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Karna Stock Broking LLP

Founded by experienced traders having over a decade of successful track record in the Indian equity derivatives market, Karna Stock Broking LLP aims to become one of the best trading firms in the country.

About Us

Karna Stock Broking LLP

M/s Karna Stock Broking LLP, incorporated on 06/07/2023, is a SEBI registered trading member (self clearing member) having memberships of both NSE and BSE.

The firm has the licenses, memberships and the infrastructure to function as a stock broker in India. Currently, the firm is primarily engaged in the business of proprietary trading in the derivatives segment and investment activity in the cash segment.

The firm will look to expand into allied areas and client broking business at a later opportune time.

Advisory

Attention Investors

Prevent unauthorized transactions in your demat / trading account. Update your mobile numbers/email IDs with your Stock Brokers/ Depository Participant. Receive information of your transactions directly from Exchange and Depository on your mobile/email at the end of the day.

KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.

  • Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
  • Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
  • Pay 20% upfront margin of the transaction value to trade in cash market segment.
  • Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
  • Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
  • Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
  • Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following https://www.nseindia.com/invest/about-defaulter-section.
  • Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.

Karna Stock Broking LLP currently does not accept any client funds. At this time, you cannot open a trading/demat client account with Karna Stock Broking LLP.

ATTENTION INVESTORS

“Prevent un-authorized transactions in your account. update your mobile numbers/email ids with your stock brokers and depository participants. receive information of your transactions directly from the exchange or depository on your mobile/email at the end of the day. issued in the interest of investors”

“KYC is one-time exercise while dealing in securities markets-once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary.”

“No need to issue cheques by investors while subscribing to IPO. just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. no worries for refund as the money remains in the investor’s account.”

M/S Karna Stock Broking LLP. does not offer any product pertaining to “portfolio management” or any “fixed return scheme” of any kind.

M/S Karna Stock Broking LLP. “Does not accept cash for opening or operating trading account” or under any circumstances. All pay-in and pay-out activities are through banking channels only. M/S KARNA STOCK BROKING LLP. does not provide “guaranteed” or “assured” or “fixed” returns to any of its clients for trading in the securities market. M/S KARNA STOCK BROKING LLP. , and its directors/employees/authorised persons do not promote or allow any of the aforesaid activities or any other activity which is in contravention to the rules/regulations/bye-laws of the NSE / SEBI.

M/S KARNA STOCK BROKING LLP – NSE Membership Number: 90365 | BSE Membership Number: 6840 | | SEBI Reg No. : INZ000315657
LLP Identification Number : ACB-9044

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