National Stock Exchange of India Limited
Tel : 91 22 2659 8100 to 114
Fax : 91 22 2659 8120
Representatives
Chairman : Dr. Vijay L Kelkar
Managing Director and Chief Executive Officer : Mr. Ravi Narain
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Types of Securities Traded |
Name of Trading Systems (cash and derivatives) |
Trading Hours |
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· Cash Market
Ø Equity & Preference Shares Ø Debentures Ø Warrants Ø Exchange Traded Funds Ø Mutual Funds Ø Government Securities Ø IDR
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· Cash Market
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Ø Pre-open Session Order Entry period: 09:00 AM to 09:08 AM (*) (*) Random closure on last one minute. Order matching and trade confirmation will start immediately after completion of order entry period.
Ø Normal Market/ Limited Physical Market /Retail Debt Market : 09:15 AM To 3:30 PM
Ø Closing Session : 3:40 PM to 4:00 PM
Ø Auction Market: 2:00 PM (30 minute solicitor period for each security)
Ø Block Trade session: 09:15 AM to 9:50 AM
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· Futures and Options Market
Ø Futures on single stocks Ø Options on single stocks Ø Futures on equity indices Ø Options on equity indices Ø Futures on Foreign Indices Ø Options on Foreign Indices
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· Futures and Options Market
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Ø Normal Market: 09:15 AM To 3:30 PM
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Ø Currency Derivatives Market
Ø Currency Futures Ø Currency options Ø Government bond Futures Ø Treasury-Bill Futures
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Ø Currency Derivatives Market
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Ø Normal Market: 09:15 AM To 5:00 PM
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Supervisory Body
Securities and Exchange Board of India
Name of Clearing & Settlement Organization
National Securities Clearing Corporation Ltd.
Settlement Cycle
T + 2
Name of Central Securities Depository
National Securities Depository Ltd. & Central Securities Depository Ltd.
Commissions on Transactions levied by Exchange
Please refer to attached excel for the details of transaction charges charged to trading members :
| SUMMARY OF TRANSACTION CHARGES FOR CM SEGMENT | |||
| Serial No. | Circular Dates | Circular Reference/Details | Txn Charges Rates |
| 1 | Sept 07,2009 | NSE/F&A/13028(w.e.f October 01, 2009) | |
| Total traded value in a month | per lac of Traded Value | ||
| upto First Rs.1250 crores | Rs.3.25 each side | ||
| More than 1250 crores upto Rs.2500 crores(on incremental volume) | Rs.3.20 each side | ||
| More than 2500 crores upto Rs.5000 crores(on incremental volume) | Rs.3.15 each side | ||
| More than 5000 crores upto Rs.10000 crores(on incremental volume) | Rs.3.10 each side | ||
| More than 10000 crores upto Rs.15000 crores(on incremental volume) | Rs.3.05 each side | ||
| Exceeding Rs.15000 crores(on incremental volume) | Rs.3.00 each side | ||
| SUMMARY OF TRANSACTION CHARGES FOR F&O SEGMENT | |||
| Serial No. | Circular Dates | Circular Reference/Details | Txn Rates |
| 1 | February 25 2005 | NSE/F&A/5876(w.e.f March, 2005) | |
| Options transaction charges on premium value | Rs 50/- per lakh on premium value(each side) | ||
| 2 | September 07 2009 | NSE/F&A/13029(w.e.f 01st Oct, 2009) | |
| Total Traded Value in a month | per lac of Traded Value | ||
| Up to first Rs.2500 Crore | Rs.1.90 each side | ||
| More than Rs.2500 crores up to Rs.7500 crores (on incremental volume) |
Rs.1.85 each side | ||
| More than Rs.7500 crores up to Rs.15000 crores (on incremental volume) |
Rs.1.80 each side | ||
| More than Rs.15000 (on incremental volume) | Rs.1.75 each side | ||
| SUMMARY OF TRANSACTION CHARGES FOR WDM SEGMENT | |||
| Serial No. | Circular Dates | Circular Reference/Details | Txn Rates |
| 1 | April 1, 2011 | NSE/WDM/17407(wef 01/04/2011) | Waiver of transaction charges for the period 01st Apr 2011 to 31st March 2012 |
| SUMMARY OF TRANSACTION CHARGES FOR CD SEGMENT | |||
| Serial No. | Circular Dates | Circular Reference/Details | Txn Rates |
| 1 | August 12 2011 | NSE/F&A/18608(w.e.f. August 22, 2011) | |
| 1.Currency Futures Contracts | |||
| Total Traded Value in a calendar month per member | Transaction Charges (Rs. per lakh of Traded Value) | ||
| Up to first Rs.2500 Crores | Rs.1.15 each side | ||
| More than Rs.2500 crores up to Rs.7500 crores (on incremental volume above Rs.2500 crores) |
Rs.1.10 each side | ||
| More than Rs.7500 crores up to Rs.15000 crores (on incremental volume above Rs.7500 crores) |
Rs.1.05 each side | ||
| More than Rs.15000 (on incremental volume above Rs.15000 crores) | Rs.1.00 each side | ||
| 2.Currency Options Contracts | |||
| Premium Value in a calendar month per member | Transaction Charges (Rs. per lakh of Premium Value) | ||
| Up to first Rs.250 Crores | Rs.40 each side | ||
| More than Rs.250 crores up to Rs.500 crores (on incremental volume above Rs.250 crores) |
Rs.35 each side | ||
| More than Rs.500 crores (on incremental volume above Rs.500 crores) |
Rs.30 each side | ||
Taxes on Dividends, Interests
Interest is taxable at the normal applicable tax rates. Refer to below summary for dividends:
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Dividend Distribution Tax is payable by |
Tax Rate |
Dividend Income in the hands of the recipient |
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Domestic Company |
16.2225% (15%+surcharge @ 5% + education cess @ 3%) |
Exempt |
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Equity Oriented Fund |
Nil |
Exempt |
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Money Market Fund or Liquid Fund |
- if recipient is individual or HUF - 27.0375% (25%+surcharge @ 5% + education cess @ 3%) - if recipient is others 32.445% (30%+surcharge @ 5% + education cess @ 3%) |
Exempt |
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Other Funds |
- if recipient is individual or HUF - 13.51875% (12.50%+surcharge @ 5% + education cess @ 3%) - if recipient is others 32.445% (30%+surcharge @ 5% + education cess @ 3%) |
Exempt |
2011 Share ownership thresholds (%)
Short selling (Yes / No)
Please refer attached circular of SEBI (click on this link)
Short selling conditions (if any)
Please refer attached circular of SEBI (click on this link)