Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (3589)	1/27/1999 9:30:00 AM
From: Mohan Marette	Read Replies (3) \| Respond to of 12475

Depository Trading in India-What is it? TRADING IN DEPOSITORY SHARES IN INDIA You have two options available to you when you buy/sell securities in India. Your Indian broker can either trade for you in the "Physical Mode" or the "Depository Mode". If a place a buy order in the "Physical Mode", shares you buy may come in either physical certificate form or in depository form. If you place a "Sell" order, you can sell both physical shares or depository shares in the "Physical Mode". Only Depository shares can be sold on the "Depository Mode". IMPORTANT: Certain shares can be traded only on the Depository. That means that you if you buy, you will receive shares in electronic form (i.e. a credit to your Depository Account and not as a physical certificate. For a List of shares available only in Depository Form, please Click here.. Depository Shares are simply Credit/Debit your "Securities Account" for any securities bought/sold by you. The Depository works just like a Bank and your "Securities Account" works just like your bank "Checking Account". To simplify the concept, listed below are the similarities between a Bank Account and a Securities Account: (Source:Dutt Stock Broking Ltd-Memeber NSE)