InvestorQ : when I trade on stocks I know what is DP charges but I am not sure if I buy same company stocks on two different days but while selling the stocks I sell them on a single day what would be the DP charges?
Swapnil Rasal made post

when I trade on stocks I know what is DP charges but I am not sure if I buy same company stocks on two different days but while selling the stocks I sell them on a single day what would be the DP charges?

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Ankita Patil answered.
2 years ago
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Depository Participant(DP) charges levied by CDSL(depository) are a charge applicable whenever you sell shares from your DEMAT account. It is similar to how exchanges charge a transaction fee or how brokers charge brokerage. It is levied by the Depository (CDSL and NSDL) and the depository participant (the brokerage your account is with). The charges levied by depositories are the same for all sell transaction charges. The charges are:

Demat transaction charges for CSDL: Rs. 13 plus Rs. 5.50
Demat transaction charges for NSDL: Rs. 13 plus Rs. 4.50

The charges levied by the depository participant will differ according to the brokerage firm. DP charges are levied for the stocks sold from your holdings. For example: If you sell 50 shares of X in the morning and 50 shares of X in the afternoon, the total applicable DP charges for that scrip(stock) for the day will be charged once. If you sell 50 shares of X in the morning and 50 shares of Y in the afternoon, the DP charges will be levied twice since multiple scrips are being sold.

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