Three market indicators you should know – Meaningful Minutes | Kotak Securities®

Investors are not required to write checks while signing up for the IPO. simply write the bank account number and sign on the application form to authorize your bank to make the payment in case of award. don’t worry about the refund as the money stays in the investor’s account.

kyc is a one-time exercise while trading on the stock markets: once kyc is done through a sebi registered intermediary (broker, dp, mutual fund, etc), there is no need for repeat the same process when approaching another intermediary. attention investors avoid unauthorized transactions in your trading account / demat -> update your mobile phone number/email id with your broker/deposit participant. receive your transaction information directly from the exchanges on your mobile/email at the end of the day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from nsdl/cdsl on the same day.” – issued in the interest of investors circular nº: nsdl/policy/2014/0094, nse/insp/27436, bse – 20140901-21

Reading: What are the three indicators of the stock market

Please note that according to nse circulars no: nse/invg/36333 dated November 17, 2017, nse/invg/37765 dated May 15, 2018 and bse circulars no: 20171117-18 dated November 17, 2017, 20180515-39 dated May 15, 2018, the trading of securities in which unsolicited messages circulate is restricted. the list of such actions is available on the nse & USA. In case of any questions, please contact customer service at 18002099191/9292

kotak securities ltd. Composite License No. CA0268 is a corporate agent of Kotak Mahindra Life Insurance Company Limited and Kotak Mahindra General Insurance Company Limited. we have taken reasonable steps to protect the security and confidentiality of customer information.

the stock exchange, mumbai is in no way liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violations, actual or perceived, on the part of us or our partners, agents, associates, etc., of any of the rules, regulations, statutes of the stock exchange, mumbai, sebi law or any other law in force at any time. the stock exchange, mumbai is not responsible for any information on this website or for any services provided by our employees, our servers and us.

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Please do not share your online business password with anyone, as this could weaken your account security and lead to losses or unauthorized transactions. this warning note is in accordance with the exchange circular of May 15, 2020.

note: In order to provide client collateral visibility under sebi regulations, the respective clearing corporations have provided a web portal to allow clients to view their disaggregated collateral placed with the member and as reported by the trading member/clearing member . for more information consult the circulars: ncl; nccl

nsdl and cdsl have assigned unique client codes (ucc) to unmat accounts based on pan, refer nsdl and cdsl circulars. format to link/unlink the ucc:nsdl:link | cdsl: link.

customers should keep all information related to their account up to date including details like email id, mobile number, address, bank details, demat details, income details etc which will help the customer to receive any information and to make use of the various facilities related to the business and bank account. to update the details, the customer can contact our designated customer service or approach the branch for assistance.

Legal Entity Identifier (LEI) introduction for large value transactions: LEI is a 20-digit number used to uniquely identify parties to financial transactions worldwide . rbi has now decided to introduce the lei system for all payment transactions worth ₹50 crore and above made by entities (not individuals) using centralized payment systems, viz. real-time gross settlement (rtgs) and domestic electronic funds transfer (neft). Such customers need to provide us with the lei number to update it in KSL to avoid interruption in future payments when the threshold reaches Rs 50 crore or more. you can check the rbi circular notification. In case of any queries, please contact our designated customer service.

Investor Awareness of Revised Margin Collection Guidelines: Attention Investors:1. Stockbrokers may accept securities as margin from clients only in the form of a pledge in the w.e.f. September 1, 2020. 2. update your mobile number & email id with your broker/deposit participant and receive otp directly from the deposit to your email id and/or mobile number to create engagement. 3. pay an initial margin of 20% of the value of the transaction to trade in the cash market segment. 4. Investors can consult the frequently asked questions (faq) of the stock exchange issued in the vide circular with reference nse/insp/45191 dated July 31, 2020, notification no. 20200731-7 of July 31, 2020 and nse/insp/45534 of August 31, 2020, official letter no. 20200831-45 dated August 31, 2020 and other guidelines issued periodically in this regard.5. check your securities /mf/bonds on the consolidated account statement issued by nsdl/cdsl each month.………. issued in the interest of investors

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Clients are hereby cautioned not to trust unsolicited stock/investment advice circulating via sms blasts, websites and social media platforms. exercise proper due diligence before trading in the stock market.

The requirement to obtain consent via otp has been waived for the off-market transfer reason code “implementation of government/regulatory instructions/orders”. consent via otp will still be required for all other reasons for any off-market transfers. see the nsdl circular.

Impact of covid-19 on customers:-1. Applicable to customers whose email id bounces contract notes and other statements or who have opted for physical contract notes/other statements or physical and digital contract notes/other statements: due to nationwide lockdown , we cannot send physical contract notes and other declarations. to view them, log on to www.kotaksecurities.com2. Please kindly update your email id with us to receive contract notes/various statements electronically to avoid further inconvenience.3. We are unable to issue checking account settlement payments via check due to the blockade. We ask that you update your bank account details to facilitate the direct transfer to your linked bank account. you can come to our designated customer service desk or your branch for the procedure of updating bank details.4. Change Notice: Investors are advised to exercise caution when making investment decisions in these unpredictable times. Clients are also encouraged to monitor the underlying international and physical commodity markets. Clients are advised to transact after understanding the nature of the contractual relationship they are entering into and the extent of their risk exposure. Clients are advised to follow sound risk management practices and not be swayed by rumours, advice, etc. baseless.

under interoperability, kotak securities has selected nse clearing limited (ncl) as its designated clearing corporation for cash and equity derivatives segment transactions and indian clearing corporation limited (iccl) as its designated clearing corporation for transactions of the foreign exchange derivatives segment.

Important update on linking pan-aadhaar: Please note that the deadline for linking aadhaar to pan has been extended to June 30, 2021. Please read the notification here. In case of any query, instant chat with our customer service team or send a whatsapp message to 77389 88888 or email us at kscustomer.communications@kotak.com.

filing complaints about scores: easy & fasta. register on the scoring portal | b. Required Details for Filing Score Complaints i. name, pan, address, mobile number, email id | c. benefits: i. effective communication ii. prompt remediation of grievances

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Category: Stocks