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AMO or After market orders

When AMO will be executed? After market orders (or AMOs) are orders that are placed after the stock market is closed. It's important to note that the orders are just “placed” and not executed. Orders can only be executed   during the market hours (that is 9:07-3:30 pm) . Benefits of AMO AMO is for those customers who are busy during market hours but wish to participate. In post market hours trading, one need not actively track the price movements of a stock during market hours. You can plan your orders at leisure after doing research before the market opens the next trading day. Your presence is not needed at the exchange to execute the order. Margin Trading Facility  is available for AMO orders on all platforms: KEAT, KST, website. How does it work Using the After Markets Orders facility is very simple. All you need to do is log into your  Kotak Securities trading account , and choose the AMO option. You can then place your order. This facility is available in the time slots menti

PPF : A must read

  Unlike many instruments, where you need to take your money after maturity or reinvest the proceeds at the prevailing interest rate, Public Provident Fund (PPF) offers you some flexibility. PPF is a 15-year instrument and arguably India’s best fixed income investment. Your contributions earn you income-tax deduction benefits under Section 80C, up to an investment of Rs 1.5 lakh. Interest and redemption too are tax-free. But what do you do with your PPF account once it complete 15 years? If you do not need the PPF money for a few years more, it’s best to extend the account maturity by 5 more years. In fact those who are earning well can also choose the Extension-With-Contributions option. But that’s not your only option. Let us look at how people with different requirements must decide what to do with a maturing PPF account. Before we discuss that in detail, let’s first have a look at what all options are available. Broadly, there are three options: Close the PPF account  Take the enti