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What does CNC, MIS and NRML mean? CNC, MIS, and NRML are the product types used when placing orders through Kite. Cash and Carry (CNC) It is used for delivery-based trading in equity. In delivery-based trading, individuals have the freedom to hold stocks overnight for any desired duration.
MIS positions can be converted to CNC or NRML only if sufficient margins are available in the trading account. Short option positions can be converted from MIS to NRML and vice versa. MIS index options buy positions cannot be converted to NRML.
21 Απρ 2024 · Cash and Carry (CNC) is basically a service code, a product code that is used for delivery-based equity. Using CNC while trading simply means your transaction is entirely cash basis, i.e. the payment is done while purchasing the stock.
When you use Zerodha’s Kite or Pi trading platforms to place a deal, users must select a product code by one of three options: MIS, CNC, or NRML. MIS refers to Margin Intraday Square Off as well as being a valuable tool for traders that trade options intraday.
28 Νοε 2023 · CNC, which stands for Cash and Carry, is a facility provided by Zerodha, one of India’s leading discount brokerage firms. CNC is a type of trade executed by traders or investors in the stock market where they buy shares with the intention of holding them for a more extended period, rather than actively trading or selling them off immediately.
2 Μαρ 2021 · Zerodha product codes are basically short forms for different codes to perform different actions. For example CNC, MIS, QTY, PRICE, SL, etc. Here is a screenshot of the KITE app while placing a buy order by showing different codes.
Whenever you place an order through Zerodha Kite or a web platform, you need to choose product codes like MIS and CNC in Zerodha Kite. In this article, we have explained in detail what is CNC in Zerodha, what is MIS in Zerodha, CNC, and MIS charges in Zerodha.
