2. What is stock market?
• A stock market or equity market is a public entity for the trading of
company stock(shares) and derivatives at an agreed price.
Stockholders are the legal owners of a corporation
they have a residual claim to all earnings and assets
after debt and tax claims are satisfied
voting rights (e.g., to elect board of directors)
shareholders do not exercise control (elected board
chooses CEO, etc.)
3. Stock Market Securities
Two types of corporate stock exist
Common stock
the fundamental ownership claim in a public
corporation
Preferred stock
a hybrid security that has characteristics of both bonds
and common stock
4. Characteristics of Common Stock
Dividends
payment and size of dividends is determined by the
board of directors of the issuing firm.
Residual Claim
in the event of liquidation, common stockholders
have the lowest priority in terms of any cash
distribution.
Limited Liability
common stockholders losses are limited to the
amount of their original investment in the firm.
Voting Rights
5. Characteristics of Preferred Stock
Similar to common stock in that it represents an ownership
interest but, like bonds, pays a fixed periodic dividend
Senior to common stock but junior to bonds
Generally do not have voting rights
Nonparticipating preferred stock
dividend is fixed regardless of any increase or decrease in
the firm’s value
Cumulative preferred stock
missed dividend payments go into arrears and must be
made up before common stock dividends can be paid
7. SECURITIES AND EXCHANGE BOARD OF INDIA
SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) :
SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) The Securities
and Exchange Board of India was established on April 12, 1992 in accordance
with the provisions of the Securities and Exchange Board of India Act, 1992.
PREAMBLE:The preamble of SEBI describes its basic functions as “…..to
protect the interests of investors in securities and to promote the
development of, and to regulate the securities market and for matters
connected therewith or incidental thereto” :
9. Primary and Secondary Markets Overview
Primary Market
The primary market is that part of the capital markets that deals with the
issuance of new securities.
Companies, governments or public sector institutions can obtain bonds through
the sale of a new stock or bond issue and is typically done through a syndicate
of securities dealers.
The process of selling new issues to investors is called underwriting. In the
case of a new stock issue, this sale is an initial public offering (IPO).
Primary markets create long term instruments through which corporate entities
borrow from capital market.
10. Primary and Secondary Markets Overview
Secondary Markets
(trading of shares among investors)
The secondary market/aftermarket ,is the financial market in which
previously issued financial instruments such as stock, bonds, options,
and futures are bought and sold.
Secondary Markets Characteristics
Trading Locations
Central Exchange
Over-the-counter
Market Structure
Continuous
Call market
11. Stock Exchanges
BOMBAY STOCK EXCHANGE(BSE) :
# Bombay Stock Exchange is the oldest stock exchange in Asia.
# BSE was established as "The Native Share & Stock Brokers' Association" in
1875
# Today BSE is the world’s no. 1 exchange in terms of the number of listed
companies and the world’s 5th in transaction numbers
NATIONAL STOCK EXCHANGE(NSE) :
The National Stock Exchange of India Limited is a Mumbai-based stock
exchange. It is the largest stock exchange in India in terms of daily turnover and
number of trades.
It is mutually owned by a set of leading financial institutions, banks, insurance
companies and other financial intermediaries in India.
NSE is the third largest stock exchange in the world.
12. Stock Exchanges
STOCK MARKET INDEX :
A stock market index is a method of measuring a section of the stock market. An
index has a numerical value When an ‘index’ goes up or down, it reflects an
increase or decrease, respectively, in the total value of those stocks.
BSE SENSEX :
BSE Sensex or Bombay Stock Exchange Sensitive Index is a value-weighted
index composed of 30 stocks that started on January 1, 1986. The Sensex is
regarded as the pulse of the domestic stock markets.
13. Stock markets and the financial risk
• Sometimes the market seems to react irrationally to economic
or financial news. This may 'temporarily' move financial
prices away from their long term aggregate price 'trends'.
(Positive or up trends are referred to as bull markets; negative
or down trends are referred to as bear markets). Over-
reactions may occur—so that excessive optimism (euphoria)
may drive prices unduly high or excessive pessimism may
drive prices unduly low.
15. Sharekhan
COMPONY PROFILE
Name of the company : Sharekhan ltd.
Year of Establishment : 1922
Headquarter : ShareKhan SSKI A-206 Phoenx House,Phenoix
mills Compound lower parel ,Mumbai Maharashtra , INDIA- 400013
Nature of Business : Service Provider
Services :
Depository services
Online Services
Technical Research
Number of Employees : Over 3500
Website : www.sharekhan.com
Slogan : Your Guide to financial jungle.
16. Sharekhan
Sharekhan.com is the finest investment portal for India stock market.
The well designed website provides wide range on investment options,
latest stock market updates and many tools for investors.
Sharekhan offers verity of accounts to suite customer requirement. These
accounts include
Sharekhan First Step Account
Sharekhan ClassicAccount
Sharekhan Trade Tiger Account
Portfolio Mgmt Services (PMS) though Sharekhan Platinum Circle
Account.
17. Sharekhan
Sharekhan Brokerage Charges 2013
Account Opening Fees & Annual maintenance charges (AMC)
Trading Account Opening Charges (One Time): Rs 750 (Classic Account), Rs 1000
(Trade Tiger Account)
Trading Annual maintenance charges (AMC): Rs 400 (First year remains free)
Demat Account Opening Charges (One Time): Included in trading account opening
charges
Demat Account Annual Maintenance Charges (AMC): Rs. 400 (Free for 1st year
with trading account.)
Trading Brokerages
Intra-day Trades: 0.1% on the buy side and 0.1% on the sell side.
Delivery Based Trades: 0.5% or 10 paise per share or Rs. 16/- per scrip whichever
is higher.
F&O Trades: 0.1% on the first leg and 0.02% on the second leg if squared off on
the same day and 0.1% if squared off on any other day.
Options Trades: Rs. 100/- per contract or 2.5% on the premium (which ever is
higher).
18. Sharekhan
Sharekhan Post Paid Plans
Future
Future Leg 2
Margin Scheme Cash Leg 1 Cash Leg 2 Delivery Future Leg1 next Option
same day
day
25 K 0.1 0.1 0.5 0.1 0.02 0.1 Higher of 2.5% of premium or Rs 100
30 K 0.1 0 0.5 0.1 0 0.1 Higher of 2.5% of premium or Rs 100
40 K 0.09 0 0.45 0.09 0 0.09 Higher of 2.25% of premium or Rs 95
50 K 0.07 0 0.4 0.07 0 0.07 Higher of 1.5% of premium or Rs 80
1 Lakh 0.05 0 0.25 0.05 0 0.05 Higher of 1% of premium or Rs 70
3 Lakh 0.04 0 0.2 0.04 0 0.04 Higher of 1% of premium or Rs 50
5lakhs 0.03 0 0.18 0.03 0 0.03 Higher of 0.75% of premium or Rs 40
10 Lakhs 0.02 0 0.15 0.02 0 0.02 Higher of 0.60% of premium or Rs 30
20 Lakhs 0.015 0 0.1 0.015 0 0.015 Higher of 0.55% of premium or Rs 25
19. Sharekhan
Sharekhan Pre Paid Plans
Amount Cash Cash Future Leg Future Intraday Delivery
Period Delivery Future Leg 1 Option
(Rs) Leg 1 Leg 2 2 same day next day transaction transaction
Higher of 2.5% of
Default 0.1 0.1 0.5 0.1 0.02 0.1
premium or Rs 100
Higher of 2.5% of
750 6 months 0.1 0 0.5 0.1 0 0.1 7,50,000 1,50,000
premium or Rs 100
Higher of 2.25% of
1000 6 months 0.09 0 0.45 0.09 0 0.09 11,11,111 2,22,222
premium or Rs 95
Higher of 1.5% of
2000 Annual 0.07 0 0.4 0.07 0 0.07 28,57,143 5,00,000
premium or Rs 80
Higher of 1% of
6000 Annual 0.05 0 0.25 0.05 0 0.05 1,20,00,000 24,00,000
premium or Rs 70
Higher of 1% of
18000 Annual 0.04 0 0.2 0.04 0 0.04 4,50,00,000 90,00,000
premium or Rs 50
Higher of 0.75% of
30000 Annual 0.03 0 0.18 0.03 0 0.03 10,00,00,000 1,66,66,667
premium or Rs 40
Higher of 0.50% of
60000 Annual 0.02 0 0.15 0.02 0 0.02 30,00,00,000 4,00,00,000
premium or Rs 30
Higher of 0.55% of
100000 Annual 0.015 0 0.1 0.015 0 0.015 66,66,66,667 10,00,00,000
premium or Rs 25
200000 Annual 0.005 0.005 0.08 0.005 0.005 0.005 Flat Rs 10 2,00,00,00,000 25,00,00,000
21. Services offered by Sharekhan
SHARE OFFLINE: Sharekhan provides complete trading facility like they
are giving Toll free numbers the phone trading facility as an alternative of
net trading where a customer can call “n” number of times.
Toll Free numbers: 1800-22-7500
1800-22-7050
Local number : 079-30307600 (chargeable)
DERIVATIVES: Derivatives is a product whose derives from the value
of their underline assets.
i.e.:-share, index, bond, rupee- dollar exchange rate, sugar, crude oil
etc.
Futures
Option
- Call
- Put
22. Services offered by Sharekhan
COMMODITIES: Sharekhan provides commodity facility.
Sharekhan trades on two major commodity exchanges in India.
MCX (Multi Commodity Exchange of India Ltd)
NCDEX ( National Commodity & Derivatives Exchange Limited )
PORTFOLIO MANAGEMENT SERVICES:There are two types of PMS in
Sharekhan Limited
PRO PRIME:-
• It uses in-depth independent fundamental research.
PROTECH (Technical)
• It uses Technical research.
23. Services offered by Sharekhan
Currency Trading: Currency trading means to trade in currency of
different countries and price varies because of supply and demand.
Sharekhan is providing offline currency trading facility.
ADVISORY PRODUCT: Sharekhan provide Advisory Products by which
customer can get proper advise for investing their money in proper way by
which they can earn more profit.
1. Top picks Portfolio
2. 123 portfolios
3. Smart Trade Portfolio
4. Derivatives Portfolio
5. Nifty Portfolio
6. Portfolio Doctor
24. Services offered by Sharekhan
FUNDMENTAL RESEARCH:-
Growth Plan Analysis
Company Plan Analysis
Economic Analysis
Balance Sheet Analysis
Valuation Of Company
TECHNICAL RESEARCH
Graph & Chart.
Past Price
Volume data
Going Average
25. Services offered by Sharekhan
DEPOSITORY SERVICES
Sharekhan is one of the depositories.
Sharekhan register on both Depository participant.
• NSDL
• CDSL
26. SWOT Analysis of Sharekhan
STRENGTHS
It is a pioneer in online trading with a turnover of Rs.400crores and more than
3000 peoples working in the organization.
Employees are highly empowered and strong communication network.
Number 1 registrar and transfer agent and dealer of investment products in
India
Good co-operation between employees.
WEAKNESS
Localized presence due to insufficient investments for country wide expansion.
High brokerage charges but now they have overcome this by a new prepaid
scheme in which brokerage is reduced to half.
High employee turnover Lack of awareness among customers because of non-
aggressive promotional strategies (print media, newspapers, etc).
27. SWOT analysis of Sharekhan
OPPORTUNITIES
With the booming capital market it can successfully launch new services and
raise its client’s base.
Marketing at rural and semi-urban areas.
Increasing usage of online trading may boost a whole new breed of investors
for trading in securities.
As interest on fixed deposits with post office and banks are all time low, more
and more small investors are entering into stock market.
THREATS
Lack of sufficient branch-offices for speedy delivery of services.
Increasing number of Competitors.
Constant pressure to be cost competitive to meet customer’s expectations.
Aggressive promotional strategies by close competitors may hamper
ShareKhan’s acceptance by new clients.
28. Motilal oswal
Name of the company : Motilal Oswal Securities Ltd
Year of Establishment : 1987
Headquarter : Mumbai (Maharashtra)
Nature of Business : Service Provider
Services :
Wealth Management
Broking & Distribution
Commodity Broking
Portfolio Management Services
Institutional Equities
Private Equity
Investment Banking Services and Strategies.
Website : www.motilaloswal.com/
Slogan : Solid research solid advice; Knowledge First.
30. Motilal oswal
Motilal Oswal's Trading Platforms
Web Platform:
Web Platform is suited for first time investors who want a clean and simple
interface. Investor can trade from any internet connected PC and place the
order with instant confirmation.
Desktop Platform:
Desktop Platform is suitable for those investors and traders who want live
market watch and faster execution.
Mobile Platform:
Mobile platform works on most GPRS enabled mobile phones. Investor can
directly buy/sell from market watch. It also provides the facility to modify or
cancel the pending orders.
Call N Trade:
Call N Trade Platform is suitable when investor don't have online access to
their trading site. All Motilal Oswal customers enjoy Call N Trade services at
no additional cost.
31. Motilal oswal’s marketing objectives
Motilal oswal securities ltd have very specific marketing objectives and
they are basically as follows:
• Sales
• Maximization of resources
• Minimizing the cost
Sales: To increase the sales of MOSL Mr. Harit Oberoi had started recruiting sales
agent for Motilal Oswal. Agents in the sense that person might be working in any of the
firm but that person should have already created a good network. So that these agents can
do the sales for Motilal Oswal these agents also get the training from Motilal Oswal at
free of cost in the Motilal Oswal’s office. Training including basic equity market and
basic product knowledge. By recruiting new agents MOSL is increasing their sales
because people that are recruited have their personal contacts that they think are capable
of investing in the market. After the sales MOSL have assistant managers (AMs) and HNI
(high networth individuals) working for the MOSL as their paramagnet employees who
bring their customers and increase the sales.
32. Motilal oswal’s marketing objectives
Maximization of resources: In MOSL management uses their AMs (assistant managers)
and HNI (high networth individuals). To use maximum use of their resources MOSL
provide the data of the customers and either by generating from computers or taking data
from some other companies. Some times for the better data and promotion MOSL put
hording and do promotional activity in higher societies or in corporate. These promotional
activities are done by agents and to help them or to assistant managers assist the agents. As
we know that MOSL is concentrated only on high networth clients they provide data of that
clients only who have account have big companies or banks.
Minimizing the cost: For minimizing the cost MOSL had taken several steps such as stop
recruiting new comers or downsizing the staff. They have also started recruiting agents so as
to minimize the cost. MOSL is not paying any fixed salary to the agents but instead of that
they are providing higher incentives then their existing employees i.e. assistant managers
(AMs) or high networth individual (HNI). Management had decided to give 25% to 30% of
business what the sales agents provide to Motilal Oswal. In this way they collect profit of
70% to 75 % and they have done the indirect sales to the agents and can have bulk of clients
through these agents.
33. SWOT Analysis of Motilal oswal
STRENGTH
Wide range of financial products and focus on premium traders
Emphasis is on efficient execution of trades
Strong private equity operations
Have over 1500 offices in India
Financial products and services such as Wealth Management, Broking &
Distribution, Commodity Broking, Portfolio Management Services, Institutional
Equities, Private Equity, Investment Banking Service.
WEAKNESS
Less penetration in developing cities
Lack of advertising causes low awareness amongst investors
34. SWOT Analysis of Motilal oswal
OPPORTUNITY
Growing rural market
Earning Urban Youth looking for investments.
WEAKNESS
Stringent Economic measures by Government and RBI
Entry of foreign finance firms in Indian Market
35. ICICIdirect.com
COMPONY PROFILE
Name of the company : ICICI Securities ltd.
Year of Establishment :1994
Headquarter :ICICI Securities Limited, Mumbai ICICI Centre, H.T.
Parekh Marg, Churchgate, Mumbai - 400 020. India.
Nature of Business : Service Provider
Services : Equity, Derivatives, Currency Futures, IPO, Mutual Funds,
ETF, Fixed Deposits, Loans, Tax Services, New Pension Systems and
Insurance.
Website : www.icicidirect.com/
Slogan :Investment on your finger tips
36. ICICIdirect.com
ICICIdirect is an online trading and investment platform on ICICI
Securities, the largest stock broker firm in India providing a
wide range of investment options to the retail and institutional
customers. ICICI Securities is part of ICICI Group, India's top
financial service provider offering banking and other financial
services.
ICICIdirect.com is the most visited investment portal in India
and by NRI's living across countries. It is one website which
provides options to invest in over 20 financial products including
Equity, Derivatives, Currency Futures, IPO, Mutual Funds, ETF,
Fixed Deposits, Loans, Tax Services, New Pension Systems and
Insurance.
ICICIDirect Trades In: BSE and NSE
37. ICICIdirect.com
ICICIDirect Brokerage Charges 2013
Trading Account Opening Charges (One Time): Rs. 975
Trading Annual maintenance charges (AMC): Rs 0latest brokerage information on
ICICIDirect website.
Demat Account Opening Charges (One Time): Rs. 100 (for Agreement Stamp Paper)
Demat Account Annual Maintenance Charges (AMC): Rs. 500 (Rs 0/- for 1st year with
3 in 1 Account)
Other Demat Service Charges & Fees
I - Saver Plan I - Secure Plan
Total Eligible Turnover Effective Brokerage on Total Eligible Turnover Effective Brokerage on
Brokerage (%) Brokerage (%)
(Per calendar Quarter) Intraday Squareoff (Per calendar Quarter) Intraday Squareoff
Above Rs. 5 Crores 0.25 0.125% Irrespective of turnover 0.55 0.275%
Rs.2 Crores to 5 Crores 0.30 0.150%
Rs.1 Crores to 2 Crores 0.35 0.175%
Rs.50 Lakhs to 1
0.45 0.225%
Crores
Rs.25 Lakhs to 50
0.55 0.275%
Lakhs
Rs.10 Lakhs to 25
0.70 0.350%
Lakhs
Less than Rs.10 Lakhs 0.75 0.375%
38. ICICIdirect.com
ICICI offers 2 types of brokerage plans to its customer:
I-Secure Plan (Flat brokerage Plan)This plan offers Flat Brokerage (in
%) irrespective of turnover value. This plan is suitable for traders /
investors looking at secured and fixed brokerage.
I-Saver Plan (Variable brokerage plan)This plan offers brokerage
based on the trading volume i.e. high brokerage for low volume and low
brokerage for high volume trades. This plan suitable for traders / investors
who trade in high volumes and can benefit from low brokerage.
39. Schemes for promotion
Distinguishing Features of ICICIDirect:
3-1 account offers great flexibility and worry free transaction between Bank
Account, Demat Account and Share Broker Account. Also the website
(ICICIDirect.com) has wide ranges of investment products available. This makes
investing easy.
"myGTC Orders" is a unique and a very useful feature offered by ICICIDirect.
Using this facility, when placing a buy/sell order, a share trader can specify the
date until when the order will be valid. GTC is short form of 'Good Till Cancel'.
For example – You can place an order to buy Reliance Industries shares at Rs 700
(say current market price is Rs 750) and keep the myGTC date, say, one month
from now. In this case you order will be valid for next one month at Rs 700. If the
share reaches at this price in next one month, the order will automatically execute.
It's a hassle free service which helps a lot to many of the investors who has a price
in mind and do not want to miss the opportunity to buy/sell share when it reaches
to that price.
40. SWOT Analysis of ICICIdirect.com
Strengths
Management philosophy and commitment to maximize shareholders returns.
Upgraded product design and development facilities to develop new products
and aid diversification.
Ongoing activities to support up gradation of operational performance and rise
in productivity.
Team of talented and committed professionals available to improve
companies performance .
Weakness
Competition from cheap imports.
Low customer base.
41. SWOT Analysis of ICICIdirect.com
Opportunities
UFSL has initiated development of products for diesel
application. This will provide tremendous scope for diversification
and growth.
The introduction of new emission norms will provide UFSL
opportunity to develop injection system and thereby upgrade the
status of company from product to system supplier.
Threats
Constant pressure to be cost competitive to meet customer
expectation.
Relentless pressure to maintain profitability due to rising input
/raw material prices.
42. Kotak Securities
COMPONY PROFILE
Name of the company : Kotak Securities ltd.
Year of Establishment :1994
Headquarter :Mumbai (Maharashtra)
Nature of Business : Service Provider
Services : Trading in Equity & Derivatives, Investment in IPO's,
Mutual Funds, Fixed Deposits, Bonds and many more share market
related investment products.
Employees 4,400
Website : http://www.kotaksecurities.com
43. Kotak Securities
Kotak Securities is a full services broker part of popular India
based Kotak Mahindra Bank. The bank has over 1400 branches
across India servicing more than 8 lakh customers.
Kotak Securities Limited is among the largest traditional broker in
India providing wide range of investment options to its customers
including Trading in Equity & Derivatives, Investment in IPO's,
Mutual Funds, Fixed Deposits, Bonds and many more share
market related investment products.
44. Kotak Securities
Kotak Securities Brokerage Charges 2013
Account opening fees:
Trading Account Opening Charges (One Time): Rs 750
Trading Annual maintenance charges (AMC): Rs 0
Demat Account Opening Charges (One Time): -
Demat Account Annual Maintenance Charges (AMC): Rs 600 per annum
Trading Brokerages:
Kotak Gateway (Variable Brokerage) (* All charges are on both sides)
Delivery Based Trades Brokerages: 0.59% - 0.18% (For trading amount of '< 1lakh' to '> 2
crore')
Intra-day Trades Brokerages: 0.06% - 0.03% (For trading amount of '< 25 lakhs' to '> 5 crore')
F&O Trades Brokerages (Intraday): 0.07% - 0.023% (For trading amount of '< 2 crores' to '> 25
crores')
F&O Trades Brokerages (Settlement): 0.09% - 0.032% (For trading amount of '< 2 crores' to '>
25 crores')
Options Trades: Rs. 100/- per lot
Kotak Gateway (Fixed Brokerage) (* All charges are on both sides)
Delivery Based Trades: 0.49%
Intra-day Trades: 0.049%
Futures Trades: 0.049%
Options Trades: Rs. 100/- per lot or 1% on premium which ever is higher
45. Kotak Securities
Kotak Securities Demat Account Charges:
Sr Account Head Rate Minimum Payable
Rs.50/- per request and
1 Dematerialisation --
Rs.3/- per certificate
2 Rematerialisation Rs.10/- for 100 shares Rs. 15/-
0.04% of the value of
Debit Transactions - On Rs. 27/- (Plus NSDL
3 securities (Plus NSDL
Market and Off Market charges as applicable)
charges as applicable)
•Account Maintenance
•Rs. 50/-per month
4 ChargesResident Indian --
•Rs. 75/-per month
•NRI
0.05% of the value of
5 Pledge Charges Rs. 30/-
securities
0.04% of the value of
6 Invocation of Pledge Rs. 30/-
securities
Charge for Client Master
7 Rs.25/-
change intimation
46. Kotak Securities's Trading Platforms
Kotak Securities offers multiple trading platforms to suite investor's requirement. Following
are the trading platforms available by Kotak Sec:
Website Based Trading – A stock trading website which can be accessed though any
popular Web Browser. This is the most convenient and popular way to invest with Kotak
Securities. Kotak also offers a light weight trading website 'Xtralite', which can be used by
investors with slow speed internet.
Trading Terminals (KEATProX and FASTLANE) – Kotak offers two different trading
terminal based application which are very popular among stock traders. KEATProX is an
exe based installable desktop application providing fastest trading experience. FASTLANE
is a Java applet based application which gives you a trading terminal kind of experience
without any installation on your computer. FASTLANE gives KEATProX like features and
the benefits of website based trading as it can be access from anywhere though web
browser.
Mobile Stock Trading – Kotak offers high speed mobile based application to trade in Stock
Market. Through this mobile app, a customer can Execute Trades, Monitor Portfolio, View
Streaming Quotes and Intraday Charts.
Branch Advisory and Call & Trade – Kotak also offers trading facility though its 1400+
branches and though call centers using call & trade facility.
47. SWOT Analysis of Kotak securities
STRENGTHS
Kotak securities ltd is one of the largest players in distribution of IPO’s
It’s brokerage charges are almost half of other Web trade.
Highly co-operative and skilled staff. Sales oriented organization.
Effective and wider distribution network.It has a wide network of more than
1400 branches, franchisees representative offices, and satellite offices across 448
cities in India and offices in New York,London, Dubai, Mauritius and Singapore.
Process more than 400000 trades a day which is much higher than some of 55.
48. SWOT Analysis of Kotak securities
WEAKNESS
No presence in the rural and semi-urban segment.
Lack in making follow-ups.
Lack of corporate agents.
Lack of customer services and promotional activities.
OPPORTUNITIES
There is continuous growth in this sector.
People have started turning towards the organization as they know that
facilities are far better than the others.
Market is fully vacant to capture because the branch has recently setup its
business.
49. Comparison & Rating
Sharekhan Motilal oswal Icicidirect Kotak
securities
Type of Full Service Full Service Full Service Full Service
Broker Broker Broker Broker Broker
Supported BSE, NSE, BSE, NSE, BSE, NSE, BSE, NSE,
Exchnage MCX, MCX, NCDEX MCX MCX-SX
NCDEX,
NSEL
Account Classic Margin 10,000 3-in-1 Account Kotak
Type Account (I-Secure Gateway -
Plan) Fixed
Brokerage
Broker
Enquiry
51. Customer Service Offered
Sharekhan Motilal oswal Icicidirect Kotak
securities
Email Support
Online Live Chat
Phone Support
Toll Free Number
Through
Branches
