NseTools – Getting Applicable Margin of Company

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In this article we will see how we can get the applicable margin of given company using nsetools. Nsetools is a library for collecting real time data from National Stock Exchange of India. A stock quote is the price of a stock as quoted on an exchange. A basic quote for a specific stock provides information, such as its bid and ask price, last traded price, and volume traded. In case of securities in Trade for Trade –Surveillance segment (TFT-S segment) the upfront margin rates (VaR Margin + Extreme Loss Margin) applicable is 100 % and each trade is marked to market based on the closing price of that security.

Steps to get the Stock Quote
1. Import the Nse from nsetools
2. Create a Nse object
3. From the Nse object get the stock quote with the help of get_quote method with the NSE Stock code of the company
4. Get the applicable margin from the quote with the help of ‘applicableMargin’ key
5. Print the applicable margin value

Below is the implementation

Python3

# importing nse from nse tools
from nsetools import Nse
 
# creating a Nse object
nse = Nse()
 
# nse stock code for wipro
code = "wipro"
 
# getting stock quote 
quote = nse.get_quote(code)
 
# getting applicable margin
value = quote['applicableMargin']
 
# printing applicable margin
print("Applicable Margin  : " + str(value))

Output :

Applicable Margin  : 19.23

Another example

Python3

# importing nse from nse tools
from nsetools import Nse
 
# creating a Nse object
nse = Nse()
 
# nse stock code for hdfc
code = "hdfcbank"
 
# getting stock quote 
quote = nse.get_quote(code)
 
# getting applicable margin
value = quote['applicableMargin']
 
# printing applicable margin
print("Applicable Margin  : " + str(value))