Good info, Vallab. Rs. 89 is still less than the general market rate , But Rs 9 is what is generally understood . Same for Zerodha, they say Rs 20 per lot, But Eventually it comes to 100 plus I think.
Hi All, Good information is drawn from all.Please leave aside the Taxes and other charges because these have to be paid compulsorily for all trades/transactions. What makes the margin gain/profit is the Brokerage + Ser. Tax (@ 10%) matters most. I brief as under for 1 lot of Nifty Future Transaction (Buy + Sell + Service Tax)
1. @ Rs.9 per trade means: 9 + 9 + 1.80 (Ser.Tax) = 19.80
2. @ 0.01% (1 paise) means:25 + 25 + 5.00(S.T) = 55.00
3. @ 0.02% (2 paise) means:50 + 50 +10.00 (S.T.) = 110.00
4. Zerodha brokerage : 20 +20 + 4.00 (S.T) = 44.00
If you trade 3 and more lots with Zerodha it will be profitable
Regards:clapping::clapping::clapping::clapping: