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How the Maharashtra elections could influence the Indian stock market?

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The summary clearly analyzes how the Maharashtra elections could influence the Indian stock market. It touches on crucial points: Policy Continuity vs. Uncertainty : Markets favor predictability. A BJP-led victory will likely ensure ongoing policies focused on infrastructure, which investors see positively. Conversely, shifting to Congress-led governance might introduce temporary uncertainty as markets evaluate potential policy changes. Sectoral Shifts : Maharashtra's economic importance means election outcomes could directly impact key sectors. For instance, infrastructure and real estate might react based on government priorities and policy directions. FPI Activity and Market Trends : The pullback by FPIs in recent months highlights global factors, but local political clarity—especially favoring business-friendly governance—could help stabilize market sentiment. Broader global market trends remain critical in shaping overall movements. ALSO READ,  Benefits of Tax plan

ZERODHA : List of all charges and taxes.

    ZERODHA CHARGES FOR EQUITY 
    


ZERODHA CHARGES
EQUITY DELIVERY
EQUITY INTRADAY
EQUITY FUTURES
EQUITY OPTIONS
BROKERAGE
Zero Brokerage
0.03% or Rs. 20/executed order whichever is lower
0.03% or Rs. 20/executed order whichever is lower
Flat Rs. 20 per executed order
STT/CTT
0.1% on buy & sell
0.025% on the sell side
0.01% on sell side
0.05% on sell side (on premium)
TRANSACTION CHARGES
NSE: 0.00325%
BSE: 0.003%
NSE: 0.00325%
BSE: 0.003%
NSE:
Exchange txn charge: 0.0019%
NSE:
Exchange txn charge: 0.05% (on premium)
GST
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
SEBI CHARGES
₹5 / crore
₹5 / crore
₹5 / crore
₹5 / crore
STAMP CHARGES


Charges for account opening


Type of account
Equity (for trades on Equity, F&O and Currency)
Equity (for trades on Equity, F&O and Currency) and Commodity (MCX)
Online account
₹ 200
₹ 300
Offline account
₹ 400
₹ 600
NRI account (offline only)
₹ 500
N/A
Partnership, LLP, HUF, or Corporate accounts (offline only)
₹ 500
₹ 800



Charges for optional value-added services


Service
Billing Frquency
Charges
StockReports+
Monthly / Bi-annually / Annually
150/810/1440
Screener
Monthly / Quarterly / Bi-annually / Annually
100/285/540/960
Smallcase
Per transaction
100
Sensibull
Monthly
Free: 0 | Lite: 800 | Pro: 1300
Streak
Monthly
Basic: 500 | Premium: 900 | Ultimate: 1400
Kite Connect
Monthly
Connect: 2000 | Historical: 2000
Pi Bridge
Monthly
500



Charges explained

Securities/Commodities transaction tax
Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.
When trading at Zerodha STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.
Transaction/Turnover Charges
Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE, MCX) and clearing member.
Clearing charge is the fee levied by the Clearing Member (ISSL) for settling all CDS & MCX trades done by the client on the exchange.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs.10,000 per crore w.e.f 01.01.2016.
BSE has revised transaction charges in SS and ST groups to Rs.1,00,000 per crore of gross turnover.
Call & trade
Additional charges of ₹50 per order:
A) for orders placed through our support/dealing desk.
B) intraday (MIS/BO*/CO) positions squared off before market closing by our RMS team.
*For Bracket Orders, if the entry order is executed in multiple trades, Stop Loss/Target orders will be placed separately for each trade and all charges including call & trade for auto square-off will be billed per executed order.
Stamp charges
Charged as per the state of the client's correspondence address.

GST
Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
SEBI Charges
Charged at ₹10 per crore by Securities and Exchange Board of India for regulating the markets.
DP (Depository participant) charges
₹13.5 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Zerodha).
AMC (Annual maintenance charges)
₹300/year + GST charged quarterly
Buyback, OFS and NFO order charges
₹20 plus GST will be charged for buyback/takeover/delisting orders placed through Console.
₹20 plus GST will be charged per order for OFS, NFO, and FFO orders.
Physical CMR request
First CMR request is free. ₹20 + ₹100 (courier charge) + 18% GST for subsequent requests.
Payment gateway charges
₹9 + GST

Disclaimer
For delivery based trades, a minimum of ₹0.01 will be charged per contract note. Clients who opt to receive physical contract notes will be charged ₹20 per contract note plus courier charges. Brokerage will not exceed the rates specified by SEBI and the exchanges. All statutory and regulatory charges will be levied at actuals. Brokerage is also charged on expired, exercised, and assigned options contracts. Free investments are available only for our retail individual clients. Companies, Partnerships, Trusts, and HUFs need to pay 0.1% or ₹20 (whichever is less) as delivery brokerage. A brokerage of 0.25% of the contract value will be charged for contracts where physical delivery happens.

THANK YOU 
(Source: ZERODHA)

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