2007-02-23 17:44:09 · 14 answers · asked by Anonymous in Business & Finance ➔ Investing
Hi gayathri
all electronic form of shares are maintained in dematerialised form.if you want to do a transaction you need to approach through a Broker (eg : icicidirect) which provides you a demat account with DP which is mandatory for any transaction.
hope that helps :)
2007-02-24 01:19:07 · answer #1 · answered by niranjan k 1 · 0⤊ 0⤋
Open an account with whichever broker you'll use to buy shares -- Fidelity or any of the others. Some have minimums to open an account; find out what they charge when you buy and sell shares also. Then pick one and get started.
By the way, if you're going to buy more than one stock, consider glancing at Investors Business Daily now and then (they also have an online website). It's expensive if you subscribe but if you live in a large city you should be able to get individual issues at a large bookstore or news stand. It's worth reading because it will educate you in what to look for in a good stock. Of course, there are other good sources of financial eduation out there too.
Good luck!
2007-02-24 01:49:40 · answer #2 · answered by Investor 2006 3 · 0⤊ 0⤋
A Trading Account
2007-02-24 02:05:09 · answer #3 · answered by Warrin' Buffit 1 · 0⤊ 0⤋
Demat Account with Net Banking enabled Banking Account..
If you want to operate everything through Internet from Home..
I prefer you Reliance Money.. I bet you .. no one can give that much security and facility in Trading..
Its totally Good..
2007-02-24 03:16:54 · answer #4 · answered by Jin 4 · 0⤊ 0⤋
What you need is account at online brokerage firm (providing internet services) and there is no any specific requirement towards your bank account, as you transfer your funds to your broker once your trading account is open.
2007-02-24 01:51:16 · answer #5 · answered by efpol2000 2 · 0⤊ 0⤋
First of all u have to open a S/B A/c. along with a Demat A/c. which used for e-sharing and quite safe.
Pls. contact ur nearest SBI or HDFC Bank or other who have the denat a/c. facility.
2007-02-24 06:08:54 · answer #6 · answered by Kanchan B 2 · 0⤊ 0⤋
A demate account will be better but U can also do by suh an accounts which can give U internet access and e-money transfer.
2007-02-24 05:34:36 · answer #7 · answered by AbuSaleh 3 · 0⤊ 0⤋
You need to find an online broker and open an account with them
2007-02-24 01:53:54 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Business account. But be sure to see a bank representative to obtain better info. on what's the best account.
2007-02-24 01:45:42 · answer #9 · answered by James 3 · 0⤊ 1⤋
Open an account with an online brokerage.
2007-02-24 01:47:00 · answer #10 · answered by Anonymous · 0⤊ 0⤋