- ABAN OFFSHO 367.3 ( Rs. 9.10) | ABB LTD. 711.8 ( Rs. -4.25) | ACC LTD 1159.85 ( Rs. -10.15) | ACKRUTI 179.95 ( Rs. -0.05) | ADANI ENTER 231.1 ( Rs. 2.40) | ADI BIR NUVO 752.85 ( Rs. 6.70) | ALLAHABAD BK 144.65 ( Rs. 0.50) | ALSTOM POWER 353.95 ( Rs. 10.05) | AMBUJA CEME 144.25 ( Rs. -4.40) | ANDHRA BANK 105.9 ( Rs. 0.90) | APOLLO HOSP. 623.45 ( Rs. 3.70) | AREVA 148.2 ( Rs. 1.95) | ASIAN PAINTS 3708.4 ( Rs. 17.10) | AXIS BANK 948.8 ( Rs. -1.15) | BAJ HOLD INV 775.7 ( Rs. -29.70) | BAJAJ AUTO 1532.95 ( Rs. -41.40) | BEML LTD 473.85 ( Rs. -38.55) | BHARAT ELECT 1239.55 ( Rs. -58.10) | BHARAT FORGE 310.45 ( Rs. 2.05) | BHARAT PET. 724.6 ( Rs. -10.40) | BHARTI ARTL 297.3 ( Rs. -1.00) | BHEL 201.4 ( Rs. -4.30) | BHUSH STEEL 434.6 ( Rs. -0.45) | BIOCON LTD. 215.7 ( Rs. -1.00) | BNK OF BAROD 640.55 ( Rs. -1.45) | BNK OF INDIA 315.85 ( Rs. 7.95) | BOSCH LTD 8936.2 ( Rs. 43.40) | CADILA HEALT 786.2 ( Rs. -3.20) | CAIRN IND 319.85 ( Rs. -1.25) | CANARA BANK 397.9 ( Rs. -0.15) | CASTROL 525.95 ( Rs. -7.45) | CENTURY TEXT 274.7 ( Rs. -3.15) | CESC LTD. 273.3 ( Rs. -1.65) | CHENNAI PET. 141.65 ( Rs. 0.85) | CIPLA LTD. 315.95 ( Rs. 2.05) | COLGATE PALM 1219.15 ( Rs. -10.35) | CONTAIN.CORP 871.05 ( Rs. 0.45) | CORPN.BANK 403.5 ( Rs. -3.95) | CROMPT.GREAV 115.3 ( Rs. 2.65) | CUMMINS (I) 430.45 ( Rs. 0.10) | DABUR (I) 105.55 ( Rs. 1.10) | DIVI'S LAB. 912.2 ( Rs. 16.25) | DLF LIMITED 186.2 ( Rs. 1.35) | DR.REDDY'S 1660.55 ( Rs. -1.35) | EDUCOMP SOLN 157.25 ( Rs. -2.15) | EXIDE IND. 118.55 ( Rs. -1.20) | FEDERAL BANK 403.75 ( Rs. 4.70) | FINANC.TEC. 584.65 ( Rs. 3.20) | GAIL (I) LTD 317.45 ( Rs. 6.60) | GLAXOSMITH 2047.8 ( Rs. -19.90) |  - as on 18-05-2012 00:00:00

Trading Cost

Many people overlook the actual trading cost, they fail to understand the overall concept of stock trading and most of the time, they make loss altough there portfolio reflects a profit.

Trading cost can be calcuated with the following formulae:
Trading cost = Brokerage + STT + Stamp duty + other charges

Brokerage Rate

There are many brokers charging different rates of brokerage. For example, ICICI Direct charging @.75% and HDFC charging @ .5% of trading amount.

Sale Transaction Tax

STT or Sale transaction tax is imposed on the sale/purchase of securities by retail/institutional investors and is charged on total turnover (cost of each share * no. of shares). For delivery of shares it is charged at .125%. For intraday selling of shares, it is charged @.025%. For buying, there is no tax for intra day trades. Currently government is under consideration to remove/reduce STT because since it was introduced in 2004, the cost of transaction of trades has drastically increased.

Stamp Duty

Stamp duty is also charged on total turnover. For delivery of shares it is charged at .01% and for intra day it is charged at .002%.

Transaction Charges

For trading of shares at NSE, it is charged @ 0.0035% while for BSE, it is charged @ 0.0034%.

Turnover Charges

For equity transaction, this remains NIL but for derivative transactions, it is charged @ 0.0002% of total turnover.

Service Tax

Service tax is charged on all the components, viz Brokerage, STT, Stamp Duty, Transaction Charges and Turnover charges

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