2006-12-04 01:10:27 · 6 answers · asked by karpagam g 1 in Computers & Internet ➔ Internet
To buy shares through internet there are certain procedures to be followed. They are:
- First find a reliable brokerage such as India Infoline (Tel. 66775974) ( I assume you are resident of India) who have online facility. Register with them. You have to pay Rs.555 as registration fees, Rs.8000 being brokerage for one year in advance which will be adjusted against brokerage payable for a year. You have to fill up their form giving your details such bank account number, address, full details about your name, address, PAN number (copy) etc. They give demat account free for a customer like that. They teach you how to instal trading platform on your computer and they also update you every day about market info, which stocks are good for buying/selling, etc. They also provide you with bills, ledger account (all online). Now you are ready to trade. Suppose you want to buy shares worth Rs.1 lakh, then you have to give them cheque for that Rs.1 lakh. Then you can start buying/selling. It is very easy and you can see all the quotations on the trading platform, and place order. You get instant confirmation of having received your order, and when the order is executed you get instant confirmation of the same. The brokerage for delivery of shares (which will be deposited in your demat account with the brokerage firm) is .25% (quarter percent) plus the applicable levies which together comes to .43% of the amount. In case you are interested you can phone at the above number and ask for Ms. Janvi Nagrecha (Relationship Manager). She will come to your place and complete all formalities. If you are not a Bombay resident then send an e-mail to janvi@indiainfoline.com asking how you can join. They have branches in all the cities and towns of India. I have suggested India Infoline because they are reliable as there are quite a few fly-by-night parties who can cheat you of your money.
2006-12-04 01:34:22 · answer #1 · answered by jack 2 · 0⤊ 1⤋
Which Bank Account u hold?
Becoz, if u have HDFC, ICICI, HSBC, Standard Chartered Bank Account, they will give a Free Account called DEMAT Account .
Open it and u can buy and sell shares using this account.
Visit ShareKhan.com
2006-12-06 07:35:54 · answer #2 · answered by Ravi Nanjunda Rao 3 · 0⤊ 0⤋
shares are available only through agents who are registered with the share trading centres in major cities. approach a large one that has enough people to advise you on what should be done.
2006-12-04 21:38:58 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Approach Kotak Securities or ICICI direct.com.Good luck
2006-12-04 09:20:54 · answer #4 · answered by king 4 · 0⤊ 0⤋
go to sites like icicidirect.com & moneycontrol.com
2006-12-07 22:59:54 · answer #5 · answered by Anonymous · 0⤊ 0⤋
go to www.sharekhan.com
2006-12-04 09:23:09 · answer #6 · answered by jaya 2 · 0⤊ 0⤋