Stocks To Keep A Close Eye On

[sam2trade]

sbi demat - Inter Depo Intra CM - DR

Hi,
Can some one explain what this "Inter Depo Intra CM - DR" means ?
This is a bill head that was given for some amount debited from my sav account by sbi demat. The best place to ask for this is with sbi demat, as they had debited the money. But I never get reply from them after repeated reminders and follow up emails. I get funny replies from them like, sbicaps ask to contact sbi demat, sbi helpdesk ask me to contact sbicaps etc...this cycle went on. They never look what is in the email chain, they just try to push it to others. Finally a manager from sbicaps was brought into loop and he forwarded the email to a manager (his signature says chief manager, not sure which dept). He sent me the screenshot of the bill, that says "Inter Depo Intra CM - DR". When I asked him, what this is, he replied that, "details are clear in the bill, if you will go through the entire bill details". But I didn't understand this bill head.
This was the reply at last - for all transactions you will do on online trading will be charged Rs 6/- irrespective of quantity or value of share. If you submit DIS then it is charged on value basis

 

[aditya14]

Hi,

Even I agree with you regarding brokerage is quite fishy i have seen their IWIN application from where they change the brokerage is quite confusing to lay man , they need to look into it. Regarding incrementing i have not observed it Let me do it next week
regards

They do increment it man and i asked my broker and he says this is deliberate and part of brokerage is added.That sounds ridiculous.

 

[SavantGarde]

Re: sbi demat - Inter Depo Intra CM - DR

'Inter Depository' Is Normally Used If You Are Transferring Shares Offmarket.
Which Means If Your Demat Is With CDSL & You Are Trasnferring Shares From Your Account To Somebody Whose Demat Account Is With NSDL.

If They Have Mentioned Rs.6 Then Perhaps You Are Paying Them AMC For Your Demat Account & Charges Incurred For Each Scrip When Selling Is Rs.6 Irrespective Of The Number Of Shares For That Scrip Per Contract Note.

Basically MOSL Are Daylight Robbers And A Lot Of Creative Accounting They Had To Correct Before They Launched Their IPO...But There Are Still Lot of Things On Their Part Which Is Undesirable.

I Have Grown Tired Of Repeating, There Is No Benefit Having A Trading Account With BANKS & Big Brokers.

As A Client One Must Still Go Through The Ledger Details & Narrations Contained Therein & It Is A Must For Clients To Go Through The Contract Notes Atleast On Weekly Basis, If One Cannot Do It Daily To Check On The Brokerage & Other Mandatory Charges Are being Charged Correctly As Per The Client Agreeent Signed At The Tme Of Opening The Account.
________________________________________________________________

This Is What One Should Look For At The Time Of Opening A Trading Cum Demat Account

For Trading

Equity 0.015%-0.025% Chargeable ONE SIDE ONLY For Intraday
Equity Delivery 0.15%-0.20%

DERIVATIVES

Futures 0.015%-0.025% Chargeable ONE SIDE ONLY For Intraday
Futures Delivery 0.015%-0.025%

OPTIONS
Rs.50-70 Per Lot Chargeable ONE SIDE ONLY For Intraday
Rs.50-70 Per Lot For Delivery

DEMAT

If You Agree To Pay AMC Then That Should Not Exceed More Than Rs.450/- Per Year Which Is Levied On A Finacial Year Basis

If You Are Paying AMC Then You Should NOT Pay Any Transaction Charges For Each Selling...Period

Only Other Things That Are Chargeable If You Are Paying AMC Are As Follows:

1) Off-Market Transfer Per ISIN
2) Pledging Per ISIN
3) Revoking Per ISIN
4) Demat From Physical Per Certificate
5) Remat To Physical Per Certificate.

SavantGarde

Hi,
Can some one explain what this "Inter Depo Intra CM - DR" means ?
This is a bill head that was given for some amount debited from my sav account by sbi demat. The best place to ask for this is with sbi demat, as they had debited the money. But I never get reply from them after repeated reminders and follow up emails. I get funny replies from them like, sbicaps ask to contact sbi demat, sbi helpdesk ask me to contact sbicaps etc...this cycle went on. They never look what is in the email chain, they just try to push it to others. Finally a manager from sbicaps was brought into loop and he forwarded the email to a manager (his signature says chief manager, not sure which dept). He sent me the screenshot of the bill, that says "Inter Depo Intra CM - DR". When I asked him, what this is, he replied that, "details are clear in the bill, if you will go through the entire bill details". But I didn't understand this bill head.
This was the reply at last - for all transactions you will do on online trading will be charged Rs 6/- irrespective of quantity or value of share. If you submit DIS then it is charged on value basis

 

[SavantGarde]

Don't Clutter This Thread Anymore With Queries On Brokerage, Auction, Close Out, Good Brokers, Bad Brokers, Demat Charges & Etc.

All The Above Have Been Discussed In Detail Several Times & Have Given A List DOs & DONTS'.

Inspite Of All The Caution If You Are Having Trouble...There Is Not Much More I Can Offer Anymore.

Happy & Safer Trading

SavantGarde

 

[gb333]

Hi Sir..
Which Broker u think is best to trade online?

 

[yogi1969]

Hi Sir..
Which Broker u think is best to trade online?

hi gb333

if u look around in traderji u will find ur answer but plz leave this thread for which it is

thnx

regards

yogi

 

[gb333]

Ok .. yogi
i m sorry!!!

 

[murthymsr]

Re: Stocks To Keep A Close Eye On - Chapter II

Hi MurthyMSR,

F&O Bhavcopy Is Available For 17-10-2009

Links Are Provided Below For Both Formats .CSV & .DBF

http://www.nseindia.com/content/historical/DERIVATIVES/2009/OCT/fo17OCT2009bhav.dbf

http://www.nseindia.com/content/historical/DERIVATIVES/2009/OCT/fo17OCT2009bhav.csv

Happy & Safer Trading

SavantGarde

Thanks SG for the response.

I used both GetBhavCopy and the NSE DataDownloader by PrestonMyers many times earlier including right a few minutes back. But both the software failed in downloading the bhav copy for 17-10-2009, though the same is available at NSE.

This problem may have to be referred to the SW developers for remedial action.

Thanks once again for your prompt response and sorry for posting in this thread on an issue of less relevance as far as this thread is concerned.

murthymsr

 

[SavantGarde]

Re: Stocks To Keep A Close Eye On - Chapter II

Hi MurthyMSR,

It Has Happened On A Couple Of Ocassions Where The Bhavcopy Is Not Seen In The Normal Everyday Link For Bhavcopy.

In Such Cases It Has Been Available Through NSE's Archive Link, Only Thing To Be Careful When You Click The Archive Link In F&O, By Default The Archive Page Opens With Equity Radio Button Checked. One Needs To Change It To Derivatives Before Inputting The Date On The Page To Get The Bhavcopy Displayed.

Happy & Safer Analysing

SavantGarde

Thanks SG for the response.

I used both GetBhavCopy and the NSE DataDownloader by PrestonMyers many times earlier including right a few minutes back. But both the software failed in downloading the bhav copy for 17-10-2009, though the same is available at NSE.

This problem may have to be referred to the SW developers for remedial action.

Thanks once again for your prompt response and sorry for posting in this thread on an issue of less relevance as far as this thread is concerned.

murthymsr

 

[columbus]

Re: Stocks To Keep A Close Eye On - Chapter II

Hi MurthyMSR,

It Has Happened On A Couple Of Ocassions Where The Bhavcopy Is Not Seen In The Normal Everyday Link For Bhavcopy.

In Such Cases It Has Been Available Through NSE's Archive Link, Only Thing To Be Careful When You Click The Archive Link In F&O, By Default The Archive Page Opens With Equity Radio Button Checked. One Needs To Change It To Derivatives Before Inputting The Date On The Page To Get The Bhavcopy Displayed.

Happy & Safer Analysing

SavantGarde

Hi Savant,
Sometimes NSEwallah will change the content but not
file names.Hence if file names remain intact but size
of the file is different ,then better to open the file to
check it out.I am talking about the contents of PR.ZIP.