CA Mrinal Gunjan (CA) (131 Points)
26 March 2010i want to participate in the stock market operation. how should and where should i start from? will i get a share certificate or my shares will be deposited in the de-mat account? also if i want to trade a security should i be sitting at the brokerage firms always? please provide me full information on this topic
Rahul Gupta
(Project Controller ACA MBA(Fin.))
(8014 Points)
Replied 26 March 2010
For dealing in shares , first of all you must have a Demat Account which will be link to your BankAccount.. For this you can contact any Brokerage Firms like ICICI Direct, Indiabulls, Sharekhan, HDFC, Relaincemoney and others.
This is necessary because now a days almost every co. holds its shares in Demat form and for this Demat Account is must. You can operate these demat account by having the trading facility and you are not required to always sit with the brokers for dealing in shares.
CA Himanshu Bansal
(Risk Manager)
(2345 Points)
Replied 29 March 2010
| Originally posted by : Mrinal Gunjan | ||
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i want to participate in the stock market operation. how should and where should i start from? will i get a share certificate or my shares will be deposited in the de-mat account? also if i want to trade a security should i be sitting at the brokerage firms always? please provide me full information on this topic |
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As Said by Rahul,U need to have a bank account.After that open a demat account with any of the brokerage houses...Bank account is needed to transfer and withdraw funds for trading..
Shares will be transferred to ur DP account,,u can sell them at any time during market hours.
And one need not to sit @ broker's office to trade.Online trading facility is given by almost all the brokers.U can trade from ur home.Or u can also call up/visit ur broker to place orders..
Browse through previous topics in this forum..u will get plenty of info..
Ramalingam K
(Founder & Director - Holistic Investment Planners (P) Limited)
(21077 Points)
Replied 19 May 2014
Do's and Don'ts In The Stock Market
Let’s introduce do’s and don’ts of investing:
Most of us have our own perception of investment based on our experiences, but also tend to be confused with the opinions given by others. Knowing the do’s and don’ts of the stock market would help us turn really as a smart investor.
https://www.holisticinvestment.in/dos-and-donts-in-the-stock-market
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
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