Market Snapshot
  • BSE Sensex: 82530.74 1.48%
  • BSE 500: 35836.63 1.31%
  • BSE 200: 11302.31 1.37%
  • BSE 100: 26159.91 1.44%
  • BSE MidCap: 44625.55 0.67%
  • BSE SmallCap: 50450.47 0.94%
  • BSE BANKEX: 63063.5 1.11%
  • BSE IT: 37664.76 1.25%
  • Nifty 50: 25062.1 1.60%
  • Nifty 500: 22788.8 1.29%
  • Nifty 200: 13865.8 1.37%
  • Nifty 100: 25573.05 1.51%
  • Nifty Midcap 100: 56530.85 0.70%
  • Nifty Small 100: 17239.95 0.54%
  • Nifty IT: 38293.8 1.16%
  • Nifty PSU Bank: 6621.65 0.18%
News:
  • Divis Lab Q4 PAT climbs 23% Yo...
  • GPT Infra Q4 PAT climbs 50% Yo...
  • Nesco Q4 PAT slides 16% YoY to...
  • Care Ratings reaffirms CD rati...
  • Texmaco Rail posts over 13% Yo...
  • Euro to INR: 95.69 0.96%
  • Pound to INR: 113.61 0.85%
  • Yen to INR: 0.59 1.80%
  • Dollar to INR: 85.50 0.48%
My Portfolio:

Advantage AxisDirect

AxisDirect is offering the following products to its NRI clients.

Equity Trading: NRIs are offered equity trading on pure delivery basis (CASH) on both National Stock Exchange (NSE) as well as Bombay stock exchange (BSE).-NRIs can invest in IPOs offered by Indian companies online without having the need to fill up lengthy forms and issuing cheques.

Equity SIP:

Equity Systematic Investment Plan (Equity SIP) provides you an opportunity to invest in your preferred stocks at regular intervals. You can choose to invest in Daily,Weekly,Fortnightly or in Monthly manner . It will help you minimize the uncertainty of the stock market fluctuations.

Exchange Traded Funds (ETFs) :

Trade on wide range of ETFs listed on NSE & BSE. It is available under various categories: Index, Gold, Infrastructure, Bank, PSU etc.You can trade in ETFs through your Repatriable (NRE) or Non –Repatriable (NRO) Non PIS Account.For more details, please read FAQs in the NRI section

Mutual Funds :

Transact in mutual funds offered by leading AMCs in India distributed by AxisDirect through internet or phone. We offer a unique proposition to invest through Distribution and Exchange channels for lumpsum purchase and redemption. You can also create systematic investment plans in mutual funds through the Distribution channel.

Subscribe for IPOs/FPOs : 

Easier way to participate in the primary market issues. IPO is initial public offering. When a company raises funds by floating its shares to the public for the first time, it is known as IPO. IPO is floated in the Primary market. Make online applications to IPOs/FPOs through AxisDirect without having the hassle of paperwork

Derivatives :

The term ""Derivative"" indicates that it has no independent value, i.e. its value is entirely ""derived"" from the value of the underlying asset.

'Futures’ and ‘options’ are two most common traded types of derivatives 

Futures contract is a type of derivative instrument, or financial contract, in which two parties agree to transact a set of financial instruments for future delivery at a particular price. If you buy a futures contract, you are basically agreeing to buy something that a seller has not yet produced for a set price.

An option is a contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date. An option, just like a stock or bond, is a security. It is also a binding contract with strictly defined terms and properties.

You can trade in Derivatives through your NRO NON PIS Account only.

Futures :

1. Stock/Index Futures are contracts that enable you to buy or sell a specified quantity of stocks or index, called underlying, on a future date which is termed as the expiry date of the contract. 

2. The contract value is based on the value of the underlying stocks or index; futures prices follow a similar trend as the underlying stock price.

3. Futures transactions are margin based transactions. So, you can enjoy the benefits of leverage on your position till the expiry date. You can trade in futures to bargain on stocks or hedge your transactions in stocks. 

4. You can take buy/sell positions in index or stock contracts expiring in different months. 

5. Buy/sell position in the futures segment can be continued till the expiry of the respective contract and squared off any time during the contract life. 

6. In case you have stocks in your demat account, you can hedge your position by selling the future. If the stock price decreases, the future price will also decrease. In such a situation, your stocks value will decrease leading to a loss. But the future position will make profit and thereby limit the loss.

Intraday Futures :

Intraday futures is a facility, which allows you to take Buy/Sell position in Futures with the intention to square up the same on the same day.

Benefit from lower transaction charges on futures trades that are squared off within the same day using intraday futures.The features of Intraday Futures are: 

1. Margin requirement is less than regular Futures contract giving you more leverage by allowing you to trade in higher volumes.

 Example: You buy 1 lot of Axis Bank (Lot size : 250 @ Rs.1500) in Intraday. The funds required to be hold marked will be approximately 15% of the total order value. So, the margin blocked for this trade would be Rs.56250 {(250 * 1500)*15%} 

2. Intraday Futures position can converted to regular Futures position by hold marking  additional funds.                 

Options

Key Features :

1. An option is a contract written by a seller who gives to the buyer the right — but not the obligation — to buy (in the case of a call option) or to sell (in the case of a put option) a particular asset,or shares of stock or some other underlying security at a particular price (Exercise Price) at a given time in the future. In return for granting the option, the seller collects a payment (the premium) from the buyer.

2. If the contract deal is in favour, the buyer can exercise the right and benefit in an unlimited way but if the deal is out of favour, the loss is restricted to the premium amount already paid at the time of entering the contract.

3. You can take buy/sell positions in index or stock contracts expiring in different months. Buy/sell position in the options segment can be continued till the expiry of the respective contract and squared off any time during the contract life.

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