i dont know what about the works pf stock market. can i become a stock broker? how much wanted minimum investment do it throught online trading? what its proceedings with a stock exchane? did any amont deposited in exchange?i want a brief discription for it. ..Please.......
2007-01-12 01:56:42 · 5 answers · asked by keral 6 in Business & Finance ➔ Investing
Hello
To start trading shares you need the following
1.You should be of 18 years or more
2. PAN card
3. Demat Account
Remember one thing
Don't take advice from the person who is not having any sense about the stock market, in other words take advice from qualified persons only.
Some banks are providing Share trading along with normal course of banking business.
Some the banks are
ICICI
HDFC
KOTAK MAHINDRA
Some stock broking agencies are there which can guide you .
Some of them are
1. Kotak mahindra securities
2. Anagram Securities (don't invest here its popular but there is no customer service)
3. Angel Broking
4. UTI securities
5. Motilal Oswal
6. KARVY
7. Share khan
8. 1paise dot com
In my opinion you first open a demat account { for which u need a PAN card} and then consult kotak mahindra , its a good broking agencies.
You can see the live price at the following link
www.ndtvprofit.com
www.icicidirect.com then to daily share price
for buy or sale recomendation try www.indiabears.com
2007-01-12 05:48:13 · answer #1 · answered by Anonymous · 13⤊ 0⤋
Assuming you are in India, get a PAN card. Open a bank *** brokerage account at ICICI or Reliance. They will take your money, give you a UN and PW. Do research to pick the right stocks, and if you do not know much about it, then find a mutual fund or two. Start a SIP process (ask the brokerage firm), and then you will get started.
The UN and PW will allow you to change you mind about your first investments.
ICICI will walk you through the buy and sell process, including the various other areas of their cool web site.
Do not fall for the low cost services since they are low cost, low feature and higher risk places. Remember this is YOUR hard earned money.
Take care.
KKP_Investor
2007-01-13 17:24:08 · answer #2 · answered by KKP_Investor 3 · 0⤊ 0⤋
You will be able to Buy or Sell Shares, only after opening a D.P. A/c. with a Bank like HDFC Bank as an Investor.
Its a big task to become a Share Broker. You have to learn so many things about Share Market.
You please start to Buy and Sell Shares as an Invester and then learn and proceed step by step.
Mind it, it is not so easy to become a Share Broker.
2007-01-12 23:46:49 · answer #3 · answered by Tapan Kr. M 1 · 1⤊ 0⤋
hi there!
for trading in stocks,first u have 2 open a demat account,
demate account is like a bank account but as bank account have balance in rupees demate account have balance in no. of shares......
n then u can buy or sell securities through ur broker.
kunal
2007-01-12 10:07:37 · answer #4 · answered by doshi k 1 · 0⤊ 0⤋
GO TO SITES LIKE MONEYCONTROL.COM AND ICICIDIRECT.COM
2007-01-13 03:26:42 · answer #5 · answered by Anonymous · 0⤊ 0⤋