Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
CNC orders are delivery-based trades where shares are bought with full payment and held in the Demat account without same-day square-off.
Cash-N-Carry (CNC) orders are used to buy shares for delivery in the cash segment. In CNC, investors must pay the full amount of the transaction, and the shares are credited to their Demat account. Unlike intraday trading, CNC positions are not squared off on the same day and can be held for the long term.
CNC orders are typically used by investors who intend to hold shares as investments rather than trade them within the same day. No leverage is usually provided, meaning the purchase must be fully funded.
Answered on
