You should select the segment you want to buy in ...
Option : "Cash" is recommended, if it is your first purchase
Cash : This essentially means you are buying shares to take delivery into your linked Demat Account by fully paying the cost of transaction (based on number of shares & per share price).
Flexi Cash : With Flexi cash facility you get the flexibility to buy stocks with 11-31% funds instead of 100%. To take delivery you need to bring balance funds latest by next 5 transaction days.
EQUITY PLACE ORDER
Cash Buy
1. Product
2. Exchange
The next step is to select the exchange in which you want to place an order.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
3. Stock
You now need to enter/input Stock code or Stock/Company Name.
Example : if you wish to buy Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock Code.
Note : To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Example : if you wish to buy Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock Code.
Note : To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
4. Quantity
You can simply enter/input the number of shares (Qty) you want to purchase.
OR
If you want to purchase for a lumpsum (allocated) amount, Use calculator to arrive at number of shares (that you can buy with lumpsum amount).
OR
If you want to purchase for a lumpsum (allocated) amount, Use calculator to arrive at number of shares (that you can buy with lumpsum amount).
5. Order Validity
Make your selection between "Day", "IOC", "VTC"
We recommend you to use "Day" option, if this is your first purchase
"Day": Your order remains open during trading window/day or till it is executed at the price quoted by you. This order will automatically expire if no matching order found during trading window. Partial match is possible for the order and the unmatched portion of the order is cancelled after the trading window is closed.
"IOC" – (Immediate or Cancel) : As the name suggest, your order will match with open orders at Exchange for execution. It will immediately be cancelled if no match found. Partial match is possible for the order and the unmatched portion of the order is cancelled immediately.
"VTC" – (Valid Till Cancelled) : It is an order type where your order remains open upto 45 days. i.e Order should remain open(partial/full) till the entire quantity is executed or till the validity expires, whichever is earlier. Read More in FAQs...
We recommend you to use "Day" option, if this is your first purchase
"Day": Your order remains open during trading window/day or till it is executed at the price quoted by you. This order will automatically expire if no matching order found during trading window. Partial match is possible for the order and the unmatched portion of the order is cancelled after the trading window is closed.
"IOC" – (Immediate or Cancel) : As the name suggest, your order will match with open orders at Exchange for execution. It will immediately be cancelled if no match found. Partial match is possible for the order and the unmatched portion of the order is cancelled immediately.
"VTC" – (Valid Till Cancelled) : It is an order type where your order remains open upto 45 days. i.e Order should remain open(partial/full) till the entire quantity is executed or till the validity expires, whichever is earlier. Read More in FAQs...
6. Order Type
There are two order types
Limit Order is recommended as you may want to purchase at your desired price. Please note your order may remain open for the day (till executed/expired).
Limit Order: You can give a limit price, which means your order will be executed only if the stock reaches your desired price.
Market Order: It means you want to get the order executed at the best available market price at the time it is matched with open orders at exchange.
Limit Order is recommended as you may want to purchase at your desired price. Please note your order may remain open for the day (till executed/expired).
Limit Order: You can give a limit price, which means your order will be executed only if the stock reaches your desired price.
Market Order: It means you want to get the order executed at the best available market price at the time it is matched with open orders at exchange.
7. Limit Price
You should input/enter price at which you wish to buy the selected Stock/Share. In case you have choose your order type as market, you can are not required to add any price as limit price.
8. Stop Loss Trigger Price
A Stop loss order allows you to place an order which gets activated only when the market price of the relevant share/stock reaches or crosses a price specified by you in the form of 'Stop Loss Trigger Price'. When a stop loss trigger price (SLTP) is specified in a limit order, the order becomes one which is conditional on the market price of the stock crossing the specified SLTP. The order remains passive (i.e. not eligible for execution) till the condition is satisfied. Once the last traded price of the stock reaches or surpasses the SLTP, the order becomes activated (i.e. eligible for execution by being taken up in the matching process of the exchange) and then on behaves like a normal limit order.
read more ...
9. View your Limit
Click of "View your Limit" will display your current allocation/limit to invest. You can use “Allocate Funds” link to add/reduce amount allocated for investment from your linked Bank Account.
We recommend you to allocate funds for investment before placing order.
Allocation simply means that you have allocated/kept aside fund for investment purpose (it continues to remain in your linked Bank Account).
You can de-allocate using “Allocate Funds” to use the fund for banking transactions.
We recommend you to allocate funds for investment before placing order.
Allocation simply means that you have allocated/kept aside fund for investment purpose (it continues to remain in your linked Bank Account).
You can de-allocate using “Allocate Funds” to use the fund for banking transactions.
10. Get Quote
This would give you the last traded price, day open, day high, day low price, etc.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
11. Disclosed Quantity
Normally, the order quantity is disclosed in full to the market. This is mostly used for big orders.
An order with a Disclosed Quantity (DQ) condition/attribute allows the Trading Member to disclose only a part of the order quantity to the market. For example, an order of 1000 with a disclosed quantity condition of 200 will mean that 200 is displayed to the market at a time. After this is traded, another 200 is automatically released and so on till the full order is executed. In NSE, the DQ (Disclosed Quantity) should not be less that 10% of the Order Quantity and at the same time should not be greater than or equal to the Order Quantity. In BSE, the DQ (Disclosed Quantity) should not be less than either 10% of the Order Quantity or 1000 whichever is lower and at the same time should not be greater than or equal to the Order Quantity.
An order with a Disclosed Quantity (DQ) condition/attribute allows the Trading Member to disclose only a part of the order quantity to the market. For example, an order of 1000 with a disclosed quantity condition of 200 will mean that 200 is displayed to the market at a time. After this is traded, another 200 is automatically released and so on till the full order is executed. In NSE, the DQ (Disclosed Quantity) should not be less that 10% of the Order Quantity and at the same time should not be greater than or equal to the Order Quantity. In BSE, the DQ (Disclosed Quantity) should not be less than either 10% of the Order Quantity or 1000 whichever is lower and at the same time should not be greater than or equal to the Order Quantity.
12. Protection Percentage
While placing a market order on BSE (Not applicable for NSE), you can specify the maximum percentage deviation from the Current Offer / Bid up to which the market order can be executed.
13. Buy Now
It will lead to Order Verification page,You can verify the order (for the inputs you made to place the order) before final placement of order.
You can track your order from Order Book. All “executed” orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day) and Shares will be credited into linked Demat Account on T+2 (Trade Day +2) days.
You can track your order from Order Book. All “executed” orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day) and Shares will be credited into linked Demat Account on T+2 (Trade Day +2) days.
14. Clear
It will reset/clear the fields entered on the page for you to Re-start fresh.
15. News & Capital Gain
News : It will display news related to Stock/Share entered by you.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.
Cash Sell
1. Product
You should select the segment you want to Sell in ...
Option : "Cash" is recommended, if you have shares in your Demat account.
Cash : This essentially means you are selling shares that are already there in your linked Demat Account.
Spot : 'Cash on Spot' (Spot) is a facility offered by ICICIdirect wherein the customer would receive the funds on sale transaction on the transaction date itself. Thus the customer would not have to wait until the payout day to receive the funds thus increasing the liquidity for the customer. The Transfer Instruction For Delivery (TIFD) for those scrips traded in 'Cash on Spot' will be executed before giving the payout. However if the trading day is a Bank Holiday the funds will be credited on the next bank working day. Read More in FAQs...
Option : "Cash" is recommended, if you have shares in your Demat account.
Cash : This essentially means you are selling shares that are already there in your linked Demat Account.
Spot : 'Cash on Spot' (Spot) is a facility offered by ICICIdirect wherein the customer would receive the funds on sale transaction on the transaction date itself. Thus the customer would not have to wait until the payout day to receive the funds thus increasing the liquidity for the customer. The Transfer Instruction For Delivery (TIFD) for those scrips traded in 'Cash on Spot' will be executed before giving the payout. However if the trading day is a Bank Holiday the funds will be credited on the next bank working day. Read More in FAQs...
2. Exchange
The next step is to select the exchange in which you want to place an order.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
3. Stock
You now need to enter/input Stock code or Stock/Company Name.
Example : if you wish to sell Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock Code.
Note : To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Example : if you wish to sell Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock Code.
Note : To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
4. Quantity
You can simply enter/input the number of shares (Qty) you want to sell which you already have in your demat account.
5. Order Validity
Make your selection between "Day", "IOC", "VTC"
We recommend you to use "Day" option, if this is your first purchase
""Day": Your order remains open during trading window/day or till it is executed at the price quoted by you. This order will automatically expire if no matching order found during trading window. Partial match is possible for the order and the unmatched portion of the order is cancelled after the trading window is closed.
"IOC" – (Immediate or Cancel) : As the name suggest, your order will match with open orders at Exchange for execution. It will immediately be cancelled if no match found. Partial match is possible for the order and the unmatched portion of the order is cancelled immediately.
"VTC" – (Valid Till Cancelled) : It is an order type where your order remains open upto 45 days. i.e Order should remain open(partial/full) till the entire quantity is executed or till the validity expires, whichever is earlier. Read More in FAQs...
We recommend you to use "Day" option, if this is your first purchase
""Day": Your order remains open during trading window/day or till it is executed at the price quoted by you. This order will automatically expire if no matching order found during trading window. Partial match is possible for the order and the unmatched portion of the order is cancelled after the trading window is closed.
"IOC" – (Immediate or Cancel) : As the name suggest, your order will match with open orders at Exchange for execution. It will immediately be cancelled if no match found. Partial match is possible for the order and the unmatched portion of the order is cancelled immediately.
"VTC" – (Valid Till Cancelled) : It is an order type where your order remains open upto 45 days. i.e Order should remain open(partial/full) till the entire quantity is executed or till the validity expires, whichever is earlier. Read More in FAQs...
6. Order Type
There are two order types
Limit Order is recommended as you may want to sell at your desired price. Please note your order may remain open for the day (till executed/expired).
Limit Order: You can give a limit price, which means your order will be executed only if the stock reaches your desired price available in the market.
Market Order: It means you want to get the order executed at the best available market price at the time it is matched with open orders at exchange.
Limit Order is recommended as you may want to sell at your desired price. Please note your order may remain open for the day (till executed/expired).
Limit Order: You can give a limit price, which means your order will be executed only if the stock reaches your desired price available in the market.
Market Order: It means you want to get the order executed at the best available market price at the time it is matched with open orders at exchange.
7. Limit Price
You should input/enter price at which you wish to sell the selected Stock/Share. In case you have choose your order type as market, you can are not required to add any price as limit price.
8. Stop Loss Trigger Price
A Stop loss order allows you to place an order which gets activated only when the market price of the relevant share/stock reaches or crosses a price specified by you in the form of 'Stop Loss Trigger Price'. When a stop loss trigger price (SLTP) is specified in a limit order, the order becomes one which is conditional on the market price of the stock crossing the specified SLTP. The order remains passive (i.e. not eligible for execution) till the condition is satisfied. Once the last traded price of the stock reaches or surpasses the SLTP, the order becomes activated (i.e. eligible for execution by being taken up in the matching process of the exchange) and then on behaves like a normal limit order. It is used as a tool to limit the maximum loss on a position.
Read More in FAQs...
9. Allocated Shares
Click of "Allocated Shares" will display your current allocated shares. The quantity displayed means the total shares allocated and available for selling.
We recommend you to check allocated shares before placing sell order.
We recommend you to check allocated shares before placing sell order.
10. Get Quote
This would give you the last traded price, day open, day high, day low price, etc.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
11. Disclosed Quantity
Normally, the order quantity is disclosed in full to the market. This is mostly used for big orders.
An order with a Disclosed Quantity (DQ) condition/attribute allows the Trading Member to disclose only a part of the order quantity to the market. For example, an order of 1000 with a disclosed quantity condition of 200 will mean that 200 is displayed to the market at a time. After this is traded, another 200 is automatically released and so on till the full order is executed. In NSE, the DQ (Disclosed Quantity) should not be less that 10% of the Order Quantity and at the same time should not be greater than or equal to the Order Quantity. In BSE, the DQ (Disclosed Quantity) should not be less than either 10% of the Order Quantity or 1000 whichever is lower and at the same time should not be greater than or equal to the Order Quantity.
An order with a Disclosed Quantity (DQ) condition/attribute allows the Trading Member to disclose only a part of the order quantity to the market. For example, an order of 1000 with a disclosed quantity condition of 200 will mean that 200 is displayed to the market at a time. After this is traded, another 200 is automatically released and so on till the full order is executed. In NSE, the DQ (Disclosed Quantity) should not be less that 10% of the Order Quantity and at the same time should not be greater than or equal to the Order Quantity. In BSE, the DQ (Disclosed Quantity) should not be less than either 10% of the Order Quantity or 1000 whichever is lower and at the same time should not be greater than or equal to the Order Quantity.
12. Protection Percentage
While placing a market order on BSE (Not applicable for NSE), you can specify the maximum percentage deviation from the Current Offer / Bid up to which the market order can be executed.
13. Buy Now
It will lead to Order Verification page,You can verify the order (for the inputs you made to place the order) before final placement of order.
You can track your order from Order Book. All “executed” orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day).
You can track your order from Order Book. All “executed” orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day).
14. Clear
It will reset/clear the fields entered on the page for you to Re-start fresh.
15. News & Capital Gain
News : It will display news related to Stock/Share entered by you.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.
Margin Buy
1. Product
You should select the segment you want to Buy ...
Option : "Margin" is recommended, if you have limited funds and want to buy and sell on the same day or bring additional funds within T+6 days.
Margin Buy : This product mean that you buy stocks with the intention of squaring off the position on the same day. If, during this time, the price moves in your favour (rises in case you have a buy position), you make a profit. In case the price movement is adverse, you incur a loss. However, you also have the option to take delivery of stocks by adding additional funds.
Option : "Margin" is recommended, if you have limited funds and want to buy and sell on the same day or bring additional funds within T+6 days.
Margin Buy : This product mean that you buy stocks with the intention of squaring off the position on the same day. If, during this time, the price moves in your favour (rises in case you have a buy position), you make a profit. In case the price movement is adverse, you incur a loss. However, you also have the option to take delivery of stocks by adding additional funds.
2. Exchange
The next step is to select the exchange in which you want to place an order.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
3. Stock
You now need to enter/input Stock code or Stock/Company Name.
Example : if you wish to buy Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock Code.
Note : To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Example : if you wish to buy Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock Code.
Note : To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
4. Quantity
You can simply enter/input the number of shares (Qty) you want to purchase.
OR
If you want to purchase for a lumpsum (allocated) amount, Use calculator to arrive at number of shares (that you can buy with lumpsum amount).
OR
If you want to purchase for a lumpsum (allocated) amount, Use calculator to arrive at number of shares (that you can buy with lumpsum amount).
5. Order Validity
Make your selection between "Day", "IOC"
We recommend you to use "Day" option, if this is your first purchase
""Day": Your order remains open during trading window/day or till it is executed at the price quoted by you. This order will automatically expire if no matching order found during trading window. Partial match is possible for the order and the unmatched portion of the order is cancelled after the trading window is closed.
"IOC" – (Immediate or Cancel) : As the name suggest, your order will match with open orders at Exchange for execution. It will immediately be cancelled if no match found. Partial match is possible for the order and the unmatched portion of the order is cancelled immediately.
We recommend you to use "Day" option, if this is your first purchase
""Day": Your order remains open during trading window/day or till it is executed at the price quoted by you. This order will automatically expire if no matching order found during trading window. Partial match is possible for the order and the unmatched portion of the order is cancelled after the trading window is closed.
"IOC" – (Immediate or Cancel) : As the name suggest, your order will match with open orders at Exchange for execution. It will immediately be cancelled if no match found. Partial match is possible for the order and the unmatched portion of the order is cancelled immediately.
6. Order Type
There are two order types
Limit Order is recommended as you may want to purchase at your desired price. Please note your order may remain open for the day (till executed/expired).
Limit Order: You can give a limit price, which means your order will be executed only if the stock reaches your desired price available in the market.
Market Order: It means you want to get the order executed at the best available market price at the time it is matched with open orders at exchange.
Limit Order is recommended as you may want to purchase at your desired price. Please note your order may remain open for the day (till executed/expired).
Limit Order: You can give a limit price, which means your order will be executed only if the stock reaches your desired price available in the market.
Market Order: It means you want to get the order executed at the best available market price at the time it is matched with open orders at exchange.
7. Limit Price
You should input/enter price at which you wish to buy the selected Stock/Share. In case you have choose your order type as market, you can are not required to add any price as limit price.
8. Stop Loss Trigger Price
A Stop loss order allows you to place an order which gets activated only when the market price of the relevant share/stock reaches or crosses a price specified by you in the form of 'Stop Loss Trigger Price'. When a stop loss trigger price (SLTP) is specified in a limit order, the order becomes one which is conditional on the market price of the stock crossing the specified SLTP. The order remains passive (i.e. not eligible for execution) till the condition is satisfied. Once the last traded price of the stock reaches or surpasses the SLTP, the order becomes activated (i.e. eligible for execution by being taken up in the matching process of the exchange) and then on behaves like a normal limit order. It is used as a tool to limit the maximum loss on a position.
Read More in FAQs...
9. Square off Mode
Broker : Under this square off mode positions are for intraday, all unexecuted Margin Buy orders as well as Margin Buy positions that are marked under 'Broker' square off mode will be identified as intra day and will be cancelled/squared off respectively by ICICI Securities Limited (I-Sec) on best effort basis during the End Of Settlement (EOS) process for the current settlement which would be run at the discretion of I-Sec.
Client :Under this square off mode, all unexecuted Margin Buy orders as well as Margin Buy positions that are marked under 'Client' square off mode will not be cancelled/squared off by I-Sec during the EOS process for the current settlement. The onus to square off such positions before the stipulated time ( T + 365 calendar days under Margin Trading Facility in both NSE & BSE) will lie on you failing which the positions would be squared off by I-Sec on best effort basis during the EOS process run for the earlier settlement. All transaction which are not squared off on the same day or left pending for delivery would be levied brokerage equivalent to Cash segment.
Please note that all Sell orders/ positions will necessarily be marked under the Broker square off mode only.
Client :Under this square off mode, all unexecuted Margin Buy orders as well as Margin Buy positions that are marked under 'Client' square off mode will not be cancelled/squared off by I-Sec during the EOS process for the current settlement. The onus to square off such positions before the stipulated time ( T + 365 calendar days under Margin Trading Facility in both NSE & BSE) will lie on you failing which the positions would be squared off by I-Sec on best effort basis during the EOS process run for the earlier settlement. All transaction which are not squared off on the same day or left pending for delivery would be levied brokerage equivalent to Cash segment.
Please note that all Sell orders/ positions will necessarily be marked under the Broker square off mode only.
10. View your Limit
Click of "View your Limit" will display your current allocation/limit to invest/trade. You can use "Allocate Funds" link to add/reduce amount allocated for investment/trading from your linked Bank Account.
We recommend you to allocate funds for investment before placing order.
Allocation simply means that you have allocated/kept aside fund for investment/trading purpose (it continues to remain in your linked Bank Account).
You can de-allocate using "Allocate Funds" to use the fund for banking transactions.
We recommend you to allocate funds for investment before placing order.
Allocation simply means that you have allocated/kept aside fund for investment/trading purpose (it continues to remain in your linked Bank Account).
You can de-allocate using "Allocate Funds" to use the fund for banking transactions.
11. Get Quote
This would give you the last traded price, day open, day high, day low price, etc.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
12. Disclosed Quantity
Normally, the order quantity is disclosed in full to the market. This is mostly used for big orders.
An order with a Disclosed Quantity (DQ) condition/attribute allows the Trading Member to disclose only a part of the order quantity to the market. For example, an order of 1000 with a disclosed quantity condition of 200 will mean that 200 is displayed to the market at a time. After this is traded, another 200 is automatically released and so on till the full order is executed. In NSE, the DQ (Disclosed Quantity) should not be less that 10% of the Order Quantity and at the same time should not be greater than or equal to the Order Quantity. In BSE, the DQ (Disclosed Quantity) should not be less than either 10% of the Order Quantity or 1000 whichever is lower and at the same time should not be greater than or equal to the Order Quantity.
An order with a Disclosed Quantity (DQ) condition/attribute allows the Trading Member to disclose only a part of the order quantity to the market. For example, an order of 1000 with a disclosed quantity condition of 200 will mean that 200 is displayed to the market at a time. After this is traded, another 200 is automatically released and so on till the full order is executed. In NSE, the DQ (Disclosed Quantity) should not be less that 10% of the Order Quantity and at the same time should not be greater than or equal to the Order Quantity. In BSE, the DQ (Disclosed Quantity) should not be less than either 10% of the Order Quantity or 1000 whichever is lower and at the same time should not be greater than or equal to the Order Quantity.
13. Protection Percentage
While placing a market order on BSE (Not applicable for NSE), you can specify the maximum percentage deviation from the Current Offer / Bid up to which the market order can be executed.
14. Buy Now
It will lead to Order Verification page,You can verify the order (for the inputs you made to place the order) before final placement of order.
You can track your order from Order Book. All "executed" orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day).
You can track your order from Order Book. All "executed" orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day).
15. Clear
It will reset/clear the fields entered on the page for you to Re-start fresh.
16. News & Capital Gain
News : It will display news related to Stock/Share entered by you.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.
Margin Sell
1. Product
You should select the segment if you want to short Sell shares in intrday or sell existing Margin buy position.
Option : "Margin Sell" is recommended, if you want to sell shares bought on the same day in Margin segment or short sell the shares i.e. selling the shares first and then buying in intrday.
Option : "Margin Sell" is recommended, if you want to sell shares bought on the same day in Margin segment or short sell the shares i.e. selling the shares first and then buying in intrday.
2. Exchange
The next step is to select the exchange in which you want to place an order.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
3. Stock
You now need to enter/input Stock code or Stock/Company Name.
Example : if you wish to sell Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock Code.
Note : To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Example : if you wish to sell Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock Code.
Note : To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
4. Quantity
You can simply enter/input the number of shares (Qty) you want to purchase.
OR
If you want to purchase for a lumpsum (allocated) amount, Use calculator to arrive at number of shares (that you can buy with lumpsum amount).
OR
If you want to purchase for a lumpsum (allocated) amount, Use calculator to arrive at number of shares (that you can buy with lumpsum amount).
5. Order Validity
Make your selection between "Day", "IOC"
We recommend you to use "Day" option, if this is your first purchase
""Day": Your order remains open during trading window/day or till it is executed at the price quoted by you. This order will automatically expire if no matching order found during trading window. Partial match is possible for the order and the unmatched portion of the order is cancelled after the trading window is closed.
"IOC" – (Immediate or Cancel) : As the name suggest, your order will match with open orders at Exchange for execution. It will immediately be cancelled if no match found. Partial match is possible for the order and the unmatched portion of the order is cancelled immediately.
We recommend you to use "Day" option, if this is your first purchase
""Day": Your order remains open during trading window/day or till it is executed at the price quoted by you. This order will automatically expire if no matching order found during trading window. Partial match is possible for the order and the unmatched portion of the order is cancelled after the trading window is closed.
"IOC" – (Immediate or Cancel) : As the name suggest, your order will match with open orders at Exchange for execution. It will immediately be cancelled if no match found. Partial match is possible for the order and the unmatched portion of the order is cancelled immediately.
6. Order Type
There are two order types
Limit Order is recommended as you may want to sell at your desired price. Please note your order may remain open for the day (till executed/expired).
Market Order: It means you want to get the order executed at the best available market price at the time it is matched with open orders at exchange.
Limit Order: You can give a limit price, which means your order will be executed only if the stock reaches your desired price available in the market.
Limit Order is recommended as you may want to sell at your desired price. Please note your order may remain open for the day (till executed/expired).
Market Order: It means you want to get the order executed at the best available market price at the time it is matched with open orders at exchange.
Limit Order: You can give a limit price, which means your order will be executed only if the stock reaches your desired price available in the market.
7. Limit Price
You should input/enter price at which you wish to sell the selected Stock/Share.
8. Stop Loss Trigger Price
A Stop loss order allows you to place an order which gets activated only when the market price of the relevant share/stock reaches or crosses a price specified by you in the form of 'Stop Loss Trigger Price'. When a stop loss trigger price (SLTP) is specified in a limit order, the order becomes one which is conditional on the market price of the stock crossing the specified SLTP. The order remains passive (i.e. not eligible for execution) till the condition is satisfied. Once the last traded price of the stock reaches or surpasses the SLTP, the order becomes activated (i.e. eligible for execution by being taken up in the matching process of the exchange) and then on behaves like a normal limit order. It is used as a tool to limit the maximum loss on a position.
Read More in FAQs...
9. View your Limit
Click of "View your Limit" will display your current allocation/limit to trade. You can use "Allocate Funds" link to add/reduce amount allocated for trading from your linked Bank Account.
We recommend you to allocate funds (for short selling shares) before placing order. For squaring off Margin Buy position you do not require to allocate funds.
Allocation simply means that you have allocated/kept aside fund for trading purpose (it continues to remain in your linked Bank Account).
You can de-allocate using "Allocate Funds" to use the fund for banking transactions.
We recommend you to allocate funds (for short selling shares) before placing order. For squaring off Margin Buy position you do not require to allocate funds.
Allocation simply means that you have allocated/kept aside fund for trading purpose (it continues to remain in your linked Bank Account).
You can de-allocate using "Allocate Funds" to use the fund for banking transactions.
10. Get Quote
This would give you the last traded price, day open, day high, day low price, etc.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
11. Disclosed Quantity
Normally, the order quantity is disclosed in full to the market. This is mostly used for big orders.
An order with a Disclosed Quantity (DQ) condition/attribute allows the Trading Member to disclose only a part of the order quantity to the market. For example, an order of 1000 with a disclosed quantity condition of 200 will mean that 200 is displayed to the market at a time. After this is traded, another 200 is automatically released and so on till the full order is executed. In NSE, the DQ (Disclosed Quantity) should not be less that 10% of the Order Quantity and at the same time should not be greater than or equal to the Order Quantity. In BSE, the DQ (Disclosed Quantity) should not be less than either 10% of the Order Quantity or 1000 whichever is lower and at the same time should not be greater than or equal to the Order Quantity.
An order with a Disclosed Quantity (DQ) condition/attribute allows the Trading Member to disclose only a part of the order quantity to the market. For example, an order of 1000 with a disclosed quantity condition of 200 will mean that 200 is displayed to the market at a time. After this is traded, another 200 is automatically released and so on till the full order is executed. In NSE, the DQ (Disclosed Quantity) should not be less that 10% of the Order Quantity and at the same time should not be greater than or equal to the Order Quantity. In BSE, the DQ (Disclosed Quantity) should not be less than either 10% of the Order Quantity or 1000 whichever is lower and at the same time should not be greater than or equal to the Order Quantity.
12. Protection Percentage
While placing a market order on BSE (Not applicable for NSE), you can specify the maximum percentage deviation from the Current Offer / Bid up to which the market order can be executed.
13. Buy Now
It will lead to Order Verification page,You can verify the order (for the inputs you made to place the order) before final placement of order.
You can track your order from Order Book. All “executed” orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day).
You can track your order from Order Book. All “executed” orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day).
14. Clear
It will reset/clear the fields entered on the page for you to Re-start fresh.
15. News & Capital Gain
News : It will display news related to Stock/Share entered by you.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.
MarginPlus Buy Sell
1. Fresh Order
The order which is placed for creating the position is called fresh order. The fresh order is always a Market order.
2. Exchange
The next step is to select the exchange in which you want to place an order.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
Select your preferred Exchange.
In this case the NSE or BSE. NSE stands for National Stock Exchange & BSE stands for Bombay Stock Exchange. Most of the shares/stocks are traded on both the Exchanges.
3. Stock
You now need to enter/input Stock code or Stock/Company Name.
Example: if you wish to trade in Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock code.
Note: To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Example: if you wish to trade in Infosys share, just input/type "inf", and a drop down will appear from which you can select the appropriate Company Name / Stock code.
Note: To understand the price trend you can check the price of the stock by clicking 'Get Quote'. This would give you the last traded price, day open, day high, day low price, etc. If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
4. Action
You now need to select Buy option if you are buying stocks or Sell option if you are selling shares through MarginPlus.
5. Quantity & Trading Amount
You can either choose Quantity or Trading Amount
Quantity :
If you choose to take position by selecting quantity, please follow the below steps:
Step 1: Enter the quantity you wish to take the position for.
Step 2: Mention the Stop loss trigger price for the Cover order
Step 3: Click anywhere outside the box, the amount of funds required will be auto populated against the 'Trading Amount' field.
Please note that being a market order the funds requirement may change on submitting the order.
Trading Amount :
If you choose to take position by selecting Trading Amount, please follow the below steps:
Step 1: Enter the amount of funds with which you wish to take the position.
Step 2: Mention the Stop loss trigger price for the Cover order.
Step 3: Click anywhere outside the box, the quantity will be auto calculated.
Please note that being a market order the funds requirement may change on submitting the order
Quantity :
If you choose to take position by selecting quantity, please follow the below steps:
Step 1: Enter the quantity you wish to take the position for.
Step 2: Mention the Stop loss trigger price for the Cover order
Step 3: Click anywhere outside the box, the amount of funds required will be auto populated against the 'Trading Amount' field.
Please note that being a market order the funds requirement may change on submitting the order.
Trading Amount :
If you choose to take position by selecting Trading Amount, please follow the below steps:
Step 1: Enter the amount of funds with which you wish to take the position.
Step 2: Mention the Stop loss trigger price for the Cover order.
Step 3: Click anywhere outside the box, the quantity will be auto calculated.
Please note that being a market order the funds requirement may change on submitting the order
6. Order Type
Market Order : It means you want to get the order executed at the best available market price at the time it is matched with open orders at exchange.
7. Cover STLP Order
The fresh order as defined above creates an open position in the MarginPLUS product. The cover order is an opposite order to close your open position in case the position is into losses. Assuming you have taken a buy position, your cover order will naturally be a sell order. The cover order will compulsorily have to be a cover SLTP (stop loss) order. You also have an optional facility of placing a cover profit order along with the mandatory cover SLTP order.
8. Action
The action is an opposite order by you against your fresh order. For example, if you have placed a buy in Fresh Order, the Cover order would auto populate the action as Sell order.
9. Order Type
This option is auto filled as Limit as you place a Cover STLP order at your desired price.
10. Stop Loss Trigger Price
A Stop loss order allows you to place an order which gets activated only when the market price of the relevant share/stock reaches or crosses a price specified by you in the form of 'Stop Loss Trigger Price'. When a stop loss trigger price (SLTP) is specified in a limit order, the order becomes one which is conditional on the market price of the stock crossing the specified SLTP. The order remains passive (i.e. not eligible for execution) till the condition is satisfied. Once the last traded price of the stock reaches or surpasses the SLTP, the order becomes activated (i.e. eligible for execution by being taken up in the matching process of the exchange) and then on behaves like a normal limit order. It is used as a tool to limit the maximum loss on a position.
Read More
11. Limit Price
The value for Limit Price of your Cover SLTP order will automatically appear in the Limit Price field based on the Stop Loss Trigger Price (SLTP) entered by you and minimum difference % defined for the particular scrip. You can view the minimum difference % for various scrips by visiting the Stock List page under Equity section.Read More
12. Quantity
As this is a Cover SLTP Order, the quantity would remain same as entered in the Fresh Order.
13. View your Limit
Click of "View your Limit" will display your current allocation/limit to trade. You can use “Allocate Funds” link to add/reduce amount allocated for trading from your linked Bank Account.
We recommend you to allocate funds for trading before placing order.
Allocation simply means that you have allocated/kept aside fund for trading purpose (it continues to remain in your linked Bank Account).
You can de-allocate using "Allocate Funds" to use the fund for banking transactions.
We recommend you to allocate funds for trading before placing order.
Allocation simply means that you have allocated/kept aside fund for trading purpose (it continues to remain in your linked Bank Account).
You can de-allocate using "Allocate Funds" to use the fund for banking transactions.
14. Get Quote
This would give you the last traded price, day open, day high, day low price, etc.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
Please check the Last Traded Price, it is also read as Current Market Price.
If you click on the best 5 bid and offer prices, you would get the 5 best bid quantity, best bid price, best offer quantity, and best offer price for both the NSE and BSE.
15. MarginPLUS %
This would give you the Minimum margin required for the particular stock across products.
16. Submit
It will lead to Order Verification page, You can verify the order (for the inputs you made to place the order) before final placement of order.
You can track your order from Order Book. All “executed” orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day).
You can track your order from Order Book. All “executed” orders will also reflect in Trade Book.
Your Portfolio will be updated on T+1 (Trade Date + 1 day).
17. Clear
It will reset/clear the fields entered on the page for you to Re-start fresh.
18. News & Capital Gain
News : It will display news related to Stock/Share entered by you.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.
Capital Gain : It displays Capital Gain status (Qty held for >1 Year and <= 1 Year).
This will display "NIL" if you do not have the same Stock/Share into your portfolio.