Depasitoary

When u buy shares or sell the shares, the transaction goes through a specific medium. The Depository Services provider settles the trade or transactions u make in stock markets. The depository is linked with Exchange boards like NSE,BSE and few others. Like banks, even the depository service providers have a clearing house where at the end of the day all the buying n selling settlements takes place between buyers n sellers through stock brokers.

Depository is a company which holds the shares you purchase. Right now there are 2 depository companies. NSDL (National Securities Depository Ltd) & CDSL ( Central Depository Services Ltd.) 

And a depository participant is an institution which acts as an agent between an investor and Depository servie provider. It can be a stock broker, a bank or any NBFC.

There are few other interesting points i would like to discuss regarding depository participants and depository services providers. If the readers here show good response, i would continue to share more knowledge on this.

 

 

Brokerage varies from broker to broker & also depends upon the amount of transaction..

U can make it easily by urself according to the applicable brokerage rate for u..

  

even other charges also varies..

 

Stamp & Other charges are most important to consider than brokerage