Fortune Money Advisory - Wealth Multiplier
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Equity Broking , Derivatives Broking, Commodity Broking, Depository Services, Retail Asset, Life and General Insurance, Distribution of Mutual Funds, Wealth Management Services, Investment Advisory Services, IPOs, Bonds, Currency Trading, Global Products
Please read carefully Important changes in Margin Rules.
SEBI Margin Rule Explained...
SEBI has changed some rules related to margin and trading.
1) Buying and selling of shares will Require Upfront margin from now onwards.
Eg : If you want to buy Reliance shares worth 1lakh, you must have 20k Rs in your account as cash and rest money to be paid within 2 days...
ππ» Major Change If you want to sell 1 lac worth of Reliance shares from your holdings for that scenario also you must have min 20k rs in your account. Failing which penalties will be levied.
ππ» Read Carefully... Selling from holding will also require Upfront margin in cash (Var+ELM).
You can keep extra cash or can pledge other holdings for the stipulated margin required.
2) Shares bought today cannot be sold Tomorrow.
ππ»ππ»ππ»ππ»
BTST Closed
Eg You bought Reliance On Monday. You can only sell those shares after recieving the delivery of shares. T+2 you can sell on Wednesday.
You can only sell the shares after you receive in Your DP/only after receiving the delivery of shares.
3) Shares Sold Today from delivery..... the funds cannot be used for new trades today. You can use the funds for new trades the next day.
Eg:π You sold 100,000 Rs worth of Reliance's shares today.
ππ»You cannot use this money to buy fresh shares of other companies.
No changes In options and Futures Rules for Now Till further Notice
Please note that
All the changes are Made By SEBI. Brokers are only following the new rules.
08/29/2020
Another chance for Gold investors ...
08/01/2020
Gold Bonds can be a good bet.. For more info contact me 9016091998
07/29/2020
So be safe and feel safe get yourself insured for any help contact me ..
07/27/2020
Please get your self Insured.
07/26/2020
In this time of uncertainty we advice to buy Pure Term Insurance . Get protection to your Family Before it gets too late..
Buy AstraZeneca at cmp - 3393
Target - Rs 3750 , time frame - A month
Highlights - Their parent firm have collaborated with oxford university in the covid vaccine development , human trials are underway.
07/26/2020
LIC IPO !!
07/26/2020
LIC IPO
LIC IPO: 11 in the race as financial bids for pre-IPO Transaction Advisors opens today The government will open financial bids today for the appointment of pre-IPO Transaction Advisor for the listing of Life Insurance Corporation of India (LIC) through IPO.Get latest Business online at cnbctv18.com
02/06/2018
Free fall stay away from the markets.
Rs 5 LAKH CR GONE IN SECONDS: Whatβs driving this mad selloff in equities
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01/09/2018