How to login and reset my new password.
Simply put in your login i and click on “Forgot Password”. You will receive a link
to reset your password on your registered email address. Please ensure that you
set a strong alphanumeric password (6-12 length) with one special character. Once
you reset the password, you can login to your account using the new password.
Eligibility for opening trading account ?
Any individual, HUF, proprietary firm, or a company can open an account.
What are market timings ?
Equity-
Pre-market - 9 am to 9.15 am
Normal trading - 9.15 am to 3.30 pm
Post-market - 3.40 pm to 4.00 pm
Currency-
Normal trading & cross-currency - 9 am to 5 pm
What is Securities Transaction Tax (STT)?
Securities Transaction Tax (STT) is a tax being levied on all transactions done
on the stock exchanges.
How do I open a Trading Account without opening a Demat account?
NSE/BSE mandates a Demat with your Trading Account for securities. Currency and
Commodities do not require a Demat Account.
ISIN Number
The International Securities Identification Number or ISIN Code is a unique code
that is used to identify securities.
Documents required for account opening ?
The following documents are required to open an account for a resident individual
1.) PAN Card – As per the SEBI Regulations, a PAN Card is mandatory document
for any investment in capital markets
2.) Aadhaar Card – This is required for paperless account opening.
3.) Cancelled Cheque – A cancelled cheque should clearly mention the name
of the Account Holder, Account Number, IFSC Code and MICR Code.
4.) Photograph – A Passport size photograph is a KYC requirement as per the
SEBI Regulations.
5.) Signature on White Paper – This is a regulatory and operational requirement
to cross-reference the signature in the case of physically opening an account.
6.) Income Proof (for Derivatives) – For Trading in futures and options of
all Equity, Commodity and Currency , Income Proof is a mandatory document.
Frequently Used terms in Equity Trading?
1.) Market Order – A market order is a buy or sell order to be executed immediately
at the current market prices.
2.) Limit Order - An order to buy or sell a stock at a specific price or
better.
3.) Stop Loss Orders – It is an advance order to sell an asset when it reaches
a particular price point. It is used to limit loss or gain in a trade.
4.) Bid Price - Highest price that a buyer is willing to pay for a goods.
5.) Ask Price - The price a seller states they will accept.
Demat Account Definitions
• Demat: A Demat Account helps the investors hold shares and securities in
electronic format.
• BSDA: Basic Service Demat Account, a type of account which offers limited
services at reduced costs.
• PoA: Power of Attorney, a legal document giving authority to broker to
settle the trades though holding in clients demat account.
• DPC: Delayed Payment Charges.
• Dematerialisation: Process to converting physical certificates to electronic
form.
• Rematerialisation: Process of converting electronic shares to physical
certificates.
• DIS: Delivery Instruction Slip, Similar to conventional cheque book for
demat account. It is used offline demat account transactions.
• NSDL: National Securities Depository Limited, the 1st central securities
depository. It offer services to hold shares in electronic form on behalf of the
customer.
• CDSL: Central Depository Services (India) Limited, the 2nd securities depository.
It also offers service to hold shares in electronic form.