Sharekhan is a full-service stockbroker, that is known for offering the best services in the broking industry, but when it comes to charges, does it offer any kind of relaxation? Well, for this, let’s have a look at the Sharekhan intraday charges.
For this, let’s take an example. Suppose there is a trader X who traded in multiple stocks A, B, and C. The transaction and turnover value for each are as follows:
Intraday Trading Turnover
Value per share
Number of Shares
Buy Price: ₹540
Sell Price: ₹560
Buy Price: ₹126
Sell Price: ₹120
Buy Price: ₹345
Sell Price: ₹370
Here summing up the values, the total turnover value is ₹2,06,100.
Now let’s see how much brokerage Mr. X has to pay.
Total turnover value of Share A= ₹1,11,00
Brokerage= 0.03%*1,11,000 =₹33.30
Total turnover value of share B= ₹24,600
Brokerage= 0.03%*24,600 =₹7.38
Total turnover value of share C= ₹71,500
Total brokerage= ₹(33.30+₹7.38+21.45) =₹62.13
Now, this is the charge levied by a broker on the trader executing intraday trades using their trading platform. Apart from this, there are exchange fees, SEBI charges, transaction costs, and a few taxes imposed by state and central government.
The details of these charges are given in the table below:
Now evaluating the total brokerage along with other charges mentioned above, is quite complex. But what if you are able to gain a lump sum idea of the brokerage charges before executing the trade.
Isn’t it would be great!
Now you can get it done with the Sharekhan brokerage calculator. In the calculator, you just have to enter the buy value and sell value along with the quantity and you can get an idea of total intraday charges along with the idea of profit and loss in a trade.
Sharekhan comes up with some customized brokerage charges for its customers too. With the seamless trading experience using its trading platforms, you can also reap the benefit of trading at the minimum cost.
Get to know more about the broker and fill in the form below to open a demat account online. We have a team who will provide you with all the knowledge and assist in account opening online.