Intraday Stock Price Calculator
Transaction Charges: ₹0.00
SEBI Charges: ₹0.00
Stamp Charges: ₹0.00
Total Charges: ₹0.00
An Intraday Stock Price Calculator is a tool that allows traders to calculate their profits and losses for a potential trade before they execute it. This is important for intraday traders, who often need to make quick decisions based on changing market conditions.
Intraday Stock Price Calculators typically take into account the following factors:
- Buy price
- Sell price
- Number of shares
- Brokerage fees
- Securities Transaction Tax (STT)
- Stamp duty (if applicable)
What is the use of the brokerage calculator?
Brokerage calculators are essential tools for investors and traders who want to understand the costs and charges associated with their trading activities. These calculators typically take into account a variety of factors, including brokerage fees, Securities Transaction Tax (STT), transaction charges, GST, SEBI charges, and stamp duty. By inputting specific details about a trade, users can get an accurate estimate of the total charges they will incur.
Brokerage calculators are particularly useful for traders who engage in frequent trading, day trading, or intraday trading. In these types of trading, even small changes in charges can have a significant impact on profitability. By using a brokerage calculator, traders can make more informed decisions about their trading strategies and manage their costs more effectively.
Here is a more detailed overview of how brokerage calculators work:
- Brokerage fees: Brokerage fees are charged by the brokerage firm for executing a trade. These fees can be either a percentage of the total transaction value or a fixed amount per trade.
- STT/CTT: STT (Securities Transaction Tax) and CTT (Commodity Transaction Tax) are government-mandated taxes that are levied on the purchase or sale of securities and commodities.
- Transaction charges: Stock exchanges may impose additional charges for executing trades. These charges can vary depending on the exchange.
- GST: GST (Goods and Services Tax) is a tax that is applied to most goods and services in India, including brokerage fees and transaction charges.
- SEBI charges: SEBI (Securities and Exchange Board of India) charges are imposed on securities transactions. These charges are used to fund the activities of SEBI, the regulatory authority for the securities market in India.
- Stamp duty: Stamp duty is a tax that is levied on certain types of transactions, such as the purchase or sale of securities. The amount of stamp duty charged can vary depending on the transaction value and the state in which the transaction occurs.
Uses of Intraday Stock Price Calculator online Tool
By using a brokerage calculator, investors and traders can:
- Estimate the total costs and charges associated with a particular trade.
- Compare the costs and charges of different brokerage firms.
- Make more informed decisions about their trading strategies.
- Manage their trading costs more effectively.
Brokerage calculators are a valuable tool for anyone who wants to understand the true costs of trading. By using a brokerage calculator, investors and traders can make more informed decisions and improve their profitability over time.
Formula used for the tool 2023
These are the charges that are applied when you buy and sell any stocks for intraday trading as below, same used for the tool calculations:
|STT/CTT (on the sell side)||0.025%|
|Transaction Charges (NSE)||0.00325%|
|Transaction Charges (BSE)||0.00375%|
|SEBI Charges||₹10 per crore|
|Stamp Charges (on buy side)||0.003% or ₹300 per crore|
- STT/CTT is only applicable on the sell side.
- Stamp duty is only applicable on the buy side.
- The GST rate may vary depending on the state in which the trade occurs.
Suppose you are buying 100 shares of a stock at ₹100 per share through a brokerage firm that charges 0.03% brokerage. The transaction would incur the following charges:
- Brokerage: ₹3
- STT/CTT: ₹2.5
- Transaction charges: ₹0.33
- GST: ₹0.054
- Total charges: ₹6.88
Please note that these are just estimates and the actual charges may vary depending on the brokerage firm, stock exchange, and other factors.