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Prabha | How can I invest into share trading???? |
I am not aware about this at all & I want invest little money as i am fresher in industry .I have pan card . Please advice me for the same |
 |
 
andy m
 |
First thing is to gain enough kowledge about how share markets work in general. Second learn about the indian markets in particular - u can do that by watching CNBC, ndtv profit, www.moneycontrol.com, multitude of magazines (outlookmoney, dalal street etc etc).Having a good understanding is a must before you start investing your hard earned money.
And to actually start buying/selling shares, there are many online trading sites. You can open account with any of them. www.motilaloswal.com, indiabulls, sharekhan, icicidirect,kotaksecurities,hdfcsecuriti... etc. Getting an account with any of these will give you an internet access to buying and selling shares (along with a demat account at the back end where the shares u buy are stored). You also need to hav a bank account from where the money for transactions would come.
You may/maynot be charged for opening an account (ask around, they mostly waive that off) plus they charge you a percntage of each transaction you do. So you should compare the transaction charges to decide which online account to select. IMO, icicdirect happens to charge the most - so avoid. The rest you can talk to thier representatives and find thier rates. |
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Udit D
|
first you open demat account it is must. in any depository participant e.g. STOCK HOLDING CORP. OF (I) LTD. , MANGAL KESHAV SEC ETC.
then open a trading account.
IN START U READ ONLY GROUP -A SHARES PRICE VOLATILITY & IT'S FUNDAMENTAL THEN START INVESTMENT
FOR STUDY sites on which u can rely on r-http://www.bseindia.com
http://www.nseindia.com
http://www.economictimes.com |
|
pgreen
 |
Start by considering that share investing is a way
to understand economics and business, and also
social psychology. To make (or lose) money is, at
least at the start, a side effect. Therefore:
* Go see your bank as suggested by other contributors
* But don' commit too much, the goal of many banks is
more to sell than to help.
* Invest little at the start, just to get practical experience,
consider yourself as an apprentice
* But read books and mags on the topics to understand
better what happens,
* See truly educational websites, not those that give you
tips. You will easily make the difference. Start obviously
with Yahoo finance
At least you will get, as a first reward, a knowledge about
* how the surrounding world works and evolves (economics
and finance play a key part in that),
* what makes people tick, in money related matters and
beyond.
. |
|
Prof. M
|
You have to open a demat account with a Share Broker and they would give you reliable guidelines as per the Rules as it is obligatory on the part of the broker to explain the risk factors and guidelines. Demat account is somewhat like a Savings Bank Account in the nationalised banks, but deal not with money, but shares. |
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bb4479
|
Prabha,
All the answers given above are in fact very very helpful, and it would be good to follow up.
However, most people are always in a confused state when they want to begin share trading cos there are so many options out there.
So what did I do as a beginner? I made a decision not to trust anyone with my money (not even the bank or any mutual fund group), until I actually understood how the whole system worked.
So, in my humble opinion, I'd recommend you begin a personal quest to how the stock market works (globally).
Try www.investopedia.com or search Google. Then come back here and help us with some of our stock trading questions.
A-L-L T-H-E B-E-S-T !!! |
|
ak_pathik
 |
You can open an Online trading account with any broker like Sharekhan, RelianceMoney etc but before investing pls watch market for min. 6 month and then try.
Source
http://finance.tipz.in |
|
MEENA M
|
Go to any share broker or agent he will guide you better that which share is good and having futue benifits etc. OR
You can log on to http://www.google.com and search there online share trading or share trading with your state name. |
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t9d007
 |
Hi .. the simplest way is let the brokers know you are interested in trading.. may be you can register online with sharekhan , they will instantly call you and assit in all possible ways . |
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Genius
|
it is very risky to invest money in shares if you are a new-comer to share market. you must first understand the share-market / stock market basics. With the help and guidance of a good and reliable stock broker you can invest some money into good stocks. It is always advisable to invest into mutual funds where the risk can be balanced and you dont loose much. |
|
Popular
 |
u have to open a demat account with any bank....then only u can transact in share market...they will provide u relationship manager who will guide u in this....best of luck.... |
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Bhau
|
Approach any nearest bank which provides
3-in-1 account. (icici, hdfc, sbi, bob, ....)
This is 3accounts---- Dmat, Trading, and bank
Requirement is you have to have some minimum bank balance i.e. 2.5k to 5k.
Sites have all information about trading and how to place orders,and transact.
www.icicidirect.com
www.hdfcsec.com
www.reliancemoney.com
www.sbi.com |
|
JB007
 |
read and study these sites for online trading :- 1) RELIANCEMONEY.COM 2) ICICIDIRECT.COM 3) SHAREKHAN.COM 4) 5PAISA.COM 5) RELIGAREONLINE.COM
6) INDIABULLS.COM 7) INVESTSMART.COM |
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sujeet
|
What I feel is, reply from the user ak_pathik is quite perfect. so if u follow these instructions, later on you will be wise enough to find your own way towards your own destiny.... |
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