Back
Atharva Deshmukh
Daily Learnings...ย โขย 1y
The day you make the transaction is the trade date,brokers called it as the 'T Day.' On the T day, the broker generates a โcontract noteโ and emails you the copy to your registered email id. A contract note is like a bill detailing all your daily transactions. Starting January 2023, India became the first country to implement a T+1 settlement for all the scrips listed on the stock exchanges. Earlier when you used to buy the shares, these would be delivered to your demat account on T+2 day. When you sell shares, the shares are blocked immediately, and the sale proceeds are credited again on T+1 day. Earmarking of shares was introduced to ensure the securities donโt move out of the clientโs demat account to the brokerโs pool account.
Replies (3)
More like this
Recommendations from Medial
Himanshu Rao
Financial Advisor | ...ย โขย 2m
These days having a Demat account has become important for investing. Many people donโt know how to get started or which platform they can actually trust. If youโre also facing difficulty in opening a Demat account or need proper guidance, feel free
See More
Anonymous
Hey I am on Medialย โขย 11m
so guys this is that I have opened by demat account in zerodha and after opening the account I just saw the zerodha chargers 300+18% GST every single year as annual maintenance so if I close my account with zerodha will I be able to open a new accoun
See More
Atharva Deshmukh
Daily Learnings...ย โขย 1y
3rd day of posting my Zerodha Varsity Module,got a bit late Today's chapter was about Market Intermediaries,these are mediators who work together in order to ensure the smooth flow of financial market. First Intermediary is Stock Broker who is our
See More
Akash Sharma
Money follows you wh...ย โขย 1y
Any of my good Trader friend can join me. I have an demat account on which I need good traders to trade. There will be profit sharing with loss limitations like funded accounts. The major aim is to achieve growth together. Please no to spams. The acc
See More
Account Deleted
Hey I am on Medialย โขย 9m
Larsen & Toubro (L&T) has secured a $1.5 billion mega contract from Saudi Aramco, reinforcing its strong presence in the Middle Eastโs energy sector. The deal involves large-scale engineering, procurement, and construction (EPC) work, likely suppor
See More
Download the medial app to read full posts, comements and news.