How auction rate penalty is calculated?
There are two scenarios while calculating the auction
rate for the penalty.
(i) Internal Auction- The logic for calculating
penalty by 5paisa Capital Ltd. T+2 Closing Price + 7% or Highest Traded price
between T and T+1 day whichever is higher.
(ii) Market Auction: Valuation price is calculated for
the penalty by Exchanges. The logic of the price is Highest trade price between
T & T+1 day or Official auction marketing closing price on T+2 + 20%
whichever is higher.
Note: As a rule internal auction is applied first and
the balance goes to market auction.
How auction affects my Portfolio and Profit & Loss?
In Portfolio and Profit and loss, sell entry for the buyer, and subsequent buy entry for seller shall be created with the auction valuation price. PNL will be calculation with their original transaction. For example, 100 shares of Reliance Industries ...
How Auction works in case of BTST?
Clients buying shares and selling the same on the next day or day after is known as BTST trades (Buy Today Sell Tomorrow). These trades are prone to auctions. For example, if client ABC buys 100 reliance shares on Monday and sells the same on ...
What is the rate of interest charged on the loan amount?
The rate of interest varies from 12.75% to 33.75% depending on the documents submitted and the loan amount applied for by the customer. Interest is calculated by the reducing-interest rate method. In this method, interest is calculated only on the ...
How are the interest rates calculated in Margin Plus (funding at 5paisa)?
Below are a few examples to illustrate how interest will be calculated Cash Segment Example 1: Suppose you have Stocks worth Rs.2Cr. In your Demat account, an available ledger balance of Rs.15Lac. Here your Networth will be Rs.2.15Cr. Stocks in Demat ...
What is Periodic Call Auction?
The Securities and Exchange Board of India (SEBI) introduced the concept of Periodic Call Auction (PCA) with the aim of mitigating volatility in illiquid stocks. As per the National Stock Exchange (NSE), trading in illiquid stocks in the equity ...