CNC in trading stands for Cash and Carry. It is a type of order used in the stock market when investors want to buy shares and hold them for the long term.
When you place a CNC order, the shares are delivered to your Demat account and you can hold them for days, months, or even years.
Suppose you buy 10 shares of a company at ₹100 using a CNC order. The total investment will be ₹1000.
These shares will be stored in your Demat account and you can sell them anytime in the future.
In intraday trading, you must buy and sell shares on the same day. But in CNC trading, you can hold the stock as long as you want.
CNC trading is best for investors who want to hold stocks safely without pressure of selling the same day.