Stock market trading comprises the buying and selling of various company scripts through authorized persons, called stock brokers. When the market presents an upward trend (i.e. shares are normally being bought in anticipation of price-rises in the future), we call it a bullish market. However, when the market shows a downward trend (i.e. shares are sold in anticipation of a fall in price), it is termed as bearish market. This basically comprises the core of stock market trading. However, it is just the tip of the iceberg. Stock market trading goes beyond this normal buying and selling spree of stocks
Yes, any Individual, Hindu undivided Family (HUF),proprietary firm,partnership firm, company,trust or Non Resident Indians (NRI) can open an account with Krishna Multifarious consultancy private limited (KMC)
If you like to buy shares, first of all you have to appoint a broker. A broker is a member of a recognized stock exchange, who is permitted to do trades on the screen-based trading system of different stock exchanges. He is enrolled as a member with the concerned exchange and is registered with SEBI. Once you open an account, you will be able to buy shares in your particular Trading ID, which is called your Trading code.
You will receive Welcome letter, in which you will find all the details related to your Trading Account. If you are having account in Internet Trading, than you will receive an email from Internet Department regarding your trading account.
If you are a Offline Client and like to see your account online, you can request for a password than, we will provide you your Backoffice ID and Password and you will be able to see your Account Online.
Market Order - A market order is an order to buy or sell a stock at the current market price. Limit Order - To avoid buying or selling a stock at a price higher or lower than you wanted, you need to place a limit order rather than a market order. A limit order is an order to buy or sell a security at a specific price. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. Stop Loss Order - An order placed with a broker to sell/buy a security when it reaches a certain price. It is designed to limit an investor's loss/profit on a security position.
The Stock Exchanges assign a Unique Order Code Number to each transaction, which is intimated by broker to his client and once the order is executed, this order code number is printed on the contract note. At the end of day our representative will call you.
You have to ensure receipt of the following documents for any trade executed on the Exchange: a. Contract note b. In the case of electronic issuance of contract notes by the brokers, the clients shall ensure that the same is digitally signed and in case of inability to view the same, shall communicate the same to the broker, upon which the broker shall ensure that the physical contract note reaches the client within the stipulated time. It is the contract note that gives rise to contractual rights and obligations of parties of the trade. Hence, you should insist on contract note from stockbroker.
Contract note is a one type of Bill that shows your confirmed trades on particular day for and on behalf of client. Contract note is issued in the prescribed format of Rules and regulations of BSE and SEBI guidelines. Contact notes are helpful to track you.
Yes, You can View your Bills Online through your userid and Password form our Back office. You can also able to view your Previous bill and new bills from our Back office anytime and anywhere. You can verify your quantity, price, brokerage and time through.
The trading member can charge: 1. Brokerage charged by member broker. 2. Penalties arising on specific default on behalf of client (investor) 3. Service tax as stipulated. 12.36% charges will be applicable on brokerage, T.O. & O.C. 4. Securities Transaction Tax (STT) as applicable.- 0.125% on market Rate for Delivery and 0.25% on speculation from sell side. 5.Turn over Charges NSE charges will be 0.05% and BSE charges will be 0.01% 6.Stamp Duty Charges - 0.01% on Delivery and 0.02% on speculation The brokerage, service tax and STT, Turn Over Charges, Stamp Duty charges are indicated separately in the contract note.
You have to pay initial Margin of Rs. 10000 to start trading. One can give margin by way of Cheque and by way of Securities. For Derivatives Segment Margin will be required of Rs. 50000. Clients also have to fulfill Span Margin in order to trade in derivative
In a Rolling Settlement trades executed during the day are settled based on the net obligations for the day. Presently the trades pertaining to the rolling settlement are settled on a T+2 day basis where T stands for the trade day. Hence, trades executed on a Monday are typically settled on the following Wednesday (considering 2 working days from the trade day). The funds and securities pay-in and payout are carried out on T+2 day.
Pay in day is the day when the brokers shall make payment or delivery of securities to the exchange. Pay out day is the day when the exchange makes payment or delivery of securities to the broker. Settlement cycle is on T+2 rolling settlement basis w.e.f.
Short delivery refers to a situation where a client, who has sold certain shares during a settlement cycle, fails to deliver the shares to the member either fully or partly. It also happens in case of Purchasing a shares.
For Example If Mr. A Buys shares of a particular company On Monday as per T+2 Settlement. So Monday is called Day T On Tuesday - customer pays funds to the broker (Krishna Multifarious consultancy private limited) for securities he has purchased. So Tuesday is called Day T+1 On Wednesday Krishna Multifarious consultancy private limited (KMC) transfers funds to Exchange. So Wednesday is called Day T+2 On Wednesday - Exchange transfer Shares to Krishna Multifarious consultancy private limited (KMC) On Thursday Mr. A can view shares purchased on Monday in your Demat account on Thursday. So Thursday is called Day T+3.
You expressly agree the use of the service is at your sole risk. The service is provided on an "as is" and "as available" basis. www.kmcindia.net expressly disclams all warranties of any kind, whether express or implied, including, but not limited to the implied warranties of merchantability, fitness for a particular purpose and non-infringement. www.kmcindia.net makes no warranty the services will meet your requirements, or the services will be uninterrupted, timely, secure, or error free. Nor does www.kmcindia.net make any warranty as to the results that may be obtained through the service or that defects in the software will be corrected. You understand and agree any material and/ or data downloaded or otherwise obtained through the use of the service is done at your own discretion and risk and you will be solely responsible for any damage to your computer systems or loss of data that results from the download of such material and/ or data. www.kmcindia.net makes no warranty regarding any goods or services purchased or obtained through the service or any transactions entered into through the service. No advice or information, whether oral or written, which you obtain from www.kmcindia.net or through the service shall create any warranty not expressly made herein.
You acknowledge that www.kmcindia.net site may contain links to other web sites operated by third parties ("linked sites"). You acknowledge that, when you click on a link to visit a linked site, a frame may appear that contains the www.kmcindia.net logo, advertisements and/ or other content selected by www.kmcindia.net. You acknowledge that www.kmcindia.net and its sponsors neither endorse nor are affiliated with the linked site or any link contained in a link site, or any changes or updates to such sites. You also acknowledge that www.kmcindia.net is providing these links to you only as a convenience.
www.kmcindia.net does not endorse in anyway any advertisers/ contents of advertisers on its webpages. Please therefore verify the veracity of all information on your own before undertaking reliance and actioning thereupon. www.kmcindia.net shall not be responsible nor liable for any consequential damages arising on account of your relying on the contents of the advertisement.
As a business we don't give stock tips, and have not authorized anyone to trade on behalf of others. If you find anyone claiming to be part of KRISHNA MULTIFARIOUS PRIVATE LIMITED and offering such services, please send us an email to email@example.com
“The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time. The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us. ”
This site is the responsibility of www.kmcindia.net
We want you to
Feel comfortable using our web sites
Feel secure submitting information to us
Contact us with your questions or concerns about privacy on this site
Know that by using our site you are consenting to the collection of certain data
What Information is, or may be, collected from you?
We will collect certain anonymous information in standard usage logs through our Web server, including: computer-identification information obtained from "cookies," sent to your browser from a
Web server and stored on your hard drive
An IP address, assigned to the computer which you use
The domain server through which you access our service
The type of computer you're using
The type of web browser you're using
We may collect the following personally identifiable information about you:
Demographic profile (like your age, gender,occupation and education);
Financial information (like annual income or insurance policy number); and
Opinions of features on our websites.
Who collects the information?
We will collect anonymous traffic information from you when you visit our site
We will collect personally identifiable information about you only as part of a voluntary registration process.
Our advertisers may collect anonymous traffic information from their own assigned cookies to your browser
The Site contains links to other Web sites. We are not responsible for the privacy practices of such Web sites
We offer a collection of online services which are available to you. Please understand that any information that is disclosed in these areas becomes public information. We have no control over its use and you should exercise caution when disclosing your personal information to anyone.
How's the information used?
We use personal information to:
Help us provide personalized features
Tailor our sites to your interest
Get in touch with you when necessary
We use contact information internally to:
Direct our efforts for product improvement
Contact you as a survey respondent
Notify you if you win any contest; and
Send you promotional materials
Generally, we use anonymous traffic information to:
Remind us of who you are in order to deliver to you a better and more personalized service from both an advertising and an editorial perspective
Recognize your access privileges to our Web sites
Make sure that you don't see the same ad repeatedly
Help diagnose problems with our server
Administer our Web sites
Track your session so that we can understand better how people use our sites
With whom will your information be shared?
We will not disclose any of your personally identifiable information to third parties unless:
We have your permission
Special circumstances such as compliance with legal authorities
We will not use your financial information for any purpose other than to provide services to you.
What choices are available to you regarding collection, use and distribution of your information?
Supplying personally identifiable information is entirely voluntary. You are not required to register with us in order to use our site. However, we offer some services only to visitors who do register.
Upon request, we will remove your personally identifiable information from our database, thereby canceling your registration.
If we plan to use your personally identifiable information for any commercial purposes, we will notify you at the time we collect that information and allow you to opt-out of having your information used for those purposes.
All sites that are customizable require that you accept cookies. You also must accept cookies to register as someone for access to some of our services. e.g Online Portfolio. For information on how to set your browser to alert you to cookies, or to reject cookies, go to http://www.cookiecentral.com/faq/.
What security procedures are in place to protect information from loss, misuse or alteration?
To protect against the loss, misuse and alteration of the information under our control, we have in place appropriate physical, electronic and managerial procedures. For example, our servers are accessible only to authorized personnel.
Although we will endeavor to safeguard the confidentiality of your personally identifiable information, transmissions made by means of the Internet cannot be made absolutely secure. By using this site, you agree that we will have no liability for disclosure of your information due to errors in transmission or unauthorized acts of third parties.
We reserve the right to change or update these policies at any time upon reasonable notice, effective immediately upon posting to this site.