Share Trading

For someone who has never invested or traded, what is the best way of getting started with online investment account to invest in select company shared. Something that is easy to open, easy to access and transact. Also, what is the best place to do research/keep a tab on company news etc. more  

India Infoline and Religare charge a lower commission. They can go as low as 0.10% for cash segment.
If you are a new investor you could try equity mutual funds. The resources for data and information can be the NSE website and also the India Bulls website for information on the fundamentals of a company. Technical Analysis, which is the study of price movements with the help of charts can be useful also. more  
Both HDFC bank and ICICI bank have three in one accounts and are user friendly sites. more  
You can invest on select stock through SIP also. Would suggest to better wait for the volatility due to new govt formation. In case you wish avail tax exemption...suggest to invest in Tax Saver Mutual Funds. For opening online trading accounts, best banks are HDFC, ICICI. Moneycontrol is the best tool to track portfolio or create an dummy folio for better understanding of stock market movements and information.
Another option is to open trading account with some other Companies which charge lesser brokerage than Banks

HS Rana ( Retired Banker ) more  
Best way to trade online: Open a 3-in-1 account with a good bank like ICICI or similar. This ia a combined savings, demat and broking account that allows easy and secure online trades.

To know what to buy and sell, read Economic Times, and use Moneycontrol or similar online site. But be very careful. Better to start with Mutual Funds.

In case you have any questions, feel free to call me at 9958674650.

Sudarshan Synghal, IAS (retd.) more  
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