For investing directly in Indian stock markets,you have to register yourself with any SEBI registered stock broker.
One also needs to open a demat account with them or any other Depository Participant like Stock Holding Corporation,ING vysya bank,Development Credit Bank.
Many banks are also providing demat and broking services, like Bank of India, Union Bank of India,ICICIBank, Hdfc bank, Uti bank etc.
PAN (permanent account no.) issued by the Income Tax dept. is compulsory for opening broking and demat accounts.
2007-02-11 22:31:57
·
answer #1
·
answered by Anonymous
·
0⤊
0⤋
If you are an NRI - non resident Indian living abroad, and wanting to invest in the Indian stock market then you should visit this investment website entirely dedicated to NRI investments in India by nris- non resident indians:
http://www.nriinvestindia.com/
2007-02-16 05:49:29
·
answer #2
·
answered by kgirishraman 3
·
0⤊
0⤋
well..two ways. one through mutual funds and two directly.....that would be either gettin a broker who'd open an account for you and you'd have to constantly tell him on phone to buy or sell your stocks.....or open a demat account with any bank or broker and then do online trading. Check whether you'd like to do short term or long term investments. pick up stocks of leading compnies when the market crashes and then hold on to it for few months till it brings in profit for you.
Advantage of mutual funds would be that you would get a tax benefit if needed.
2007-02-12 06:24:08
·
answer #3
·
answered by Dens-In-Dente 1
·
0⤊
0⤋