2006-09-02 20:50:07 · 8 answers · asked by Anonymous in Local Businesses ➔ India ➔ Mumbai
In Mumbai, two national approved share markets exist namely Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). For buying shares from either of these markets, you need to have a demat account with any depository participant. Then you can buy shares broadly in three way: 1. by personally visiting brokers of either of the stock exchanges in Mumbai, 2. online login/password based facilities through brokers' portals and 3. placing your orders over phone to these brokers - depending upon the arrangement you arrive at with the broker you choose. To complete the transactions, you would require to arrange for payment of the shares you purchased and making available your demat account number and other relevant details to the broker for credit of your account with the shares on due dates.
2006-09-02 23:57:52 · answer #1 · answered by helpaneed 7 · 2⤊ 0⤋
Hi,
There are two ways to trade. 1) you can trade it online and 2) through telephone. So first you decide which is more convinent for you. If online then you have to open trading and demat account in banks like hdfc, icici etc..(I would recommend hdfc) and then its just easy ...logon and just have a look into the demo.
And to be online in market hours is not possible for you then open demat account and trading account with your nearest authorised broker. Then your trading is just a phone call away.
Hope this will help you...
Regards
Saurabh.
2006-09-03 04:59:04 · answer #2 · answered by fragrances82 1 · 0⤊ 0⤋
very simple dear.
first u must have lots of money to do so.
then u must open a trading account with a stock broker, must have a demat account if u wish to buy and keep shares for long time and a bank account to transact money part of the trade.
it's easy, a very easy process but very very memorable if u loss the money while doing this.
2006-09-05 05:50:48 · answer #3 · answered by Nitin G 7 · 0⤊ 0⤋
Go in the library opposite bse in fort at bhupen chamber 3rd floor, you wil find many of young and old people experienced and can guide you with their knowledge and experience ,, maybe online or offline whatever way you want,, i got my life best tip from a peson out there, which i still hold and very happy to have done that,
2006-09-04 07:41:18 · answer #4 · answered by aliasgar m 2 · 0⤊ 0⤋
You need to open a demat account with any of the banks(hdfc, icici etc). you then need to register for a trading account with the same bank. you can then log onto your'e trading account and start trading..make sure you're demat account is linked to your bank account in the same bank..
hope this helps
2006-09-03 03:57:34 · answer #5 · answered by aditdhar1 1 · 0⤊ 0⤋
Plz approach a share broker !
2006-09-03 04:00:26 · answer #6 · answered by SRI 2 · 0⤊ 0⤋
Open an online account with icici, 5paise.com, sharekhan or many others.
2006-09-05 11:08:15 · answer #7 · answered by VIKRAM 3 · 0⤊ 0⤋
pl.contact with registered broker.
2006-09-03 04:05:22 · answer #8 · answered by smritish g 3 · 0⤊ 0⤋