSWER
The one bought on Monday.
I sold my shares in cnc. at profit of 500rs.
But profit is not showing.when I checked my transaction.it showed , 500 debited for \”net settlement for nse equity.
Will I get this amount.
You will get this on T+2 basis. Check this – https://tradingqna.com/t/changes-in-margin-requirements-from-1st-sep-2020/88915/104
I bought 3500 share for rs 40000 and sold all the shares in same day for 45000 . And in my zerodha account already I had 10k . So after selling my shares in account 56k was there but next day only 51k was there. So I checked the hospital it says NET- settlement for NSE Equity. 5000 . Will I get this amount??
You will get this on T+2 basis.
If I bought a share on Thursday so when will it come to my demat account on satuday or on Monday .
Monday.
I bought 42 shares of ABC company at buying avg 640.
At t+1 day, i sold 32 at selling avg 650 and again bought 28 shares at buying avg 620. Is it intraday trading?? And what will happen if i forgot to buy 4 more shares as i need to buy 32 shares again to complete the trade…
Please help
The trade of 28 shares will be considered as intraday. The extra 4 shares sold will move out from your holding and will be considered as a delivery transaction. You\’ll continue to hold 38 shares at an average of 640.
Hi sir, I\’m a newbee to trading. I bought some stocks yesterday in cnc and sold them yesterday itself. And when I looked into my funds, at the end of yesterday. It has some profit. But today morning, when I checked my funds. I don\’t see that money. Not sure what happened here. Could you please help me out?
This is due to the new margin system effective 1st Sept. Your funds will be settled on T+2 basis. So if you have sold something in equity y\’day, the P&L will be effective t\’row i.e. T+2 basis.
sorry typo error. Count it as 3 questions
Dear Karthik,
I have 2 questions.
1. If i had bought 20 share yesterday and i wanted to short same amount of share today then how can i do this?
2. i have gone through BTST artical so i have one question if i sell share on T1 so that in case of Auction how person who wont be able to deliver the share to me penalized if he has opted for intraday?
2. As per new rule is BTST allowed?
1) Y\’day shares would be under CNC, which is for delivery. You can short under MIS for today, which will be an intrday trade
2) Do check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
3) Wont change anything for our clients
If I sell my stock on friday when I\’d expect my money to be credited for withdrawal(with apprx time)
By Tuesday i.e. T+2.
or if i will purchase it the next day will it be average out still
No, next day average will be different.
Hi,
If i have a share in my demat account and sell it and again purchase it on the same day…..so will my price will be average out.
Eg. I bought the share at Rs 1960 after a month sold it around Rs. 2500 and want to purchase on the same day at Rs. 2400. so does it mean my share price will be average out.
The 2nd trade will be considered an intrday trade.
Hi
When I sell share what is the effect on the available balance in funds immediacy and T 2
You will get the credit of the sale of shares.
Hii… On Saturday I bought 100 shares and on Monday I sold all shares… But due to favourable market conditions I again bought 100 shares… I opted to withdraw amount of previous 100 shares and same is showing will be credited on Tuesday… But from my funds amount for new shares has already been deducted but still showing T1… Pls explain
How did you buy shares on Saturday?
When we sell a share, the amount immediately reflects in your funds. So then what\’s the deal with T+2 days credit?
The amount is actually a credit, your funds will hit your account on T+2.
Thanks kartik sir 👍👍
Happy reading!
Hello kartik sir,
I bought 20 shares in CNC and after 30 min sold 15 share and keep 5 share on same day in CNC what will happen is there any risk sir
No, you will get 5 shares delivery and 15 will be settled as an intraday trade.
when i sell shared today,can i purchase the other shares on the same day? Noticed that amount was credited to my trading account in this case.
Yes, you can.
Hi, I bought 5shares yesterday and sold them all today in the morning, then in the afternoon today I bought 10 shares for the same company.
So my question is, how many shares should be in holding by tomorrow morning?
10 shares.
Hi, please help !!
I have a query – suppose I bought a 300 shares @Rs500 and after 2-3 days sold them at 550.
Now on same day after one hour I again bought same share of qty 320 @529 (qty increased from the profit I earned).
Now my portfolio is like same 300 shares in my account with 20 as traded qty (T20) with an average of 505. Now I have questions on this –
1. What does this mean.
2. Why the average is not 520 as I bought all 320 shares again at the price of 520.
3. Yesterday I had profit of 15000/- so bought exra 20 shares and nwo the holding is 320 shares. But now the current price is 525 , so the profit should be 320*5 = 1500, but is showing profit from an average of 505 i.e again 320*20 = 6400. How is this calculated ?
4. Haven\’t I earned my profit yesterday ? But then how I\’m able to buy those extra shares…..
It\’s really confusing, to me also and to the one who is reading.
Please understand and ans. Thanking you in advance. 🙏🏻
In other broking we can do T+5 in zerodha
With new SEBI norms, this wont be possible with any broker.
I have one doubt….for the daily traded value I have to pay tax or any problem in trading higher value amount ? Like example I buy a share with leverage of amount 1 lakh and sold it same day (intraday trading )without any profit or loss…my trading value for a day will be 2 lakh (buy +sell) so do I need to pay any tax for 2 Lakh transaction or any problem ? Pls help me
If you do this frequently, then this will get termed as a business activity and you\’ll be taxed accordingly. Do check this module – https://zerodha.com/varsity/module/markets-and-taxation/
I want to know about settlement charges. Kindly give me full detail about that.
Like how these charges are applying on my trade. Etc
All applicable charges are explained here – https://zerodha.com/charges
I purchased shares on Monday and sell on Wednesday, still DP charges are deducted from my account. As per the conditions if i purchased shares and sell within T+2 days then there are no DP charges.
DP charges are applicable from T+2 as the shares are credited and then debited from your account.
I purchased share on date 14 August
And it was credit on 19 August in my account.
And interim dividend date was 18 August.(equtias)
I get divided or not??
Unlikely. Depends on the record date.
Are DP charges applicable if i sell the shares on T+2 day?
Yes, DP charges would be applicable.
Thanks for the detailed explanation that you provided to all questions above.
I was however stuck in one place where it is given – \”If we buy an equity today we can sell on the same day and it will be called intraday trade. In this trade the equity never actually hits the demat account but we only trade the price difference.\”
But you become the owner of your share only settlement takes place (T+2) and you got your shares in your Demat account. Then how come you buy and sell on the same day? How can you sell something which you don\’t own yet? I am confused here.
Please help.
Thanks
Ranjan, this is called an intrday trade where in the you can buy and sell the same day. Not an issue.
If I don\’t sell any shares or bonds in my Demat Account for an year or month then will I be charges AMC or MMC resp. for the corresponding year or month resp.?
Yes, yearly AMC will be applicable.
How is intraday trading possible if you can buy shares on T Day and sell them only on T+1 Day? It says its risky to do it on T+1 also, since you don\’t have the share certificate in your DEMAT account. Please edify.
Thats not true Mohit. You can place an intraday trading by placing an MIS/BO/CO order.
Hi Sir,
I have a serious doubt sir. I bought 50 shares of Deepak fertiliser at Rs.158.50 on Tuseday[11/8/20] in CNC. Next day i do intra on same stock [Buy at 162 & Sell at 164] then i squareoff my CNC at 166.50 Rs. Here i overall made 600Rs profit. After that on same day i bought 100 shares at 166.50 in MIS and then i convert it to CNC . But today [13/8/20] in my tradebook i see buy average Rs.163.5, sell average Rs.164.83 for 150 quantity and my realised profit is just 200Rs. What happen to my profit i made yesterday?. And in holdings i see 100 shares at Avg price 162.50. I totally confused sir. please reply me
Hey Jannath, the first thing you need to know is that CNC and MIS are just product types offered by us to manage leverages, it doesn\’t really denote the movement of securities in your demat account. If you place a CNC sell order and buy back the same quantity of the stock in CNC on the same day, it is still an intraday trade.
Now in your case, the 50 qty CNC sell at 166.50 and the 50 qty (out of the 100 qty) CNC buy at 166.50 is considered to be an intraday trade. Your original holding of 50 qty at Rs. 158.50 will remain and another 50 qty brought at 166.50 will get added to your holdings. This will bring the holding average for the 100 qty to 162.50.
You can go through this support article for more.
Yeah. Anyway thanks for your response Karthik. 🙂
Cool, happy learning, Kalyan!
Will all complete 70 shares go for auction? Or only 50(after deducting 20 from my holdings) go for auction?
Do I need to keep any extra funds in my Zerodha account?
What happens if I buy sufficient stocks tomorrow morning (pre-market or during market)?
Ah, I think 50 will go through auction Kalyan. I\’m not 100% certain about this though. Is it possible for you to call our support desk for this?
I have short sold 70 shares of Laurus labs using MIS in zerodha. But before I buy back stock hit upper circuit and no sellers available and my BUY MIS order got cancelled and those quantity also not squared off at the end of the day. What will happen now? How much would be charges if those are auctioned? I\’ve 20 shares of Laurus labs in my holdings. Advice what to do
This will go in for auction. I guess you will have to pay 10-12% higher. Please do check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
I have sold 100 nr. of shares for INR 100,000. Net payable amount, say is INR 99,300. But, the amount credited to my account is INR 76,401.
I have received a margin statement with haircut computations etc. I don\’t have much knowledge about all these.
Can you advise if I will get the amount INR 22,899 ( i.e., 99,300 – 76,401 ) ?
Request you to please raise a ticket or speak to the support desk for this.
If I buy shares today i.e. on T Day. Now on T+2 day, at around 12:00 PM the shares are still not reflecting in my demat and i Sell them at 12:00 PM, then what happens?? Will the DP charges be levied or not because the shares are not credited in my demat.
Also, please tell me till when can we sell shares without incurring DP Charges. Please let me know.
Yes, the shares will hit your DP and then debited again. So DP charges are applicable. If you sell on T+1, no DP charges.
I guess at this moment this article is invalid when it is selling shares. when you sell shares it is deducted from your demat same day. So please careful when you sell on ex dividend date where you end up in losing the dividend. This is little messy with zerodha and this changes are applied recently.
Yes, this is wrt to EPI or Early pay in. Thanks for pointing this, will update accordingly.
Hi Karthik,
Q1]. If someone has a 1 lakh i.e 1,00,000/- worth of funds in his account , can he buy shares worth rs. 1 lakh and after few days sells all the shares worth rs. 1 lakh, leaving his account balance zero during these buying and selling.
I m not even a beginner yet, but gathering all the info before starting investing in stocks market.
Yes, that is possible. However, there will be some charges for such transactions. I\’d suggest you look at the charge list for this.
regarding intraday trading in cash segment, will a trader have to pay margin while placing a sell trade (to close buy trade) or buy trade (to close a short selling trade)?
No, this won\’t be required.
1. Whenever I buy any stocks, once the order is executed, my portfolio grows (in number). And that, too, within an hour. So, when you say, \”All equity/stock settlements in India happen on a T+2 basis\” – do you mean that although the number of shares may increase, the actual shares won\’t be credited in my DEMAT account (if I\’m the buyer)?
2. If we were to follow the T+2 framework, although the shares I\’ve bought haven\’t been credited in my DEMAT account, will any changes in its growth be taken into account in the processing days?
1) The number of shares will remain the same, what can grow/degrow is the price of the share. Yes, if you buy shares today, it will get settled meaning, it will gets credited to your DEMAT on T+2 basis.
2) Yes, if the share price increases/decreases, so will your profit or loss. The P&L is attributed right from the time you buy.
First of all, I bought delivery shares.After 15days I sold it and that day means that sold day I bought another sahres of different company from sold shares money. Contract note gives me the lots of obligation pay.that deducted in my dmat account. My question is that, my debilted money will get it or not.If not then what I want to do to not much obligation money will debit.
This is ok for now, but going forward you cannot buy shares the same day you sell with the funds that you are expecting from the sale of shares.
is the early paying system already available with zerodha through which traders dont have to wait for T+2 days to initiate next trade?
We are working on early payin, but funds will still take T+2 to get credited.
if i trade intraday cash segment with Rs. 10000 by going long or short at 10am in a stock and make a profit of Rs.1000 then my new account balance becomes Rs. 11000. as per the new T+2 settlement rule, will I be barred from taking any intraday position for the next two days and only on thursday morning I can trade with Rs. 11000? or will I be allowed to continue trading it the Rs. 10000 but cannot utilize the Rs. 1000 profit which I made in my first transaction?
You can trade for 10K next day, but not for 11K until it hits your account on T+2.
If sell long holding share today, Will I able to use same money to buy other shares today on same day or do I need to wait for T+2 or T+1 ?
YEs for now, but this is changing from Aug 1st. So you will have to wait for T+2.
Hello,
When i Purchase some say 20 shares of One Company which i already have in my Demat Say 10.
Total Now i have 30 Shares.
After that i want to sell those 20 Shares on T+1 Day So Which Shares will be cleared first? The shares which are already in the holdings or the share bought on T Day?
Thanks in Advance
This works on a FIFO basis, so the first set one goes out first.
I am getting confused here…for the same query in this page you have earlier mentioned that for intraday the settlement is done on same day i.e.EOD..
Sorry, I must have said that wrt to F&O. Settlement process (trade process) is done the same day and funds are credited on T+1 basis for FO. T+2 basis for EQ.
If i trade intraday using MIS/CO in cash segment and make profits then the profit is settled in T+1 day or T+2 days?
Settlement for –
All F&O = T+1
All EQ = T+2
Okay, thank you. But can GTT be used for MIS order placements?
If in the above case that I mentioned, after I sell off my order and the price suddenly goes down below my Stop loss order without giving me a chance to manually cancel that sl order. Does that mean that the stop loss order will get executed and i will have a short selling order of those number of shares?
Ah, if MIS is what you are looking for then please check Bracket or Cover orders. This will work well for you. https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/what-are-cover-orders-and-how-to-use-them
Hi Karthik,
I have a very stupid doubt about stop loss, I couldn\’t find a specific chapter to ask the question, so I am asking it here. Please answer it.
Suppose I have placed a buy order for a share and also place a stop loss order for it. If, later on, I sell off those shares, will that stop loss order will get cancelled automatically or do I have to manually do it?
There are specific order tyes like GTT which does this. However, if you place it manually, then you have to ensure you cancel this.
Hi,
Today I opted to sell my shares.
Now the status shows cancelled what does that mean.
Why is the sell cancelled?
Can you please call our support desk for this, Lipika? Thanks.
If I buy 2 stocks at the same time for say 400 and then sell them one by one. I sell one stock at 401 and the other at 398 separately. How is the brokerage calculated here?
Depends on when you sell them. On the same day, this will be counted as three intraday trades – 1 buy, 2 sells.
hi Karthik,
suppose if I buy a lot of \’ aug future\’ for a particular scrip through \’normal mode\’ today i.e on 20-07-2020 then for how many days can I keep the lot in my holding??
and can we short sell in \’futures\’?? and through which mode?
TIA
You can keep the position open till the expiry of the contract i.e. till August end.
Hello Sir,
I am holding account in Zerodha, My Query is, Daily Margin statement which I receive from Zerodha shows both NSE and BSE segment but Margin available till T day in BSE every day -59.00, why this deduction and what for? is it deduction from actual cash balance and if it deducting daily basis how to avoid it. please advise.
I\’m guessing that is your balance. There is no deduction as such. Please do call the customer desk, they will update you on this.
Hello sir
It isn\’t showing in trade book after selling the shares and even completing required time for settlement
Please do call the support once, they will help you through this.
1. BTST as explained in Top of this page–Is it working still..me writing it on July 15 2020?
2. How much risk in BTST is in for Nifty 50 Stocks?
3. Is there any additional Charges at Zerodha?
Kindly assist
1) Yes, it is still the same
2) Check this – https://support.zerodha.com/category/trading-and-markets/trading-faqs/articles/btst-risk
3) No
Hello!
I have sold shares on Thursday ie.,9th July and I haven\’t received the money yet.
T+2 days are completed already , so when will I get funds back?
Funds should hit your trading account and not Bank account. Please do check in your trading account, it will reflect there. Thanks.
Sir
Suppose I sell the share at that time when market price was 76 per share. Will it definitely sell at 76 or there may be some conditions in it.
If you manage to sell at 76, then the price is 76.
sir,
As the price of a particular Blue chip shares keep going down,I keep buying shares…to improve the Average price .
Then when in uptrend of price I start selling Stage wise in small quantities.
Which Shares will get Sold First .
Is it Like..
\”\”\”.First in..First out \”\”\” ???.
And Accordingly will be my Profit…???
I have seen that when i sell this way.
The Next Day my percent profit on the Balance shares Lying in Demat is Showing More.
I Think because the very First Shares i bought were expensive…while the one i bought Later were Cheaper price…
So..\”\”FiFo\”\” Effect is Affecting that ???
please clarify…
It will make our Buying and selling more meaningful.
Thanks
Urvashi
Yes, when you sell, the logic of FIFO is considered. This is mainly from the taxation perspective. When you finish buying, an aggregate buy average is computed, so when you start selling the difference in the buy average and sell price is your P&L.
if i buy 10 shares in cnc and sell them next day in mis , do i have to pay dp charges ?
No DP charges for these trades.
Hi,
What if I buy on CNC but the price shoots up and I sell on the same day (intraday)? Will the trade be executed? Is there any extra charge for that?
Thanks
Yes and it will be considered an intraday trade and charged accordingly.
Suppose I buy a share on 3rd of month(Friday) and then the company has ex-dividend date of 6th July (Monday).
And if zerodha settles my share on 7th of that month,will I still be eligible for the shares because my Trade date is 3rd of the month?
No, you need to be a shareholder by the time of record date.
thank you for your help.
another thing if you could please help me with, me and my friend both have got account in zerodha,
in my holding say i have a \’lot\’ of thousand shares of company X, and i want to gift the whole lot to my friend.
is there any method or process to transfer the lot to my friends account??
without affecting the buy price??
TIA
You will have to move the shares off-market via DIS. Check this – https://support.zerodha.com/category/your-zerodha-account/transfer-of-shares-and-conversion-of-shares/articles/where-can-i-get-a-dis-booklet
hi karthik, i have a query, i would be happy if you kindly help me out.
suppose today at the start of the trading day i bought 1000 shares of company \’X\’, say at rupee 30 per scrip through CNC mode.
and before the end of the trading session the price got raised buy 1 rupee, at that time i decided to convert it into MIS mode and sell those shares.
now my question is that
1>so will there be any issues doing so??
2>if one or the other day i perform this kind of trade will there be any issues from Zerodha\’s side
TIA
No need to convert, you can sell it like that only. It will be treated as in intraday trade. No issues as such.
If I buy ITC shares today(Friday 03.07.2020), Will you credit the shares on or before 06.07.2020.
Stock settlement happens on T+2 basis, so you will get the shares by 7th July, considering 4th and 5th is weekend.
How many charges does Zerodha apply if I buy 100 quantity share of a certain company @1000 for consecutive 5 months and sell the entire 500 shares @1100 in the 6th month? please calculate the DP charges also.
Have posted the reply to your previous query.
How many charges does Zerodha apply if I buy 100 quantity RIL @ Rs.1000 per month for 5 months and sell @ Rs.1100 in the 6th month? Please include DP charges also.
Brokerage for delivery trade is 0. For other charges, you can check this – https://zerodha.com/charges#tab-equities
Hi,
I had brought Banknifty (qty:25) on Friday 06/26 and sold (qty:25) on Friday 06/26..
But the tradebook shows there was another additional Sell (qty:25) on same day.
So now on Monday 06/29 in positions, it still shows negative Qty: -25
Please suggest what should i do as i do not see anything in Pending orders.. have also raised ticket with Zerodha
Thanks,
Sujit
Hi,
i am new to the stock market trade. Today I sold 10 shares @447/share. However, an amount of 901.2 has been deducted from my account. I am confused, why such a large amount has been charged from me while I was selling the stock.
Please enlighten me on the exact process.
Adjusted against applicable charges (STT, Transaction, stamp duty etc). Do check the list of charges here – https://zerodha.com/charges#tab-equities
Yes I did, it shows the taxes being deducted. but if i check my account balance it doesn\’t show that the taxes have been deducted. The example that i gave in my first message is whats happening.
Tanmay, I\’d suggest you check the contract note and also the ledger statement for this.
I get that the STT is deducted by the broker on my behalf and remitted to the central govt. But as I mentioned earlier in the first message that i dropped, its not showing that STT is being deducted, only the share price is being deducted excluding the taxes.
So I want to know why is that happening?
Tanmay, did you check the contract note?
All the taxes that have to be paid when buying a stock.
STT is deducted by the broker on your behalf and remitted to the Central Govt.
Hi Kartik,
I have a query.
Suppose i add funds of Rs 5000 through UPI in my zerodha account and i buy 10 shares worth Rs 100/share at NSE. The amount deducted should be Rs 1000 + leverages but in my account the leverages are not being deducted, only the share price is shown deducted (Rs 1000) thus the remaining balance in my account shows Rs 4000. Why aren\’t the leverages being deducted? And if they are why isn\’t it showing in my account?
Hoping for a prompt response.
Thanks and kind regards,
Tanmay Gupta.
Tanmay, I\’m not sure what you mean by leverages getting deducted. Can you please explain a bit more?
Thank you Karthik for the quick responses. really appreciate it.
Also, is Zerodha a Depository Participant? If yes, what is the difference between Custodian and Depository Participant.
If you can kindly give example like NSDL or CDSL
Note: I read in some places, Shares are safeguarded by Depository and in some other places, they say, Custodian perform this task.
NSDL, CDSL = Depositaries, Zerodha Broking is a member of CDSL, and we are Depositary Participant. The relation is the same as Exchange and its members.
4. Also, is Zerodha acting as a Custodian as well as a Clearing Member?
We are not custodians but are clearing members.
Could you please answer my queries or make a write up on the clearing and settlement process happening with detailed steps and example.
Queries:
1. Zerodha as a Clearing member, how is it different from a Clearing house. I mean what is the difference in role
2. In which part of the Trade life cycle, Netting happens.
3. When a customer places order in Zerodha, is it matched with the orders of other customers of zerodha (if best price is available) or it alway goes to exchange directly.
1. Zerodha is a member of the clearing house; clearing house = exchange like nse, bse; clearing member = trading member like being a stock broker
2. In equity segment, netting is done at the end of the day at a client level. Again, it depends on the stock category, if it allows netting to get done. No netting off is done in certain stock categories like t2t; where obligations are derived on a gross basis
3. No, all orders are sent to the exchange directly.
I sold a stock on 15 June 2020 from Zerodha account. I was supposed get back credit in my account as per Zerodha on T+2 days. i.e. on 17 June 2020. I have not got credit even on 18 June 2020. How much time Zerodha really takes to credit amount after selling stock practically?
Can you please check the ledger once, Chandrakanth? It should reflect there and also on in Kite balance. Else, I\’d suggest you speak to the support desk for this.
I have a query kindly clarify. I bought 150 shares of Cyient @Rs.220 each on Tuesday in CNC mode. Instead of going into an option \”Exit position\” I sold 150 shares from the watch list sell option by Thursday at a price of 225rs each in CNC mode. And the end of the day the share price came down to 219Rs . Again I purchased 150 Shares in CNC mode. Later I found that the shares which I bought on Thursday (@219) that only got sold out on the same day. It just seem to be like a intra day trading. Actually the shares which I bought for Rs.220 on Tuesday it still remains in holdings. Kindly clarify why it has happened in that way?
1) If I bought 150 shares in CNC mode on Tuesday I could sell those shares by friday or by Monday as per the zerodha policy of T+2 day. Incase if I am selling on the T+1 day or T+2 day then is it necessary to buy 150 shares back within the same day evening?
2) The shares which I sold on Thursday that profit amount was not yet credited until Monday morning. So approximately when that profit amount will get reflected in my account?
3) If I want to sell a stock from my holdings then do I need to go for an option \” Exit position\” or else I could press the CNC sell option from the watch list itself.
4) Incase if I do intraday trading will the profit amount will get reflected on the same day itself ?
Thank you.
1) Since you bought and sold shares on Thursday, it was treated as an intraday trade. Your CNC shares continue to stay in the DEMAT. If you are selling from DEMAT (CNC), no need to buy it back unless you intend to do an intraday trade
2) It should be reflected in your account by the next trading day. Do check your ledger report.
3) You can choose between both the options
4) By next trading day.
if i buy share on cnc and sell will its comes under intraday or not will it cost me any brokerage . if yes then how much per share or per transcition . when will brokerage deduct bfrom account or fund.?
Yes, if you buy and sell the same day, it will be an intraday, even if you do it under CNC. Charges are mentioned here – https://zerodha.com/charges#tab-equities
How Average Price of a share will be calculated in this case for T+2 Days?
For Example: If I Own 450 Qty of shares Worth 100 Rs Each in my Demat Account which is Delivery and bought months back.
Now again If I bought 450 Shares for 110 Rs By Friday and suppose i sold all 350 shares by Tuesday, will it be considered as Intra-day or how it will work.
Also will this affect my Avg price of old 450 shares and Avg price will 105 each?
450@ 100 and 450@110 gives you a buy average of 105. If you sell on 350 on Tuesday, then this is a different trade, not an intraday trade. It won\’t affect your buy average of 105.
If I have placed an AMO CNC order which went through ,but then later exit the position,will my shares be sold at LTP(which is less than the price I bought for ) incurring loses+brokerage+taxes?
Yes, thats right.
Hiii sir … When my profit of currency trading will added to margin or trading account balance ?
On the next trading day.
Sir, Suppose, if I purchase RELIANCE share 1@1500. Now Average Price is 1500 Rs. Share price goes down, I purchase RELIANCE share 1@1100. Now average price is 1300 Rs. Share price goes up, Now, I sold 1 share at 1350 @ 50 rs benefits (share 1 @1500 out from Portfolio as per FIFO & now average price is at 1100 Rs). Again share price goes down from 1350 to 1250, and I sold another leftover share 1 @ 1250 (purchase @1100) from Portfolio with the benefit of 150 Rs. Please, tell me, how much profit or loss I have gains (without including any charges) ? How it calculated?
Tabulate all your buys along with quantity and price, multiply the qty and price, sum up all the multiplied values, divide this sum by the total number of shares and this will give you the buy average. Do the same for selling, this will give you the selling average. The difference between buy and sell is the P&L.
Dear team,
I have an issue with on-hold shares which I have sold them today. On June 3rd I bought the 600 TataMotors & 50 RBL Bank Shares and June 4 bought 250 RBL Shares. Ideally today I have sold all of them in MIS trade. But the issue is all of sudden at around 03:21 PM& 3:22 PM two more MIS Buy orders got placed automatically at market price for Tata Motors@112 and [email protected]. What could be the issue?
Is Zerodha has treated this sale as Short selling though I have shares in My account?
I request you to clarify.
Thanks
Paramesh
MIS trades are intraday trades, has to be closed within the day.
Dear team,
Suppose bought 100 shares for x company and sold on the same day. And again I bought 400 shares for the same company and sold it on same day. Do I have to pay two times Intraday charges?
Yes, these are two different orders, hence you will have to pay per order.
Yesterday 42 rupees and today 48 rupees were deducted as net settlement charges. What does those charges include?
Please check the ledger available on Console for narrations.
Hello
Are Net settlement charges and DP charges are same thing?
How much it is for zerodha in Intraday? Daily money is getting deducted even after getting profits.
No, they are two different things, check this – https://zerodha.com/charges#tab-equities
If I sell my CNC shares on T+3 day,the funds/margin is available back to me.Can I place another CNC order using these funds/margin?
Yup, you can.
i am trying to reach support team since morning for some query. They are not answering the call. Can you please let me know the issue.
Hi there,
Suppose I hold shares worth 1L and at 10:00 I sell them. Will I get negative margin in this case to make certain intraday trades and later at the end of the day I can buy back the shares I originally sold at 10:00 before the EOD. Also if I sold shares worth 1L(CNC) can I buy shares worth 80k(CNC) on the same day, if the sell order is executed first?
Yeah, you can.
Hello Karthik,
Is it possible to short sell stocks using CNC option
No, that is not possible.
If I buy a delivery trade on Friday(T Day), will Sat and Sun be counted as T+1 and T+2 respectively or Monday and Tuesday be counted as T+1 and T+2?
No, only working days are counted in this context.
for intraday transactions,, If i buy XYZ stock for 3 times at different rates and then sell all those shares in one transaction, so charges will be levied for how many transactions… as 3 buys and 1 sell happened.
Yes, 3 + 1 = 4 transactions.
I bought the RIL RE BE share At 201 rs per share but when i tried to sell these share it automatically rejected. What should i do to sell these share.
pls help.
Please do check this – https://tradingqna.com/t/reliance-right-issue/77333
My only intention was that in such examples details of DP charge be mentioned explicitly and that one does not have to search for it in comments. Nevertheless, it would be great if you could answer the following two questions:
1. (General question) Is DP charge applicable on BTST trades?
2. (Specific question) Let\’s say I bought 10 shares of SBI on Monday. Kindly provide two answers – (a) whether the trade qualifies as BTST and (b) whether DP charge is applicable for the trade – in the following three scenarios:
Scenario 1: I sell the shares on Tuesday.
Scenario 2: I sell the shares on Wednesday.
Scenario 3: I sell the shares on Thursday.
1) No, it is applicable only when the shares are debited from your DP. In BTST, the shares would not have hit your DP yet
Scenario 1 – No DP charges
Scenario 2 & 3 – Applicable
It\’s unbelievable why there is no mention of DP charges in this chapter, and why the DP charge question must be asked separately. Even in the brokerage calculator example, there is no explicit mention of the DP charge (even as a note or caution), and it is only shown somewhere in the list of all charges. Moreover, given that this a Varsity chapter seeking to educate people, especially those who are new to trading and investing, it is a must to mention this cost. This is true more so because newcomers are likely to trade in small amounts initially and they can unknowingly lose a significant percentage of investment in DP charges itself.
Sure, DP charges including GST is Rs.15.93/- per scrip. For example, if you sell Rs.10,00,000/- worth of Infosys today, your DP charges will be Rs.15.93/-.
i bhout 33 shares of icici bank on monday @ 331 rs and sell it wednesday @345 at 9.15 …but profit is not credited to my demay ac
what will be the charges
Please do check with the support once.
Hi,
I have been trading for a couple of months now, almost always in large cap stocks. I wanted to know the risks involved in buying today and selling tomorrow. I always put a trigger price in the purchase of my stocks and it has worked well for me due to the high volatility right now and while most of my stocks get sold only after the second day, there have been occasions where the stock has sold on the next day (on the rare occasion on the same day too!). I\’ve not faced any issues–is it because they are of low values?
Do check this Falak – https://support.zerodha.com/category/trading-and-markets/trading-faqs/articles/btst-risk
Hi sir i have ho;dings 23, i purchased all each 1 share of CNC so if i sell it after 1 month can i get my money what i invested to my funds..
Yes, but it depends on how the stock price moves.
Hi karthik, hope you are doing fine.
I do have a query, i would be really thankful if you do clear that.
Suppose i have 100 shares of company \’X\’ in my demat, and on a particular trading day i placed a sell order for all those shares, say at a limit price of \’12 rupee\’. but if on that particular day the stock didn\’t hit my given price.
so what will happen exactly??
1> will my order gets cancelled at the end of the day? or
2> will it get executed at the closest price around my offer price?
TIA.
Hi Karthik,
I have just bought a share (CNC/DAY) for the first time and the order is showing in pending category; my money also got deducted from Funds in Zerodha account . My question to you is that will I get my money back if order is not executed by the EOD ??
Yes, as long as the order is pending, the fund will be blocked. It will be released if the order does not go through.
Lets say I have 100 shares of ABC and I sell 100shares and buy 100shares of same ABC company shares same day will it be charged for intra or for delivery charges ?
Yes, it will be charged as an intraday trade.
Hi Karthik,
Thanks for previous clarification.
While calculating ROE(Dupont model) in asset turnover formula you have taken the net sales as 3437 crs but I think the net sales mentioned in P/L statement is 3436 crs. Is it a typo or am I missing something ?
Please clarify.
Possible that its a typo, please do double-check the numbers mentioned in the AR once, Ganesh.
Hi Karthik,
Please clarify my 2 confusions.
1) if I have bought 100 shares (CNC) of Zeel @ 160 and again I buy 100 shares of Zeel @ 145 and now the share price is say 155 . Then can I sell 100 shares which I have bought @145 ? Or if I place an order to sell 100 shares which shares will be deducted ? Does it work in FIFO ?
2) If I have sold shares(CNC) today worth rs.10000 and in my funds the available amount shows 10000. Then can I buy shares of other company the same day with that amount or should I wait till T+2 day to credit the amount and then look for buying ?
1) Yes, works on FIFO basis
2) Best to wait till T+2
Hii
I have done trading for first time from axis direct on 5th may 2020
But I didn\’t got any credit note
Only thing happened that my money has transferred to axis securities.. I didnt got any message regarding my shares or bill
Now in that case what should I do
How can I sale that shares which I have purchased
And unblock my funds
Please be needful
Sneha, you need to check with your broker for this:)
Please make sure you have been credited with the shares in your DEMAT account.
Hi,
Could you please explain what are stamp charges? , and the criteria of its charge.
Please check this – https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/uniform-stamp-duty-from-jan-9th-2020
Respected sir , Mere se axis bank 460 ka put april expiery ka sell reh gaya same day evening mujhe broker ka call aa gaya sir 11 lakh ki del. Ayegi apki bank main transaction nahi ho raha kya karta a.c main payment margin short 1% charge lag gaye aaj monday phir 5% charge lag gaye ab main kya karoon pls help me sir its very urgent 7000959852 [email protected]
Hi Rajneesh, hum yahan support nahi dete, kripya hamare support team ko call karein ya ticket raise karein, is link par contact details mentioned hain: https://zerodha.com/contact
Hi,
By end of Friday (30th Apr 2020), I had total of 104 shares of a company X, as per breakdown view. But only 58 are shown in the holdings. And T1 is shown as 55 in them. I wanted to confirm about remaining 46 shares, when will I get these shares
Can you please check the contract note once and then call the support team for this?
I am a new trader & as a practice during last few days i purchased stock through CNC option & sold it same day or T+1 day but faced no problem. Suppose i have purchased some shares on T day through CNC option & they are shown in holdings. Should i assume that they have been credited in my demat account & can i sell it on same day? or is it mandatory to make purchase in MIS option for intra day trading? Please clarify.
Balbir, its best to stick to MIS for intraday and CNC for Delivery trade.
if i have 1000 shares of tcs and i want to sell the shares and current price of TCS is rs 1000 so the total will be (1000*1000=1000000)
if i have sold at 1000 per share so automatically all the 1000 shares will be sold @1000rs or different amount of shares will be sold at different price?
Depends on the order type, if you have placed a limit order, then everything will be sold at 1000 else different prices.
What if I buy shares Reliance 10 qty on monday but due to downtrend price of stock goes down then i converted position of stock to CNC .
Next day again the price collapse. Next day if I am getting some profit e.g 150 on 10 qty , so I sell all stock qty.
how much amount is deducted from my account and shall I get profit.?
This will be considered as a BTST trade. Applicable charges will be levied. Do check this – https://zerodha.com/charges#tab-equities
Sir, i want to know will my buy average price be affected if i sell my holdings at 1200 today and buy it back tomorrow at a much lower price.
because, you said it will take T+2 days to transfer the shares from one Demat to another.
Yes, this will change based on the price at which you will buy.
First of all , thanks for providing such a clean information. i have a doubt
i sold a share at around 550 today from my holdings and if i want to buy the share back tomorrow,
will my average price changes or it is the same as previous
It will change based on the price you buy the share.
First of all , thanks for providing such a clean and neat information. I have a doubt.As stated , the shares we sell gets blocked as soon as we hit sell. But after 3 days i.e on T+3 days the funds will be transacted to our DEMAT.Now the question is , will the stock prices also gets fixed on selling day or prices are dynamic and i get the price which is on the day the buyers purchases the stock?
It the price at which you will sell, Yash. No other price matters.
Hi Karthik,
Please elaborate if I sell the share on T+2 day. Is it completely safe? As you mentioned above that on T+2 day share will be receive on broker end so I guess it\’s safe to sell. Is there any kind of risk involve on this trade? Thank you.
Regards,
Sharad
Yes, you can sell on T+2, there is no harm. But at times, the buyer could have defaulted which means you may not get the shares on T+2 as expected, although this is a rare occurrence. This means the CNC sell you do on T+2 could result in an auction. So always ensure the shares are in your DEMAT before you sell.
hi.
i shortsell the infosys 2 share at 10 am and exit from them at 10:30 am and my fund is not shown in my account . Is the shares are shortsell or not ????
Are you talking about the P&L? I\’d suggest you check the contract note once.
Dear Nakul,
Thanks for the information.
Hello,
I am having 10 @ 200 share of in my holding
I sell 10 share at the rate of 210, so profit will be 100/- .
On the same day I purchase 10 quantity of same share at the rate of 206/-.
I am still getting the 10 shares in my holding at the rate of 200 and I got profit of only (210-206)*10 = 40/-
Please let me know how to share the equity from the holding.
If I sell the share from holding and purchase again then it should be reflected in position with new purchase rate,
but it shows the original rate of 200/-
Guide me from this confusion.
Thanks
Hey Raj, the sell and buy transactions on the same days will be considered to be an intraday trade and doesn\’t affect your holdings average. Do go through this support article for more info on this.
Iam Ramesh kumar, C32582. A adverser company from Banglire Stalwartgains, Indira Nagar Banglore Name.Ruth took my password and UserID and took my amt 70k. and switched off her mobile. Is there any refund and complaint against this issue plz inform me. Again Dreamgains company took service charge of 50k and they told me recover all loss but, they also not returnd me any refund to me. Is there any possibilities plz inform me. 7396077014 &9490664034. Iam suffering from health problem plz help me Sir. I need money now. If any refunds plz deposit in My account. Chintala Ramesh kumar, IFSC code no. SBIN0000806, AC NO. 20363515984 SBI.Anantapur Andhra Pradesh.
Can you please email the details to [email protected] ?
Do check this – https://fightstocktips.zerodha.com/
Suppose a client unexpectedly dies or risk happens Angel Broking will provode any risk coverage mortality coverage to his family members. If Angel Brokings is giving such risk coverage payments plz intimate it to the client,and broker. Myclient code is C32582.
I\’m not sure about this, no such thing at Zerodha though.
Hii Karthik,
*Please tell me refund is possible or not ???
*How can i get my account opening fee??
*What\’s the processor for refund ??
Please contact the support desk for this. Unfortunately, I cant help you with that here.
Hii Team,
I was trying open demat account and amount also deducted 300 rs but due to my addhar card not link to my current mobile number so it was failed.
Same issue facing my brother also his email id [email protected]
I need your help guys Kindly coordinate with me and resolve this issue asap.
Kindly suggest how to open dmat account,
Other wise refund my amount.
Mobile Number – 9891918082, 8178538862
Ajay, as you know we are all working from home due to Covid 19. Can you write an email to [email protected] for this? Meanwhile, you can link your mobile to Aadhar do check this https://uidai.gov.in/my-aadhaar/avail-aadhaar-services.html
Hello Guys,
maine zerodha k through login kiya and 300rs amount deduct b ho gya but mera account open nhai because mera addhar attach nhai hai mobile number se so i want refund my amount 300 rs.
Does this t+2 settlement apply for intraday trades as well?
Nope, only for delivery of stocks.
What happens if I buy a CNC order on \”T\” day and again place an AMO order in the morning of \”T+1\” day to sell it .
It becomes a BTST (buy today, sell t\’row) trade.
Why is there a difference in the Realized profit/loss in intraday and the settle amount? After deduction of brokerage and taxes the deduction i still not matching and there is a big difference in the Realized profit/loss and settlement amount?
Have you checked the brokerage calculator? This gives you a perspective of the applicable charges – https://zerodha.com/brokerage-calculator#tab-equities
Hello,
If I buy 10 shares of a stock using CNC option , is there a limit in selling all the shares the same day / next day ? Or will there be any additional charges in selling all the shares ?
You can sell the entire qty or partial. No restriction on that.
I am client of Motillal Oswal. I purchased shares on Monday 13th April 2020. Today I am seeing the shares in my Demat Holding account in my App. Does it mean that I am able to sell the shares tom i.e 15th April. Note 14th April was bank holiday
Yes, if its in your DEMAT, you can. However, y\’day was a holiday for settlement as well. I quite doubt the shares are in your DEMAT. Please double-check with the Motilal Team.
HI I have purchased a share at different price level Eg One at 590 second at 550 and third at 520 on the same day in CNC.
After few days if the price goes up by 540 i want to sell the share which i have purchased for 520. Could you pls provide the knowledge how to sell it. or how the selling will happen in this situation. Pls help
This works on a FIFO basis. When you sell at 540, it gets offset against the 590 purchase.
Hello ,
Assume I don’t have ABC shares In my demat account but I sold it on my T day on CNC type. Can I buy it back on my T+1 day or it would be turned as “short delivered“.
Yes, you can buy it back again the very next day.
How will I know the amount of profit made after deducting the charges
You can look into the contract note for the day.
when i sell a stock on zerodha, the charges will be deducted and reflect in the funds or will the charges be deducted directly from the bank?
Charges will be debited from the funds.
can i opt for the offline process to open account now?
I mean is the process going on now?
because the aadhar seva kendra right now is closed till further notice and i am not sure if it will ever start within months.
TIA.
Nope, we are working all working from home, Rohit. Not possible till the lockdown is lifted and we return back to normalcy.
Thank you, but is it possible to open account if my present mobile number is not linked with the aadhar?? and the number which was linked is not active now.
what should be done in that case??
will I have to wait such a long period of time to get that number linked??
please help. TIA
That will be a problem for online account opening. Suggest you get the number updated from aadhar seva kendra and try again.
is it possible to open a new account with zerodha through online now??
i mean within this lockdown situation??
Yes, Sir. We are a fully digital company. Follow the onscreen instruction here – https://zerodha.com/?ref=varsity
Hi Karthik,
Hope you are doing well.
I am new in the share market and last month I have opened Demat account in Zerodha.
I need one clarification, suppose I buy some XYZ company share on Monday and sell on it Thursday(after T2).
Is this selling amount immediately credited in my Demat account? if yes, can I use that amount to buy ABC company share on the same day (Thursday)?
Is there any penalty applicable to the above scenario? I mean to use sell amount on same day?
Thank you in advance.
Thanks & Regards
Rahul
Its credited on T+ basis, so you\’ll get the cash on Tuesday.
Sir i have a question , please reply i really need help.
I buy in Mis 300 shares of A company yesterday but after that i changed my order mis into cnc i had all money to buy these shares . but today when i see my holdings there is no share of that company and my money also deduct . can you please help me please
my 37 thousand something deduct which is required to buy these stocls but shares not display in my holdings not even show T1 .
please help
It should be shown in T1, please check your contract note once. That should clarify, else please call the support desk.
PLEASE REPLY IF CMP OF STOCK IS 104.90 RS. AND I place BUY SL order – Price -106, Trigger Price – 105.05 at 10:00AM
Now if the Stock price direct jump from 104.90 to 106.90 then is there my order will open or execute or pending??
The order will stay pending, Dinesh.
Hii,
My question is about Equity delivery CNC.
If I bought a share on \’Monday\’ , so will it be possible for me to SELL that share ON SAME DAY?? i.e on Monday. (FOR CNC delivery)
If yes, then please tell me what is the difference between Intra day and delivery trading? What are the benefits of using MIS over CNC?
Please tell
Yes, you can and the trade will be considered as an intraday trade. MIS is intraday order type and CNC is when you intend to take delivery of the stock to your DEMAT. When you use MIS, you get intraday leverage. Meaning you can buy for 100 worth when you have only 50 in the account.
Hi,
My holdings on kite shows: \’T1: 46 0\’
What does this mean?
Is the share credited to my demat account or not?
It means you have bought shares the previous day and you are due to get the credit for soon i.e. on T+2 day.
Hi Kartik,
I am new comer in equity market and I have to earn practical knowledge and experience on trading.
pls recommend me some stock in current situation so i can buy it (with less qty)
Thanks .
Unfortunately, we can\’t do that in Zerodha 🙂
Thanks,
Another doubt I read in one varsity chapter that you could be fined/asked to pay penalty if you sell stocks (CNC) before they arrive at you demat account on the evening of T+2 day. This is the chapter where you talk about illiquid stock/ Class B stock, and how they go on the auction route and if their is a big fluctuation in the buying price then the difference would be debited from my DEMAT account by the broker.If this is true should i always sell on T+3 day to avoid any penalty?
That is one of the best practise Aksha. I personally follow that a well.
I bought shares of Monday (T day) and sold them on Wednesday (T+2 day) during market hours, when will the money be credited for selling my shares and will i invite some penalty or deductions other than the normal.
No penalty as such, assuming you have the shares in your DEMAT. The money will be credited on a T+2 basis.
I have a doubt; I would like to know how profit is calculated in the scenario given below.
Suppose I buy 1 share of company X in CNC at 100/- on a day (say Monday) and sold it the next day (t+1) i.e. Tuesday at 105/-. Again buy back it on Tuesday day at 95/-, how much will be the profit in this scenario, 10/- or 5/-???
Secondly, will there be any difference if I do the same after T+2 day i.e. on Thursday after the share got credited in my demat.
Please answer.
Realised profit is 5. Nope, the calculation technique is the same.
ok Karthik, can you please tell me where can i view and find the \”Lock-in period\” of the shares before transacting for delivery?
TIA.
Rohit, there is no lock-in period per say for equities.
Agar cnc me same day sell ni kr paya to next day sell kr skte h kya?
You can, provided the stock is eligible for BTST trade.
Kya cnc me share same day buy and sell kr skte h
Yes, you can. It will be considered as an intraday trade.
Agar me intraday me share buy kru to us share ko aaj hi sell krna padega kya?
Yes, you have to.
Any update?
I bought Idea share on 19th March,2020 and same day I sold it. But still the money is not reflecting on my fund. In tradebook it\’s showing ONLINE DIS. What should I do now.
Did you check the ledger entries? If not, please log into console and check for the funds.
Sir agar me abhi pnb ka share buy kru or usko kitni der bad sell kr skta hu
If you buy it for delivery then you can sell it after two days. If its an intrday, you can sell it anytime after you buy.
Thanks Karthik.
1. what if I choose to keep the scrip with me and not doing the intraday? Will I be penalized? If yes, then how much?
2. It has not calculate an average for me. (first I bought 23 qty (LTP 150) then I sold it all then again bought 23 qty (LTP 100). I understand the average would be LTP 125. But when I bought 1 qty (LTP 90), then it is not calculating the average i.e., (150+100+90) / 3 = 113. I just gave you an example so that I can explain what I wanted to say.
3. lets say when I first sell my 23 qty (LTP 150), I gained a profit of 500 INR. But when I purchased it again i.e., 23 qty (LTP 100) my profit is also increase. How that calculation is happening. Please explain.
1) Your MIS position will be squared off at the end of day, if you don\’t do it, the RMS team will. If the team does, a fee of Rs.50+GST will be levied
2) & 3) I\’d suggest you speak to the support desk, its easier to explain this over phone
Hi,
I am new to trading so please bear with me on my questions 🙂
1. What is MIS?
2. I go through the comments and there I see many times you used squared off. what does it mean?
3. I bought RIL shares today at 10:00 AM and sold it at 11:00 AM. But when the price of that stock goes down again I bought it again at 12:00 PM. I wanted to understand how the LTP will be calculated (I believe it is an average but when I purchased a 1 share of RIL again at 1:00 PM then my assumption of average fails). Please help me with it.
4. In continuation of point #3, when I first sell my shares at 11:00 AM. I have gained some profit. But when I bought the shares at 12:00 PM. My Profit amount is gone or some kind of average it started taking. Please help me with it.
Regards,
Prince
1) Intraday positions are MIS
2) Square off means that you exit the position you have initiated. For example, if you\’ve bought a stock, a square off order for this is to sell the stock
3) Yes, works on an average basis. FIFO method is used to calculate this average
4) It won\’t go unless you\’ve made a loss on your 2nd trade
Dear Zerodha,
I had the sell my share (Sbilife ) on 2nd March 2020 and till not credit the amount in the demet/bank account even i can\’t find the money the statement. can you please check the what happend that amount and where is stuck , hence today 22nd March 2020.
if you required the order number i will share with you, also provide me the mail id so i can raise the query, i am not finding any mail id or customer service in the web site.
Thanks
Navin Pandya
I think its best you call the support desk t\’row and check with them. The credit for sales happen on T+2 basis, so you should have got it by now.
Hi
I bought Bajaj finance stocks via cnc under bracket order in this Manner
1) Buy 1 stock -got sold
2)Buy 2 stocks – got sold
on the same day and same hour. Now it shows 3 stocks in my holdings and the amount is not credited in my trading wallet,
In such case when will the amount get credited please advice as iam a new user.
Chris, there is no concept of buying via CNC under bracket order. Bracket order is an intraday order type, CNC is for delivery. I\’d suggest you call our support desk to get clarity on this.
Hi Karthik,
So you mentioned that I\’ll get my shares on the 3rd day. Let\’s say I bought my shares today and I see prices falling and I plan to sell them off today itself, the question here is:
1. What\’s the problem if I sell my shares before they hit my DEMAT account?
2. If I sell on the same day/next day, will the Selling Price be what it is at the time I sold it or will it be the Price at the moment when the shares actually hit my DEMAT account?
TIA
1) No problem, it will be treated as an intraday trade
2) It will always be at the price you sell i.e. the price prevailing in the mkt
REG: Retention statement
Have received, retention statement. Unable to access any of my Yes bank shares, Not even 25%. Is there any way i can resolve this issue. Do i owe anything to Zerodha that i need to settle.
Retention statement has nothing to do with your Yes Bank shares. 25% must show up in your terminal. Can you please double-check? Else, please call our support desk for this.
if get 1000 profit on intraday trading of 1000share buy and same 1000 share sell of @300 stock price
That you\’ll be a happy man 🙂
can anybody kindly help me out over an issue I am having trouble to understand?
lets say, suppose i have 40000 rupee in my trading account and i want to start intraday trading in NSE.
Suppose share \’A\’ is going at a price of 35 in the market, so i bought 500 quantities of it.
i found the same share price goes upto say 36 rupee and i decided to sell all of it.
now my question is that,,
1) how much time my broker will take to execute the order?
2) will it be brought and sold at the same price which i wanted it to be?
3) how many this kind of trade can i make in a single day, like buying and selling a whole lot? are there any restrictions or limitations?
Please help me out..
1) Generally speaking, the execution will happen within split seconds irrespective of any broker. This is assuming the scrip is liquid enough
2) Yes, you can use Limit price for this
3) No restrictions. You can trade as many times as possible.
I have sell my 7 holdings from zerodha account today on dated 13/03/2020.Now the share price increases & i have to again return back that all holdings to my dmat account by today itself.So my question is can i do that? if yes then what will be the price for that share?that will be current price or the price on which i have sell it? please reply
Pradeep, you can buy it back. The transaction will be considered as an intraday trade.
Hi,
For example,
In Kite, I bought a stock few days ago 10 shares @ Rs. 100; Today morning I sold 10 shares @110; So the profit is Rs. 100; The shares got debited from holdings. Again in the same day afternoon I bought back 10 shares @ Rs.115; Now the shares got added in the Holdings showing the 10 shares @ avg. Price Rs.100 and the total profit Rs. 150;
Please explain how the brokerage and profit will be calculated?
Thank you,
Profit is 10 sir, not 100. Average price is based on first in first out basis (FIFO). Do check this – https://support.zerodha.com/category/q-backoffice/portfolio/articles/how-is-the-buy-average-calculated-in-q
Sir
Please clear the doubt, suppose I have bought 10000 shares on CNC and the person from whom I have bought he sold on MIS.
and suppose other transaction which happened all day got an equal type of transaction ie MIS on MIS and CNC on CNC. Then my question is that the shares which I have bought on a delivery basis, from where I will get those shares.
MIS CNC are all tags used by brokers, at the Exchange there\’s no real meaning of it. So if I\’ve bought in CNC, and the guy who has sold it to me is an MIS the MIS guy will have to buy it back, which means someone else has to sell it. It doesn\’t really matter who the counterparty to his trade is, for his sake, he\’ll receive shares if there\’s a net positive at the end of the trading session.
Sir, I buy crude oil on the rate of 4147. After 3 or 4 days price goes down to 3950 i.e., approximately minus 200. I hold it for it and waiting when tge prices goes up I will sell it as per my profit I want. But today 11000 rs is deducted from my account in the name of clearance and settlement process. Plz, help why this is done ?
I contact at zerodha support centre in the morning she said that sir this is the process because you trade in the future option..
Futures are subjected to mark to market, Prince. Hence the deduction.
How can I know the brokerage and income of a particular day in zerodha ?
Look at the contract note at the end of the day.
Q: Suppose I have 100 shares of Infosys @ Rs 700/ AVERAGE COST.The LTP is suppose Rs 750. I undertake the following trade.
SELL 100 SHARES @ Rs 750 LTP = 100 X 750 =75000.
BUY 90 SHARES @ Rs 750 LTP = 90 X 750 = 67500.
So it is obvious the AVERAGE COST should now be Rs 750 per share which is the purchase price.
But your KITE trading platform still shows the AVERAGE COST as Rs 700 per share instead of Rs 750 per share.
Why is this happening?Please explain.
If the sell and buy transaction is executed the same day, it\’ll be considered as an intraday transaction since there is no movement of stocks from/to your demat. Hence the average cost of your holdings won\’t change. You can go through this thread on TradingQ&A where a similar query has been answered.
Hello Zerodha Team,
Could you please explain Life cycle of trade from a view of Investment Bank? I mean what happens at back end? Front office/Middle Office/Back Office. What are their roles and how they are interrelated to each other.I tried to search a lot on Google but everywhere I get different answer. So please do revert.Thank you so much in advance..YOU GUYS ARE AMAZING WORK..
Front office people are usually client-facing, usually sales and few traders make up the front office. These are the highest-paid folks in the IB. The middle office is risk management, they monitor trader wise and enterprise wise risk positions. The back office guys do the post-trade recon work, most of the IBs have outsourced the back-office task to India.
Hi, for a trade to happen there should be a buyer and seller. But at end of day in the order book there is difference in the number of buy qty and sell qty. Why so?
Its the number of orders, which can be different.
I bought a share (PANTH INIFINITY) on Monday (23 Dec) but still it appears T1. When will the stock will be credited to my account / is it possible to sell it?
You need to check of this is in compulsory delivery list, if yes, then you have to take delivery and cannot do BTST.
How can it be done? Unable to do it. Can you please help?
The system takes care of this, Mayank. You need not have to worry about it.
I bought few shares on just say 10 days back and yesterday added few more shares for the same company. Is it possible to sell only those shares which I bought yesterday i.e. which are in T1?
Yeah, you can.
hi,
I have doubt about settlement. For example, I have sold the shares for Rs.1000/- profit today morning. after it sold, it was showing in my position. the price of that particular share was volatile and it dropped. Finally in my position tab, it was showing my today\’s P&L is only Rs.200/-. What was the my final profit of Rs.1000 on which i sold my shares or Rs.200 as it is showing in my position.
Thank you.
Lohit, since you sold from CNC the P&L from the position tab will not really matter.
Hi sir, i came to know that when i sell CNC buyed stocks on same day, it will charge as per intraday trade. If i bought large quantities of stocks through CNC, is there will be any problem of liquidity issue while selling the stocks on same day?
Depends on the stocks, not an issue if you are dealing with large-cap index stocks.
My another question to you sir, how many shares can I buy at one time, suppose I select ABC company for 37.75 can buy 2000 shares at a time. And what will be the brokerage charges from Zerodha.
You can buy 2000 shares, brokerage will be 20 per executed order.
Dear sir, can you please suggest us d best coaching/ learning tutorial for share Markets and future &options. I live in Bangalore. I would be thankful to you if can suggest me.
Sait, I\’d suggest Varsity itself 🙂
Futures – https://zerodha.com/varsity/module/fundamental-analysis
Options – https://zerodha.com/varsity/module/option-theory/
I am holding a share for last one month bought at 100Rs.
1. I sell it today at 150Rs after that the price goes down so I buy it at 130Rs.
Do I have to pay Depository charges?
2. If i sell it today at 150 Rs and next day buy it at 130Rs.
Do I have to pay DP charges?
3. How much DP charges do I pay when I buy or sell a share?
1) No, since the buy-sell will be considered as intraday
2) Yes, as your sell is from CNC
3) 15.5/- per scrip, irrespective of the quantity.
okay so in the reliance example if we sell only one share at profit of 5 Rs after T+2 days the amount which will be deducted are stt and dp charges …dp charges of zerodha is 15 rs so even though i sell my share at profit of one rs i will be in loss of 10 rs….is it?
And another question is that if i sell shares of reliance and other 5 companies share on one day will i be charges 6 companies multiplied by *15rs i.e dp charges or else only 15 rs in total please let me know
DP charges are 15.5/- including 18% GST. So yes, this transaction will result in a loss for you. DP charges are applicable on a per scrip basis, so yes, it will be 15.5 multiplied by 6.
I have placed the sell order for 500 quantity and it shows -500. Do I have to Exit also or my transaction is complete??? Please help as I am new to Trading and Zerodha Kite.
The -ve sign is just an indicator of the sell position.
Hello,
I sold around 170 stocks yesterday and then after about 2 hours bought 30 share at Rs.4136.50 price. However, my account shows Avg Price as Rs. 4149?
Why is this?
Nilesh
Nilesh, suggest you speak to the support desk for this. Thanks.
Hi team
I bought Graphite in the morning today as CNC (MIS not available for Graphite) . I could not convert CNC->MIS as MIS not available for Graphite)
BY 3:40 Pm ,i was in profit ,so sold my CNC. Will profit be counted/adjusted in my books ?
Karan, this will be converted to an intraday trade and the P&L will be set off.
Hi Zerodha Team,
I have a question regarding settling or intraday with CNC. Here is an example set:
– Suppose I buy have 100 Shares on Mondy in CNC.
case1:
– This means I can either carry it or sell it before 3:20pm. Is this right?
Case2:
– In case I do a short selling on Tuesday, then until what time can I close the transaction or buy back the shares to close the intraday (Note: I already purchased the shares on Monday)
Case 3: If is possible to do CNC shares short selling until 3:30pm.
Thanks in advance for your reply.
1) Yes, thats right
2) You will have to close the short on Tuesday itself.
3) Nope
sir ,
if i have 50 shares of HDFC bank in CNC since few months ,can i sell those shares and use that money to buy some other share in cnc on the same day.
Yes, you can do that.
Hii, I did intraday trade on 14th oct and 15 oct, on 14th i lose 840rs and on 15th i got 45rs.
but when i checked my funds its showing:
They Deducted following ammount from my funds:
14th Oct, 2019
Net settlement for NSE-Equity with settlement number: 2019192 Book Voucher 2876.8004
15th Oct, 2019
Net settlement for NSE-Equity with settlement number: 2019193 Book Voucher 1456.9461
kindly clarify
Ravikant, can you please check this support, they will give the exact split up.
OK Mr Karthik,
thanks
so BTST TURNOVER would be \”\” THE FULL SALE VALUE \”\”
RIGHT ??
JUST LIKE \”\” SHORT TERM SALE -TURNOVER \”\” ??
URVASHI MODY
Yes, thats right.
sir,
If I have 500 shares of a COMPANY, lying in the DEMAT.
YESTERDAY I bought 400 more shares of same company to average out.
TODAY the Quantity in my \”\” HOLDINGS \”\” show
T1: 400 500
sir,
Question is that if TODAY there is SPURT in prices & if I SELL OFF ALL THOSE \”\” 900 \”\” shares.
Then SALE of 400 shares in T1, will be considered as INTRADAY SALE ?????
( since it has not yet reached DEMAT )
This will give me an IDEA about my INTRA DAY TURN-OVER
please clarify
thanks
urvashi mody
If you are selling the next day, it won\’t be intraday, it will be considered BTST trade.
I have a question regarding margin available. I\’ve noticed that my balance or margin available kept decreasing for two consecutive days. I understand the charges applicable after trades. But the previous day i\’ve not done any trade so why did it decrease is my question. I had 186.68 as margin available the other day, it got reduced to 86.63 and then again today when i checked it was reduced to 70.68 That\’s a difference of 16 rupees, whereas I\’ve not done any sell or new buy. Please help me understand this deduction.
Animesh, can you please reach out to the support desk for this? You can also check your ledger which is available on Console – https://console.zerodha.com/
I bought a share on 18th sept total share was of 20045, and i sold it 20801 on 20th sept, earlier 200 was there, but now i i am trying to withdraw , the console is showing withdrawable amount as only 189, why so?, when can i completely withdraw my amount.
Prashant, can you please call our support desk for this? Thanks.
I made a profit of INR 750 in Intraday trade, but only 681.61 was credited into my account.
Where is the rest of the money i.e. INR 68.39 gone ?
It must have been adjusted towards applicable charges. Please see the list of charges here – https://zerodha.com/charges#tab-equities
Hello Fellow Traders,
I am very new here and my query is as follows. I purchased 500 shares of company X and after few days I got them in my Demat. Again after 2-3 weeks the share price was high so I sold all my 500 shares. But the same day the prices fell below my original investment price and i exited my sell position. So did i do an intraday trade or did i do two CNC trades?
You sold from CNC and created a new sell order, which would have resulted in an auction. I\’d suggest you speak to the customer support desk to figure out the details.
sir,
INTRA DAY & SHORT TERM BUY SELL is MY ONLY BUSINESS
( presently , I don\’t do any F & O )
I show income as BUSINESS INCOME & FILE ITR 3
for CLARITY on AUDIT MATTERS.
I NEED TO KNOW MY TURNOVER.
YOUR TAX P & L REPORT clearly shows the INTRA DAY TURN OVER.
BUT…… OTHER SHORT TERM SALE TURNOVER is not visible ANY WHERE.
I remember previously some time back.
THIS FIGURE OF SHORT TERM SALE TURNOVER was clearly SHOWN in the REPORT.
so, NOW where can we find this \”\” TOTAL SALE TURN OVER \”\” ( intra day and short term )
thanks
TUSHAR MODY
Request you to please post or read through the comments in this module – https://zerodha.com/varsity/module/markets-and-taxation/
sir,
QUESTION 1
Assuming that I have accumulated shares worth Three Lakhs,over a period of time, say one month ( in my DEMAT ACCOUNT ).
Now , suddenly there is a spurt in prices.
I sell OFF HALF of the SHARES.
I wanted to know which shares will get SOLD FIRST.
is it FIRST IN – FIRST OUT ??
( Means the shares which i bought FIRST will get sold FIRST ) ….. ??????
QUESTION 2
the remaining 50 % shares will be shown at an \”\” AVERAGE COST \”\”.
so , this \”\” REMAINING \”\” shares average price is CALCULATED by ZERODHA based on the \”\” LAST BOUGHT \”\” 50 % shares ????
CLARITY on this question will help me TRADE MORE FAST.
THANKS
TUSHAR MODY
Q1 – Yes, FIFO
Q2 – Yes, we calculate using the actual acquisition cost of the remaining shares in your DEMAT
If I am buying a Reliance share on intraday using CNC
buying price : 1225
Selling price : 1227
qty = 1
it shows you have profit of 2 rs in positions but I understand there are charges need to deduct
so I checked in zerodha brokerage calculator and its shows as Net P&L is 1.62
I want to understand are there other charges over this trade ?
so can i believe 1.62 is total profit in this trade ? please clarify
snapshot of brokerage calculator bellow :
2452
Brokerage
0.24
STT total
0
Exchange txn charge
0.08
Clearing charge
0
GST
0.06
SEBI charges
0
Total tax and charges
0.38
Points to breakeven
0.38
Net P&L
1.62
Thats right, Rahul.
I bought X stock on XX date as CNC,next day i sold X stock on XX+1 day as MIS .
What happens in this scenario.
XX bought in CNC will hit your DEMAT on XX+2 day and the MIS trade on XX+1 will be closed by end of day and is treated as an intraday trade.
Karthik Rangappa says:
August 8, 2019 at 11:31 am
The brokerage is dependent on the number of orders you place, Bhavesh.
\’ Number\’ of orders OR purchase price ?
Eg:
(price/share x quantity) = purchase price
+ Component A ( percentage of purchase price)
+ Component B ( percentage of purchase price)
+ GST ( percentage of purchase price)
—————————————————————————-
total cost of purchase
—————————————————————————-
Its the number of orders.
On converting CNC shares to MIS (?)
—————————————————-
Is there anyway to convert a CNC share to MIS and disposing it off, thus avoiding DP charges? If yes, how should one go about it?
You can do the conversion intraday. However, once the shares hit your DEMAT, it will be CNC, no hacks around that 🙂
thank you, Karthik
Welcome!
DP = Depository Participant (Eg. Zerodha)
DP charges are applicable when one sells Demated share (s) from his/her account.
These charges are per day/per scrip. Meaning – whether one sells a single, 10 or 20 shares from his/her demated account in ONE day, or multiple times in ONE day, then 15.93/- (5 CSDL, 8.5 Zerodha + 18 % GST) is charged per day/scrip.
——————–
If you sell demated shares of 5 different companies in a day, multiple times in ONE day, then (15.93) x no. of scrips is charged ..
——————————-
if you hold 10 shares of a company, and sell one on ten different days, then DP charges are applicable 10 times.
————————————————
A beginner may overlook this…..like I did 🙂
You can sell the script in 1 shot or multiple shots (on a given day), the DP charge is applicable on a per day per scrip basis. If you sell 5 scrips, yes, it will be 5*15.93. Yes, DP charges will be 10 times.
cost of selling a single stock per day in Deliver mode !
Say, I buy 10 shares of a company for Rs.100 each. So total investment is 1000/-. Its a CNC purchase. For some reason, I want to exit from this investment immediately and the value is at par with my purchase price – no loss or gain. M net realized P/L would be sale price + transaction charges – which if sold at par would be negative?
Yes, while you make no profit or loss on the trade, you\’ll incur charges.
10.2 – What happens when you buy a stock? – \’ applicable charges\’
Right at the beginning of this topic, there\’s a breakup of the \’charges\’ incurred when one buys a stock. The break up is as under:
Example:
01 Brokerage Zero charges on Equity Delivery or 0.01% or Rs.20/- whichever is lower for intraday trades Zero
02 Security Transaction Charges 0.1% of the turnover 100/-
03 Transaction Charges 0.00325% of the turnover 3.25/-
04 GST 18% of Brokerage + Transaction charges 0.585/-
07 SEBI Charges Rs.10 per crore of transaction 0.1/
(5&6 are missing, if any; else typo)
So, if I buy 1 share at a time, ten times OR buy 10 shares in one go, the \’applicable charges\’ are a pure resultant of the price/share and there are no \’flat rates/minimum charges\’ ? Is that correct?
The brokerage is dependent on the number of orders you place, Bhavesh.
Also on DP:
What are DP Charges? What does DP stand for? Why and by whom is it levied? The look and feel of Zerodha is quite user-friendly. Is there an FAQ site?
I scanned through the QnA\’s above and its unlikely that I have missed this discussion. So, if you have 100 shares of Reliance, and decide to sell one at a time, on hundred different days, does that mean you\’d have to pay DP charges 100 times?
DP charges are explained here – https://support.zerodha.com/category/account-opening/charges-at-zerodha/articles/what-do-dp-charges-mean
FAQs – https://support.zerodha.com/.
On DP Charges:
Hello,
DP charges are applicable each time I sell shares of a company, right? Eg. If I hold 10 Wipro shares, and sell in lots of 2 so I pay DP charges 5 times? if its NOT on the same day?
Yes, that\’s right.
Thank you.
Welcome!
If some shares are in t1 or t2 then still FIFO would be followed or first t1, t2 and than FIFO ?
Yes, FIFO. Let me confirm this anyway.
Hello,
I have some query regarding order of stocks debited from my account.
Just assume that I bought 100 shares in 10 slots from the range Rs1000-10shares, Rs990-10shares, …. Rs800-10 shares.
Now I sold 25 shares at the price of 880.
1. Which 25 shares would be deducted from my account ?
2. How the average price would be calculated after deduction of shares ?
Thanks
1) First-in first-out (FIFO) methodology is followed
2) Again on the FIFO method.
will DP charges be deducted if we sell CNC shares and later on buy it back before the close of market? Thanks…
No, there won\’t be any charges here, Pravin.
Hi,
I did some trading with Futures & Options today. My option premium says a negative number which I believe is because I made some profit today. But can you please tell me when this amount would be cleared for me or credited to my trading account ?
Thank You
Ranjan
The credit happens by the end of day, Ranjan.
sir,
I understand that there is something called \”\” AFTER MARKET TRADING HOURS \” ( 3.45 PM to 4 PM )
when if you want you can buy shares.
NOW my question is
suppose on a particular day
I sell off some shares from my \”HOLDINGS\” ( as there is a sudden temporary spurt in prices by 11 AM ).
Now those \”same\” shares slump by 3.30 PM.
I feel that tomorrow again there will be a spurt.
so,can i buy those \”SAME\” shares in the \”AFTER MARKET HOURS TRADING\”
( Without affecting / Neutralising my Earlier SELLING done at about 11 AM. )
IS \”BUYING\” done in \”AFTER MARKET HOURS TRADING \” considered as a \”\”TOTALLY\”\” separate EVENT ???????
Kindly CLARIFY,
so that we know whether to \”\”DO it\”\” OR NO.
IF IT AFFECTS /Neutralises earlier SELLING. Then Obviously we will not do this AFTER MARKET HOURS TRADING.
Thanks
TUSHAR MODY
Hey Tushar, the aftermarket hours (closing session) is not a separate event. The intention of introducing the closing session was to provide traders with an opportunity to close out their open positions after the normal market session and thus avert avoidable shortages.
I bought 100 share in CNC yesterday . When I can sell it ? (I was not able to see the shares in the system.Where I can see the share in the system ? holding(?)
If you bought it under CNC y\’day, the shares would be in T+1 mode today. You can sell it today or wait till the day after morning to sell it.
Suppose I had bought 100 shares (Delivery) on T-day, and those shares were not available to settle on the exchange. Will I still be able to find them in my demat?
It could so happen that the seller could have defaulted. In such cases, you will get back your cash with up to 20% premium or you will get the delivery of shares with 1-day delay.
in intraday trading the shares don\’t actually hit your demat account the same day but you can sell those shares? are there any risks involved in doing so? is this perfectly legal? can there be the case when i sold certain shares without having them in my demat account and the shares not being credited to me for any reason?if so, then what will be the penalty?
Mohit, yes its certainly legal, no problem with that. However, the problem is that at time, due to the lack of liquidity you may not be able to buy back the shares (in case of short trades), then you will have an issue.
Karthik ,
Appreciate your Knowledge and your quick replies .
Quick question – Is it possible for me to Buy and Sell equity or commodity on the same day (multiple times ) ?
Yes, Sam. Thats possible.
Dear Sir,
Will zerodha charge any amount annually on leverage used for intraday trading…?
No, there are no charges for providing you leverage.
Thank u sir..
Appreciating your team work and approch to every person to make trading as well as other investment segments easy to use for new comers in market.👌👌👌👍👍👍
Again thank u…
Thanks for the kind words, Ishant. Happy reading and Good luck!
Hello Kartik,
I had eclerx stocks which i sold 1 day after the ex buyback date, i.e on the record date(10th may 2019) itself. I really do hope that i am eligible to participate in the buyback (in the retail quota).Kindly confirm ! Another question related to the same topic is that when the record date for a certain corporate action is given , then one should have the stocks in the DEMAT on the start of the day of the record date or by the end of the day of the record date?As in this case i was carrying the Eclerx shares in my DEMAT on the morning of record date (10 may) but sold in at around 10:30 am .
You will be eligible if you sold on the record date from your DEMAT account. The stocks should be in your DEMAT by the end of day.
I did intra-day trading on 15th May 2019 and booked profit of 16000 rupees. Funds haven\’t added to my account.
The funds will reflect in your trading account and not bank account, Srinivas.
Sir, My login id RS9590 Sir, i buy 200 shares trigyn in CNC mode and when i want to sell it in day 3 it not happen. it again showing in position sell and up and down happen. Again if i exit it shown in buy holding. Pl. guide me how to completely exit from this stock. and also why this happening in CNC mode.
C.P. Srinivas
Mob. 8106626632
Now sure what could be the issue, can you please try this again on Monday? You should be able to sell.
Dear Team,
This is regarding charges prescribed by Zerodha. So as we know that the other charges which is mandate for everyone in Zerodha can you please explain me that while buying shares we need to pay some charges also do we need to pay some charges on selling side is that true??? Please explain me….
Rgds,
Santosh.
Yes Saantosh, apart from brokerage, other charges are applicable too. I\’d suggest you look at the brokerage calculator for the charges applicable – https://zerodha.com/brokerage-calculator and the charge list for more details – https://zerodha.com/charges
Hello,
Dear, I have a question, suppose I buy 500 shares in MIS at Rs 100/share. and I want to sell 250 qty at Rs 102/share. and Book profit of Rs 500/-. and remaining 250 shares hold and sell on another price. then How i do sell 50% shares.
Please provide me answer.
Thanks & Regards
Irshad, you sell the 2nd half the same way as you sold the first half.
Hi,
i am new to trading i have some doubts can you clarify on this one.
1) suppose i buy 1 share for TCS today and end of the day share went down so i can move to next day.
2) i buyed share by MIS –> LIMIT–>Reguler–>Day.
3) but i want to my shares extend another 1 week dont want to sell due to shares was down.
Can you please provide the answers.
Thanks
All you have to do is convert your MIS to CNC position and you carry forward the position. Check this – https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/how-to-convert-mis-to-cnc-nrml-and-vice-versa
1.I was charges twice for dp charge on 1st april 2019 why?
2. If i comment here and someone replies then how i will come to know,there should be some way to notify me about the reply of my comment as i am supplying emailid here.
Dhairaj, DP charges are on a per scrip basis. I\’m guessing you sold 2 different stocks. If not, I suggest you call our support desk. Notifications are not possible since comments run up to 1000\’s and you will start getting spammed.
Hello,
Suppose I purchased the stocks yesterday(Say at 100/share) and sold today with 300rs profit then the stock price increased to (105/share). Now it is showing in position as negative -500 as a potential profit I would have earned. Thinking that the price again will go up, I exited from the position with current price and I bought back the stock at 105. Now in my Holdings it showing initial buying price(100) and profit as 800 INR. I am confused in this, I sold the stock at 100 and bought back at 105, shoudnt it show 105/stock as the price in my holdings and as per that price and profit as per second purchase price? or Is it canceling my earlier transaction and letting me retain my shares. Please explain.
Hey Amith,
If you sell shares and buy it back the same day, it\’ll be considered as an intraday transaction and will not affect your holding buy average. You can go through this support article for more information.
How can close for first day and open for next day have very different prices? Shouldn\’t they be identical ?
No, the prices change due to overnight news flow.
my question is little outside the topic but just curious that if a trader consistently makes profits and is able to grow a small account into a large account in a short span of time (weeks to months) then does that invite investigation/inquiry from law enforcement authorities?
Not at all, as long as they are all legit transactions.
hi, i sold 300 RBL BANK as CNC on 29 march 2019 to reap the benefits of no tax under 1 Lakh LTCG limit. Now, As we know these shares will get debited from the demat account in next financial year only. So will they get counted as sold on 29 march or in the next financial year beginning april 1 ?
Yes, as far as your concerned you have sold the shares and the same has been debited from your bank account.
i have not been able to understand your reply properly. what did you mean by debited from your bank account? where does bank account comes in all of this?
Meaning, the day you sell, the contract note is generated and the same can be used for your tax filing purpose. The date will be considered as 29th March 2019.
Why i am getting charged Rs 183+67 on each cnc buy and sell trade on zerodha even there is no brokreage then also 20.29rs are charges for delivery based trades
There are no brokerage charges for delivery based trades, Pranav. I\’d suggest you look at your ledger for clarity.
Where can we see the brokerage and all other charges debited from our account like a transaction statement.
Also kindly tell me the brokerage/STT etc of mutual funds buying through coin
You can get this from the ledger statement, by logging in here – https://console.zerodha.com/
please tell how to calculate quartly settlements securities calculation required
if am holding a specific equity and sell it on a given day and then buy and sell the same equity multipletimes, I understand the 1st trade would be considered as delivery and brokrage charged accordingly but, how would the consequent trades be considered…… as delivery or Itraday
pl enlighten
Can i buy the shares today in CNC and sell it on buyback on T+1 day?
\’Buyback\’ is a corporate action and you\’ll not be eligible to participate in it if you bought the stock the previous day.
But the offer end date is still mentioned as 26-Mar 2019
Ok, in that case I suppose there is enough time till the record date.
thanks for the information
Welcome!
Hi,
I have bought 14 shares of TATA Motors on 28 Feb on 183.5 and sold on 186 on Tuesday 05 march.
and again i bought 10 shares on 05 march at 193.5. so on next day it the average price should be showed as 193.5. But it is showing 183.5.
Please explain why is it so??
what charges i will be charged?
where is my 11 rs Difference is that amount credited in my account or not????
Please check your ledger for details.
Unable to Understand that. it is confusing what charges are there.
I just want to know why is it so??
Hey Shrinivas,
A similar query has been answered in this support article where we have explained how the buy average is calculated. For the charges, you can refer the contract note you must have received to your registered email ID.
Hi Nakul,
Thanks for the reply:)
i have checked all the article and understood that how it works.
But if i traded shared as intraday, in which some are holding too in my profile.
For EG: TATA motors 14 share holding on 183.50
Sold on 186.
on the same day of selling i bought 10 share in 195.5.
Next day the average cost for that 10 share is 183.5.
i want not able to understand that why it was so. if share cost is 195.5 then why its average cost showing 183.5.(what about the difference in amount i bought and average cost?
I Understand that the profit earned during the day on squaring off a F&O transaction can be done only T+1.
However, i want to understand when can I withdraw the margin released from squaring off of F&O transactions – can this be done on the same day ?
Yes, on the same day.
How many trades a day trader can execute in a given day ? For example, on NASDAQ, one can only buy and sell stocks in same day, only three times in a week. ( Also known as PDT rule)
No such restriction in India, yet.
If I make a 5000 worth on intraday trade. Will those funds be available immediately to buy another stock? Or every time I do a intraday trade should I wait T+3 days to make another trade?
Yes, you will get the credit for the same.
Sir , please clear me this;
If i sell a stock today from my demat account and buy it back next day ,will dp charges apply or not, i mean will it be a new trade.
Thanks
Yes, they will be considered two different trades and therefore the DP charges would be applicable.
I haven\’t traded anything for two market days, but my free cash has declined. What\’s the reason for this?
Can you please call the support desk for this?
As you said normal orders will be settled on t+2 day.
Suppose, I bought a CFX future one lot yesterday and sell it today and get a profit of Rs.5000/- and total charges for this trade is Rs.500/-. Does my contract note for today contain the profit and charges like Rs.5000-Rs.500=Rs.4500/- (or) just the charges (Rs.500/-) for today and Rs.5000/- profit on t+2 day\’s contract note.
It will reflect 4500 – P&L minus the applicable charges.
SIR
I bought a few shares (CNC) last Thursday. My order is not reflected in my DMAT account though I got an email specifying my order on t-day. Today is T-4 day what am I suppose to do?
It should reflect in your Kite holdings, Ashish. If not, I\’d suggest you call the support desk to check this.
Sir,
It is mentioned that If I buy a stock then 0.1% or Rs.20 whichever lower is applicable as brokerage charges. But this is for intraday right ? i.e when we buy and sell the stock same day. Otherwise its zero brokerage right ?
Yes, these are intraday charges, Maru.
if I sell stock from my holding (DP).
1. Then Will margin will be displayed in my funds?
2. if from that margin I buy any other stock will there be any other charge considering (T+2) related to funds.
1) Yes, you will get margins right away. You can utilize these funds to buy stocks
2) No other charges.
Hi, I have bought some shares under cnc today. As soon as the order got executed, I noticed that I have bought it for a wrong price. Now i am trying to exit (sell) the stocks but the order is getting rejected. Why is it so? please help.
Can you check if the stock you bought belongs to the trade to trade category? If yes, then you will have to wait till the stock hits your DEMAT, you cannot sell it before that.
The stock I bought is a BE series stock. Its a T+1 day today, and the stock is showing up in the holdings. Do you recommend to sell it today (ie. T+1 day) or i should wait for T+2 day, that\’s tomorrow?
BE stocks are the compulsory settlement types. You have to wait till T+2 before selling.
\’All MIS positions squared off around 3.20 pm\’. What is meaning of this statement?, kindly explain it in simple word
That means that all intraday positions have to be squared off before 3:20PM.
what is the meaning of squared off?
I am new in trading
No, it has always existed. Square off is a term used to indicate that you are closing an existing trade. For example, if you are long on a stock, square off means selling the stock.
If stocks hit our Demat A/C on T+2 day, how we will be able to sell it if we are Intraday trader?
When you trade intraday, you do not really take the stock to delivery, so its all ok.
What r the risk involved if any stock is sold on T+1 day? Kindly explain in detail.
Risk of a bad delivery, check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
suppose i buy a stock at rs 390 CNC and after few days price move to 400 and I sold from holding, if price further move upward say 410 and if i re buy on same day what will be the price of stock, will it be same as i exit i.e 400 or new price i.e. 410.
The sell at 400 and buy back at 410 will be considered an intraday trade.
correct me if i am wrong suppose I have sold one stock from holding say at Rs 410 and it come to position as -ve quantity, if price again come down to 400 it will show Rs 10 profit and I buy back again. So if the the buy and sell on same day will be consider as intraday, then I will get rs 10 profit right?
Yes, that will be considered an intraday trade and the P&L will be as applicable.
Sir,what would happen when I sell a share and fail to square off the position at the day end?
It will result in a short delivery and hence goes into auction, check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
hi ,
From my kite account 972.85 rupee are debited why? will it return ?(Net settlement for NSE-Equity )
while communicating with zerodha help they told to check console fund statement then I noticed that same transaction is happen when i dont have balance (on account opening day).I cant understand what is happening why 972 rupees are debiteed?will it return?
The ledger narration Net Settlement for NSE-Equity is used when you have bought shares on NSE. The amount debited will be the net value of shares bought and sold + charges on that particular day. You can find this in the daily contract note sent to your registered mail address or through Console. You can contact our support desk for more information regarding this.
Yes, the problem is solve…..thanks for your support and fast response
Dear Sir,
Bought Share X through MIS and got squared off in the same day. later on the next day i found there is difference of fund balance by Rs. 23 odd amount. Im new to zerodha.
1. Whether the difference represents DP charges? if yes, since its an intraday, my shares have not hit the DMAT, there cannot be DP charges charged by DP.
2. Whether such amount represents any other charges charged by Zerodha?
Also im not able to track the fund flow of cash balance as on date right from the intial amount credited in the account. How to get this details?
Pl. explain some one.
1) Not DP charges, but brokerage and applicable charges. Check this – https://zerodha.com/brokerage-calculator
2) Yes, please check the link above
I\’d suggest you speak to the support desk once. Thanks.
sir
I have found a bug/glitch
but i am not sure that it always happen ..
the thing is …
if the mkt price of tata steel is 507 and we place a buy(limit) order at 525 .
then the order should remain open or must get rejected but it is executing at mkt price.
same thing happens with rnavel.
but with vedanta it does n\’t happens .
That is because the system will try and get you the best possible price. Here you are telling the system that you want to buy at 525 (buy limit), but the price is lesser i.e 507, hence the order will go through.
sir
thankyou for response ,
( the system will try and get you the best possible price) // IT\’s OK
but,
how system can change the price of order execution on its own (from 525 to 507).
coz , if i do the same for vedanta the system rejects the order ,rather than changing the price of execution on its own.
Its a market order right?
yes , limit order at mkt hrs on kite .
Yes, Ashwani, the system tries to buy the stock at the best possible rate which is lesser than the limit price.
HI, I BOUGHT SHARES OF SIB ON 30TH NOV. LAST WEEK, I SOLD IT TODAY! NOW, THERE\’S NO MARGIN SHOWING AGAINST THE SALE! EXPECTING EXPLANATION FROM SOMEONE!
There is no concept of MTM wrt to the sale of shares from CNC.
thanks!
sir
if short term delivery is done frequently it is considered as non speculative business income .
so , what exactly this frequent means
eg : 4 days , 7 days , 15 days or 30 days
Its best you check this with your CA, Ashwani.
sir
which shares will sell first ???
Assume that I have already 100 shares of HUL bought for cash showing in my dmat since a month.
today I buy 100 more for CASH to take benefit of downtrend. and hoping for an uptrend very shortly.
Then suddenly there is a spurt in prices on the same day that i purchased.
I see big profit ONLY in shares bought today and is showing in the POSITIONS.
Now if i sell from positions.
will they get sold…
OR
the 100 shares i bought a month back and which are still at a LOSS will get sold. ??
please clarify as this can happen many times..
thanks
urvashi mody
If you sell from positions, the position gets squared off. So the shares in your DEMAT stays intact.
Hello Guys,
I am new in this market. Its my third day of trdaing Thursday,friday and Monday.
I have some questions
1) I am continously buying and selling small stocks with QUANTITY Like i buy 10 stocks per stock cost is 7 rupess selling them 7.1 And i am continously selling or purchasing the stock. Can this create any problems?
2) I am see the zerpdha borkage charges But I am not clearify with the Dp Charges. How DP charges calculate and Can Dp charges apply on each stock Becuase right now i am not getting money but i dont lose money in Dp charges.
3) Again charges– If i buy 1 stock of comapny at 5 rupees and same i buy other stocks Can DP charges apply on each stocks.
4) I buy 3 stocks in 318 rupees and selling them 321 I calculate the intraday charges .I earned 8.69 rupess all tax includes in it.
Can any other charges apply on it.
5) I am buying mostly CNC stocks if i am not selling them same day and How much time they carry in holding and also can borkages harges high on Holding stocks?
I have also many question if someone explain me i am discuss more problems with that .
Thanks
1) No, there is no problem. If these are intraday trades, ensure you have squared off the positions by EOD
2) DP charge is Rs 15.93/- (inclusive of 18% GST). This is applicable on a scrip basis when you sell from your DEMAT account, even if you sell 1000 shares of a single company the charge is 15.93
3) As I mentioned, it applicable on a scrip basis. So you will pay 15.93*2
4) All charges are explained here – https://zerodha.com/brokerage-calculator
5) Brokerage is 0 with Zerodha but another brokers still charge quite a bit
Ok thanks
i also some other questions please give me the answers.
Q1) How Much time we hold the stock? And Dp charges apply on it or not.
Q2) Can Dp charges apply on intraday?
Q3) if i buy stock today sell tomorrow Can Dp charges apply on it as well.
1) You can hold the shares for however long you want. DP charges are applicable only upon the sale of securities.
2) No. Its applicable only when you sell shares from DEMAT account
3) No, because the shares are not in DEMAT yet on T+1.
Lets consider this senario:
Ex dividend date for a stock is 15th Nov and the record date is 16th Nov.
The stock is in my demat account on the ex-dividend date, will I be eligible for dividend if i sell the shares on the same day(15th Nov) since the stocks will get debited after T+2 days.
The stock gets debited and moved to broker pool by EOD. So its best you hold till record date.
What happens if I don’t sell my shares until the end of the financial year in the stock market?
Nothing really, you can continue to hold the shares as long as you wish.
Hello,
I sold my shares today(2 November), When will I able to transfer cash to my bank account when there are festive holidays also.
The settlement happens on a T+2 day basis provided there are no bank/settlement holidays.
why my daily margin statement in zerodha in BSE section debits 352 rs. i am not even trading in BSE.
I\’d suggest you call the support for this and get it checked. Thanks.
what happens when i buy share rs 100 of 10 volume. sell on same day in cnc? what will be the charges applied?
This will be considered an intraday trade and brokerage applied accordingly.
Hi,
What happens when I sell a stock after trading hours.
And is there any extra charges applicable?
Once the trading hours are done, you cannot really transact (buy/sell) in the market.
I downloaded a Bhav copy file from NSE websitefor the first time. In the file \”Pr15102018\” there is a section called \”COMPULSORY ROLLING STOCKS\”. What does the phrase mean? And what about the stocks which are outside of the \”COMPULSORY ROLLING STOCKS\” category?
All Nifty 50 and Group A stocks fall under a rolling settlement where you can trade intraday and sell stocks on T+1 day even before the stocks are delivered to your demat account. All these stocks fall under the Normal Segment. More details here
This means the stock is settled on a T+2 basis. Check this for more information – https://www.bseindia.com/markets/equity/EQReports/tra_Settlement.aspx?expandable=6
I have account in Zerodha. Pls tell me if I purchased the share and sell it after 7 days, will i get money after T+2 day directly or i shall have to wait whether my sold share are purchased from other person?
I mean will i get money in my account after anyone will purchase my share or i will get money even if anyone will not purchase my shares.
Sumit, you will get the money on T+2 basis, meaning if you sell on Monday you will receive the money on Wednesday. Of course, the assumption here is that the shares are successfully sold by you.
Hi,
I have 10 shares, i will sell 5 Shares at 11AM and another 5 Shares at 1PM on the same day. What will be the DP/Brokerage charges..?
The charges will be considered 2 times..? Please clarify.
It will be Rs.13.5 + 5 = 15.93 per scrip.
Sorry im new to this. Please tell me what is scrip..?.. Sorry for asking basic question.
As im selling the shares two time in day, the charges will be 13.5+5+13.5+5..? Is tis correct..?
No, you will be charged Rs 13.5 only once. DP charges are charged per stock(irrespective of quantity) per day.
Scrip = Stock. So Infosys stock is the same as Infy scrip. No, the DP charges are applicable on a per scrip basis. So its 13.5/-
What happens in a intra day trade ? How much time does it for these transactions to happen on intraday trading?
You and buy and sell the stock within the day. Not sure about the time frame you are talking about? Can you kindly elaborate?
hi..
if i purchase shares in equity on cnc and sell on the same day the charges will be charged as intraday or delivery .
Yes, this will be an intraday trade.
How can i sell my stock which i buy on cnc basis . Because whenever i sell them from holdings it comes as sell quantities in the position.
Positions is on an intraday basis, so the system assumes a short position for CNC sell, but you need not have to worry about this.
I bought 1000 shares of spcenet on 11th october but still after 4 days it is not reflecting in my account
I want to know about the T1. What if I had CNC purchased XYZ Co Shares of 135 No on Thursday. On thursday itself the amount was deducted from my account. Now, I want to know when would the delivery of this shares reflect in my demat account. My demat account is also of Zerodha. Would it be available on friday evening or would it be available for record date of monday.
It will be available on Friday under T1 category and on by Monday evening, it will be in your DEMAT account.
So in Records of Purchased Shares, the purchaser name would be recorded on Friday itself or would be recorded on Monday Evening.
It will reflect on T+2 days.
Hi,
1, Yesterday (10.10.18) i did some trade and book some profit, the profit amount has not credited so far in to my dashboard.
How long it will take to credit?
2, Explain and put some videos about rms:rule: option strike price based on ltp percentage for buy orders for entity account, I am not able to buy Bank Nifty +/-500 strike price from current price. why its happening and this rule is only in Zerodha?
what about any other Brokerages?
Thks..
1. Can you check your contract note(sent to your email) and Ledger(console.zerodha.com)? You will see the profit credited to your account after deducting brokerage and charges for the trades you made.
2. This support article has your query answered
if i initaited trade on t day and price changes after t+1 day and u said it wil be sold on t+2 day,then what will be the selling price,of t day or t+1 day??
The selling price is the price you sell the stock, does not matter which day.
I m new in trading Yesterday is my first of trading and i made profit of rs.17.5 from intraday trade but in night rs.18.71 is deducted on the name of \” Net settlement for NSE-Equity \” can u explain why it happened ?
Applicable charges, Alok 🙂
Check this – https://zerodha.com/charges
Hi sir
1. If I buy shares today and same day if I sale with loss, when my amount will debit and credit?
2. If I buy shares today and if I sale same day with profit when my amount will debit and credit?
All bank rules are same or differnt sir?
1) It will be debited
2) It will be debited
Hi Team,
Let imagine that I have purchased XYZ Equity share on Monday for 600 RS and my target for share is 625
1) Scenario one it might take 3 days to reach the target hence its T+2 days so no issues I can sell once the target is reached
2)I would purchase the share on Monday and my target is reached on Tuesday morning or evening I need to exit from that particular share I would sell on Monday evening will that be a short sell if yes how do I come out that conflict.
1) Yes
2) You can do a BTST trade here, where you buy today i.e Monday and sell tomorrow i.e on Tuesday. More about it here – https://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
Hi Team,
Can i see the individual stocks of brokerage.
Because whenever i buy 3-4 items it give me aggregated brokerage value.
So can i see/find individual values of brokerage per transaction/trade in a report or anywhere else on site?
Jay, all the charges are mentioned in list here – https://zerodha.com/charges
I have said intraday trading on Friday before doing.intraday trading I have transferred the 700 rs from.my bank to equity a.c. but on Sat I am showing available balance is 0000.
WHY???
It can show up 0 sometimes on the weekends. I\’d request you to please check the balance on Monday morning.
Hi,
Suppose I have 10 shares of Reliance and I sell it in two chunks first chunk consists of 5 shares and second chunks consists the remaining shares. Then how many time DP charges will be levied on my account. Can you please help me?
And Second scenerio is that assume I have only one share of Reliance and I am selling it on T+2 day.In that share I can see P&L Rs 10. So when I will sell that DP charges will be levied i.e. Rs 15.93. In that condition I am in loss of Rs 5.93. Am I correct?
The last question When I sell my share on T+1 day, the DP charges will be levied or not?
Thanks
DP charges are applicable at a scrip level, so its applied once.
Yes, if you make 10 and pay 15.93, then you lose 5.93.
DP charge is applicable only when you sell shares from DEMAT. T+1 no DP charges.
how can i get the settlement value details or breakup shown in my ledger?
Check the contract note.
I have bought 2 day ago bse listed shares. But not yet received in my demat account.
Check by end of day today.
hello sir,
I am new here in share market and recently open a account with zerodha.
I want to ask that if i buy 10 different stocks like tcs, ongc, tata, etc on single day then how much brokerage will zerodha charge on it.
please reply me as soon as possible.
thank you.
Its you have bought and sold intraday, then intraday brokerage is applicable. If you have bought for delivery, then 0 brokerages.
thnx sir for your reply
i need some more help that if i took all those stocks for few months and then sell those on different days then you charge brokerage 20 rs for per stock like ongc,tata,itc etc individual or any other formula?
pls reply.
There is no brokerage for equity delivery trades, Manoj.
Hi,
I was having 4502 shares at 7.32 and I added 5498 shares newly of same script, then average should be 6.04. Will this average price show in holdings after T2 day or then exact next day of adding ? I am little confused bcos it is still showing 7.32 only
The average will be reflected immediately on Kite. This will be a simple FIFO weighted average.
What will happen if i exit for CNC (Delivery) on same Trade Day? (As stop loss, I wanted to hold stocks for few weeks / days, due to market down selling on same trade day)
This will be treated as an intraday trade and the brokerage will be applicable.
Today I buy shares in CNC can sell 10 day after
Holding in Demat @ 14.40
Sell at @ 15.20
Profit margin – 80Paise (X profit)
Question1: If the stock goes down at 14.70 then in the position it is showing Y profit (which is lesser than X), Now, If I exit from Positions then what will I get? Will I get X profit or Y profit?
The profit that you make is always the difference between the buy price and sell price multiplied by the number of shares.
I had 20,000 rupees in my account as total account value.
My funds page was having below data,
Margin available : 20000
Margin used : 0
Total account value : 20,000
I bought shares of a company from MIS trade, and sold it in next 20 minutes with a profit of 200 rupees. My funds page was something like this now,
Margin available : 20,200
Margin used : -200
Total account value : 20,000
Realised profit : 200
But when the funds got updated next day, the
Margin available : 19800
Margin used : 0
Total account value: 19800
Though I gained a profit yesterday why money was deducted from my balance
Mayuresh, can you check the contract note for that date. It will contain all the charges for the trades you\’ve taken.
You would have received it in your email or you can download it from Q-backoffice
Sir Why my holding position and dashboard show difference position
What are you looking at, Mukesh?
Do dp charges are required to pay for all the scripts in holding
If I purchase share today and sell tomorrow then I have to pay dp charges or not
No, since the shares have not hit your Demat yet, there is no DP charge.
If I purchase 100@900rs per shares on 10/June/2018 and sell it after 10 days 100 shares in 10orders of rs903 per share on what basis I have to pay dp charges whether on script or on number of orders of that script
As long as you sell it on the same day, you will pay DP charges on a per scrip basis. So you could have sold across 10 trades, DP will be charged on a per scrip basis.
today I sell my share of 800 rs and I made a withdraw request of 750 rs, but there is a negative balance of 9 rs. Please tell me what i do now.
Did you have any previous outstanding debits? I\’d suggest you check the ledger once. Thanks.
Sir, I have a T1 holding displayed as T1:1000 0(In the quantity list. I tried to sell but all sell order got rejected.. Please share why so and how to come out from this. Thank you
This must be a Trade to trade segment stock, Manish.
Hello Karthik,
Please help me.
My interest is in investing long term. Say 10-15 years.
Suppose I want buy 100 shares of HDFC Bank and keep them for long as I said.
1. What option I should use.. Is it CNC or Delivery trade? I\’m confused
2. Suppose after that I no longer interested in investing for some five years. Should I keep demat account active?
Thanks in advance
1) CNC indicates delivery based trades
2) Always good to have an active Demat account.
Sir, I am just calculating the charges in zerodha brokerage calculator and selling it on the next day itself to avoid DP charges but zerodha is charging 20 rs more than the DP charges 13 rs.
Since I am new to zerodha account Kindly expalin..
If you buy today and sell tomorrow (and assuming you don\’t have the same in your DEMAT), then DP charges wont be charged. If you shares in your DEMAT, then we debit the shares, hence DP charges will be applicable.
Sir,Could u Plz explain the below point..
I was expanded from zerodha customer care that plz use zerodha brokerage calculator under Equity if I sell the shares next day.. but U r expalining below that it will be 20rs..
hi,
What if Stock buy under CNC and sell same day. What will be the charges/penalty
what if stock buy under CNC and want to sell very next day/T+1 day. What is the procedure. (stock not shown in holdings) how to sell. what will be the charges
Thanks
Karthik Rangappa says:
September 7, 2017 at 10:49 am
It will be considered as an intraday trade. If you sell it the next day, it will be considered a BTST trade….for this simply select the stock and sell the same number of qty under CNC. Charges would be 20 per executed order.
We don\’t charge brokerage for BTST trades, Sudha. However, if you do CNC trade within the same day, then it is considered intraday, hence brokerage is applicable.
Hi Sir,
I am a beginner in trading so plz clarify my question
If I buy a share on Monday and plan to sell on Wednesday Morning, Is it counted T2 day and will thr be DP charges
Yes, that is right.
So I did not learn about this clearing before. my mistake. So I bought and sold a CNC share within 5 mins (panic perhaps) with a difference of .80 rupees (80 paise). Now what happens, please explain and help.
Dont worry, it will be considered an intraday trade 🙂
Hi,
I have gone through some comments and you were answering all.I like it.
I wanted to know if i buy 1 share using CNC and suppose hold 1 share for 7 days .Do i need to pay any extra charges for holding those shares for 7 days.
FYI.. I am using zerodha account.
No, there is no extra charge as such. All our charges are mentioned here – https://zerodha.com/charges
Hi,
I booked shares thru CNC+AMO (After Market Order) yesterday (19th Jun) and it got executed/completed by 9:22am today.
After 10minutes, I tried selling the same but it is getting rejected with the following error message – \”RMS:Rule: Check holdings ,No Holdings Present for entity account-XX0000 across exchange across segment across product\”.
Please guide
Regards,
S Karthikeyan
Which stock was this? Unless it is a T2T stock, it won\’t get rejected.
what happen if I put on SELL/BUY 100 and at EOD SELL/BUY only 50 status i.e. RCOM 50/100
This means only 50 out of the 100 got executed.
Hi Karthik, I wanted to point out that in the PDF of Module 1 the pages of chapter 10 are numbered incorrectly. It became quite cumbersome to arrange the pages and I wasted a lot of pages in doing so, while printing. Please see to it that it gets corrected.
Thanks for pointing out, Kanishk. Will look into this.
i bought shares on monday which is CNC and didn\’t sell it that day. the next day my account shows nothing. it shows just the remaining free cash. what does it mean?
What happens if the we sale the stock on the trade day itself.
I did not purchased and ordered any stocks to buy, around 2\”0 clock I opened my account it is showing SUNPHARMA BUY COMPLETE, at 1:30 pm, that too in MIS.
how??
Mohan, I\’ll get this checked. If you have not placed the order, then there is no way this should have happened.
Were these trades executed yesterday(Saturday)? NSE had a mock trading session, in which case these trades would have been wiped out.
If this was on a normal trading day, can you write to [email protected], so that it can be escalated?
i sold shares of same company two times in a day. hw much dp charges wud be.
It is Rs.13.5+GST per scrip, Paras.
ya sir but as my ledger says there r two dp charges for 29/05/2018
to show u i paste as it is-
2018-05-29 NSE-EQ – Z DP Charges for 29/05/2018 31.86 0.00 11582.54
2018-05-29 NSE-EQ – Z DP Charges for 29/05/2018 15.93 0.00 11614.40
below is my trade book of the same date that shows i sold the shares of the same company SAIL(5+1)
29/05/2018 10:25:36 NSE SAIL S 5 ₹77.00
29/05/2018 11:13:33 NSE NTPC B 3 ₹167.00
29/05/2018 12:15:03 NSE DBL B 1 ₹1,050.00
29/05/2018 12:15:47 NSE BHEL B 5 ₹80.00
29/05/2018 14:32:13 NSE NTPC B 3 ₹165.00
29/05/2018 15:21:43 NSE SAIL S 1 ₹76.90
29/05/2018 15:29:58 NSE EMKAY B 5 ₹140.40
PLZ EXPLIN ME WHATS THE REASON FOR THESE TWO DP CHARGES?????
Paras, DP charges will be posted a day later. You would have been charged for stocks you sold on 28th May on 29th.
Check your tradebook for those days too.
For more help, reach out to our Support team
hello sir
on 31/5/2018 morning the balance in my trading account was RS 4033.8 on the same day i bought 3 shares of DBL (BSE), 1 share of DBL (NSE) and 4 shares of NBCC. The total cost of these shares was 3939.10. In the contract note the charges levied were 8.08.
there was not a single selling on the day.
so after settlement in the evening of 31/05/2018 ,next day my balance should be (4033.8-3939.10-8.08=86.62). but the balance shown in my account is 70.60
plz explain
I purchased a stock today under MIS. I want to sell it on the same day, before auto-square off. Which option should I use MIS itself or CNC?
Yes, you need to use MIS.
I have bought PC at 191.. Yesterday when the market open, I got Rs 350 in P&L.. Today when CMP at 202, I saw and amount of Rs 300.. Pls share why I so.. I thought I suppose to get Rs 700 from 191..
In case of another stock which I am running lost, It\’s showing the total aggregate loss from the point I enter to CMP.. Sir please share why so
Manish, looks like account specific query, can you contact our Support Team(You can raise a ticket here)
Thank you Kartihik Rangappa to clear my doubts I had another question ..In equity it takes (T+2) days to get the stock in Demat Account what about commodity does it also follows (T+2) days to get or instantly does it be creadited to our Demat account ??
Thank you
There is no concept of delivery in the commodities market, Ahmed.
So as soon as we buy/ sell we have it in our Demat Account ..Am I correct?
If you buy on Monday, you will have the shares in your DEMAT by Wednesday (evening). This is called T+2 settlement.
Thank you for your great efforts
Good luck!
If i buy and sell same stock mutiple times in intraday . Does it require any special authority to acount to do this?
No, you just need a simple DEMAT and trading account to do this.
Hello…
Karthik Rangappa..Iam new to the market and .. i wanted to know is there a way to know whether the stock which we had buy at T day had come to our demat account on (T+2) day or does it show somewhere the stock is credited into our demat account
2)if we have buy a stock in CNC would the stock be creadited to our demat account on (T+2) day or instantly does it be creadited to our demat account
Thank you
The stock that you buy on T will reflect as T1 in your holding the next day and by end of T2, you should see the stock in your DEMAT.
Thank you for replying but I wanted to know where to see the stock has creadited to our demat account does it show somewhere saying it came or it shows with some initial ….and I had another question
1)if we have buy a stock in CNC would the stock be creadited to our demat account on (T+2) day or instantly does it be creadited to our demat account
sorry iam new to market and disturbing you but I couldn\’t understand about this tansaction
Thank you
Sorry, go that wrong. Please do look for these stocks under your holdings. The stock is credited on T+2 day.
I have exited from holding on Thursday from a stock. However settlement not done till now. I have not got the balance in my Demat Account.. Pls help and why taking so much time
The stock debit should have happened, can you please check Q again? If not, please do get in touch with support.
Hello,
I hold 1122 number of shares of VEDL as of yesterday EOD. Today at 9:30 AMI bought 100 more VEDL shares were bought and and the End of today I sold 400 shares.
If the clearance happens on FIFO basis, then i should have seen the 722 shares in the Holdings right?
But I see 822 shares under holdings and i see only 300 in positions.
Could you please let me know if which 400 are sold today? Is it considered 300 delivery and 100 as intraday?
Thank you!
Regards,
Naga
Thats right – 100 is intraday, and 300 from 1122 is debited from CNC. I\’d suggest you call the support for a detailed explanation.
I earned a profit of 300 today in Intraday.
When I got my contract note at the end of the day, it showed me that I owe the broker 812 Rupees..
Explain how do I reduce these Pay in & Pay out obligations and how do they work?
Please check this for all the calculations – https://zerodha.com/brokerage-calculator
Beautifully and Brilliantly curated content!
Kudos to Karthik and varsity team!
I would like to suggest the following…..
1. Please improve navigation of the comment section by adding top of page button or chapter etc.
2. Please incorporate some features here like bookmarking / pagemarking / liking a comment or reply / saving the comments or replies for later use by us (on the lines of tradingqna) BECAUSE……
Most of the time, there is more learning in the comment section than the chapter itself !!
Thank you so much for the kind words and the suggestions. We will share the feedback with my tech team 🙂
What is the difference between \’Margin\’, \’Funds\’ and \’Leverage\’?
Have seen people using the terms interchangeably but their literal meaning seem to differ in Contract Notes (CN) and margin statements. Please explain.
All that and more explained here in this module – https://zerodha.com/varsity/module/futures-trading/
I wish to clarify a few things
1. For MIS orders when are all the charges debited? During the transation or the end of the day?
2. Miscellaneous Fees such as Rs. 20 for auto square off, when are they charged?
3. Does my Position show P/L with or without brokarage and charges?
5. If I look at the P/L search from Q there is no way to seperate MIS from other trades. Where can I see my net profit of the day only for MIS trades?
1) Margins are blocked real time. Charges are deducted EOD
2) EOD
3) Without
4) We don\’t have this feature at the moment.
Sir,
how to identify the trade type (MIS OR CNC) in the old trade books /contract notes / profit-loss reports?
is there any tag or marking for the same?
Amol, this is not possible as our Backoffice recognises the scrip based on the exchange it is traded and not on the product type
Yesterday there was 71.9 rupees in my funds but today only 40 rupees is there !
Some hidden charges or what ?
Preet, there are no hidden charges at Zerodha. Please check our pricing here – https://zerodha.com/pricing. Also, look at your ledger statement and you will know why this was charged.
sir,
I purchased 1 lot of Sun Tv futures from MOSL and the price went down the next day and also the following day. RMS sent an sms asking me to pay the shortage of around Rs.24k clearly stating that RMS selling will be on Monday.(got sms on friday 12.10pm). I transferred Rs.25k on saturday to cash section as I got error for F&O section. On monday they have squared off the position. when I complained to them they replied that they have sent a mail to pay the margin before 2.30pm friday. (time not mentioned in sms) also that I have transferred to cash section and not F&O. I have suffered a loss of 82k. Is it right on their part or can I complain to SEBI? Please explain. Thanking you
Sunil, I\’m really not sure how MOSL functions. I\’m guessing they have 2 ledgers here – one for cash and the other for F&O. Given this, ideally, you should have known this and transferred to F&O segment to ensure you carry the position forward. But, please do double check with them again.
Btw, at Zerodha we have a single ledger to for this (with 2 segments). So a client need not have to break his head over fund transfer to the specific ledger.
Hi karthik, What actually happens if I do buy today and sell tomorrow strategy i.e I sell on T+1 day? What is the risk that it possesses. Please explain it.
Tarun, check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
Hi
We opened a Partnership account with Zerodha in March 2018. Recently, found that the contract notes issued are not in name of Partnership firm (they are issued in the name of Partner). Also, in profile Account name and DOB of partner is displayed. My query is
1. Will these contract notes be valid?
2. Can changes be made to these contract notes, so that we do not face issues during tax audit.
Had already raised a ticket last week in regards the same. Still waiting for reply.
Sir, I\’ve asked someone from compliance to respond to your query. Hopefully, you should get a response today.
Hi Ketan, Apologies for the delayed response.
1. Yes, they\’re still legally binding.
2. Depository guidelines do not allow a demat account to be opened in the name of a partnership firm, it should be opened in the name of a partner. As such, the name appearing was that of the partner, we\’ve made changes so as to ensure that the firm\’s name shows up.
Hi Venu Madhav,
1. I understand that demat would be in the name of partner, which is fine.
2. About Contract notes – From your reply, I would interpret that Contract notes also are issued in the name of Partner. I should not be worried that name of Partnership firm is not displayed in these Purchase and Sale Contract Notes. Kindly do confirm my understanding.
Hi,
I\’m getting mail and text message from nse saying that u have traded this much of amount today.
Is any charges are applicable for that even after zerodha trading charges applied
My question is?
That mail and message is just giving us information about money we traded for day or again we have to pay money for income tax department.i need clarification on this . because I has tied up with oan card again any extra charges do I need to pay
Regards,
No, that mail from NSE is not chargeable.
Hi
We opened a Partnership account with Zerodha in March 2018. Recently, found that the contract notes issued are not in name of Partnership firm (they are issued in the name of Partner). Also, the profile Account name and DOB are of the partner. My query is
1. Will these contract notes be valid?
2. Can changes be made to these contract notes, so that we do not face issues during tax audit.
If the stocks follow T+2 days system, how is it possible for Scalpers and Day traders to carry out their trades as they won\’t be able to sell the stock that is not in their DEMAT account? Do they resort to shorting for this?
Exchange looks for obligation (either cash for fresh purchase or shares for selling) at the end of the day when the market closes. So if I buy and sell the same day, then there is no obligation.
Hi
You have explained all these things in a very great manner. I would be grateful , if u answer me my one query.
Suppose I bought share on Monday, and T+2 day i.e. Wednesday I am going to get delivery and I am holding one X category share …so can I sell my share on Wednesday? Will there be any risk involved?
The share will be debited to your account on Wednesday evening. So you can sell them on Wednesday. If you want to be very safe, then check for them in your DEMAT account on Thursday morning and sell it on Thursday.
Hi, I have a small doubt. Please clarify it.?
For example
Delivery
4/4/2018
Reliance communication
Bought price 23rs
1000 quantity
5/4/2018
On 5/4/2018 price is 25Rs
If I selling share on 5/4/2018
1) Think that if I sell share if it is showing t+1( what will happen ) or can I sell it
2) Think that if I sell share if it is showing t+2 ( what will happen ) or can I sell it
Should I wait for t+1 and t+2
Any charges or penalty or auction for selling on t1 and t2
Pramod, you can sell on T+1 but there is always the risk of the auction. Check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
Alternatively, you can sell this on T+2.
Hi Team, I bought a stock on 27 march and I sold that stock on 4 April morning, again bought the same stock on 4th April afternoon,
Stocks are shown in my holdings as T+1,on 5 th April. From 6th april onwards holdings are not available in my account . I checked in q-backoffice application as well.
Can you recheck again, Krishna? It should reflect in T1, else, I\’d suggest you call the support desk for this. Thanks.
Still the holdings are not shown in my account karthi:(
Did you touch base with support?
Krishna, I believe our Support team responded back to your ticket through Email yesterday. The issue is resolved
Hi, I bought stocks worth 5k and sold the same day (It\’s not intraday)
I am charged some 1262 as settlement charges. Can you please explain what is this for ?
Venkat, I\’d suggest you call our support desk for this. Btw, if you buy and sell stocks the same day (same scrip), then it is considered an intraday trade, even though you placed the order under CNC.
Hi,
I am sorry to ask you a query here. I have an account with you. I just have one question. When I contacted your branch officer regarding the brokerage, she told me that it\’s better for me to have an account in HDFC bank because while buying any stocks from Zerodha the brokerage will be nil but when you are selling the stock then at that time you will have to pay the brokerage of that particular account while selling. She said since Zerodha has an account in HDFC then you won\’t be charged any brokerage on the selling side. I did this two years back, I opened an account in HDFC bank. Lol! One of my friends wants to open an account in Zerodha, I just want to know does this rule still applies? My friend has an account in \”SBI\”.
Shrenik, this is absolutely absurd. Our pricing is clearly mentioned here – https://zerodha.com/pricing. Here is the list of all charges applicable – https://zerodha.com/charges
Please note, there is no brokerage for buying and selling of Equities (as long as you are not doing this intraday). Can you please share the details of the branch and the contract person you spoke to?
If your friend has an Aadhar number, then please ask your friend to open his account online with us – https://zerodha.com/open-account .
I talked to one of your customer care executive and he cleared my doubts. You guys are amazing. My friend tried online registration only but my friend has some mobile number registration issue with the Aadhar card, so once the issue is resolved my friend will register online with Zerodha.
Happy to note that, Shrenik 🙂
i transfer money in my account on 2nd april at that time it showing in but on 3rd april it not showing in my account which i need it most for trading ? what should i do ? i need it most [[[[[
I believe this has been updated now. If not, can you contact Support?
future segment settlement timings ?
Settlement via M2M happens every day.
I am in the process of starting an Trading account with you but I am familiar with online trading. Following are my queries
1. Is there any minimum brokerage charge for a Day. ? ( ie. Due to some reasons I have only 2 transactions of Rs. 10000 each for the day. Brokerage would be 10000* 2*.01% = Rs. 2 only. Will you charge me Rs. 2 + taxes or more)?
2: If you are executing the automatic square off at the end of day(Intraday) , is there any extra charges for that?. If yes how much
3. Suppose I have a credit balance of Rs 20000 with you and at 10.30 am I sell stocks worth Rs. 12000 from my Demat account and at 11.50 can I buy Delivery based stock worth Rs. 26000. Is the vice versa possible. ( ie. I buy at 10.30 am and sell another stock from my demat at 11.50 am)
I\’m assuming you are starting to trade with Zerodha –
1) No, the brokerage is Rs.20 per trade for intraday. No brokerage for delivery trades
2) Yes, ideally you are supposed to square off the position yourself, but in case you cannot (and you\’ve opted for a MIS/BO/CO) order, then an additional charge of Rs.20 is applicable
3) After selling stocks worth 12K, you can buy for 20K+12K = 32K ….so you can go ahead and do this.
As u told that in cnc we can buy and sell stock same day but after getting profit when will it come in a/c?
Second question is how many times can I buy and sell same stock in cnc in same day?
Yes, it will. Although not advisable, you can do this as many times as you want.
Dear sir please explain. I buy CNC order as below
Price 1800
Qty 10
Total 18000
And sell on same day as below
Price 1810
Qty 10
Total 18100
What will my profit and loss .
Basically questions is what happen when I buy and sell my CNC order same day
It will be treated as an intraday trade. YOu will make a profit of Rs.10 or 100 in this case, use this to know more on applicable charges – https://zerodha.com/brokerage-calculator
Pls clarify:
1. If I square off a CNC trade (long as well as short) on the same day, will it be treated as \”INTRADAY\” or \”DELIVERY\”?
2. What amount of brokerage do I need to pay – Intraday charges or delivery charges?
[Pls note that it is NOT traded (short or long) as MIS. It is traded as CNC and no margin facility is availed]
1. It will be an intraday trade
2. Intraday brokerage will be applicable
Thanks sir.
When I purchased a share (trade day) , it executed at Rs 2885 and also the same price is shown in contract note but on next day (T1) the share purchase price show in my account is RS 2886.9. what does it mean? Please explain
2886.9 is the last traded price, Jatin.
Can we go short on MIS, i mean can i first sell then buy on MIS ,depending on the situation for the same can i buy on same day/next day/T+2/T+3 day after selling on T day.
Yes, you can short on MIS but this has to be an intraday trade. You cannot carry forward the position.
If I buy shares at early morning on Friday when it will credited in my demat account? Monday or Tuesday?
Shares will be credited on your Demat on Tuesday after T+2 settlement.
It will be credited to your DEMAT account by Tuesday evening.
If I buy 100 quantities Reliance in price 1000 with CNC for delivery.That means Zerodha at EOD will take 100,000 (For understanding I am keeping aside all the brokerages,STT and Bla bla taxes). My point is shares will get credit after T+2 days near around 11am. Within trading day and in between T+2 day if Reliance price trading high at 1050,do Zerodha wil charge more for this transaction? Which price will it take my initial 1000 price or the new 1050 price.
It will be 1000 and not 1050. What matters is the price at which you buy the share and not what happens to it after you buy.
Okies I guess there is a restriction number of shares I can hold for delivery I.e shows in NSE website Security wise Delivery across Client level \”.
Not really, those restrictions are for derivative positions and not really for delivery based trades.
what will happen if i bought share under cnc and sell in mis
Will create two different positions. CNC buy will go into delivery. MIS Sell will be squared off on the same day.
it is stated that we receive our stock on T+2day. So how is day trading done? Does that mean day traders always short their stock? It\’s a bit confusing.
Day trading = you buy or sell and then square off the position the same day. Here you are not carrying your position forward
Swing and other trades = you carry forward your positions.
Dear Sir,
I am a student and new to trading so I do intraday trade and CNC(sometimes) with few hundred rupees. Today I bought(CNC) shares worth of Rs412 and I had only Rs412.44 as Free cash in account. I received margin statement and the funds were Rs( -15.572 ). I am charged under {Excess/Shortfall wrt requirement by exchange/NSCCL}.
Please care to explain above chages.
Peace
Danish, check our list of charges for all trading related taxes and charges.
You can login to Q- Backoffice and check your Contract Note and Ledger for more clarity on what you\’ve been charged for.
I checked list of charges, ledger and contract note. I didn\’t found any description of these charges. Though the margin statement(sent via e-mail) mentions these charges in column of {Excess/Shortfall wrt requirement by exchange/NSCCL} in negative. I am sure these are not DP charges as I haven\’t sold the shares. Please care to explain the charges
Hi,
I am trying to sell my stocks which I have. I place an order and it gets cancelled by EOD. Not sure what\’s going on and how to sell them.
Please help.
Suggest you give our support desk a call, Sunil. I suspect you are placing a limit order which is not triggering.
1) I sold 100 CNC shares today. When will I receive that money in my wallet.
2) I bought & sold a share in intraday. But the profit is not in x14 ratio(as per the margin calculator it should be in x14).
1) You will get it the same day, which you can withdraw the next day
2) The profit will not get multiple, rather the amount with which you can buy gets multiplied. For example, if you have 100/-, then with 14x leverage, you can buy for 1400. By virtue of this, your profit (or loss) will also multiple.
sir,
i am a bit confused about the settlement process.
say i sold a cnc share on day 1 . Does the amount i have to be received,reflects in free cash ?does it reflects on same day or after t+2 days?
also where can i see the list of all my transactions? is Q the platform for it?
Virendra, it\’s best you place the withdrawal on T+2, however, if you wish to buy something from the proceeds of the sale, then you can as you will get margin benefit.
Sir,
Online account opening process complete hone ke kitne time baad trading kar sakta hu.
Shankar, if all your uploaded documents are correct, within 24 working hours, you will receive login credentials.
I need clarity on the complete brokerage charges for buying and selling equity (DELIVERY and INTRADAY both).
1. I was referring to the \”https://zerodha.com/brokerage-calculator\”. As per this calculator, if i have a share that i bought in 100 rs and i sell it in 110 rs.
I have a profit of Rs. 9.96 in Intraday. I have a profit of 9.99 in Delivery.
But i read above that there are \”DP\” charges of 13.5 rs as well.
My question is, why zerodha brokerage calculator is not calculating that amount?
2. Is this calculator is including every charges except stamp charges?
1) Click on a sample contract note and you will be able to see the DP charges. DP charges are applicable only when you sell shares from DEMAT, not intraday
2) Yes. The sample contract note gives you the stamp duty charges as well.
I have 2shares of maruti but couldn\’t sold on same day now there is no money or share in kite zerodha. What should I do to recover my money or share. Pls helppppp.
Can you please contact the support desk for this, Mohit?
https://www.nseindia.com/products/content/equities/equities/price_band_hitters.htm
Can you Eleborate Price Band Hitters
Aditya, circuit limits are explained in this chapter
I am not able to sell my stock..stock is \”Ejecta Marketing ltd\” since last 2 days i\’m trying to sell buy its not completing. Can someone suggest what to do??
The stock may be forming Circuits immediately after market Opening. If you want to exit than you can make an AMO order(order before market opening) at MARKET LIMIT. In simple words, \”Abhi order place kr do bs koi limit price enter mt krna. Uski jagah market limit select kr lena\’\’.
Stock is down circuit, Shankar – you will not be able to sell it till buyers come in. By the way, I think this stock was widely circulated as a tip. Check this – https://tradingqna.com/t/investing-based-on-sms-tips-can-be-costly/32522
If I buy Shares onan Ex-dividend date than will i be eligible for dividend. If Not than when should i buy it. How will i know about the the actual date of buying shares.
You need to ensure you are the shareholder on the record date – hence you need to buy it 2 days prior.
I bought shares on CNC yesterday. T+1 is displayed right besides my stock name.
BUT, Average price of share and P/L made is 0. I know that shares will be credited in my demat a/c tomorrow, but is it normal that avg price is 0?
Hmm, not really. You should be able to see the avg price. Suggest you speak/write to support once.
if i have purchased 10 shares of 100 rs. and after some days again purchased 10 at rs 80. then the average holding price will be rs.90 per share. now if i wish to sell 5 shares what will be the cost ? will it be as per FIFO ,LIFO or the average price itself?
Your average price is 90, and when you sell, FIFO is applicable. So the first 10 shares will be considered sold.
is the case same in case of SIP in mutual funds? if i wish to partially reedem the units my average price is less but as per FIFO the value of first units is higher than current NAV.then what will be the effect ? will i be in loss or profit? and how the same will be calculated?
thank u!!!
Yes, FIFO is applicable to Mutual Fund SIPs as well. You will be in loss, as the average price is what will be the effective price for you.
thank u…this market reallly has tooo many threads..i think i will need your help further…hahahaa
Good luck, Chinmay!
Hi,
I got one IPO subscription , i am holding that share now , i want to sell that share but i am not able to sell , please explain me the procedure so that i can sell that share.
Hope to get reply soon from your side
Make sure the product type is CNC when you sell the shares.
The type is CNC, the placed a scale order yesterday it was open but automatically it got cancelled please help me i am in great loss. The share is of apollo micro system
Hi, I\’m new to stocks and yesterday I\’ve placed order under MIS and didn\’t sell them. What will happen now? Kite Zerodha dashboard is not showing any stock under my profile?
MIS orders should be squared off by you, if not the team here will be squared off the position for you – if the team squares off, you will be paying Rs.40/- towards brokerage and call n trade charges.
Hi,
I have purchased two shares on 25th JAN 2018 as CNC and 26th JAN was public holiday and then subsequent saturday and sunday was holiday. Today it is T+2 DAY as per my understanding and i can see below in holding . Can i sell the share today or i have wait till tomorrow morning .
HOLDING-
Instrument QTY
BIOCON (T1:2)
The shares should be in your DEMAT by now, you can sell them today.
sir what charges are deducted when any pending order in cash or f&o segment is cancelled?
No charges for modified or canceled order.
Hi,
I sold some of my shares today, but the same amount I am not able to withdraw . What might be the reason. (Note: called customer care, they told, it will be updated by 7:30PM of same day, but it is not)
Can you kindly check again now?
Hi…!!
How Is Intraday trade possible when you have mentioned that we can sell only on T+1 day?
I\’m not sure in which context I\’ve mentioned that, however, if you can buy and sell or sell and buy (shorting) equities on an intraday basis. You can trade derivatives on an intraday basis and also carry the position forward overnight.
Okay. I got confused by the following statement in the chapter:
The day after you made the transaction is called the T+1 day. On T+1 day you can sell the stock that you purchased the previous day.
It means I can\’t sell the shares that I bought today. Right?
Yes, selling on T+1 is called BTST, check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow . You can also buy and sell on the same day and it is treated as an intraday trade.
can i short sell more stock than i buy as i am sure that remaining stock is aleady in my demat?
No, for shorting you need to use MIS as product type and from selling from DEMAT you need to select CNC.
Hi,
I purchase Fiberweb India on 16th Jan-18, Company has issued bonus 1:1, Record Date for Bonus was 18th Jan-18. Bonus shares still not credited to my account. Please advise. Thanks
Rohini, bonus shares takes generally about 7-10 days to be added to your Demat Account by the company\’s RTA. Once credited you will be able to see the shares in your account.
Hi
I had 10667 cash balance . Today I bought 10700 nifty pe at 49.8 premium and sold it at 51.8, thereby making a profit of Rs 150, which is showing green coloured 150 correctly. But my funds show (Free Cash 10665.5), (Margin Used -150) and (Total Value 10515.5). I believe the total value should be 10665.5 + 150 instead of 10665.5 – 150.
So it should be 10665.5 + 150 = 10815.5 But it is showing as if I made a loss of Rs 150.
I checked the brokerage amount and the ledger and the balance is fine today. Thanks
The P&L is adjusted at the end of the day when the trade process is run.If margin used is shown as negative, that\’s funds receivable and if positive, funds payable by you.
Looks like you\’ve figured that out 🙂
Cheers!
If I sell shares after t2 day,my profit should be more than dp charges of zerodha , in a particular request.isn\’t it.???
DP charges are Rs.15.93/- including GST, so you need to make sure you are making at least 15.93 on your trade!
yesterdy i have done 1 transaction in interday
actually i was press sell button instated of of buy
in very soon i was reserve the same
i feel that my fund could be deducted
pl helm me
I\’d suggest you contact the support for this. Thanks.
Hi,
Zerodha has a requirement of 50% of stock margin used for F&O to be kept in cash. Is this a requirement of SEBI or the exchanges ?
It does not look like that because other brokerages like ICICIDirect do not have this requirement. I can utilize 100% of my stock margin for F&O without having to keep any cash.
Thanks.
The margin requirement varies from stock to stock, broker to broker. However, all brokers are required to charge a certain margin for Futures.
Hi,
I was referring to the 50% cash requirement of Zerodha for F&O margin. Is this a Zerodha specific requirement because other brokers do not have it ?
Thanks.
Ah, you must be talking about pledging stocks – https://zerodha.com/z-connect/tradezerodha/margin-requirements/online-pledging-of-stocks-for-trading-fo , this is actually a SEBI mandate.
i purchased shares on 4jan 2018 thu, but still today (Monday) its showing t1and qty-0 so when its going to transfer .
It should be reflecting today, can you kinldy check? Shares are debited on T+2 basis, so you bought it on Thursday, hence you will get the credit in your DEMAT on Monday.
i m not able to sell my holding and so many time tried to connect with help centre but no response from there
The lines must have been a little busy, request you to try again. Thanks.
Hi sir..
I have bought 1500 shares of Reliance Naval on Friday.. If I wish to sell that on Monday and want to do intraday trade… Will the fund available(for the shares I sell) on Monday itself?
You don\’t need funds to sell shares that you\’ve already bought. However, you need to make sure the stock is eligible for doing a BTST trade. Please do check with the support once. Thanks.
I did intraday trading and got little bit profits but it’s already been 2 days it is not credited to my account..kindly elaborate how it works…
Can you check with the support? Also, do check your contract note one. Thanks.
Hi, i purchased 500 Shares of URJAGLOBA (BSE) on 1 jan 2018 @ 6.70 but today in my holding it shows stock with NSE with price of 6.60 which too low than BSE rate of 7.78. why this transfer from BSE to happened.
In Kite, NSE price is shown. However, you can choose to sell it in BSE.
For this, you need to add the BSE script into the Marketwatch(You can do this by typing out \”URJAGLOBA BSE\”) and place a sell order.
However, the holding tab will show the LTP on NSE only
Hi,
I am a new investor and today i did my first buy trades on NSE using CNC however i have not yet received contract not for same, could you please advice when i will be able to get the contract not for same as i am not sure what the procedure zerodha follows regarding contract note.
Congrats on your first trade on the first day of 2018!
You will receive the contract note later today.
If I buy 10 shares in CNC and hold it for 5 days, now while selling I have options to choose CNC and MIS. Can somebody please explain why I have MIS option in selling 10 shares which I am already holding. Request someone to please clarify what is the difference.
You can sell the same share on an intraday basis as well, hence you have the MIS option.
Thanks for replying. But, do I have any advantage in selling CNC shares on intraday basis. What is the difference here i.e selling CNC share holdings(e.g. after 5 days) on Intraday basis.
Not really, you are better off using MIS.
If i have bought 1 share of xyz company at 100 Rs expecting a target price of 105 in CNC order
I have also put a stop loss order for Rs 95 if the trade goes bad.
What happens when
1) Stop Loss triggered on T Day ? ( Will it be sold as intraday?)
2) Stop Loss triggered on T+1 Day? ( will it go in btst scenario or something else?)
3) Stop Loss triggered on T+2 Day?
Basically anyday before i have delivery of my stock
Thanks
1) Yes, this will be an intrday trade
2) Yes, BTST
3) CNC sell.
Hello sir,
please tell me about. what is settlement value for 2017244. because I bought 3 shares BHSL on 22/12/2017 but next day I checked account than I show account balance deduct.than checked account details. show me my amount has debit rs.278.45. I did not understand wherein this amount?
I\’d suggest you talk to the support executive for this.
Is there any charges for Cancellation of order after 3:30 by the system ( CNC type order)
No.
Can government employee do trading?
I sold a share on 28 dec 2017 when the P&L was around 13000 /- . but when i check in backoffice it says Realised profit as zero.
why is it so. ?
thanks
C.C George
George, can you contact our support team?
They will be able to help you better as they can access your account specific information
Is the dp charges applied when my selling stocks still in pending and not executed for that whole working day (at the end of the day it got cancelled). Whether the DP charges applied in this case.
DP Charges are only charged if the sale has happened and the shares need to be debited from your demat account and delivered to the buyer.
No, in this case, it won\’t be charged as your order did not go through
In intraday trading i want to buy and sell the shares the same day multiple times. So when i click on buy option how much time will it take to complete the process the request. And when i click on sell option how much time will it take to sell the shares and upload the amount in my zerodha account ?
I have shares in my account.
I sold them with CNC order, and purchased again on the same day as CNC,
I understand this is considered intraday order.
However, I see that I am being charged 15.8 as DP charge for this trade.
Why?
I am beginner to trading and for past 2 days I have been doing intra day trading. I had funds of 5k in my account.
1. on day 1. I had profit of 218. so under ‘position’ tab, I could see P&L as 218. and on dashboard I could see used margin as “-218”
next day when I logged in to check my balance I could see my balance reduced to 4939 (margin available) instead of (5k + 218 profit).
can you please explain me how can I check where my money profit went? which are all the factors I should check?
2. Also I received a contract by mail in which I could see (Amount receivable by client/payable by client : 49.64).
What does this mean ? It will be paid to me or it will be deducted from my account and why?
Few more queries.
I have gone through the charges list for zerodha, still there are few queries
1. What are the order cancellation charges (if any).
2. Are there any charges on modifying the orders ?
3. Can transaction charges + other charges be more than profit earned ? (everyday I am having profit of around Rs 200 but amount is getting debited from my trading account at the end of every day. Why ?)
In addition to this,
Everyday I can see stamp duty of Rs 50 in my every contract note. Why it is so high?
So overall everyday even earning Rs 200 profit I have a loss of 250+ (only deductions happens. No credit)
even I have observed that for this amount of profit brokerage charges are also ~80 Rs. !!!! which is quite high.
Are there any internal clauses which are not disclosed to us ? because of which we are facing so much losses day by day ?
Stamp duty charges are set by the government, we cannot really do anything about this. All charges are explained here – https://zerodha.com/charges
1) No charges for this
2) No
3) Yes, in fact, this should be your trading objective – to make money over and above all the applicable charges. I\’d suggest you use this calculator here to understand how many points per trade you need to be profitable. https://zerodha.com/brokerage-calculator
Thank you karthik for the response,
1. And yes I am using the brokerage calculator. Till now I haven\’t been in loss in any of the orders placed. But still the next day I login to see my balance, it is always reduced by approximately 50-60 Rs. At the end of every day I have seen in the positions that I am in profit
Is anything going wrong ?
2. in the contract notes I can see that \”Amount receivable by client/(payable by client) to be positive.
does this field indicates amount to be credited/ debited In my account? It should be positive or negative ?
No, Amey, you are not factoring in the charges properly. Check the contract notes for clarity and please contact the support for a detailed explanation. Thanks.
Hello sir,
I sell a share today which I bought yesterday using CNC. free cash came into my account so I used that to buy other company share .
I want to know that can we buy share and sell and again buy on same day using CNC if free cash come into our account after selling shares .Is there any penalty involved in it ?
Can we buy other company shares just using free cash that is showing just after selling some shares of a company on same day using CNC ?
When you sell shares from CNC, you get credit towards the sale. You can use these credits towards other market activity.
I do intraday and CNC same day trading for TV18BRDCST, but i am not able to clear or exit from CNC holdings stocks. pls suggest
If you are doing intrday, then use MIS as product type.
Hi,
If I hold 100 shares in my demat account and one day I sold same quantity and again purchased on same day. My initial buy price 100. My sell Price 150. My second buy price on same day 160. So here should I have to pay capital gain tax 15% for my profit of 100 * 50 ? As i sold and purchase on same day my avg price is still will be shown as 100. I am aware that settlement will be happen between my sell and purchase of same and I will incur a loss of 100 * (160-150) which will be debited from my account (I think so). So I am not very clear on tax part. Can you please explain ? All transactions are within a year.
When you buy & sell stocks the same day, they have no bearing on the stocks held in your demat account. The trade is considered an intraday trade and as per section 43(5) of the Income Tax Act, 1961, profits earned by trading equity or stocks for intraday or non-delivery is categorized under speculative business income.
There is no fixed rate like capital gains tax rate when you have a business income. If you have a business income, it has to be added to the rest of your other income and tax has to be paid as per the tax slab you fall in.
Hi Venu Madhav, Thanks for your quick response.
I do not have any business income so can you please tell me from above example fro my profit of Rs.5000/- how much tax I supposed to pay apart from normal transaction charges which I can see in my contract notes anyway. I was doing this buy and sell of same day since few days by maintaining my initial buy price as same but getting advantage of price variations. But now I am worried that my every time when I sell I may end up with paying taxes on profits (which is more than 50K in my case).
Can I buy first and sell later shares on the same day? What is the process in this case? How the realization and money flow will be?
Yes, this is a straightforward intraday trade. Your P&L will the difference between the buy and sell price, multiplied by the number of shares. The money will be credited to your trading account by end of the day.
Hi Zerodha Team,
I buy 100 shares by using CNC option. Per share value is 320 rupees and after one hour it moved to 330 rupees so I decided to sell it on same day will is there any risk involved? to do Intraday we need to use always MIS option.
No risk involved, you make a profit of Rs.10 share. Yes, MIS product offers higher leverage.
Hi Karthik,
To summarize Venkat\’s point, CNC can be used for both Intraday and Delivery. If we choose CNC and sell it on
T day – it is Intraday (Brokerage:Yes)
T+1 – It is BTST(Brokerage:Yes)
>T+2 – It is delivery.(Brokerage:No)
If we choose MIS, trade is valid only for Intraday. Is my understanding correct?
In Zerodha ZConnect, I have read a point that we cannot sell CNC until it is available as holdings.
Link: https://zerodha.com/z-connect/tradezerodha/zerodha-trader-software-version/orders-place-modify-cancel-view
Yes, that is right.
This chapter needs to be updated to include GST
Thanks for pointing this out, will do the needful.
Sir I bought 4500 shares of niftydec10000pe at cost of 34.21 rs at time of 3:20 .what will be brokerage for me. ..plz reply
The brokerage charged will be Rs.20. You can check the same in the contract note which will be mailed across to you. I\’d also suggest you check the brokerage calculator here – https://zerodha.com/brokerage-calculator
Hi,
I purchased laxmi vilas share on 05.12.2017 and record date for right issue entitlement is 06.12.2017. whether i am eligible ot not for right issue.
No, I dont think you are eligible.
Hi,
I did a buy and sale of share on the same day both in CNC mode.Lets say the net profit(all brokerage+levies etc. deducted) here as P1.
Later in the day I bought the same share again on CNC and is holding the stock.
Now:
1. When will profit P1 will be shown as realized profit?means when will I have that profit added to the account value?
2.The paper profit for the second CNC is being shown based on average price of both the buy trades on the \”position page\” on Kite.Should it not be showing the paper profit based on the buying price of the second trade only as I have already sold the first stock brought earlier?
These are all today\’s trades.
Kindly calrify.
1) Yes, you will get the credit for P1, you can withdraw this on the 2nd day
2) Kite cannot differentiate this as both the trades are on CNC.
I opened a new account on Friday I.e 8 December and on the same day I sent the POA form .today is 12 December and still iam unable to sell the shares and speed post tracking shows delivered to zerodha on 11 December.
Suggest you please contact your sales manager for this or you could send an email to [email protected] for this.
How to know about my sales manager as I opened account through website only with ekyc.
Suggest you drop an email to [email protected] for this.
Hi Team,
I have one case hope you will answer me , on 7.12.2017 I have brought Dixon 29 shares , and yesterday 11.12.2017 I have sold my 29 stock in delivery and cleared my position later I have got a message that there is a payout shortage for 20 shares and auction will be made when I received the contract copy I see that my shares are sold two times once when I sold and once the auction for 20 shares .
I see that my account has been credited and in P & L account there it is showing one open sell position for 20 shares can you please explain me why this has happened and what will be the next steps ? do I need to really worry I see the share is going down now .
Looks like a case of Short Delivery.
However, can you contact our Support for a more specific resolution?
if I buy stocks in Cash and Carry basis but sale it in same day , should I have to pay any fine ? and what charges will apply in this transaction.
No, not really. This will be considered as as intraday trade and brokerage will be applicable accordingly.
My absolute profit is Rs 507 till now but when i add holdings+positions+free cash in zerodha kite it shows a profit of Rs327. Why??
Can you check your Profit & Loss statement in Q- Backoffice>> Reports? This will help you understand your actual profits.
Do keep a note on brokerage and charges in the List of Charges
Hello,
I need to transfer shares from my mother\’s demat account to my demat account (both accounts with zerodha). How could I do that?
Regards,
Aniruddha
You need to request for DIS slip for this. Request you to contact our support desk. Thanks
Can I use for-loop in my trade-script?
Is there any function to get Open position of scrips?
Its best you post this question here – https://kite.trade/forum/
Hi,
I have purchased some share from nse under CNC around 10 days back . Now I want to sell the shares in BSE. How Can I do it through Kite. I don\’t see option to select exchange while selling the share. Please advise.
When loading the stock on the MarketWatch, select the stock from BSE.
When you choose to sell from your Holdings, it will sell in NSE.
To sell in BSE, add the BSE scrip into your marketwatch(Eg. \”Infy BSE\”). Place a CNC sell order from the Marketwatch(not from holdings). The order will route through BSE
Hello sir,
I downloaded my Profit & Loss Statement from Q Zerodha which shows that I have gained profit but in actual my initial funds are less than what i transferred. Is it due to DP charges as your P&L does not show any DP charges.
Please provide me details – how much DP charges are charged on how much quantity and amount of transaction.
Is there any tip for DP charges while doing intra day that you would like to suggest me.
Hi,
I have found multiple discrepancies in my account PA2411 in the past two months (October 2017 and November 2017). I have previously informed the zerodha support team about this but to no avail. Please look into the matter and take corrective action.
I\’d suggest you please email [email protected] about this. Thanks.
Hi,
Also, my previous broker allowed me to use my holding as margin to trade in shares but zerodha doesnt ( i am not talking about pledge!.
We allow pledging of shares, which all release additional margins for you to trade. You can opt for this. This is essentially what your previous broker does.
Hi,
Before opening my account with zerodha, I purchased a P group share through my previous broker. After i transferred these shares to zerodha, i was surprised to know from your support team that i cant trade in these shares!! If other broker can, why cant zerodha? Please help me in finding a solution.
If i buy shares by CNC and Sell it same day. Is DP charges cut for my trading ??
No, DP charges will not be charges. DP charge is applicable only if you manage to sell shares from DEMAT.
Thank you , please tell mi what happened if i buy stocks today and sell tomorrow (T+1) as stocks not added to demat account before T+2 day is that trade is free from DP charges ??
And if i buy today and sell day after tomorrow i.e. (T+2) day is DP charges applicable to this trade ??
Yes, if you buy today and sell tomorrow, then there is no DP charges. If you sell after T+2, then DP charges are applicable at Rs.15.3/- per scrip, including GST. This is not depended on the quantity you are trying to sell.
Thank you very much
What happens in case of intraday?
MIS is an intraday order, Rajesh.
today i buy 550 shares in bhel, it is not intraday trade, but in my purchase list it is showing as sell… i checked the trade details it is showing the seller user is ADMINSQF1.. why this is happened?
I guess you must have opted for an MIS trade by mistake. Can you check with support once?
im new to zerodha hence can you explain this thing=
i thought stock is debited from demat-account on T2-day and then demat-charge is taken from client.
i have cnc 15 shares of xyz in my account [7days old purchase],
now i sold cnc 5 on28nov [T], on 29nov i buy cnc 5shares [T1-so no debit from demat-account should be done?
but on 29nov evening sms from cdsl says= \” 5qty of xyx debited from you account\”
why this is so,why debit done on T1day? and does it means demat-chrge of 15rs will also be levied?
thx for you time
The shares are debited the same day. Yes, whenever you sell shares, DP charges are applicable. This is on a per scrip basis, irrespective of the quantity you sell.
yeh but confusion is read somewhere in zerodha forum =that if you buy back same stock before share-debit [beforeT2day] ,then share-debit is not applicable, can you through light on that
thx
in this thread=
https://tradingqna.com/t/sell-today-and-buy-tomorrow/1106
Mr Nitin said \”Yes if you already have shares in the demat, you can sell today and buy back by T+1 evening without effecting your shares in the demat\”
then can you explain reason of debit,thx
Right, you can sell today, and buy it back tomorrow and the share in your DEMAT will stay intact.
That I\’m afraid, can\’t happen. When you sell stock that you\’re holding, shares get debited from your demat. They don\’t get adjusted against the T+1 day purchase transaction. Thanks for pointing it out, I\’ll make the update there.
Can you please provide the link to this? Thanks.
thx for reply, but i found selling on TDAY and buying back on T1day ,dedudcted shares from demat and charge of 16/- is also levied
hence it seems ,what Mr. Nitin said is not implement
your view on it
What is meant by \”Taxable value of Supply(brokerage)\”? Is it like the brokerage can only be partially taxed, if yes, why?
Not sure, Apurva. Can you share the context, please?
Okay,
So in my contract note, there is a head under which the charge is deducted from my account.
This is called \”Taxable value of supply(brokerage)\” and there is an amount listed against it, which is 0.01 or so sometimes.
What is this amount? Is it brokerage or is it the tax, as is mentioned?
If it is a tax on the brokerage, is the brokerage taxable?
Taxable value of supply(brokerage) is basically the brokerage charged for the trades done. For Equity Delivery trades, we charge zero brokerage, hence, a token 1 paise charge is billed in the Contract Note.
Securities Transaction Tax is charged by the government when transacting on the exchanges. Please refer to List of Charges for more information on STT and other charges.
That link was really useful, Faisal. Thanks.
I have buy 400 shares of grauweil of BSE @ 70.75 and sell out at 71.8 in intraday on 24 Novemeber 2017. According to calculator total deductions including brokerage charges are Rs 18 approx but in real zerodha have deducted around Rs 83 for brokerage. Trade is done in 3 parts in buying and 1 part in selling so exchange transaction charges would be Rs 6 instead of Rs 3 which is shown in calculator. Stamp duty is Rs 1.14 which is not shown in calculator. This problem is only facing by me in BSE scrips. Nothing wrong with NSE brokerage from calculator. Kindly tell me the reason that why Zerodha is deducting more charges for BSE scrips than shown in your calculator for Intraday. This is the second time in this week when i have face this problem. Kindly give me the reason. It might be possibility that there might be some additional charge for BSE scrips which i do not know. In this case, kindly tell me about additional charge if any and tell me how the deduction for this order can become 83
Nikunj, Grauer & Weil Ltd stock is trading in XC(T2 category, read more here) group of stocks and the exchange transaction charge is charged at Rs 10,000 per Crore. For your trades, this adds up to ~ Rs 57. This is also mentioned in the list of charges.
You can add stamp duty in the brokerage calculator by selecting your State(as per address proof)
I am a new to share market, just opened Demat and trading account a week ago with SBI and i am trading since last 3 days.
I just want to share one situation that has happened with me today 23.11.2017. Please answer the following points.
1) I wanted to buy ARROW Greentech on intraday basis but RMS did not allow me.
2) The brokerage on Delivery in SBICAP is 0.5% and the Brokerage on ZERODHA is 0.1% or Rs 20 whichever is lower on delivery then my question is if i would have bought the 8K Miles @ Rs 810 and sold it on the same day as delivery basis share @Rs 865 what would be my profit using ZERODHA Vs SBICAP.
3) If the delivery brokerage is at such a low level in ZERODHA then instead of doing Intrday why is it not advisable to use delivery trade to book maximum profit?
1) You need to ensure the stock is allowed for intraday trading or not. Check with the support for this
2) I\’d suggest you check this brokerage calculator – https://zerodha.com/brokerage-calculator
3) You certainly can!
Hi- DP charges are now @INR16 /scrip during sell time. Is this fixed for any number of trades OR does it have a range- For Eg 1-10 sells -16rs ; 11-30 -some x amount; 31-100 – y amount ; > 100 – z amount etc. Does DP charge vary in relation to no of sells performed?
Thanks!
ALSO: Does it depend on \’Sell Amount\’ range?
Not really.
Its fixed. Does not matter how many shares you sell.
No previous day ohlc data .
Please suggest me what to do?
Like I said, check this on Monday morning.
Hi sir
My watchlist in kite app shows not a single value ( number) only shows script name
What i do?
Markets are closed, Ajay. Guess the tech team is testing something out. Check this on Monday.
Dear Sir
My client id zy6837 I traded in crudeoil future with 1 Lot on friday 17th nov , earned profit of Rs 190/- squaring off my trade on the same day but next day when I checked my balance, is now showing 0(zero) in my commodity fund section , why….?????
please give your feeback
Can you please check with our support desk on this? Thanks.
Can I sell CNC share on the same day or next day of buying.
You can. Selling it next day incurs the risk of the auction. More on that here – https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
when will we get contract note.
Same day.
I had purchased x number of shares yesterday utilizing the entire amount available in my account and sold all the shares the next morning. Now I want to take another position but unable to place order reason being RMS Margin exceeds, required margin 7072.50, available margin 1377.71, however I have sold all the shares and have Rs. 9800 as free cash in my account after the sale transaction.
Can you check with the support desk? Margins should have been released immediately.
lets say i have shares for a month in my demat…..and next day i sell them (lets say total value 100)…now if selling is complete then kite will show all the money means 100 as free cash within few minutes same day…now lets say i then do a mis trade and lose 50 …then what will happen ..see i sold share but it will take 2 days for money to come…but i still have to pay for intraday on the same day….how exchange or zerodha will handle this…i can pay my loses but only when i have the money (which i will have after a day) ..but i have to pay now…what is the procedure in this case
You will get an instant margin when you sell shares from your DEMAT. You can utilize this towards other transactions.
what\’s the margin cost/penalty involved in that? I couldn\’t find that information in the brokerage calculator page.
Penalty for?
Hi,
I sell some shares on T day. The same day Zerodha shows margin utilized as the value of sell proceeds. On T+1 day, Funds screen shows Free cash which includes the above-mentioned sell proceeds.
I am supposed to get the sell proceeds only by the evening of T+2 day, right? So can I use the sell proceeds value shown on my funds screen on T day or T+1 day to buy shares? Is there any cost involved?
Yes, Margin added can be utilized to take fresh positions for the stocks you have sold.
Hello Kartik,
You said that the stock will be credited to my Account on T+2 day. But, if I sell it on T+1 day, I\’ll be able to sell it. Right?
Then how am I eligible to sell a Stock which I am not owning.
Thanks.
Yes, you can sell on T+1, but you carry the risk of the auction. Check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
Sir,
What is value area high and value area low
No idea, can you please give a context?
How to check long term holding or short term
If the stock is held for more than 365 days, then that would be considered long-term, everything else is short term.
HI CAN I KNOW THAT I PURCHASE 10000 SHARE AND AFTER 2 MONTH MY SHARE SELL BY BROKER WITHOUT MY CONSENT.MY QUESTION IS THIS THAT HOW BROKER KEEP MY SHARE IN TRADING ACCOUNT FOR TWO MONTHS AGAINST T-2 DAYS
Check with your broker, Atif. He cannot sell without your consent.
What if i buy and sell different stocks on the same day .. which is multiple trading .. how will you deduct the money from my bank account .
Minaz, you are free to trade as many times as you want during the say. The money is utilized from your trading account, which means before you place your trade, you need to ensure that the money is transferred from your bank account to trading account.
Good luck.
i had sell SBI (intraday) during square off time but when want to buy there is no buyer available i have not so much amount to convert into delivery . What will i do ?
Did you try placing a market order? SBI is quite liquid.
Dear sir Thanks for such a lucid explanation
Can you please clarify my understanding on intraday trading?
Right now I am not sure which one of these is happening for intraday trading
1) Whenever X is buying a share in intraday trade, there should be always someone who is Y shorting in intraday trade for the transaction or trade to complete. If that is the case, Y need to buy the share by end of day 03:20pm which means some Z has to short it which seems never ending process.
or
2) It works like zero-sum game like in future trading with underlying asset as equity. So when X is buying a share in intraday trade it is like buying contract/agreement which should be sold by end of the day and at same time someone Y is selling contract which should be bought by end of the day. So by end of the day they will be squared – off or they can transfer risk during day with another person.
How does intraday trading works?
1) Y can be a regular seller – selling shares from him DEMAT
2) Not really – like I said the seller or buyer could be operating in delivery mode as well.
Thanks for reply. kindly bear with me.
1) Can you please elaborate on intraday trading settlement process from both buyer and seller sides.
From your answer it is still not clear what happens during intraday trading. please give insights.
The settlement is very straightforward, Mahesh. Lets say I buy 10 shares @ 200 and sell 10 shares @ 205, my profit is Rs.5 per share or Rs.50. Out of the Rs.50 profits, I will have to pay my charges, and after which, whatever is left will be my profit for the day.
Question – If i have 10 shares bought at INR 100 each and a week later, i first sell these shares at 80 each, and buy the same co. shares (larger qty, say 12) at roughly same price i sold, INR 82, will the sale and purchase be treated as intraday even though I\’ve asked for delivery in each case?
Depends on the product code you used for selling the 10 shares. The 10 sell gets offset by 10 buy, the balance 2 will get to your demat if you have placed the order on CNC.
How does the P&L gets calculated for MIS. Even i make profit it\’s still showing loss I.e
I bought 10 shares of [email protected] and sold them @61.10 do the basic math here i\’m getting 1r loss, but P&L shows 4rs loss.
I don\’t have any idea how does this even comes near to 4rs.
Its your loss plus the applicable charges. However, the P&L should reflect only the P&L and not really charges. I\’d suggest you call the support.
What is meant by Face Value mentioned when we buy a stock and it gets credited to our Account? How does it affect if we keep that stock for an year? Can you give by example if a stock is having FV of Rs 2?
The face value of a stock is just a notional value assigned to the stock. Usually, its kept to 10,5,2 or 1. It does not matter in the day to day trading of the stock.
Question continue s now it\’s showing avg price of of 30 shares is 309 ,so it\’s not showing profit total profit of 20 shares which I had purchased yesterday..
Can you please call the support desk and get this checked? Thanks.
I purchased 20 shares of xyz company @ 280 on Thursday ,again next day I did intraday trading (cnc type) of same company and took delivery of more 10 shares ,now how come it\’s showing avg price of 30 shares
The trade done on Thursday should not alter the average of your holdings, considering they were intraday.
Can we place any order on Saturdays or Sundays, or for that matter, any holidays? If yes, when would the shares be credited? (In case of CNC orders)
You can place an AMO on all after market hours(Weekends, Market holidays), but the orders will only go through the next trading days when the market opens. You can read more on this topic here
Sir,
Today i buy 700 shares @ Rs. 112/- and sell them at @117.65, i get profit of Rs.3955/- but that amount when to margin used. Is this amount will be credited to my account or not ?
It gets added to your account and you can use it as margins.
sir one more question i can\’t sell my holding next day also when talking to executive person say\’s zip no what is this
ZPIN is a security feature required when placing orders via call and trade. If you\’ve forgotten then the same will be sent to your registered mobile number.
sir in my holding when i sell on next day the new shares of same qty(sell) will show in my account also show,holding zero and no pending show in my account but on next morning the holding share bought at different prize why this because all pending order cancell tell me sir
I think you should call support and get this checked.
I am Rahul I sold 50 shares of Mcd on Friday.. I forgot to cover it now I go to buy in my account means it shows its in have moved to action now what price will they buy it Monday opening rate or… Please guide me… 9043035196
Rahul, was this in MIS? If yes, then the order would be squared off by our team. If not, the position would be auctioned. I\’d suggest you speak to our customer care unit for this. Thanks.
Hi,
On 25th Oct I had 5095 Share of MBL infra(MBL-BSE). On 26th Oct, I sold and buy 2492 shares in (MBL-BSE). Amount not gets credited to my account nor shares credited to my account. IT\’s showing me only 2603 in the account. But In contract notes, I had both the details of sold and buy. Until what date remaining quantity will be credited to my account.
Was the trade on 26th and intraday trade? If if they will not reflect in your holdings.
I need information on the settlement on futures and options.
Suppose i Buy Maruti 8200 ce @ 208 rs NRML on 27thOct with value 31200 at the end of the day ltp price was at 159 rs showing loss of approx -8000.
how this settlement process works for NRML orders.
Please explain in brief or share link with explanation on the same.
Avi, Futures(long and short) and Options(shorting) have a Mark to Market Settlement wherein Day\’s change margin is added/removed from your trading balance. You can read about the same in this chapter.
However, for Option buying, the amount is debited once you buy the Option contract(Rs 31,200 in this case) and the funds will be released only if you choose to sell them. There is no Daily MtoM settlement when you buy Option contracts.
This is the case of buying a call option, which requires you to pay 100% premium upfront. Just like how you\’d buy a stock. So end of the day, the value of the option that you are holding goes down. Apart from this, there is no settlement here…unless you decide to sell the option.
Can i buy and sell a stock on same day in which i placed the order as CNC?
Yup, you can do that.
Hi
I have purchased PNB shared today ( 25th October 2017) , End of the day on NSE PNB\’s price was 205. But in my zerodha account the current price of PNB stock is showing 202.05.
Can you please confirm on this.
Thanks in advance.
205 is your buy price and 202.05 is the closing price I guess.
If I Buy a stock in MIS in bracket order at 10 am and it executed at 10.10 am …what will be my account position..
Shall I take another position with the same amount at 10.12 am ..
Actually…I want to do scalping….can I trade multiple time in intraday for very small profit for the same amount..what will be account position…????plz clarify…
Yes, you can trade multiple times during the day. No restriction on that. However, if you intend to scalp, I\’d suggest you stick to liquid stocks and market orders.
What do you meant by liquid stocks and market order??…as I am new in this field I don\’t know the meaning of liquid stock??
Liquidity is a measure of how easily you can buy or see a stock. Basically the availability of the stock in the market.
Hi,
I am new to Zerodha and trading and would like to understand why the following is happening in Kite :
1) I bought Bhushan Steel on Monday and when i try to sell it on Tuesday , it is going as a sell order (short) and also my quantity in holdings is being shown as zero. Why is this happening.
2) Quite a few Sell orders (short orders) are getting rejected.
Please advise.
Shashi, whenever you sell from the holdings, a short position will be shown in positions which will get reconciled at the end of the day. You don\’t have to worry about it.
Short sell orders are available for stocks in this list and are required to be placed under MIS type. Please contact Support for any other rejection issues
1) The short in positions just reflects your intraday position. When you sell it the next day, your T1 quantity will reduce to 0
2) You must be trying to sell from CNC – please double check.
I have brought Munjal Auto shares 1 week back, these are not showing in holdings. If I place sell order it is rejecting saying that no holdings. In Q portfolio holdings are showing in T1 category. Pls suggest how to sell
There were few settlement holidays last week Bharathi. Settlement holidays impacts the delivery of shares. I\’d suggest you give a call to our support desk for this.
Hi,
I went to my ledger to check my account. I found that my settlement cost is more than my stock buying cost. I understood that brokerage is not calculated in my stock buying cost. So, went to zerodha brokerage calculator and checked brokerage and added to my stock buying cost. Its not equal. I got more money deducted. Can I know why my settlement cost is more????
Appreciate help.
Thanks in advance
Nadeem…I\’d suggest you call our support desk, they will run you through your ledger and help you understand charges.
Dear sir,
I have Demat Account with Zerodha since 16 Oct 2017. When i started intraday trading on 16 Oct 2017 with Rs.5000/- investment and I got Rs.395.60 as Realised profit. When i checked my account in next day… it showed only Rs.5,212.56/-. Why? In one of your answers to clients you said the profit will be credited to your account after deducting everything. In my case i dont understand what happened…? In a day i.e. from 9.15AM to 3.15PM during the period how many times i can do intraday trading… is there any restrictions for that….for each trading you will charge your Rs.20 brokerage charges…? please explain as I am new to this field. Thanks and Regards. M S Giri Babu
You will have to check the ledger and see the applicable charges. I\’d suggest you call the support to understand this better.
No, there is no restriction on the number of times you can do intraday trading. However, overtrading is not a great thing for the longevity of a trader. The brokerage will be Rs.20 for each executed order.
Hi Team,
I bought shares in XT category – Jagdamba Polymers (http://www.bseindia.com/stock-share-price/shri-jagdamba-polymers-ltd/shrjagp/512453/). Can you please tell me when I can sell these shares? I bought it from Zerodha.
On T+2, more on XT here – http://www.bseindia.com/markets/MarketInfo/DispNoticesNCirculars.aspx?Noticeid=D07E9FE9-3D0D-4C5D-8F67-53200B215001¬iceno=20170630-40&dt=06/30/2017&icount=40&totcount=40&flag=0
If a contract note has several buy/sell trades in a scrip, resulting in both square-off and delivery, then how can I determine which trade has incurred delivery brokerage and which has incurred intraday brokerage? Zerodha\’s contract note does not separately mention brokerage per trade nor does it identify a trade as delivery or jobbing.
We are soon introducing a new contract note format which contains the break-up of the brokerage charged for each trade.
Previously, you had to manually calculate the same.
In all cases, the brokerage is charged only if there is a net buy and sell in a day. Otherwise it is treated as Delivery(Zero brokerage).
For taxation purposes, the Tax P&L statement makes the differentiation of your trades under Speculation, Short term and Long term
I noticed, as with other brokerages, in Zerodha it is FIFO employed for distinguishing jobbing and delivery trades. My confusion was because trades downloaded in Excel format consolidate as per Trade No.. However, contract note divides a Trade No. as necessary for square-off and delivery.
It will be helpful if there is option to get contract note in HTML or spreadsheet format. As such, a client can easily copy-paste data in Excel and do calculations, instead of first downloading trades in xls and then calculating and checking with figures in pdf contract note.
Hi,
I am extremely thankful to you for clarifying my queries within no time.
I got a surprising knowledge today.
I never read it anywhere in your manual or saw in your youtube videos. Got this from this youtube video (Link: https://www.youtube.com/watch?v=VazR-zifYEE Time 5.40)
It is said that after buying a stock in CNC it can be sold on the same day in CNC. I read in your manual that delivery based purchase can be sold only once the stock gets credited to your account. Otherwise, it will be treated as BTST with its own risks.
Could you please throw some light on buying and selling on the same day in CNC segment? Also please tell me what would be the charges for doing so?
Nancy, if you buy and sell the stock on the same day (although bought under CNC), it will be considered as an intraday trade and charged accordingly. However, to do BTST, you need to buy under CNC.
Please clarify whether my understanding is right.
CASE 1:
I buy a stock in CNC with the intent of taking delivery. Suddenly I see a tremendous upward movement in the stock on the same day and would like to take advantage of it. So I sell it in the CNC segment. Then this will be considered as an intraday transaction. Intra day brokerage charges would apply.
1. What would be the STT percentage? 0.1% on buy & sell (CNC charges) or 0.025% on the sell side only (Intraday charges)
CASE 2:
I buy a stock in CNC with the intent of taking delivery. I see a sudden increase in the stock price on the next day. So I need to sell it in BTST right. BTST has certain risks.
CASE 3:
I buy a stock in CNC with the intent of taking delivery. I see a sudden increase in the stock price on the second day. If I want to sell the shares what should I do?
Check this – https://zerodha.com/charges
1) It would be on the sell side
2) Yes, that would be BTST and BTST comes with its set of risks. Check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
3) Same as above.
Thanks a lot
Cheers!
sir i am a beginer. suppose if i am buying 100 shares of cdsl in CNC, it shows three options CDSL, CDSL BL, CDSL EQ. what is the difference.
thanks
Suppose I sell shares worth Rs 50,000 (Delivery Trade already there in Demat) on 16th October.
Can I place request for fund withdrawal Rs 49,850 ( Approx after all charges) on same day i.e 16th October and expect the funds to be credited early morning i.e 17th October.
Is it possible?
Or I have to wait till 18th October(T+2) and expect the funds to be credited by 19th October.
You can use the funds to purchase another stock the same day as you\’d be given margins, however, you can place the fund request on 18th i.e T+2. For F&O, it would be T+1.
I bought ashiana shares on 09/10 and received the contract for the same. However, yesterday night I received a notification from zerodha confirming that my shares have been short delivered. the holdings from portfolio have suddenly vanished and I cannot see either the funds being credited which should happen in short delivered status as per the email.
Kindly help.
This is the case where the seller has defaulted on his obligation. The email sent will have necessary details. You will either get the delivery of stocks or the funds will be credited. Cut off date will be mentioned in the email. In most cases, you will get the credit of stocks. In case stock credit does not happen, then you will get cash + 20% (at the most) credited to your account.
After selling the stocks on T day they get blocked and enter into positions, i have doubt in positions if i sell a stock for Rs100 in p&l sections sometimes it will be showing -2 and +10 what are these,if we exit in positions stocks will come to holdings but @what price they will enter into holdings??
I\’m assuming that you\’ve sold the shares from the holdings. Positions just reflect the intraday position. So when you sell the stock from holdings, the system understands this as an intraday position and therefore starts tracking the P&L (this is -2 and +10 you are talking about). However, end of the day this gets cleared and your stocks are flushed out of the the DP to meet the exchange obligation.
sir what about when we exit from positions again it comes into holdings @ what price it enters into holdings?
No, that does not happen. When you exit a position, there is no flow to the holdings.
Hi, can please explain the following
Quantity Traded 29,97,790
Deliverable Quantity (gross across client level) 6,12,046
% of Deliverable Quantity to Traded Quantity 20.42 %
Quantity traded indicates the total number of shares traded. Del quantity represents the number of shares taken in for delivery.
1. How much DP charges should I pay for selling 100 shares of same stock?
2. How much DP charges for selling 100 shares of two different stocks (50 + 50)?
3. Is DP charges applicable for Intraday trading?
4. If I buy a share in CNC on T day and sell it on T+1 or T+2 day before crediting to my Demat account, will DP charges be applicable?
1) DP charges are Rs.13.5 per script, irrespective of the quantity
2) 13.5 + 13.5
3) No
4) On T+1, the shares are still not in your DP, hence no DP charges. The charges are applicable only if the shares are debited from your Demat account.
Dear sir iam a blind person and I want to open demat and trading account with you it is possible or not.
Yes, sir. It is possible. In fact, if you have AADHAAR, you can do this online and the account gets opened instantly. Check this – https://zerodha.com/open-account
How to choose best penny stocks for long-term investiment.
Fundamental Analysis is the only way to go about long-term investments! – https://zerodha.com/varsity/module/fundamental-analysis/
1) Can I have trading account with zerodha and demat account with my bank.
2) what will be the charges if I only make delivery trades in zerodha
1) Yes, but its best if you roll this with 1 entity
2) Brokerage would be 0. You will have to pay some statutory charges – Check this – https://zerodha.com/brokerage-calculator
I doesn\’t trade for 10 days but my funds are decreasing how can this happen
Which broker? If its Zerodha, then this is not possible. Please give support a call to clarify.
I sold some shares last week. It was debited to my DEMAT account on 20.09.2017. By when should I ideally receive the money in my a/c.
What am I suppose to do if the payment is not received / received late.
If your intention is to use that money towards buying another stock, then you can do that the moment you sell the stock. You can also place a withdrawal request for the funds the same day. You will get the cash in your bank account the next working day.
Hi Sir,
I purchased x company share for 5 lakhs on last week friday and unfortunately i am not able to take delivery till this friday.How much i have to pay penalty for my debit?
No there won\’t be any penalty for you. I get a feeling that the seller has defaulted. Can you call our support once? Thanks.
Hello,
Yesterday i purchased some x shares. Today i again purchased the same company shares using CNC. On the same day i sold some shares using CNC option. Which shares will be sold first , the shares which i brought yesterday or today.
The 2nd day\’s transaction will be considered intraday. You will get delivery of the previous day\’s purchase.
no sir my question is which shares will be sold first, whether today\’s share or yesterday\’s shares will be sold first.
Today\’s shares.
Please let me know clearly about Complete brokerage charges in below 2 situations in Zerodha
1. I bought shares today and i sell tommorow ?
How much they charge Brokerage!!
2. I bought shares today and sell after creditng the shares in my account ?
1) Nothing
2) Nothing
In both the cases, you only pay statutory charges levied by Govt and exchanges. No brokerage from Zerodha.
More on charges here – https://zerodha.com/charges
Karthik sir,
When can we expect the Reliance bonus share to be credited in our demand ac in kite.
Can you please check with the Support team? My guess is either today or next week.
Hello,
I have free cash of 9006 and total value of 8597 at the end of the market closure so will the funds which are reflecting in the free cash segment be credited in my account tomorrow (within 1 day) as stated in most of the comments above and will it be 9006 or will there be any deductions in it .
Thank You
Yes, the margin would be available for you to trade.
Suppose I want to buy 5-10stocks on a monthly basis of a company..like an investment of 5000 monthly for a term of 1year..and I can use dips to buy more in a month..something like an SIP but I wanna manage on my own and wanna buy only a few companies..how much brokerage and other charges will I have to pay in the end of 1year?? And also if I hold for long after like 5years, will the charges eat away majority of my profits?
If you are buying these shares from Zerodha, then you do not pay any brokerage. Zerodha was the first broker in India to not charge brokerage on Equity investment. Check our charges here – https://zerodha.com/charges
i sell IPO and my settlement date is 20.09.17, then which date my fund received
T+1 day.
hi,
how do you calculate the fund ? it is quite confusing to understand the fund i used, margin i used & available fund to trade . i usually buy CNC stocks(equity delivery) , i tried to calculate on my own using brokerage calculator but the total stocks value + brokerage are coming different as per my calculation from my trading account.
can you please provide a link or videos or anything i can understand the details.
thank you
Check this – https://www.youtube.com/watch?v=uAAwy5aQxBs&list=PLkxTRam6E2V-okv6gwQlt6dLTsn0v6CD1&index=3
If I\’ve 10 shares of HDFC in my DEMAT and I sell them at 12:30 pm. If I sell them for 1700 at 12:30 pm. Can I buy other stocks worth Rs. 17000 (1700*10) on the same day before 3:30 pm.
Yes, you can.
What is face value. Is it necessary to consider it. If so what should be the minimum face value of the share to invest in long-term and intraday trading.
Face value is the nominal value of a share. FV has nothing to do with trading.
I want to learn about stocks complete about angel investment private equity portfolio management venture capitalists IPO ofs fpo dilution of share unallocated share dematerialised shares and total shares etc please guide me what the book should I read to learn completely about this
We did a webinar on this topic recently. Check this – https://www.youtube.com/watch?v=32waPupaXGg&list=PLkxTRam6E2V_Kq5l-H4Xihh-nWgO6Z4d9&index=23
What happens to my shares if the company is delisted from NSE.
Suggest you check with the company once. If the company is bankrupt, then I\’m afraid it would be worthless.
What if i hold 100 shares of xyz co @ 100 rs. from over a month. Then i sell it all one day at 110 and buy the same quantity again at 105 the same day.
1) Will i get profit of 5 rs. here?
2) what will be my price of purchase. 100 or 105?
Divis lab\’s gives dividend of rs 10/share so how i check in my zerodha account about dividend amount.
It will be credited directly to your bank account.
hi i have just opened an account on zerodha. i am a lehman to trading and its terms, so i am putting my question in simple terms.
suppose i have 1,00,000 in zerodha trading account.
1) how can i buy shares worth 5,00,000 using zerodha online trading?
2) until when can i hold those shares?
1) You will have to log on to Kite and place a buy order
2) As long as you wish
I\’d suggest you attend one of our online demos. The demo happens twice a day. Please do subscribe to our Youtube channel and you will be notified when the demo starts – https://www.youtube.com/user/zerodhaonline
as here i have used rs. 4,00,000 extra then present in my account for trading..will i have to pay some interest for it?
No, nothing of that sort.
Can I do BTST in NSE EQ segment shares and where can I get the list of BTST stocks to do BTST trades.
Yes, you can. However, you cannot do BTST if the stock is marked under T2T segment.
I have 3 shares of reliance industries in my dmat account.9.9 2017 was the record date for bonus share.i have dmat a/c in icici direct.But the share not included yet in my dmat a/c .where to complain.
The bonus shares will be credited to your trading account the moment RIL issues them. I\’d suggest you speak to your broker about this.
By they, did you know we do not charge brokerage for delivery based trades? Maybe you should consider opening an account with us 🙂 – Follow this link to open your account https://zerodha.com/?ref=varsity
Thank you very much sir.
Welcome!
Hi, I have some gaps in my understanding , when i short the same stock multiple times in a single day why is there a discrepancy in profit/loss calculation . for example i sold and brought the same stock three times in a day and P&L in Kite seems to have taken the average price . Regards,Arjun
Its the same stock that you are trading, so it makes sense to show you the consolidated average view right?
Thanks, These are independent transactions. averaging out will reduce my profit isn\’t it .. hope i am not missing out the logic 🙂
Yup, holds true.
Above query is only for CASH N CARRY trade. Same 3000 rs can i use for multiple trading in different stock on the same day.
Thank you
Yup.
I have 3100 rs in my account . Can i do thi shares of Bs limited
CASH N CARRY
Buy 1.50 rs * 2000= 3000
Sell. 1.60 rs* 2000=3200
WITH THE SAME MONEY INVESTED CAN I DO SAME TRADES MANY TIMES IN A SINGLE SAME DAY.
SUPPOSE I DO THE SAME FOR 5 TIMES from 9:30 to 12:30
I GOT PROFIT 1000 – CHARGES= \’X\’ WILL BE MY NET PROFIT
WHEN I GET MY INVESTED 3000 RS AND NET PROFIT \’X\’ for trading after 12:30 in same day
Or is it possible to trade with the
( 3000+ \’X\’) money after 12:30 on same day
AND WHEN MY MONEY RETURN TO ME FOR FURTHER TRADING
Yes, you can do multiples trades (although I would not advise you to do that considering your capital size). You can trade with the profits generated.
Hi,
I have a query regarding multiple trades in a day that include both delivery and intraday trading.
Example: Day 1 – I already have 500 units of Stock A in my demat account. Lets give it a name Trade1.
Day 2 – First I sold 500 units and then I bought 500 units of Stock A. Lets give them name as Trade2 (S) and Trade3 (B) respectively.
Question: How trade will get settled. I got two answers upon calling zerodha support number.
Ans1 – Trade2 abd Trade3 will get settled (part of Intraday trades, P&L will be calculated), and nothing will happen to Trade1 (means 500 units will remain in account at same price as it was).
Ans2 – Trade1 and Trade2 get settled (according to FIFO). Means existing 500 units gets sold (P&L is calculated). Trade 3 (B) will get credited in demat account (as part of delivery). After that 500 units of Trade3 will reflect in account with new Avg price on which they were bought.
I am confused. Please help.
1 is correct. Trades made on day 2 – trade2 & trade3 will get knocked off and trade1 will result in delivery.
I am a zerodha client & i have purchased(CNC) 2 different companies shares on 29.8.17 and same was reflecting in positions (T day) and next day in holdings as T1 after third day onwards my holdings got disappeared, issue raised to support@zerodha ,ticket still open, no response, call to customer care daily basis, nobody is telling what is the issue, as I\’m a new bee, lost mental Peace, zerodha sucks!
Apologies for the inconvenience caused, Shivappa. I guess this has been escalated and your ticket will be closed with a proper explanation today.
hi,
What if Stock buy under CNC and sell same day. What will be the charges/penalty
what if stock buy under CNC and want to sell very next day/T+1 day. What is the procedure. (stock not shown in holdings) how to sell. what will be the charges
Thanks
It will be considered as an intraday trade. If you sell it the next day, it will be considered a BTST trade….for this simply select the stock and sell the same number of qty under CNC. Charges would be 20 per executed order.
Hii,
I have a confusion regarding Intraday. As i know if i want to buy shares on Intraday we only have to pay 10% of the total amount.
So if I buy 1000 shares (per share costing 100rs) which equals to Rs 100000, so then I have to only pay 10000rs at the begining.
So I want to know do I need to have Rs 100000 in my account for this trading to process?
Thanks.
No, you only need the amount which goes into the trade.
ज़ेरोधा का CONTRCT नोट्स चोर हाय का्य ? प्रॉफिट लोस पहिले डे का बालंस नहीं बताता हाय ओंर प्रॉफिट लोस रोंग करता हाय
Sorry, my Hindi is quite bad 🙂
How will zerodha settle the bonus share.
If for eg I am holding a x Company share and the comapny declare the bonus, will the bonus share be credited on the ex date or not.
The bonus will be credited to your DEMAt account as soon the company issuing the bonus shares credits them.
If during the ex bonus date, the shares were in holdings but in T+1, will exchange consider the same for bonus.
Yup.
Dear Kartik,
When can we expect the Reliance bonus share to be credited in our demand ac in kite.
what are the hidden charges of zerodha ?
None, all our charges are mentioned here – https://zerodha.com/charges
what is the charges of auto intraday square off ? and on what basis it is charged ?
is auto square off charge and \’Call and Trade Charges \’ same on the ledger ?
if it flat 20 the why it is showing ₹23.60 on the legder ? please help
Yup, that would be call and trade charge along with GST on brokerage and transaction charges. Check this – https://zerodha.com/charges
Can I buy penny stocks in zerodha on delivery basis for example lanco (0.75 p), SPYL (0.25p)
Yes, you can.
Thank you for responding.
I need to ask you one more thing,
Plz tell me how far my strategy works in real time trading.
If I buy shares of KSS Limited whose current price is 10paise on delivery basis for 10,000/- INR (i.e 1,00,000 shares). Knowing the stock price varies continually at 0.05 ps for every 10 to 15 minutes throughout the day and every day.
Now is it possible to sell my shares at 0.15 p and make a profit of 5000/-.
I think this belongs to T2T, which means you need to take compulsory delivery of the stock. The biggest risk in such trades is getting caught with zero liquidity, which means no buyers and sellers for your transaction.
Thank you Karthik
Cheers!
Dear sir,
I would like to know, i bought a share of 500 in CNC which is costing around 45rupees. Later i saw the price moved up and decided to sell it after 2weeks. I gave a sell order for 500 quantity for 49rupees. But what it did is only 1 share was sold. Same happened next day.
So is zerodha going to get dp charges for every day?
From the above situation i got a profit of say 4 rupees. So first day 4 rupees second day 4 rupees.
DP charges will be 15+15 30 rupees. So i lost around 26 rupees.
May i know how to stop this above issue. Which really happened to me in BSE stock company name is prithvi and stock price was 34. please suggest me what to do?
Yes, DP charge is the same irrespective of the quantity. You cannot really avoid these charges.
For Module 5 and Module 9 download PDF option not available .Please do that also .Thanks
I\’m aware. Module 5 will be available next week…and 9 once the module is complete.
I bought shares on 16 Aug 2017 and then 17 the was settlement holiday,, what date should I expect to sell my shares?
Also I was able to see my shares on zerodha back office till 21 Aug but not shares are not visible… Is this normal
Kindly reply
You should be able to see the shares in your DEMAT now.
I bought some stocks in BSE and NSE using CNC on 22nd August. I wanted to check the price of the stocks (buy price) on 23rd August. I do not see anywhere.
Can you please tell me where can I find the price at which I bought the stocks?
I read that I can\’t sell the stock on T1 and its advisable to sell it at the end of T2. Do I get the intimation that I can sell the stocks irrespective of the short delivery and other issues?
I\’d suggest you load the stock in your market watch again. Further, check the holdings, you will find the stock under T1 quantity. No intimation is provided, you need to be aware of the position.
i have brought CNC AND NOW they are T1 holdings on zerodha.how can i sell???every time when i sell it got rejected…i can sell it as MIS OR CNC……???????HELP ME
Settlement time is T+2, plus 17th was a settlement holiday – https://zerodha.com/marketintel/Bulletin/433
Hi karthik
still i confused about intraday.if i buy the shares at 10:00 am and sell it after one hour. is that my whole amount is credict to my trading account?.can i use that amount for buying another share in same day. please explain. and i want to trade like buy and sell,buy and sell,buy and sell in same day with same amount. is it possible?.
Yes Suresh, you can take up multiple trades in a day.
Suppose I have a realised profit of around 1 lakh in F&O trades in Intraday on August 16, 2017. Can I transfer my profit to my bank account on the same day i.e by 7:00 pm of August 16, 2017?
Yes, you can place a withdrawal request on the same day.
Hi,
I bought few shares on 10 Aug 2017(Thursday) and i got the contract notes by the end of the day i.e 10 Aug 2017 .
Can I sell the shares on 14 th Aug (Tuesday) , in the UI Dashboard it is still showing T:1 , where as it should T:2
Thanks in advance
It should be in holdings on Aug 14th. The settlement, as you know, is on T+2 basis. Please do check tomorrow again before selling.
I would like to know if I have bought some shares of xyz some time ago (lets say 10000 rs) and now I m selling those shares and I am supposed to get 11000 rs. So my query is , can I buy shares of abc with the money I am supposed to get, on same day I sold the shares.
Yes, you can.
I am the new in trading pls help me for one question.
If I Bought one Script in delivery trade but after few hour the price is high and i want to book my profit so i can do it…..
And after some hour the price of that script also lower and hence i want to buy that scripts in delivery base so i can do….
For Example:-
On 9:30 XYZ Ltd Share Price 200/-INR I Bought It In Delivery But On 10:30 the Price Of This Share is 204/-INR So I Want To Sell It I Can Do…..
And After 12:00 The Price Also Down Around 200/- And I Buy it in Delivery so i can do it……
Yes, you can do this. They will be considered as intraday trade.
When will the bonus issued by BPCL be shown in my account?
Not sure, you will have to check with the company\’s registrar for this.
I bought some shares as CNC on monday but i sold the shares on the same day. So, is there any risk involved like you mentioned in BTST above?
No, not really as the transactions will be considered intraday.
If I buy reliance shares 100 quantity at 1000 rs, ie total 100* 1000 RS deducted for can transaction. Now on the very next day the share is trading at 980 RS so I sell 100 quantity at 980 and on the same day I again buy at 960 all transactions in can. So basically here I have made a profit of 20 * 100, but this profit is not added to my funds not the average purchase price of my reliance share which was 1000 is corrected to new average, so where this profit goes. I have done such transaction and my scrip shows old purchase price in back-office and the profit was not even added to my funds on the same day.
Your transaction on the 2nd day is considered intraday. This will not have any impact on your purchase of the previous day.
suppose i buy illiquid shares say visesh infotechs @0.15 paisa in bulk qty..what charges are applicable if i hold it in my demat account permanently..am i FORCED to sell such a shares by exchange or i can hold it number of years as per my wish..do i am suppose to pay mothly or yearly charges for holding such a stock in demat..? please solve my doubts and give additional suggestion as per your experience..
If you are buying this via Zerodha – then brokerage is 0. If you buy it via other brokers, then it really depends on the brokerage they are charging. You can hold the shares for as long as you wish.
Hi,
I\’ve a doubt in buy back, I\’ll explain my scenario. I\’ve 50 shares of xyz company in my holding which was bought long ago. Now I see that they are in profit and sold out 20 shares among them. so in my holding there are 30 shares and in my positions it will display as -20.
Now, I want to buy back those 20 shares again from my POSITION, so my holding should reflect 50 shares isn\’t it?
but, it is reflecting 20 in my HOLDING. Could you please help me on understanding whether I\’m wrong or there could be a discrepancy in the no. of shares it\’s displaying.
When you sell the shares from holdings, the shares are marked out from your demat account and hence it will show as -20 in your positions page. If you buy these shares again, then 20 will show as T1 quantity the next day and will eventually show up in your holdings on T+2 day basis.
Correction to what Karthik\’s said: When you\’ve sold 20 of the 50 shares, your position would show -20. If you buy it back during the day, it would become an Intraday trade and your holding of 50 would remain intact.
Hello Karthik, If I have TECHM in my demat account from last one month and I sold the share on Monday.Again,I bought TECHM (same quantity) on tuesday.My question is still I have to pay DP charges???
Yes, DP charge is applicable as and when you sell shares from your DEMAT.
Hi, If I buy a share of particular company using CNC mode today i.e. on 17th July 2017 and Sell it on same day i.e today i.e. on 17th July 2017, then it will become Intraday. then again if I buy shares of tht same company today i.e. on 17th July 2017 using CNC option and if I dont sell it today.
will my second-time purchase of same company today considered as Intraday or CNC?
It will be considered CNC and you will get delivery of the shares. The same will reflect in your DEMAT on a T+2 basis.
I have had 30 shares of CDSL @403.32/share , now shares have been blocked, brokers said it will take 2 days to reflect in your account.
the price is going down and down, i wanted to sell those share today, what will be the result. Will i have to sell at current rate(which results loss)
It takes 2 days from the day of purchase for the shares to reflect in your demat account. You will have to just wait, no other way around.
ok, but what will be the result, will i do get minimum investment or as per current rate (as share is going down)??
Really depends on the share price at the point at which you decide to square off.
N i had bought it on Tuesday, i had kept it for delivery (hold price Rs.403/share) but unfortunately it is not showing in my account since it hit lower circuit.
now the question is, can i get minimum investment once it is visible in my account b\’coz share is going down continuously ?
It should show up in under holdings, stock hitting circuit has nothing to do with this. Can you please recheck again under holdings?
My friend bought some BPCL shares through Zerodha on 12 July and the next day bonus share was issued The ex bonus date is 13 and record date is 15, will he get the bonus shares?
Yes, because of he bought on 12th he would be considered as share holder on 14th, which is a day before the record date…so he will get the bonus shares.
how long will it take for the bonus to reflect in the account?
sir,
please explain…the definition of turnover in case of BTST.
what happens if we buy shares on monday and sell on tuesday.
if we sell on wednesday…
selling on thursday is obviously…the FULL SALE…value of sold shares.
thanking you
If there is liquidity, then the shares bought on Monday can easily be sold on Tuesday, else you could be in trouble. Check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
MOTIVE : WITHDRAWAL
I WANT TO ASK HOW MUCH TIME DOES IT TAKE FOR OPTIONS TO GET SETTLED , SUPPOSE IF I SQUARE OFF ON SAME OR OTHER DAY CONSIDERING DATE OF SQUARE OFF – 20TH JAN, SO WILL I BE ABLE TO WITHDRAW MY MONEY ON 20TH ONLY OR HOW DOES IT GO
AND WHICH DAYS ARE EXCEPTIONS FOR WITHDRAWALS AND TIMINGS AS WELL PLEASE. THANK YOU!
It gets settled the same day.
Hi Sir,
How to put Bracket order in equity marke.
Check this – https://www.youtube.com/watch?v=2TrYyOHA7P4&list=PLkxTRam6E2V-okv6gwQlt6dLTsn0v6CD1&t=106s&index=8
hello,
how the dp charges will be charged is it constant or varies based on share price and number of shares
what if i sell some shares of value 10rs will i be charged be charged 14rs dp charges for each share or only 14rs for all shares
DP charges is Rs.13.5/- irrespective of the quantity.
I bought some shares on Wednesday. Technically it should show t+2 in my holdings sections but it is still showing t1 is it normal or is it something to worry about?
Can you please check your holdings on Monday once please? The shares should reflect in your holdings.
Hello Sir,
If I buy a share in intraday but forgot to sell it on a same day then what will happen. Will it be sold automatically on the closing price of the particular day or do I need to pay any penalty or what.
Yes, if you have opted MIS as your order type, then yes, the position will be squared off.
Hello,
If we do not get the shares till 2 days after buying them how andpeople do intra day trading. Buying and selling the shares on a same day?
Intrday shares are settled cash wise within the day, they are not taken in for delivery at all.
when does the profits that I make by selling my holdings get credited to my trading account ? immidiately or at T+2 day ?
T+1, however, you can use the funds to buy other shares the same day.
In intraday are charges similar for both short selling and first buy then sell
Yup.
Where i can see the current value of my CNC holdings ,in z-conect it is showing more value but in kite it is showing lesser.So if i liquidate now what is the current value i can seek.
You can refer to the values in either Kite or our back office – Q. By the way, Z-Connect is our blog and not really a place to check the value of CNC holdings.
What are the other charges for buying in CNC, let say I am doing a trading in a CNC mode like Buying shares and selling on T+2 days.
as the charges will be like mentioned in https://zerodha.com/brokerage-calculator and 13 rupees for each script every time selling.
1) will their be any other outstanding charges? and where can I SEE outstanding charges?
2. are there any other hidden/govt charges which we need to pay for selling the stocks at end of year/closing the account.
3. lets say If I buy and sell on T+2 for particular stock throughout the year, will there be any other charges BECAUSE I am buying an selling from only ONE particular stock vendor?
4. In short, what I think for not to worry about charges is, if I invest 40,000 rupees and if I continue to sell entire stocks at 2% profit after T+2 day then I will be in profits only.
Please answer this 4 questions
1) No outstanding charges as such.
2) No hidden charges as such
3) N0 – each time you buy and sell, you pay charges as applicable. List of charges are here – https://zerodha.com/charges
4) Yes, you will be profitable. However, please check the charge list exact charges.
If I place BO/CO of 1000 quantity and it get executed in 5 orders for each 200 quantity..so brokerage will be charged on separate trade(200 quantity) or on whole order(1000 quantity)?
The first leg will be charged 20, but the next 5 legs will be charges 20 each – so 120 in all.
how much minimum balance and how much minimum equity delivery in dement account to buy equity
No minimum as such.
It might be a simple question. Is it possible that a market can send a match status update post trade settlement?
If so, whether the match status will be successfully applied on a settled trade or the message will be thrown to exceptional queue in the system?
Sorry, I\’m not too sure about this. What exactly do you mean by match status?
from the tutorial, I understood that if I buy a share on Monday using CNC, I shouldnt sell on Thursday to avoid penalty.
How to check in this site https://kite.zerodha.com if I had any such BTST penalities.
From now on, I assume that I should sell shares once this (T1: word goes out from quantity of shares list.
2nd question:
If I had 1 lakh and I bought 1 lakh rupee shares on mondy and sold it on thursday. can I buy other shares on thursday itself with deposited money?
Uday, shares bought on Monday will be credited to your DEMAT on Wednesday evening. So you are good to sell them on Thursday morning….all this provided there are no settlement holidays between Monday and Thursday. Yes, you can sell on Thursday and buy shares for the same amount on Thursday itself.
hi there, i want to know if my sell order does not execute , will i have to pay any charges for that order?
No, charges are applicable for executed orders only.
Hello, I had bought godrej industries at 632rs and sold it at 651 after 5 days, the qty displayed was 1, ie the shares were delivered to me, when i sold it, the positions tab in portfolio shows the qty of godrej ind to be -1, is this how it usually is or did i make any mistake?
Position tab displays the intraday trades. Please do check the holding on the next day.
Sir i have added 1000 to my zerodha account and bought Idea shares as CNC AMO yesterday. But today when market started it is showing rejected with error \”RMS:Margin Exceeds,Required:930.00, Available:0.00 for entity account-RP1485across exchange across segment across product\” also showing 0 balance in kite and 989 balance in q.zerodha.com. Why 11 rps got deducted and what did just happened?
Ankit, guess you bought shares for all 1000. I\’d suggest you speak our support to get clarity on this. Thanks.
I made a trading on 12.06.2017(monday) .I was new at this and till then did not send my POA. I could not see my holdings and my profit or loss. I sent a mail and they told me that I cannot see because I havenot sent my POA.I sent it 2 days later on Thursday by speed post.But till now I cannot see anything. can you tell me where can I see my tradings.? When can I see my holdings on my trading account?Plz instruct me .I am new at this.
Ah, you will have to contact our support for this. I wont be of much help here.
mr.k i like this very much thanks for that. i opened z acc with you. before openinig enquired for how friendly you guys at zerodha after that i entered. need little bit help for beginners like us. can i expect from you??
my next question can i get hard copy for modules i need as paid how much it cost
You can ask us any questions related to markets and trading, we will always answer provided we know the answer. In fact, we dont even ask you if you are client of ours :)…so yes, you can expect full support from us!
Unfortunately, we do not have a hard copy of this.
sir iam weak in english. so can\’t understand some words and short forms. so i asking this, if i buy 10 shares from tata motars. and the share valu is rs 450per share. then next day when i want to sell those 10 shares in that time the share value is 455 per share. so how much will i get with diducting the all charges from zeroda?
In this case you make a total profit of Rs.50, out of which roughly 10 will go towards applicable charges. You will retain about 40 Rupees. I\’d suggest you use our brokerage calculator to know about this – https://zerodha.com/brokerage-calculator
dear sir, basically iam a blind person, iam new to stock markete. so i want to learn tradings in kannada if there is any articals or books available online? or i have many of questions, can i ask here?
Sir, unfortunately I do not know of any trading books in Kannada. Please do post your questions here, and I\’ll be more than happy to respond.
i have done a equity withdrawl on friday morning and it was processed on the same day evening.
but money was not credited to my bank account and it was debited from my zerodha account.
could you please explain me in how much time it will take to credit.i haveaccount in ICICI bank.
Guess yesterday was 2nd Saturday and banks were off. Request you to check your account Monday morning.
Hi,
If I have 20k in mya trading account. While doing intraday, I use all the money (leverage i.e 20k * 20) in buy only then while exiting from that trade do I need to have balance in my trading account? Or I can exit directly ?
Please consider long or short both scenarios.
You can exit them directly. You dont need leverage to close the trades.
Hi , I have a question. What happens in the scenario below. I bought a stock X @ 50, sold @55 and again bought @56 . All in intraday, and holding the last buy. In this case what will be the charges.
In this case you will be charged 20 + 20 for the buy at 50 and sell at 55. I\’m assuming you would be doing these trades under CNC. For the buy @ 56, which I\’m assuming would be under CNC, there would be no brokerage.
HI karthik,
I am facing a problem regarding selling a share, last week i bought two shares of NMDC in CNC format and today I tried to square off my position by selling it. but, after selling the share I see that in my \’position\’ tab NMDC is in short position(it was showing that, I have short sell NMDC).
After that I buy the shares again to stop my losses but they again appears in my holding.
I called in your support center for this problem and they assured me that there are no problem happening, my stock has been sold successfully. Even I was told that share would be automatically transferred from my demat account.
but till now I have those stocks in my holding.
please help me.
When you sell shares from your DEMAT, the positions tab will reflect this as a short position. This is because the position tab is meant to show your positions for the day. So ideally, you should have left it at that and the shares would have been flushed out. However, since you bought it back, original sell and the eventual buy back resulted in an intraday trade, and your original shares in DEMAT stayed intact, hence you see the same in your holdings.
Do you recollect whom you spoke to?
Hi, I have a doubt regarding intraday trading. You said the stocks comes in the demat account on T+3 day. But if I do a NRML or MIS trade will there still be risk bcz of not having the stocks in demat. I read the previous comments and you said MIS and NRML trades are settled same day is it mean that there is no T+1 and T+2 day involved in NRML and MIS orders and hence the risk is associated only when my buy order is CNC and still I sell the stocks before they have reached to my account?
If you buy stocks today, then the stocks will hit your DEMAT on T+2 basis, not T+3. If I\’ve stated T+3, then please do ignore that. MIS orders are intraday trades and will be squared off by EOD. However, the risk of shorting in MIS is getting a bad delivery. Please do read more about it here – https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
Thank you for replying, but i was not asking about shorting the stocks. Actually I was talking about this,
\”The day after you made the transaction is called the T+1 day. On T+1 day you can sell the stock that you purchased the previous day. If you do so, you are basically doing a quick trade called “Buy Today, Sell Tomorrow” (BTST) or “Acquire Today, Sell Tomorrow” (ATST). Remember the stock is not in your DEMAT account yet. Hence, there is a risk involved, and you could be in trouble for selling a stock that you don’t really own. This doesn’t mean, every time you do a BTST trade you end up in trouble, but it does once in a way especially when you trade B group and illiquid stocks. The reason why this happens is a little convoluted, and we deliberately will not touch this topic now.\”
Is this thing applicable to Intraday. What does squaring off position really means, is it like when we do MIS order the whole process of transferring the shares from another persons demat account to my demat does not because at last the position is going to be squared off by EOD?
If I am still not clear I can elaborate.
Squaring off a position means that you are closing or netting off an existent position. For example I have bought 100 shares of Infosys, squaring off this position means I sell the existing 100 shares of Infy. So, when you do intraday (by means of MIS orders), you are squaring off all your positions and getting out of market, so there is no risk as such.
Thanks a lot, doubt is clear now. The content is wonderful!
Happy learning!
The shares which I purchased 4 days back are still not reflecting into my account… What could be the reason???
Was it 4 working days? There were no settlement holiday in the recent past. I\’m guessing, there was some issue with short delivery or something. Suggest you give a call and confirm the same.
dear sir !
1. DOES THE BROKERAGE CALCULATOR CALCULATE THE BROKERAGE INCLUDING MARGINAL TRADING CHARGES FOR MIS?
2. WHAT IS PAY IN / PAYOUT IN CONTRACT NOTE . IT WILL BE A GREAT HELP IF U CAN ELABORATE HOW TO KNOW WHETHER MONEY IS BEING CREDITED TO ME OR DEBITED FROM ME?
REGARDS
you are saying if i buy a stock today i can sell it on T+2 day or T+n day where n>3 , but then what is intra day trading , this really confuses everything
You can basically do 3 types of trade –
1) Intraday – where you buy and sell during the day and do not take any positions overnight. For such trades, T+2 is not applicable.
2) Delivery trades – You buy positions with an expectation of holding the position for few days. In such a situation, you need to wait for T+2 for the stocks to hit your DEMAT
3) F&O – These are in futures and options, no need to worry about T+2
Sir today I bought shares of Sintex Ind. will I be eligible for getting Sintex plast shares?
No, I dont think so Uday. I need to check this myself. The demerger scheme is already through I guess.
dear mr kartik ,
on daily basis its easy to calculate your profits using the zerodha calculator , but overa period of time its not possible
is there a way to calculate
As in? Can you please elaborate this a bit ?
Dear mr kartik
pl help me resolve this
P/l for individual stocks vary according to the trade ie intraday , short term etc
now that i was able to calculate with the help of the balance sheet of that year
till a few days back office was giving us this years balance sheet also , but it has stopped now ,
pl let me know now without that balance sheet how do i calculate the exact profits
regards
anil bhasein
Balance Sheet? Which balance sheet are you referring to here?
tax p/l for 17/18.
this gave me exacly how much profit i made on intraday and short term
I applied for some shares. but failed to transfer funds on the same day. i added funds on T+2 day. Will my purchase go through?
You will need to check with your broker for this. At Zerodha, you will need the full amount before you can punch a delivery order.
Hi Karthik,
If the price of a share is rs 100 on T day (when I place the buy order) and rs 102 on t+2 day (when stock comes into my DEMAT account),
what is the buying price for this transaction.
It will be the price at which you bought the share, 100 in this case.
If I have bought share via cnc, and selling on same day….Will that sell oder execute.? I mean I don\’t have any share in my demat account. Will there be any problem.? You have said one should avoid to sell on T +1 day.
Yes, you can. Not a problem. However, make sure you are not doing this on stocks in \’BE/BZ\’segment (NSE) \’T, XT, Z\’on BSE…also referred to as \’Trade to Trade\’ segment. Stocks which fall under this category has to be taken in for delivery. You cannot do intraday trade on them.
I bought sahres on the day divident was declared , but i have not recived the divident in my back account. can you help me
You will need to wait till the dividend is paid out, which can be few days after the announcement.
I bought spicejet share around 74/share on March.i am trying sell this at 104/sh on 20 Apr 17.when I choose exit in holdings rab.then stock moved to position tab.by mistake again i click sell then again click buy in positions tab.sell(holdings)-sell(positions)-buy(osition).i wants to know whether spicejet shares are credited/debited from my account?all transactions are made through cnc
Can you please call our support and ask them to take a quick look?
Hi
Recently my HINDZINC dividend was credites to trading account instead of my bank account.
All dividends are credited to the bank account linked to your DEMAT.
But mine was credited to trading account.
When i mailed to support team they said if shares are sold on ex-dividend date dividend will be credited to trading account only.
When i asked for document supporting their claim no reply yet.
Yes, if you sell stocks on ex-date, then stock is debited for payin and kept in the pool. Company pays us the dividend, which in turn is credited to your trading account.
Is this process common to all brokers or specific to zerodha only?
Also how the tax obligations be calculated?
Yes, it is. Taxation is really dependent on your overall tax status. You may want to check this module on taxation – http://zerodha.com/varsity/module/markets-and-taxation/
When i sold shares which i am already having in my DEMAT account the same will show with negative number in positions. I know that there is provision for exit this order if i wish.
My question is that, after exit of above said position, am I subjected to possible Loss or Profit ??
I\’m not able to understand your question completely. However, your P&L really depends on your entry and exit price.
When do we need to make payment for the equity that is bought? Is it T+1 / T+2 or any other date?
Or is it that we need to maintain balances and we can purchase the stock only to the extent of balances available?
You need cash at the time of purchase, which means to say your trading account should have the money.
\”If traders are looking to convert intraday positions to delivery, you need to keep in mind that STT (Securities Transaction Tax) will go up almost 10 times if you decide to keep your intraday positions overnight.\”
can u explain this. Is this the same charge as buying cnc on monday and selling the same on tuesday. If i convert intraday position to cnc will there be any hidden charge. or is it the same as a normal cnc trade done after that day.
Well, it delivery STT is certainly much higher, but this should not prevent you from entering into a trade that you think is going to be profitable. Do check out our brokerage calculator to get clarity on all applicable charges – https://zerodha.com/brokerage-calculator
How do I sell a share in BSE which is bought in NSE (for price gain)?
When you are selling please select BSE as your exchange.
I purchased some shares valued 11770 Rs on 6th April..So that shares should be reflect in my account by 10 April…But today is 11th April and that share not display in my positions…What I have to do???
I\’m assuming you are trading with Zerodha. Please do check your holdings once, otherwise please do contact our customer service.
Qty is showing in minus(-), what that mean for intraday trading
Shares are debited from DEMAT.
If I purchased the stock using CNC, can I sold the stock on same day?
Yup.
Hi Karthik,
Greetings!!
It will be great if you can provide some detailed explanation on the back office related activities that undergoes during a trade. Will be glad if you could share your mail ID so that I can directly let you know what I am seeking.
Regards,
Mohit, the backoffice operation should not really matter much to a regular trader. For this reason, we stayed away from discussing this. If you have any specific question, please do feel free to post it here.
Karthik, reason i am asking is because I work in an area wherein we build custody solutions for banks. If you don\’t mind, I would like to understand the complete trade cycle better. It will be great if it could be explained through a practical example. Will be able to relate the scenario better.
Regards,
Sure, I\’ll try and do a documentation on this. But unfortunately, I wont be able to commit a timeline 🙂
No problem Karthik. Please take your time and just let me know whenever you are done. You can mail me at [email protected].
Regards,
Cheers!
Sir what happens if i fail to sell the intraday shares on the same day
If you have shorted the shares and forget to buy back, then you will be in trouble. Check this – http://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
KARTHIK SIR,
BROKERAGE means ALL…..( STT /CTT + TTC + SEBI + STAMP DUTY + SERVICE TAX + SWACHCH BHARAT CESS + DP charges ).
So…….besides all these charges…..Is there ….ANY OTHER CHARGES to USE THAT Rs ONE LAKH for…..till T 2 days
thanks
These brokerage details are clear to us as explained very clearly.
The charges are as mentioned on the brokerage calculator, I\’ve shared the link for the same in my previous comment.
THANK YOU KARTHIK SIR, for your PROMPT REPLY
BUT….MY QUESTION still remains unanswered
sir,
I was asking that on SALE OF Rs ONE LAKH WORTH SHARES from my HOLDINGS ( T 3 ).
I SEE that INSTANTLY Rs ONE LAKH STARTS SHOWING IN MY ACCOUNT BALANCE.
So…if I START USING THESE FUNDS TO BUY SOME OTHER SHARES WORTH ONE LAKH RUPEES .
THEN………\”\” BESIDES YOUR BROKERAGE \”\”………is there……\”\” ANY OTHER CHARGES \”\” to use these FUNDS instantly.
BECAUSE…I UNDERSTAND THAT ZERODHA will get THESE FUNDS FROM EXCHANGE…..only on…..T 2.day.
please clarify …so that I can go ahead FULL STEAM doing the TRADING
thanking you,
TUSHAR MODY
Yes Tushar, you can purchase for the amount you sold. My previous reply still holds good.
Sir,I want to know that if I buy any share in cnc and sell same day after increase in price then when will profit reflect in my account?
Yes, it will. Use this calculator to get an estimate of how much you will profit – https://zerodha.com/brokerage-calculator
Sir,
I do only CASH buy and SELL….for the time being
NOW…assuming that I have no money in by BALANCE….
I sell shares worth Rs 1,00,000 ( Rs one lakh ) from my holdings.( after T3 )
I can see that INSTANTLY on completion of SALE….Rs one lakh.. starts showing in my ACCOUNT BALANCE.
My question is.. .if I Immediately buy SOME OTHER SHARES….worth about Rs one lakh including statutary charges.
Then…is there any CHARGES.. which will be applicable by zerodha ..to use this Rs one lakh
Sinxe I understand that. YOU as a broker will get this SALE PROCEEDS.. ..only after T2 days.
please explain the charges if applicable.
Also, please share any link where this point is discussed
I do not have ANY PLEDGED SHARES.
thanking you
tushar mody
Ideally if you have 1lakh in your account, you should buy shares for an amount slightly lesser than for 1L. For example for say 99,875 and buffer some money for other STT and other charges. These charges wont be more than 110 if you are trading with us. Remember, Zerodha does not charge you a brokerage for EQ deliver trades. You can use our brokerage calculator to know the exact charges- https://zerodha.com/brokerage-calculator
What will happen if i do BTSL Trade?
Check this – http://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
Does stock settle in our demat account in intraday trade?
No, it happens on T+2 basis.
Does it mean there will be no record of intraday trade in our demat account?
Yup, intraday trades are settled during the day, does not effect anything else.
demat account balance =10k
can i buy the shares worth 10k , sell them for 11k and again buy other shares worth 11k on the same day ? is it possible ? it should not be possible as it takes t+2 for delivery .so we will be needing an account balance of 21k for doing the total mentioned trade…..please correct me if i am wrong
It is possible. You need not have 21k.
Also consider brokerage and taxes.
thanks for the reply…for calculation sake i ignored brokerage and taxes…can you please explain in detail how is it possible??
Yes, it is possible. You can sell your shares and at the same day use the proceeds of the trade to transact something else.
What is the advantage of demat account over trading account.
Also let me know if I hold shares without demat account , is there any additional charges.
Please explain DP Charges
A DEMAT account is like a bank account. Just like how a bank account holds your cash, the DEMAT account holds your shares (in digital format). In order to buy the shares in your DEMAT account, you will need a trading account.
DP charges are similar to bank charges. The rates are as below –
Rs 8 (Zerodha) plus Rs. 5.5 (CDSL) (applicable only when you are selling your Delivery position after having held for more than two days). (Market rates are usually between Rs 12 to Rs 25) STT, Service Tax, NSE Turnover and Transaction Charges, SEBI charges are all as applicable market-wide.
what about the day traders who buy and sell the shares in a single day, according to u they wont be able to sell shares before T+2 day.
Intraday trades are settled in cash at the end of day. If you intend to take delivery of shares, then one has to wait for T+2 days.
thanks karthik
Welcome!
dear sir
1. what will happen if i did not do square off on the same .
2. Does i have to pay more money to get re diff from this situation
3. Does zerodha have auto square off option .
4. Does next day stock comes into my demat account , if i did not square off the stock same day .
1) Depends on the context – if you are talking about F&O, then it will be sq off by exchange on expiry day
2) No
3) Intraday MIS orders are squared off by us
4) It will proceed to hit your DEMAT account
Suppose I bought shares today. You have already charged as shown in table. If sell the shares a month after will there be any charge then?
Yes, the charges are as shown here – https://zerodha.com/charges
I was having 53 shares in my Zerodha account for around 20 days,
I sold all 53 shares & then bought same 57 shares on same day
Yesterday it was showing 57 shares holdings but today m able to see only 4 shares in my Zerodha account.
Why this is so??
can you please refresh your browser and check again? If you notice less shares, please get in touch with our support executives for clarification.
please answer my query
Naveen, I think you are placing your query in the wrong field. Anyway, if you sell the shares today, you can use the funds the same day for further purchases.
HI, I\’m new to Zerodha. I did few intraday trades(MIS) today. Now end of the day profit earned is shown in \’margin used\’ as negative value. My total account value is not reflected with my profit. Why??
The right value will be updated by EOD.
If I sell equity stocks today, when can I transfer the funds to my bank?
The very next day…i.e T+2 ….sometime during noon on T+2, it will show up as clear balance and you can place a withdrawal request.We will process the request the same day and the funds will hit your account the next day..i.e on T+3 morning.
I have just one doubt,if I buy shares on CNC and on the same day I sell them,will I have to pay for the DP charges?
No, DP charges are applicable when the shares are debited from your DEMAT account. Since its an intraday order, the shares will never hit your demat, hence no DP charges.
HII please explain about stt charges..i had a delivery trade in city united bank for buy 14500 and sell 14800 total turnover is 29300 and they charged stt 60 it was a btst trade.the charges should be 29.3 bbut it got charged rupees 660..i am new to the trade and this much charge please explain
Check the description here – https://zerodha.com/charges
Hi, is there any limits on how many trades i can do per day for both intraday & delivery.
No, there is no such limit.
If we make an intraday trade how long will it take for the money to hit our trading account. Or does it have the same procedure as T+2 or does the money gets credited on the same day as the intraday trade
P&L for your intraday trades are credited/debited by end of day.
I want to know the details of day bill
What happens when no body is willing to sell shares and company has already issued max. shares….Then how can we get shares
If I buy shares under CNC mode & sell on the same day then for calculating profit which brokerage calculator applies
Intraday margin!
Hi Sir,
If I have purchased share on ex -bonus date like 30th Dec 2016 and record date is 02nd January 2017. Then, am I eligible for get bonus share??
Please explain….
No, you would not. To be eligible for bonus shares, you need to be shareholder before the record date.Check this chapter for more clarity – http://zerodha.com/varsity/chapter/five-corporate-actions-and-its-impact-on-stock-prices/
can i sell share on t+2 day?
Yes, you can.
Where can i see the db charges in statement? i\’m using kite and q.zerodha.com
Check the ledger entries in Q.
Sir, I have 50 shares of unitech ltd.. I try to sell the shares.. But still it not reduced from my holdings.. Its been more than 20 days…. My holdings still have 50 shares and my fund is also not credited.. I m new to share market.. I don\’t know what to do.. Pls help me..
Are you sure you are selling from CNC? I\’d suggest you speak to the support executive soon.
sir, taking this situation i had a holding of 100 shares of x which i feel will be going down so i short it at let price 50 and again brought on same day at 45, so in this case brokerage will be based on intraday or delivery ? and at eod will the shares again comes in my holding or it will show T:100?
Really depends on which product type you have traded in. If you doing intraday, its best you stick to MIS, especially in cases where you have the same share in DEMAT.
Hi Karthik,
I have a clarification, which i require from your end. I recently sold some shares of a company which had announced a bonus issue on the ex-date. Does zerodha debit my DP account on the same day, and transfer to a pool account, before giving settlement. If so this would deprive me from credit of bonus shares shares.
I have come to this conclusion after a detailed discussion with the Registrar and Company Secretary at the said company. And the CS has suggested that some brokers do follow this procedure.
Below is an excerpt of my conversation
\”Some brokers have the tendency to debit the account on same day (Ex -date) and kept the share in their poll account and transfer later on to the buyer.\”
Your inputs in this regard would be highly appreciated.
Thanks and Regards
Prasanna
I bought Mandhana industries shares.After that demerge hsppened.I got message from zerodha that shares are credit.where can i see those shares?
Check your holdings statement in your back office, please.
In the backoffice i cannot able to see those shares.But i got sms only.
Suggest you speak/email our support team. Thanks.
If I am holding 10 stocks of Infy on T+1 day and if I decide to buy and sell the stocks 3-4 times on that day(due to lack of margin to buy a fresh lot to trade) to profit from price volatility(ensuring that I buy back all 10 shares before end of day), do I run a risk of BTST auction?
No, cause you would have bought the 10 stocks the previous day on CNC basis and on T+1 you would most probably doing MIS/BO/CO.
hi sir,
i bought 15 share of comapny x in CNC at 100rs and sold at 106rs after 1 hour.Again the price of x came to 98 after 1hour and again i bought 15 shares at 98 on the same day in CNC .But in my holdings it shown as i bought them at 100rs.can you please explain sir?
Not sure, it should be 98. Will get back to you on this. Thanks.
is it rule that u will only get share after t+2 day suppose if shares are available (like in intra day ) cant i get share in trading day ? or t+1 day??
Gautam, that is the settlement timeline for delivery trades 🙂
In the case suppose i short the stocks in intra day and no one buy in the end of the day . ,what would be happen then??
Your stocks would be auctioned, check this – http://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
I made intraday profits. But that profit amount is excluded from withdrawable balance. Why is it so?
Can you try this at EOD?
Hi Kartik
I\’m confused about the EOD payment
Suppose I have 5000rs in my account. I buy shares worth 1000rs (MIS) at 10.00, and sell them at 1100rs at 10.30
so after selling, for the remaining of the day, will I have 4000rs remaining to trade with, or 5100?
5100.
Thank you.
Hi Karthik
I had transferred Rs 10,000 from my bank to Trading account. However the funds in pi show Rs 9989/-. What is Rs 11 charged for?
I havent placed any trade yet.
Fund transfer charges. Check our charge list – https://zerodha.com/charges
Sir, Please let me know whether fund transfer from bank account to trading account or from trading account to bank account are chargeable by all the brokers or by Zerodha only.
The charges are applicable by banks/payment gateways and not really by brokers.
You said it usually takes T+3 days to get stocks reflected into the demat account. Do we get any notification or email when we get stocks into the demat account. Or is there any way to check stocks in the demat account?
You get a notification on the day of the trade, but not when the shares hit your demat account. Best way is to check your account on T+3.
HI,
My question is , If I buy share as CNC, my ideal point to sell it is –
– On same day (then it will be considered intraday? MIS?)
-or, if didnt sell on same day, then only after T+2. i.e T+3 ??
Am i right ? Ideally, a share holded till end of day should be carried forward for two more days until u can sell.?
Yes, you are. Its best you use CNC when you intend to buy shares and hold the same for delivery. For inraday you should be looking at MIS.
sir I am beggginer I had transferred 1500 in my account it showed 1500 total and cash value….after that I purchased and sold shares i didn\’t sell any share in loss….now it showing margin value 1400 free cash 1473 , total value 42 and margin used – 1435 sir i want to know why did it happen and why fund didn\’t transfer in my total value…..plz help
Suggest you call/write to our support for this query.
what if i have 10000 rupees and have purchased 110 shares of reliance using the leverage option and have not sold the shares though i was in profit at EOD
Then it will be automatically squared off by your broker.
I buy 100 shares on CNC at one transactions, the same day sell 100 shares (square off) executed different transactions , how much brokerage charge will come?
You can use this if you are trading with Zerodha – https://zerodha.com/brokerage-calculator
you didnt mention how settlement is cleared in intraday. while trading i earned Rs.75. But EOD, Rs. 133 is deducted from my account. please explain
Intra day settlement is quite straightforward. Suppose you buy 200 shares at 50 and sell the same at 52, then you make 2*200 = 400. Out of this you deduct brokerage and other charges and the balance is what you take home. You can use Zerodha\’s brokerage calculator to get the exact breakdown of charges – https://zerodha.com/brokerage-calculator
By the way, Which broker are you trading with ?
Just one small doubt, since shares are added to my account on T + 2 day, why have you mentioned that I can sell only on T + 3 day?
What if I wish to square off on T + 2 day?
I don\’t understand why there is T+2 time for settlement. It\’s just a electronic transfer no real work is required.
What\’s the risk in case of BTST, I would like to carry out these trades, previously I thought it\’s not possible.
Some of the process happen on the EOD basis, which takes time. Hence T+2.
What about BTST trades what\’s the risk factor in them as you mentioned?
There is always risk of auction in BTST, check this – http://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
I have bought a share on 24/05 after 3 days I see its sold out. But I didn\’t sell it. Why is this happened?
Did you sell using \’CNC\’ as your product type?
I didn\’t sell.
Suggest you speak to the support for this.
I am purchasing X shares of a company today morning say for short term but thought of selling all X today only before market closes. How will be the money transaction. If i am earning a profit of say Y, will it be credited to my account on same day or it will require T +2 Days. Like this can i do multiple trades in a day? While purchasing share i am not choosing intraday option for which i have to square of before market closure.
Yes, you can do this as long as the stock is allowed for intraday trading. Yes you can do as many trades as you wish. I\’d suggest you keep \’MIS\’ as your default option while trading intraday.
What is retention of funds and securities statement. Assume I subscribe to an OFS while having no funds in my trading account, the shares are allotted to me, however I haven\’t brought the funds yet in my account? What will happen in this scenario?
Rention statement is explained here – http://tradingqna.com/1760/what-is-retention-statement
You need to have funds beforehand, else you wont be able to participate in OFS.
Why is the brokerage not rs.0 shown in the figure when you buy a lot or iis the intraday brokerage?
We made the brokerage zero much after writing this chapter. I\’d suggest you refer to this for the latest information – https://zerodha.com/charge-list
I purchased 100 share on Monday, on Wednesday(T+2) morning i saw shares in my T1 holding. i sold them. But zerodha charged me DP charges. I need clarification on this, why they charges me.
Thats because the shares will hit your Demat on T+2 and further it gets debited from your DEMAT account. Hence DP charges are applicable.
If suppose xyz companies share price gets down and I purchased it and want to sell it T-2 day, but on T-1 day it\’s rates are gets high can I sell it ?
If the stock is allowed for BTST you can sell it the next day otherwise you cannot.I would suggest you read this before attempting BTST – http://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
Hi Karthik,
One more small doubt. The dividend amount is credited at which account? Trading account or Bank Account?
Thanks in advance.
Bank account.
Hi karthick,
I\’ve one query about the highlighted red box on the pi chart in below shown image. What is the means of the followings?
(i) Normal Market Close End
(ii) Spot Market Close
(iii) Call Auction 1 Market Close
(iv) Auction Market Close
(v) Call Auction 2 Market Close
(vi) OddLot Market Close
And in MCX also the followings:
(i) Normal Market Close
(ii) Special Market Close
(iii) Auction Buy In Market Close
(iv) Acution Sell Out Market Close
(v) Trading Buy In Market Close
(vi) Trading Sell Out Market Close
Then, CDS,NFO, BFO, BSE also contain the slightly different names.
What’s the actual use and means? Please clarify my doubts.
Saravana – can you please call our support executives for queries related to Pi?
Hi Karthik,
1. How to do I execute the order of short deliver trading (“CNC”?!!!) based on SLBS (Securities Lending and Borrowing Scheme) and what is the charges levies for this?
2. I know that, we can convert the product type “MIS” to CNC. Then, could I convert to “CNC” to “MIS” also?
3. If the opportunity arise after my execution of the stock in “CNC” product type. Then, I keen to sell and book the profit. In this case, I put sell order as “CNC” otherwise convert my buy order to “MIS” and then put sell order as “MIS”.
4. If I’ve Rs.22,560 in my trading account balance. I’ve buy the xyz stock @Rs.96 quantity of 120
(96*120 = (Margin Used) Rs.11,520 [Free Cash Balance = Rs.11,040]) in “CNC” product type at Monday (29/02/2016 10:50 AM). Then, I’ve sell the xyz stock @120 quantity of 120 (120*120 = (Margin Used) Rs.14,400 [Free Cash Balance = Rs.11,040]) at Thursday after deliver (03/03/2016 12:25 PM). Then, Could I use the actual capital of buying stock amount Rs.11,520 (except profit Rs.2,880) for another trade on the same day after sell the stock in few minutes/seconds.
[I think, the profit amount Rs.2,880 use only after credit my trade account (T+2 Days). Am i right?]
And Because, I read on z-connect in margin policy article. The below statement is shown on there.
“This credit is available for you to trade intraday, but there might be a short margin penalty applicable if you carry forward positions using this non-realized profit.”
Short margin penalty applicable on carry forward positions means. I use the Rs.11,520 for intraday only or another “CNC” trade also I use the amount on before the amount credit to my trading account.
5. I understand below thing. When, I notice the point on the Q-Back office. The first one is Available Balance & Withdrawal Balance.
(i) Available Balance is shown as instantly if I sell or square off the Stock/F&O contract.
(ii) Withdrawal Balance is only updated based on T+1 (MIS/NRML) or T+2 (CNC). it’s depend upon the product type.
The above statement is correct. Please clarify my doubts.
Thanks in advance karthik.
1) All about SLBS – http://www.nseindia.com/products/content/equities/slbs/slbs.htm
2) Yes you can
3) If you have bought as CNC, sell it as CNC – as long as its done intraday, no need to worry about it
4) Yes, as soon as you sell, the entire sell value (including your profits) can be used to trading immediately. You will get this margin benefit right away. However I would suggest you cross check with our support executives once.
5) For queries related to Q – you need to contact ours support executive.
Is there any message support from Zerodha, for intraday traders while market is open? And another question is I am an engineer working at one company so in day I will not able to trade in intraday with fully concentration , so is there any market is open in night so I can trade in that ?
If you are referring to intraday tips etc, no we do not have one. Although this is something that you maybe interested in – http://opentrade.in/
For trading during the nights, you should check out the Commodities market.
The opentarde is stopped now from 25th April 18. please suggest some other options, if any.
if suppose i buy one xyz company share in intraday can i cell it on nest day?
You can do a BTST trade if the scrip is permitted for BTST, otherwise you cannot.
What is I sell share on T+1 and T+2 day, does DP Charges (Rs. 15 per script) is applicable?
Whenever shares are sold from your DP, the charges are applicable.
But on T1 and T2 day,will those shares be reflected in the DP account?
It will be credited to your account by EOD T2.
I think it would be a very useful feature if we like and dislike comments. This would help good questions to be visible at the top and would also give people good questions to think about. This would also prevent users to ask the same questions. An option to sort the comments would also be great.
Correct. people now a days hate reading , at least the same repetitive as its boring so make something new or categorize the importance at star/top and the rest at bottom so people wont waste their time reading the same thing again and again and you can also direct them to correct page or give the answer in one shot to the all repetitive questions.
Why does it take two days to complete the whole transaction?
The transaction is completely electronical and hence it can happen in a few seconds. So, there must be a reason why our exchanges follow the T+2 format. What are the benefits of the system that we follow?
All trades are cleared at a broker level by end of day, and the broker assigns this to the end client. Besides there is another process of debiting/crediting the DP account at CDSL or NSDL..also its not just the exchanges involved – exchanges, DP, clearing houses, brokers etc. Hence some delay!
You\’d pay only Rs. 14 as your DP charges because you\’re selling them on one day. If you sold these on two different days, you\’d be paying DP charges for two different days.
If you sold two different scrips on the same day, you\’d pay Rs. 14 x 2 (scrips) as your DP charges.
If I sell 50 shares in the morning and 50 shares in the afternoon of the same company, what wud be the DP charges deducted. Is it 14 or 28?
Since it\’s charged on per scrip basis, it would be 14.
When is the 14 rs for DP charges incurred for Equity delivery (only during the sell trade?) .
Does this go from the trading account or from the profit ? If sold at a loss what happens then ?
Why is it not reflected in Brokerage calculator as it should be standard charge (or does it vary time to time ?)
Yes, you\’re right about this. Rs. 14 is charged only when you sell from your DP. The Rs. 14 is broken down as (Rs. 8 Zerodha, Rs. 5.5 CDSL and the rest as tax). All charges are debited directly from your trading account after T+2 settlement.
The reason it\’s not included in the brokerage calculator is because it is charged per scrip, not per trade. We have this information displayed on our detailed charge list available here: http://www.zerodha.com/charge-list
Thanks HANAN
But since I m new to trading , i would like to clarify the charges incurred for the following
I buy 100 shares of X company (CNC) at ten different transactions/days(i.e each day i buy 10 shares for 10 days)
Later say after 6 months, I sell 100 shares in single transaction .
How much would i pay as DP charges?
I put 5000 in zerodha to trade.used 3177.25 for trading (profit,loss, holding, brokerages everything included)but remaining account value and margin available shows only 1741.34.where is the remaining 81.41 RS.can anybody give an explanation for this? Do Zerodha charge for providing leverage.even then I have done small trades only,not used leverage.the only other thing I have done is converted position from intraday to CNC. And I think DP charges is applicable only when a I sell from demat account.explain please..
Request you to please get in touch with our support for this, thanks.
If I own a demat account, should I must do intraday? is it cumpolsary to sell the shares I bought on the very same day before 3pm, if it is intraday?
No, there is no compulsion for you to sell the shares the same day. You can choose to hold it for as long as you wish in your DEMAT account.
hi if i buy 100 shares from xyz company@100 rs on delivery basis. my shares increase then sell my shares 12:00 clock. will i get whole money in my account same day?
If its on delivery basis then you will not get it. However if its on a intraday basis then you do get the profits on the same day.
HI,
I am equity trader.
Suppose 1-1-2015 monday i bought one share at 100 rupee, after buying in few minute shares goes up 200 now what amount i have to pay ??
whether it is 100 rs or 200 rs if i am playing equity
Rs.200/-
I dont understand. Why 200 and not 100 ?
didn\’t get this .
Share price is 200, you pay 200!
Shares bought on T day will not be reflected in T1 holdings or in DP holdings on T+2 day. And these shares will not be available for sale on that day…….. hope you will be able to fix that sometime.. 😀
Are you specifically referring to the settlement holiday?
what is meant by settlement value for 2015216 or 1516154, how could we know for which share settlement is this no represents ? here we could not make out the exact meaning of pending or holding shares , please make us easier to know this
Settlement Value = This is the Rupee value. For example if the settlement value is 2015216, it is Rs.2,015,216.0
Pending shares = If you have placed an order to buy 100 shares out of which you have both 30, the 70 will be pending shares
Holding shares = These are the shares present in you DEMAT account.
Please Explain this charges in detail
06/11/2017 EQ Settlement Value for 2017210 ₹174.76 0.0 ₹-174.76
Suggest you call the support for this, Vikas.
Hi Kartik,
Suppose I am starting intraday trading with 10k.
1) I bought shares for 100k using margin and sold the same after half an hour for 105k (I got very lucky :P)
Now, I have already used up the 10x leverage on my capital. Will I be able to do more trades on the same day? Or do I need to wait for the settlement EOD and can only trade next day?
Thanks,
Vishnu
Once you square off your trade your margins are unblocked and you can do another trade!
Great! I started trading with Zerodha today 🙂
I executed 2 short trades on 2 different scripts. Both the orders were executed. But, later when I tried to square off my order got rejected with a message that I don\’t have enough margin. Both the orders got squared off automatically at 3.20 and I made losses 🙁
Why was my order got rejected then? I have been trading with another full time broker and never faced such an issue.
You should not have got this message especially since you are squaring off the trade. I would suggest you speak to someone from support – +91 80 40402020.
This scenario can arise when unequal margins are used for shorting and buyback. For example shorting with cover order and buyback with limit order may cause this problem since the leverage for both case is different.
Since BO/CO are intraday orders, margins are different.
Just for the knowledge and information of other people. Sometimes this may happen due to machine error. It so happens that order may seem stuck and trader places another trade which shows confirmed. In this case opposite trade gets placed.
For example a short trade is placed and when trader tries to square off, two orders gets placed. First one is square off and second is a buy order and thus margins gets blocked and it may effect the whole trading process.
Although above may not be exact thing that happened above but if an order seems stuck one should check with admin position window for open positions and order window for confirmation of placed and executed orders. one should also place square-off orders from admin-position window and confirm with order window before trying to square off again. As this will create a fresh buy position as discussed above.
Hope it helps.
Also, check your contract notes and you will see what exactly happened.
Very true Bhaskar. I could not imagine this scenario 🙂
It is given as 100126.32 for buying shares worth 100000 ,ie Rs 126.32 additional.What about the extra charges when you sell that?Is it same as on buying?
Sreechand – you should check this for all charges applicable when you trade https://zerodha.com/brokerage-calculator
if I buy a stock of ₹20 for intra day, how much brokerage I have to pay?
20*0.0001=0.002rs
does I have to pay 1p?
Rs.20/- or 0.01% whichever is lower. You could also use our brokerage calculator – https://zerodha.com/brokerage-calculator
In the above example, 100*1000 = 100000, so the brokerage(100000*0.0001 = 10Rs) should be Rs10 only then why its charged as 20.
If you are talking about Zerodha then all delivery based brokerages are now free! Check this – http://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/zerodha-going-zero-brokerage
still yet to understand the Zero brokerage concept on Delivery trades as i believe brokerage is deducting while buying.
No, not true. We do not charge any brokerage for delivery based trades. If you think there is a brokerage charge, I\’d request you to write to [email protected] along with the contract note attached.
Hey,
I think this has been answered but I\’m not sure if I understood it right, so my question is:
If I had 10k, would I be able to simultaneously place a buy and sell intra day limit order having only 10k?
I.e, as long as I have the net amount in my account at the end of the day, is that enough?
You can buy for 10K and once you bought this you can certainly sell whatever you own. To place the order simultaneously you need to choose a BO order.
Hi All,
If i have done the Buy and Sell of a Stock on Equity Segment, then can i withdraw the funds on same day of evening irrespective of \”CNC\” or \”MIS\” ?
Yes, as long as your trade is intraday your funds can be withdrawn by eod.
I am a new client of Zerodha and totally new to Intra Day Trading. Using your Zerodha Varsitiy materials, I am trying to learn Intra Day trading. How will I know whether I have understood the concept and traded correctly, at the end of the day.
If you are confident about your trades, then you know enough 🙂
Security Transaction charges are they applicable to intra-day transactions ??
Yup. Check this – https://zerodha.com/brokerage-calculator
Appears to be a case of missing brackets – In the table in section 10.2, across Sl.No:04 , the applicable charges should read as: 12% of (brokerage + transaction charges).
Hi, I am new to stock market, I have following doubts
If I want to short sell on intraday basis,
1. do share borrowing fees apply? (My understading is we dont borrow shares for intraday trading)
2. What are the leverages applicable? Are they same as when we buy?
Thanks
For shorting intraday there is no borrowing fees applicable. For long and short trades the leverage is similar.
Trader: Intraday Trader
Selected type : MIS / BO / CO
Stock Price :XYZ @ 70
Amount in Trading ac: Rs. 50,000
If I want to buy the 100 share of xyz @70 at 11 am, then amount debited from my trading ac will be Rs.7000 instantly (Bal on trading ac will show Rs.43000).
At 11.30 am on the same day, if I sell 100 shares of xyz @ 71, then the amount Rs 7100 will be credited to my trading ac on EOD?. If so, would I be left with balance Rs. 43000 to commence my next trade?.
I hope this will not be the case. Please clarify.
The moment you place a trade the applicable amount will be blocked by RMS and the balance amount will be free. You can choose what to do with it. Also once you square off the order, the amount will be credited to you account end of day.
Yes I understand the profit I make will be credited to my trading account end of day to make pay out to my bank account. But I want to know whether the amount blocked by RMS ( I\’m not sure what is RMS, glad if you explain this!!) will be released instantly once I got out of that intraday position within few minutes, so that I can trade with full amount again??
No, the profit you make will be released to you moment you close the trade completely…and not end of day. However the amount blocked by RMS will be released almost instantly and you are free to take the next trade.
RMS = Risk Management Software which takes care of margins and other risk management activities. You may read this for better clarity – http://zerodha.com/varsity/chapter/margin-m2m/…however if you are new to markets I would suggest you go finish the basic module first and move sequentially.
Thank you Karthik.
I really appreciate your effort to make it easy for everyone to understand about capital market. Its not easier for anyone to create such an education module and your way of interacting through comments section is where we could see your dedication on this 🙂
Hope Zerodha will bring many initiatives like this in future as well…
Thanks for the kind words and encouragement, means a lot to us at Zerodha 🙂
However. this contradicts with your reply made to Vamsi on 7th march. 15. Over there you said the the amt is credited EOD.
Please check the response.
1.does brokerage charges vary for cnc,mis,NRML?
2.is it mandatory to sell next day in BTST?
3.what\’s EOD which you\’ve been mentioning?
1) I can speak on behalf of other brokers, but at least with Zerodha the brokerage is flat across all product types.
2) It is not mandatory to sell it next day as the trade will result in a regular delivery trade.
3) EOD is End of Day.
This Means Whenever i buy intraday the funds will not be debited Instantly Right?
Also, If i choose to buy CNC will the same happen? if yes then can i buy shares worth more than the amount in my trading A/c?
The funds will be blocked against your trade…in fact without sufficient amount the order will not go through at all. This also means you can never buy shares for more amount than what is there on CNC…however this is possible with intraday margins.
Also i have read somewhere that ZERODHA provides same day settlement on NSE. Can you put some light on the same day settlement process and Its Funds Debit and Credit Timings?
Yes, like I said the settlement for all your intraday trades will happen EOD.
If i have 10k and i am trading intrday, so is it like i can execute only one trade? because the proceeds from my first transaction will be credited only by the end of the day.
You can choose to split your 10K across few trades…and based on the net P&L the money will either be debited or credited to your trading account by EOD.
So the brokerage and taxes are to be subtracted from net p&l or the net p&l is given after subtracting the charges.. Also how does realised profit differ from net p&l
No, brokerage and taxes are deducted first, what is left after that makes up your P&L. Advantage of trading with Zerodha is that our brokerage is the lowest in the industry – 0 for equity, 20 for intraday. So your P&L tends to be higher while trading with us.
hi Karthik,
I am beginner to trading and for past 2 days I have been doing intra day trading. I had funds of 5k in my account.
1. on day 1. I had profit of 218. so under \’position\’ tab, I could see P&L as 218. and on dashboard I could see used margin as \”-218\”
next day when I logged in to check my balance I could see my balance reduced to 4939 (margin available) instead of (5k + 218 profit).
can you please explain me how can I check where my money profit went? which are all the factors I should check?
2. Also I received a contract by mail in which I could see (Amount receivable by client/payable by client : 49.64).
What does this mean ? It will be paid to me or it will be deducted from my account and why?
Amey, Login to Q-Backoffice and check your P&L statement under Reports. This should help you understand the brokerage and taxes that would have been charged for your trades.
You can go through the List of Charges.
Contact the support team for more account specific information
I want sell shares which I bought as CNC but I want to sell then before delivery i.e. T1 or T2 day then while selling should I select MIS? And when will the money will be available for further trading by such selling?
If you have bought it as CNC you have to sell it as CNC. In fact for all delivery trades the product type is CNC. The money will be credited to your trading account by end of day.
Does this mean if I sell the shares as T1 or T2 holding, then the amount of sale doesn\’t available immediately in trading account for further trades ?
The funds would be available. However, selling on T1 could be tricky.
Can you explain why selling on T1 could be tricky?
Check this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/consequences-of-short-delivery-nse-bse
Can you explain BTST in more detail?
Here is a link from Z-Connect which discusses this topic – http://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
what will happen if i buy the stock as MIS at 10:AM and after that i can not sell this stock because there is no buyer for that in market . how will this trade will be squared off?.
In such a situation MIS square off cant happen, hence the stock will come to your DEMAT account.
What if i hold 100 shares of xyz co @ 100 rs. from over a month. Then i sell it all one day at 110 and buy the same quantity again at 105 the same day.
1) Will i get profit of 5 rs. here?
2) what will be my price of purchase. 100 or 105?
1) Yes
2) 105
Karthik,
In this case will 105*100=10500 Rs be deducted from his account as if he is doing a fresh purchase or only a margin will be used and the actual amount will not be deducted.
I\’m assuming he is doing a delivery trade, if yes, 105*100 will be deducted.
What if i sell & stock reached its upper limit where square off didn\’t take place ?
Under such a circumstance, you will have to face the short delivery auction.
Hi sir
I want to know.. For how many days I can keep the shares in my account which I buy on CNc. Trading
You can keep them for however long you can.
thanks for elaborating trading process. please clarify whether one can sale a stock today in the market and purchase the same in other day? if yes, what will be the process?
Shorting in cash market has to be done intraday – the reasons for this is explained here – http://zerodha.com/varsity/chapter/shorting/
Also, if you want to short the stock over multiple days in cash market you will have to opt for the Securities lending and Borrowing scheme, more on that here – http://zerodha.com/varsity/chapter/shorting/
Sir, if i buy reliance for 10000/- at 10 am as MIS and sell at 10:30 AM when my money credit to my trading a/c. Immediately or on t+2 day.
BeCause i want to invest 10k immediately on other stock.
You will get the credit by EOD.
Hello, I wen thru several comments on this page and am really confused about this question. Yours answer on this question here seems to contradict with several other questions on this page.
This is what i understand. Let me know if I am correct for intraday trading.
If i buy some 10 shares for price 100 each, then 10*100 is debited in my trading account. Then after 2 hours, I sell the 5 shares for price 110.
1. How much money be credited to my acc instantly?
2. How much money be credited to my acc EOD?
If you have done this trade using MIS as the product code then even the other 5 shares that you didn\’t sell will be squared off. If you have bought the 10 share as CNC, then 5 shares will goto delivery and the other 5 will be squared off when you sold them @ 105.
1) You get a credit of 525 against the sale of 5 shares @ 105
2) You will be debited 5*100 from the purchase so 500
EOD you will have 505 minus all the applicable charges.
And the payment from selling the 5 shares at 110 will come by EOD of T+ 2?
Am i correct?
You will get the credit for the sale right away, which you can use for other transactions.
How to transfer money from bank to trading account and vice versa?
You can do this by clicking on the \’Fund Transfer\’ option. Through this you can bring money into your trading account or take money out of your trading account (back to your bank account).
if i by share in CNC and sell on same day ,which brokerage i have to pay intraday or delivery ?
Intraday.
Can I buy and sell stock on NSE and BSE respectively. Purchased under CNC and want to sell on the same day
Yup, you can.
Hello Sir,
I do intraday and CNC same day trading for GMR, i see profit credited and shown only for intraday and not for CNC, how CAC settlement is done and duration required for the same?
CNC is cash and carry, the profits that you see are paper profits, which is not realised. Hence there is no credit. However, the profits for intraday is realized hence credited at the end of day.
Hi Karthik,
I bought 80 SBI shares yesterday for 252 and sold all the 80 today for 254. Again I bought 80 shares for 252 today. But my open position is showing my Qty as 0 and in my holdings it is showing yesterday\’s price for all the 80 shares. Anything wrong ?
Nothing really wrong. You sold 80 from yesterday which will say -80 and you bought 80 today which kind of offsets the position and therefore you see Qty as 0.
You will get it the next day.
If i buy cnc and sell the same day as cnc can i become a victim of short selling. Is there any risk in that
No, this is a simple intraday trade. Nothing to worry about.
Hi
If i buy cnc today and sell next day. Is there any risk in that after sell still it\’s showing in holding\’s.
Do check this, Chandan – https://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
Are DP charges applicable to intraday
No, its not.
if i buy share om friday ,what will be t+1 day and t+2 day??
T+1 is Monday and T+2 would be Tuesday.
On the same lines, I would like to know, what exactly is T1 and T2 in relation to any newly bought shares?
The day you buy the shares, that day is referred to as \’T\’ day. Next day is T1, next to next is T2. So shares bought on T gets delivered to your DEMAT on T2.
Okay, just to clear up. so the sign disappears from beside the scrip, when it actually sits in my DEMAT, right?
Thanks Karthik Sir.
Yup, you will no longer see T1.
मेरा सवाल है की…..क्या सोमवार को share खरीद ने के बाद तुरंत अगले दिन उसको sell कर सकते है क्या ? क्या हर share के बारे मे हम ऐसा कर सकते है ?
Amrut – my bad, I\’m not good at reading Hindi. Request you to kindly translate that to English.
Can buy now and pay latter (t+2) ,if i have many stocks already in dmat ,available in zerodha or we have to transfer money first to account than buy .
As of now, you will have to transfer money and buy only to the extent of what you have. Thanks.
Kartik the english translation for the same is \”can i buy the shares on monday and sell it on the next day and can I do this for all the shares\”
Yes, you can. This is called Buy Today, Sell Tomorrow or BTST. More on this here – https://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
How does the intraday buy and sell work in this case? Does it mean in case of intraday trading we are essentially selling the shares that are not with us?
Yes, that is the way it would work. But do remember intra day trades are squared off by 3:20PM.
Thank you Karthik
Still not getting the perfect answer.I have the same question in mind as asked.So, Can you please elaborate your answer?
Intraday trades are settled on the same day Manash.
In case of there is a bank/DP holiday on T+2 day, will the shares still shown under T1 holdings?
Yes. If there is a bank/DP holiday on T+2 day, the shares will still show up in the T1 holdings in day 1 and 2.
For example : If shares are bought on 8th November and 10th November is a settlement holiday, the shares will reflect in the T1 holdings on 9th and 10th November and the client can sell after the 13th November.
I have question if I sell one share after it got credited in Demat account. What are the charges I need to pay for it. Thanks.
Hi Vijay, there is no brokerage for the sell transaction. However you will have to have to pay DP charges of Rs.13.5/- irrespective of the quantity sold. I\’d suggest you take a look at this – https://zerodha.com/charges.
When the DP charges are debited from the trading account?
When you sell shares from DP.
Hi Karthik,
I am confused about selling an instrument and settlement. Following is my understanding:
1. If we buy an equity today we can sell on the same day and it will be called intraday trade. In this trade the equity never actually hits the demat account but we only trade the price difference.
2. If we sell an equity on T+1 day, since buy orders are already sent to the exchange on T day-end, it is out of broker\’s control and cannot be treated as intraday. Also, equities don\’t hit demat on T+1 day and we sell equity that we don\’t yet own resulting in shorting.
3. This will lead to two different trades in portfolio viz., T day long trade and T+1 day short trade.
4. If we sell equity on T+2 or beyond, we essentially sell the equity that we own in our demat.
5. Regarding our profits, all profits are available only on the next day of settlement except for intraday which is made available on the same day end. And our T+1 trade was not a settlement at all.
Kindly correct if I am wrong in above understanding. Now following are my questions:
A. Are these same rules applicable on futures/options also?
B. Are futures/options being just contracts can be bought and sold anytime i.e., intraday, T+1 and T+2 and beyond?
C. If they have different rules, please explain.
Thanks,
Sumit Kumar Pandit
1) Yes, this is correct
2) Yes, this is correct as well
3) This will be a BTST trade, suggest you read this – https://zerodha.com/z-connect/queries/stock-and-fo-queries/btstatst-buyacquire-today-sell-tomorrow
4) Yes, sell would be from DEMAT
5) Yes
A) The settlement is slightly different. I\’d suggest you read the Futures module – https://zerodha.com/varsity/module/futures-trading/
B) Yes, these can be bought and sold anytime. Your holding period can be as small as 30 Seconds.
C) Please go through the module on derivatives.
Hi Karthik, thanks for curating such great and educative content @varsity. Could you please refer me to the Derivatives section where I could read all about CO and BO. I couldn\’t find the derivatives module.
Glad you liked it, Prateek. We have divided the derivative across 3 modules –
1) Futures – https://zerodha.com/varsity/module/futures-trading/
2) Options Theory – https://zerodha.com/varsity/module/option-theory/
3) Option Stratergies – https://zerodha.com/varsity/module/option-strategies/
BO/CO is a part of the Futures module.
hello sir i am karan . i am not able to sell my stocks…i am trying to sell my stocks from over 1month but some other user ADMINSQF1 is buying it …whats that …..what should i do????
I\’m a little confused. Can you please call our support and speak to our executive once? Thanks.
There is some problem with Zerodha.
Some person is handling my portfolio.
Even I faced similar problem ADMINSQF1 sold my shares.
I have not authorized him to do so.
Looks like you\’ve used our intraday product MIS to take the position. All MIS positions are squared off after 3.20 PM.
Read more here
If i sell my shares on Thursday when i will able to transfer money in my bank account from Trading account?
Yes, you will be able to do that on Friday.
Why am i being charge BSE Charges every day 500.99
There is no such charge, Mohit. Which broker are you trading with? If its Zerodha, then all charges are mentioned here – https://zerodha.com/charges
You mentioned:- When you sell shares, the shares are blocked immediately and the sale proceeds credited again on T +2 day.
So how will it be credited on thursday.
Sorry, on friday.
Monday you sell the shares, the funds against this sale will be credited by Wednesday evening, you can place the withdrawal on Thursday.
The funds will be credited on T+2.
I want to ask one question I am using Zerodha So what happen in the case where I sold X company shares and amount is reflected immediately as free cash with same figure as -minus in margins and if I used this same amount shown in -margins for purchasing Y company shares do it deduct some charges for it apart from normal brokerage charges…???
All applicable charges will be deducted, Avinash. You should buffer for this before buying Y to avoid any -ve balance in your trading account. Check this to know about all the charges – https://zerodha.com/charges
I have the same question.
1) If I sell \”Stock/Bond/InvIT/FMP X\” for Rs 1000 today, and want to buy \”Company Y\” shares the same day for Rs 950, is it possible, or do I have to wait for T+2 after the sale before I can buy with the Rs 1000?
2) What if I have units worth Rs 1000 of Liquid Bees/ETF of Reliance/DSP? Do I have to sell the units before or after I buy \”Company Y\” stock? (I assume at least in this case I don\’t need to wait for T+2 before buying)
Thanks in advance!
1) We provide you credit to the extent of the shares sold on the same day. So you can buy Y shares the same day. But do account for the applicable charges
2) Its the same, you get credit to the extent of sale. So you can buy shares of Y the same day.
I sold shares at 5000/- profit still my free cash and margin used are same
When will it get changed
The settlement is on a T+2 basis, but you will have the margins available on your dashboard. I\’d suggest you call the support desk to check this once. Thanks.
Sir main 20/12/2018(Thursday) ko intraday me 185/- profit earned kiya but abhi tk profit hmare Demat account me nhi credit kiya gya hai.
Please check your ledger details on Console. Thanks.
If i am buying one share on MIS option and after buying rate is going down and wish to take delivery then how to retain that share and stop selling on market rate at the end of the day?
Ankit, you can do a simple position conversion here. Doing so the MIS position will be converted to a CNC buy and you can carry forward the position overnight.