In the land of Bulls and Bears

In the land of Bulls and Bears knowing knowledge about how the transactions are made in stock market holds key for the survival of any trader, I hope this information will help in your stock strategies.......

Securities Transaction Tax (STT)

Equity Delivery Transactions
Purchase: 0.125% of Turnover i.e. (Number of Shares * Price)
Sell: 0.125% of Turnover i.e. (Number of Shares * Price)

Equity Intra-day Transactions
Purchase: NIL
Sell: 0.025% of Turnover i.e. (Number of Shares * Price)

Future Transactions
Purchase: NIL
Sell: 0.017% of Turnover i.e. (Number of Lots * Lot Size * Price)

Option Transactions
Purchase: NIL at the time of purchase of option. However the purchaser has to pay 0.125% of the Settlement Price i.e. (Number of Lots * Lot Size * Strike Price), in case of option exercise
Sell: 0.017% of Premium

Transaction Charges

Equity Delivery Transactions
Purchase: 0.0035% of turnover in NSE and 0.0034% of Turnover in BSE
Sell: 0.0035% of turnover in NSE and 0.0034% of Turnover in BSE

Equity Intra-day Transactions
Purchase: 0.0035% of Turnover in NSE and 0.0034% of Turnover in BSE
Sell: 0.0035% of Turnover in NSE and 0.0034% of Turnover in BSE

Future Transactions
Purchase: 0.002% of Turnover i.e. (Number of Lots * Lot Size * Price)
Sell: 0.002% of Turnover i.e. (Number of Lots * Lot Size * Price)

Option Transactions
Purchase: 0.05% of Premium
Sell: 0.05% of Premium

SEBI Turnover Charges

Equity Delivery Transactions
Purchase: NIL
Sell: NIL

Equity Intra-day Transactions
Purchase: NIL
Sell: NIL

Future Transactions
Purchase: 0.0002% of Turnover i.e. (Number of Lots * Lot Size * Price)
Sell: 0.0002% of Turnover i.e. (Number of Lots * Lot Size * Price)

Option Transactions
Purchase: 0.0002% of Premium
Sell: 0.0002% of Notional Value in case of exercise or assignment

Stamp Duty

Equity Delivery Transactions
Purchase: 0.01% of Turnover. Turnover usually taken in multiple of Rs 5000
Sell: 0.01% of Turnover. Turnover usually taken in multiple of Rs 5000

Equity Intra-day Transactions
Purchase: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000
Sell: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000

Future Transactions
Purchase: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000
Sell: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000

Option Transactions
Purchase: 0.002% of Premium
Sell: 0.002% of Notional Value in case of exercise or assignment

Service Tax

Service Tax, Surcharge and Education Cess are applicable on Brokerage, Transaction Charges, SEBI Turnover Charges and Stamp Duty. Note Service Tax, Surcharge and Education Cess are not applicable on Securities Transaction Tax (STT).

Intresting tips: Speed up your internet

Microsoft reserves 20% of your available bandwidth for their own purposes like Windows Updates and interrogating your PC etc
You can get it back:
Click Start then Run and type “gpedit.msc” without quotes.This opens the group policy editor. Then go to:
Local Computer Policy
then Computer Configuration
then Administrative Templates then Network then QOS Packet Scheduler and then to Limit Reservable Bandwidth.
Double click on Limit Reservable bandwidth. It will say it is not configured, but the truth is under the ‘Explain’ tab i.e.”By default, the Packet Scheduler limits the system to 20 percent of the bandwidth of a connection, but you can use this setting to override the default.”
So the trick is to ENABLE reservable bandwidth, then set it to ZERO. This will allow the system to reserve nothing, rather than the default 20%.It works on Win 2000 as well.

Increase the speed of your internet connection

As more and more people get quick connections to the internet, such as cable or ADSL, it becomes apparent to the user of a simple dial-up modem that the World Wide Web can quickly turn into the World Wide Wait. Here a trick that can help speed up your current modem without shelling out the big bucks.
There is a setting located in your windows registry called the Maximum Transfer Unit (MTU). This determines the size of the packets of data sent between your and your server. In Windows 95, this setting is has a value of 1,500 bytes when the actual size of internet packets is 1,000 bytes. This can sometimes slow things down. To remedy the situation, simply follow these steps:
In the registry editor (Start > Run > regedit.exe), navigate to HKEY_LOCAL_MACHINE\System\CurrentControl
Set\Services\Class\NetTrans. In the NetTrans folder you should find another folder named “000x” in which x represents a fourth digit. Right-click on the “000x” folder and select New and StringValue. Rename the item that appears in the panel on the right side to MaxMTU, then double-click it to bring up the Edit String box and give it a velue of 1002.Remember to keep playing with the MaxMTU value until you feel that your internet connection has greatly sped up. Some people report huge speed gains using this tricks, while others hardly notice a difference. In any case, it’s definetly worth a try.