As a member of NSE, in Capital Market Segment, Novel Securities Pvt. Ltd. provides exposure to the equity trading (also known as Secondary Market Operations). It is the term that refers to activity of buying and/or selling of existing equity and/or preference shares, issued by any of the listed public companies, on the platforms of one or more recognized Stock Exchange(s). By enrolling as a client with group Share India, a client may avail of the opportunity to trade on any of these Stock Exchanges.
An investor may involve himself into Equity Trading for one or more below-listed reasons
Generation of capital gains by making investments for a tenure exceeding one day
Procurement of corporate benefits like Dividends, Bonus Shares, Right Shares etc.
Generation of speculative gains by executing jobbing transactions i.e. the transactions which are squared-up on the same day
Besides others, Equity Trading has following important distinctive features
The possibility and quantum of gains as well as losses that may arise out of equity trading are unlimited
The holders of equity shares are treated as part owners of the respective companies, for all practical purposes
Gains arising out of shares which are held for more than 1 year as well as Dividend Incomes are absolutely tax-free
Gains arising out of shares, which are held for less than 1 year, are & taxed at a highly concessional rate of 15% and
Equity Trading can legally be done only through a SEBI registered broker/Sub-broker/Authorised Person.