hello every one..
am pretty new to share market and in need of some assistance in calculating brokerage charges
am a PIB user
in my E-contract note brokerages are as follows-
1)buy price:68.15
quantity:50
brokerage:2 (qty*borkeragrate i.e 50*.04=2 thats what am assuming)
2)where as in second situation it is cal as
buy price:2439.00
qty:1
brokerage:0.9756( qty*brokeragerate*price) ->this is what i seen in various
posts.
which one is the right way to cal'ate
cal (1) with (2) formula will give a brok' of 1.363
is there any minimum slab for brokerage charges..?
waiting for responce
THANKS IN ADVANCE...
am pretty new to share market and in need of some assistance in calculating brokerage charges
am a PIB user
in my E-contract note brokerages are as follows-
1)buy price:68.15
quantity:50
brokerage:2 (qty*borkeragrate i.e 50*.04=2 thats what am assuming)
2)where as in second situation it is cal as
buy price:2439.00
qty:1
brokerage:0.9756( qty*brokeragerate*price) ->this is what i seen in various
posts.
which one is the right way to cal'ate
cal (1) with (2) formula will give a brok' of 1.363
is there any minimum slab for brokerage charges..?
waiting for responce
THANKS IN ADVANCE...