Share market basics
The legal document your broker sends after each trading day listing every trade, its price, brokerage, taxes and charges.
A contract note is the official record your broker must send you, usually by email, after every day you trade. It lists each order executed, the exchange, the quantity, the price, the time, and the full breakdown of charges: brokerage, STT, exchange transaction charges, SEBI turnover fee, stamp duty and GST. It is your proof of the trade if there is ever a dispute, and it is what you use to compute capital gains for tax. Read it at least the first few times. Many beginners are surprised to find that a ₹40 brokerage day actually cost ₹150 after all the levies. Say you bought 50 SBI shares at ₹800; the contract note shows the ₹40,000 trade value and every rupee added on top. Keep contract notes with your records, and match them against your trading journal.
VideoA share is a portion of a company. The share market is where those portions change hands. Here is how it works, what you can trade in it, and why most people who trade actively lose money.
VideoThe share market runs on two activities that look alike and are nothing alike. Investing is owning a business for years. Trading is profiting from price moves over hours or weeks. Mixing them up is behind most early losses.
VideoTrading comes in a few distinct forms, and the one you pick decides how much time, capital and stress it takes. This lesson explains intraday, swing, positional, futures and options trading with Indian examples.
