I logged in to my account after 5 years. I have to sell some stock this week. I just wanted to know somethings if anyone here can help.
My DMAT account is connected to my savings account. I do not remember how I started trading. I wonder if I allocated some funds from my savings account to my DMAT account for purchasing stocks?
What happens when I sell stock from my DMAT account? Is the money deposited straight to my savings account? Or ICICIDirect has its own storage account for funds allocated by me for trading?
Have absolutely no clue how things work!
My DMAT account is connected to my savings account. I do not remember how I started trading. I wonder if I allocated some funds from my savings account to my DMAT account for purchasing stocks?
What happens when I sell stock from my DMAT account? Is the money deposited straight to my savings account? Or ICICIDirect has its own storage account for funds allocated by me for trading?
Have absolutely no clue how things work!