Dear Valuable Investors,

We require your immediate attention

1.Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f.September 01, 2020.

2. Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

3. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.......... Issued in the interest of Investors"

Attention Investors

Risk Disclosure on Derivatives
  • 9 out of 10 individual traders in Equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:
SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

https://www.sebi.gov.in/reports-and-statistics/research/jan-2023/study-analysis-of-profit-and-loss-of-individual-traders-dealing-in-equity-fando-segment_67525.html

Attention Investors :

Prevent Unauthorised transactions in your account.

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.

Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.

WE ARE BEST

About us

Damani Financial Services Pvt Ltd is engaged in the business of share & stock brokerage. The firm is a member of the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

In 1988, under the leadership Ramesh M Damani, we entered the business of Stock broking in the form of a sole proprietorship. He was one of the early pioneers in arbitrage in India and helped in building the foundations of it. From 1998 to 2010, the firm was a leader in arbitrage clocking an average turnover 30000 crores. During that time, Mr. Ramesh M Damani went on to serve on the Board of Directors of the Bombay Stock Exchange from 1997-2000.

In the year 2011, the company converted from a sole proprietorship to a private limited and was renamed Damani Financial Services. Today, the company is focused on Institutional Broking