There are two ways through which you can add Nifty 50 stocks in Zerodha Kite. The first is by adding them one by one and the second is by investing in Mutual funds.
Zerodha Kite has an excellent user interface. By opening a Demat account with them you can trade in various stocks including but not limited to Nifty 50, options, and even BANK NIFTY. The Kite app can be used on mobiles as well as desktops.
Right before trading in Nifty, you have to check on “Console” whether or not your F&O is activated. The process is simple. First, open Zerodha Console, then open the “My profile” section, in this, you will find the segment activation option. Click and activate the F&O to start trading in Nifty.
To add Nifty 50 on Kite you can try either of the two options:
First, let's see how to Buy Nifty 50 options on Zerodha. The initial step is to log in to your account either via app or website. After adding the needed nifty stock to your list, click on the Buy option. Therein enter all the relevant details like amount, quantity, and order type, and finally press the purchase option. If you want to check the status, click on the “Order” section.
Now if you want to sell nifty options here is what you can do. After login select the nifty stock you wish to sell. Then click on Sell and add the required information like quantity, amount, and order type and proceed. You can track the status in the order section.
Whenever the order will be processed, you will receive the notification. Thus, adding Nifty 50 on Kite and buying/selling it is a simple process.
Zerodha is Indias largest discount broker in terms of the trading volume. Here you can create your own wishlist on the Kite application. The kite application is the trading terminal provided by Zerodha which is free to all its clients. The following steps can be followed to add the stocks to your watchlist.
When talking about the best stock broker in India, we cannot rule out Zerodha. It is the market leader in bargain stockbroking, is premised in Bengaluru, and accounts for more than 15% of total retail trading activity in the country. Mr. Nitin Kamath formed the leading brokerage firm in 2010 Kamath, and it now has a customer base of over 6 million.
Adding money to Zerodha using UPI is the most commonly used method and is the most popular among the other methods. It is totally free and can be done with the help of any UPI application like Google Pay or BHIM UPI. This process can be done seamlessly with the help of Zerodha's web application as well as the mobile application- "KITE".
For placing a BTST order via Zerodha Kite, the process is quite simple. You can follow the same steps as to how you might place an order on Zerodha Kite. However, when you buy or purchase a stock, you will have to select the “CNC product type” option in the buy order popup.
GTT or Good Till Triggered, is a feature of Zerodha that lets users execute trades based on a specific price point. It's quite helpful for those that want to trade in the stock market but have no time to keep track of their investments.
So, you wish to know how to do short selling in Zerodha or with any stock broker for that matter. In simple words, Short selling is When you go short, you sell the stock first and buy it later. The same has been explained in detail here.
GTT in Zerodha is an acronym for the Good Till Trigger feature offered by Zerodha that lets the investor select a trigger price and a set of predetermined conditions that as and when are met, an order is placed automatically.
Trigger price is the price entered by a trader during stop-loss limit and stop-loss market orders. Let's understand this in detail. In Zerodha following this mechanism is really simple.
You might have come across these product codes: MIS and CNC. Ever wondered, what they mean? Here you'll learn what is MIS and CNC in context to stock trading in context to Zerodha and other stock brokers in general.
Zerodha is the largest stockbroker in India which holds more than 19% of the total market share. It is good for beginners as the account and brokerage charges are low. It offers a great trading platform and has a simple-to-use UI. All these features make it a suitable choice for beginners as well as advanced traders and investors.