I have transfered shares using easiest from one demat to another.Transfer was perfectly fine,but avg value of shares are showing the value on date of transfer,not my original value.In this way i have lost profits.
In that case where was my profits money gone ? Why new demat is showing new avg values ? I am worried absolutely here.
The cost(purchase price) is registered in the database of new broker is derived at CMP on the transfer date.
That is also because CDSL doesn’t keeps record of your Buy Prices so when you transfer your shares to New Demat, broker recorded the CMP as purchase price.(I’m not sure whether CDSL keeps purchase data or not, but its definitely not accessible for investors)
So its just an accounting adjustment and not realisation of any profits or loss.