Comment on Orders - Place, Modify, Cancel & View

Nithin Kamath commented on 03 Aug 2013, 04:25 AM

Avinash, if you buy as CNC and want to sell the same day, sell it as CNC again. Since you bought and sold the same day it is considered as intraday trade and hence no demat charges are applicable.

Demat charges are applicable only once you take stock to your demat account. So if you buy and take delivery after T+2 days and then again sell it from your demat, that is when demat charges are applicable. Rs 13 for every debit instruction, which means no matter how much quantity of a particular stock you sell during the day, you will have to pay only once which is Rs 13. If you sell 2 different stocks it will be 26 and so on.

Cheers

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