PehlaTrade

These days stock market is the most attractive mode of investment for investors and traders. With different goals people invest their money by buying stocks of some company and earn returns on their invested capital. There are more than 5000 stocks listed on exchange and each stock need to have some unique set of identification code using which it can be identified. Using these codes traders can easily identify stocks they are looking for and further trade in it using their D emat account and trading account. Meaning of Stock symbol On huge billboard outside BSE and NSE often a ticker is seen which constantly shows bunch of letters and numbers in green or red color. These bunch of letters represents the stock symbol and numbers show their respective stock price. A stock symbol is a unique code which is give to all companies which are listed on the exchange. For example INFY stands for infosys likewise every company has some unique name know as it is stock symbol. H...

Meaning of Stock Split When a company increases its number of outstanding stocks and simultaneously reduce its stock price then it is known as a stock split. Market capitalization remains same here. The total amount of share capital is not changed, the only number of share is changed. With the stock split number of stock gets increased through the proportionate reduction its par value. If there is a stock split of 3:1 then it indicates that investor will get two stocks for every single stock they own but a value of the stock will be reduced by one third. Traders can get details of stocks which they own in their Demat account . Objective of stock split As already discussed stock split does not change the market value of stocks then why actually companies go for it? What are its advantages which company and investor will get from it. Although there are various reasons because of which companies do so but the most important one is that it allows companies to keep its st...

MIS (Margin Intraday Square Off) MIS order types are for intraday traders and need to squared off during the same trading day. It will be activated till that particular trading day only.The biggest advantage of this order type is that while buying shares using it traders need not to pay the entire amount only a margin amount is required to be paid.Because of this feature traders can buy more number of shares with less capital. If in case position is not squared off or converted into other order types by the traders end then it will be automatically squared off by RMS few minutes before the market closes. If you want to strictly trade on intraday basis then you can rely on usage of such order type. As here you need to worry about squaring off your position, it will automatically get squared off before market closes. NRML (Normal Order) NRML order type is used while trading in future market. It is used to carry forward trade orders in derivatives segment. This order type w...