Suppose in NSE Equity Segment , I buy 500 shares @100 and 500 shares @101 of Script ABC for intraday. And sell it as follows: 500 @102 300 @103 200 @104 How will the brokerage and other charges be calculated? Will it be on each individual order or will it be calculated on Average Buy Price x No.of Shares and Average Sell Price x No.of Shares.
The only charges that make a distinguishment between Intraday and Delivery trade are:
*STT
*Brokerage
All other charges are a percentage of the total turnover and it wouldn’t matter whether the trade is an intraday trade/delivery trade.
How is STT charged: An explanation is given here: http://tradingqna.com/1786/stt-calculation
How is brokerage charged: It would depend on which brokerage firm you are trading with. If you’re trading with a discount broker, they’d apply % on per order and compute brokerage. If it’s a regular broker, then he’d apply it on the total turnover.