2007-01-31 17:37:45 · 3 answers · asked by Sushanta D 1 in Business & Finance ➔ Investing
You must have some spare money to start the investments in shares.
You will need to open a "Trading" account with one of the stock brokers to sell and purchase shares.
You need to open a "Demat" account with one of the depositories via the broker or the banker. This will be utilised to credit the shares you purchase and debit the shares which you may sell.
You need to place buy and sell orders with your broker. You will pay for the purchases by a cheque to the broker and recieve a cheque if you sell some shares from the broker. The broker will also automatically credit and debit your demat account as per your orders.
But please learn and study a lot about investing in shares. You need to collate lot of information from various sources before you start actually investing. Please don't rely on "tips" or "rumours", most probably it will lead to monetary losses. Please study hard and in depth. You may refer to the books on the subject. Quality books are published by "Vision Books" in India. You can also connect to the websites like www.nseindia.com, www.bseindia.com, www.icicidirect.com, www.sharekhan.com etc. These websites provide authentic information. Icicidirect has a good section titled as "learning centre".
Please take your own time in reading and understanding. Don't jump in haste. The market will always be there for you. You need not rush into the markets without proper background. This way you will be taking informed decisions and can make money.
Best of luck.
2007-01-31 20:25:04 · answer #1 · answered by Nitin G 7 · 0⤊ 0⤋
You are not Indian, as I persum from the question.If you are living in UAE and you are NRI you can make an investment at your desk.
2007-02-01 08:51:32 · answer #2 · answered by Anonymous · 0⤊ 0⤋
you must have an demat a/c and pan no,
and most important thing is bank current a/c
and last but not least money
2007-02-01 01:42:30 · answer #3 · answered by jaya prakash 2 · 0⤊ 0⤋