open an a/c with icici bank and apply for demat a/c linking with your savings a/c. they will guide you to invest in stock market.
2006-09-13 08:55:22
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answer #1
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answered by prince47 7
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Hi,
As many of my friends have suggested here, I would advise you to first get yourself informed about stock markets, investments etc through some business newspaper, after that you should think of starting with a small amount say Rs 10000/- to get hands on knowledge of how things actually work. Be patient and never act on impulse as stock markets are a very complex investments and it will take you some time before you gain maturity in deciding correctly as to when to enter and when to exit a stock.
All the Best
2006-09-13 18:27:10
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answer #2
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answered by officerdelhi 1
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Stock Markets are very volatile & its a great risk if you want to invest yourself bcos u may not have time to follow the market trend minutely. You can approach a consultant/broker / a trading company which will do the investment for you. Even after the brokerage & commission u can end up with a good profit if the agent is good.Invesment in blue chip companies is good.
2006-09-12 23:42:04
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answer #3
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answered by Heista 4
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Dear Investor,
Looking at your question you seem to be 'new' to the Stock Markets. Please understand that investing requires quite a bit of research and insight.
Before you start investing understand yourself, your needs and other financial commitments.
Also you need to understand that Investing is just another 'Business'. You have to continuously follow it up.
You can take direct exposure in Equities/Stocks by registering with a Registered Broker. Or you could take an indirect exposure through a Mutual Fund - that again invests in the Markets but is managed by professionals.
Please do consider all these factors before jumping on the Stock Market bandwagon.
In case of any other query you could mail me.
2006-09-13 01:47:46
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answer #4
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answered by Anonymous
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In the stock market, a prudent investor should after understanding the Fundamentals deeply, invest when the market goes for a correction and come out when (Profit booking) the market is on a high.
Always stick to this fundamentals.......
2006-09-13 21:53:18
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answer #5
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answered by SANJITH B K 1
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First select a broker of your choice. The Broker should be a registered one with Stock Exchanges and SEBI. The list of brokers is available in the web sites of Stock Exchanges viz. www.nseindia.com; www.bseindia.com. Then with their consultation you can invest in stock market. Before investing learn lot of things about investing, company details, performance of the companies, performance of the industry, timing of the market etc. well and then only jump in to investing.
2006-09-13 04:25:28
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answer #6
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answered by Ravi 1
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Traditionally, you must open an acount with a broker ( Merril Lynch, Prudential )
Currently you can invest via internet (e-trade)
But the main point is that you must have a long term vision, wether the preference of where to do it.
Try this book "Stocks for the long run" by Ron Jeremy
Don't invest all your money on stocks, put just a little part on stocks and most of it on bonds, investment funds, fixed income, etc.
good luck
2006-09-12 18:06:13
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answer #7
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answered by Classy 7
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Stock Market is a market of sudden surprises. Be cautious in investing a huge amount. In the beginning don't invest much. First open a d-mat account. Study the market reports till you gain confidence. Buy the shares that are bearish, that means, prices of shares which are downwards. Sell them when their prices are upwards. Simply keeping silent with your shares already possessed makes no sense. The secret of share business is: 'Buy when bearish and sell when bullish'. Good Luck!
2006-09-13 17:51:35
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answer #8
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answered by SRIRANGAM G 4
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It is not a matter that how to invest but the main thing you have to know is where to invest, when to invest,what to invest,with whom to invest and when to harvest because you have to be a master in stock market details.
2006-09-13 21:36:20
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answer #9
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answered by stufran 1
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You need firstly to contact a broker eg. (Kotak, Sharekhan, etc)
Next these 2 accounts need to be opened: broker a/c and demat a/c. (The broker will open it for you)
Initially make very small investments to understand the commission charged by the broker, your profit margin and the market trend. Like the Old saying goes, do not put all your eggs in one basket, spread your investments and play safe.
You could trade on line or manual.
For on line trading , the broker will assist you with their software program which you can use to buy and sell.
All the best to you all.
2006-09-13 04:19:06
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answer #10
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answered by edwin c 1
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First u have to decide whether u r a short term investor or a long term investor. The short term investing could be done on several factors like any news expecting from the company, movement in specific sector or on the basis of chart but long term investing could be done only after the analysing the fundamental factors like analysing of balance sheet and profit and loss a/c of the company.
2006-09-13 01:05:44
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answer #11
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answered by chitra r 1
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