How to invest in Share Markets in India
Now you have set your mind to start investing in Stock
Markets. There are two main Stock Markets in India. One is National Stock Exchange (NSE) in New Delhi and other
is Bombay Stock Exchange (BSE) in Mumbai.
You can either invest online if your share broker has the online facility or by instruction through
phone, fax or sms as per your share broker's facility. In either case, you don't have to physically present
there. You can do it at the comfort of your home or office.
Documentation is very lengthy. You have to sign lengthy application forms and agreements which
often comes as a booklet. You have to open a Demat Account (where shares are kept), a bank account (where your
money is kept) and a brokerage account all linked each other for seamless integration. Your share broker will
take care of opening all these accounts for you.
Step by step procedure
-
Take PAN (Personal Account Number) with Income Tax
Department
-
Open an account with
an Indian share brokerage firm
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