Sage-Tips

How do you hold stocks in Zerodha?

Visit Kite.Zerodha.com. Login with your Username and Password….After this, you need to fill in the other details:

1. NSE (National Stock Exchange) or BSE (Bombay Stock Exchange).
2. Quantity: Enter the number of shares you want to buy.
3. CNC is Cash and Carry: This means you buy the stocks for long term (more than one day).

How long can I hold CNC shares in Zerodha?

The Annual Maintenance Charge is the cost to maintain your demat account and thus, it is applicable only for the demat account maintained with us, i.e your trading account and commodity account will not have a maintenance charge. AMC for maintaining a demat account at Zerodha: For individuals, it is Rs. 300 + 18\% GST.

Can I sell stock next day in Zerodha?

You can do a BTST(Buy Today Sell Tomorrow) trade at Zerodha by simply buying a stock using the CNC product type today and selling the same stock tomorrow by using CNC. However, in a BTST trade, you sell the stock the next day before the stock is delivered to your demat account.

How long can I keep my stock?

There’s no minimum amount of time when an investor needs to hold on to stock. Investors debating how long to hold their stocks will likely want to consider taxes. There’s no minimum amount of time when an investor needs to hold on to stock. But, investments that are sold at a gain are taxed at a capital gains tax rate.

How long can I hold shares?

Others might lose money. And, the value of some can stay about the same. Simply put, it’s hard to predict how markets will act. As tricky as it is to know when to buy a stock, knowing how long to hold a stock may be even thornier.

Is it safe to hold shares in Zerodha?

Yes, Zerodha is as safe as any other stock broker in India. Zerodha is a genuine and trusted stock broker. They are among the lowest risk broker for the following reasons: Zerodha is a debt-free.

Does Zerodha charges for holding?

Thus, if you sell the shares that you hold in your Demat account, there are no brokerage changes. However, you still have to pay taxes and a Demat debit transaction fee. Zerodha brokerage for intraday trading is flat Rs 20 per executed order on both buy and sell legs.

Can I buy and sell shares on the same day at Zerodha?

Yes, you can buy shares and sell them on the same day at Zerodha. All brokers allow this. When you do this, it will be considered an intraday trade. Only if you buy shares in the BE/T category, then you will not be able to sell them on the same day.

Can I use the product code CNC without holding the stock?

You will not be able to sell using the product code CNC without holding the particular stock in your DEMAT account. Note: CNC is just a product code. If you use CNC to buy and sell a share on the same day, it will still be considered as an intraday trade. NRML is used for overnight trading of futures and options.

How much leverage does Zerodha provide on delivery trades?

At Zerodha we provide no leverage when you are executing delivery trades which mean that you if you want to buy Rs 1lk of stock as CNC, you will need this Rs 1lk in your trading account and similarly if you want to sell Rs 1lk of shares with product type as CNC, you will need these shares in your demat account mapped to your trading account. 2.

Why did my order get rejected by Zerodha?

Zerodha doesn’t provide any leverage on some small cap stocks. Your stoploss must be small in order to get the complete leverage, the leverage will reduce if your stoploss is big. There are mainly 3 reasons why your order might get rejected and these can be found at the ‘executed orders’ tab by clicking on the rejected order. The reasons can be-