If not open Click here www.moneymantrastock.com Daily Market Outlook:23 April 2009 It was a highly volatile day for the Indian equity markets. Both the leading Indices opened in green on account of strong recovery made by the US markets and good opening of…
Daily Market Outlook: 24 April 2009 It started as a gloomy day for the Indian equity markets but eventually turned out to be a bright one as markets recovered towards the close of trading session. With US markets tumbling yesterday, Asian markets opened…
Daily Market Outlook: 27 April 2009 Stock markets always have surprises for investors and same happened today. While many on the street were expecting the market to remain range bound, it shot in the afternoon trade. In the morning, indices opened on…
The trading on stock exchanges in India used to take place through open outcry without use of information technology for immediate matching or recording of trades. This was time consuming and inefficient. This imposed limits on trading volumes and effic…
Contract Note is a confirmation of trades done on a particular day on behalf of the client by a trading member. It imposes a legally enforceable relationship between the client and the trading member with respect to purchase/sale and settlement…
A broker has to issue a contract note to clients for all transactions in the form specified by the stock exchange. The contract note inter-alia should have following: §Name, address and SEBI Registration number of the Member broker. §Name of…
The maximum brokerage that can be charged by a broker from his clients as commission cannot be more than 2.5% of the value mentioned in the respective purchase or sale note. Get Live Intraday BTST Short Term Research…
One can confirm it by verifying the registration certificate issued by SEBI. A broker’s registration number begins with the letters ‘INB’ and that of a sub broker with the letters ‘INS’. Get Live Intraday BTST Short Term Research…
Here are some useful pointers to bear in mind before you invest in the markets: Make sure your broker is registered with SEBI and the exchanges and do not deal with unregistered intermediaries. Ensure that you receive contract notes for…
Ensure that the intermediary (broker/sub-broker) has a valid SEBI registration certificate. Enter into an agreement with your broker/sub-broker setting out terms and conditions clearly. Ensure that you give all your details in the ‘Know Your Client’ form. Ensure that you…