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  
Post a Comment

Related Posts

    • Wrong TDS entry in Form 26 AS

      Need urgent advise from some one please - In my Form 26AS for assessment year 20-21, some entries of TDS has been shown under section 194C by some one with whom I never had any dealing. Moreov...

      By Brij Gupta
      /
    • LIC POLICY ADDRESS CHANGE

      LIC being a very big insurance company, why not they look into the possibility of making the changes in the existing policies, like change in address, name change, bank details etc. ONLINE. When on...

      By Hari Shenoy
      /
    • Bank's refusal to honor agreed FD interest.

      Dear members, I am Sekar and new to localcircles.com. In 2014 I booked some 5 years fixed deposits with a private bank, due to their higher interest rate promised to me. During matu...

      By Sekar Rg
      /
    • DEAF Account

      It often happens that people don’t share even the basic financial details with their family members. In case of any untoward incident, the family members are left in the lurch as they are una...

      By Aditi Jain
      /
    • Tax on dividend

      I fully agree with the circle member's claim to approach the FM/PM, requesting to remove the senior citizens from taxing 10% on the dividend received on the Mutual Funds. In fact the present level ...

      By Subramanian Sekaripuram Ananthakrishnan
      /
    • Benefit of new tax regime for 13L+ salary earners

      Most of the salaried individuals with gross income of ₹13 lakh or more and non-salaried persons with income of ₹9.5 lakh or more will get to make tax savings if they sign up for the new lower incom...

      By Satvik Singh
      /
    • NRI income in zero tax domiciles taxable in India

      NRIs living in zero tax domiciles like UAE (Dubai Sharjah & also Bahamas etc) will have to pay tax in India. And now all those who (partly) moved to Dubai recently to evade taxes are stuck.

      By Aditi Jain
      /
    • Farmers must be taxed

      The tax system is currently design to squeeze the middle class. This must change. We are India’s most abused tax payers.

      By Aditi Jain
      /
    • BEWARE OF ICICI POLICIES

      I am cautioning the circle members and the general public at large that the insurance policies issued by ICICI are to be taken with a pinch of salt. The agents of ICICI who sell their policies as w...

      By Subramanian Sekaripuram Ananthakrishnan
      /
    • Why one should insist for Fixed Deposit Receipt

      As you all know now-a-days whenever we request any sort of statement / report etc. from non-banking financial companies (NBFCs) i.e. insurance, chit fund, merchant banking, stock broking service p...

      By G D Binani
      /
    • Beware of brokers

      2000 crore fraud by karvy on its customers. Sebi has banned it now. How come we only do bans and the regulators are never facing penalties and punishments for letting shit happen.

      By Aditi Jain
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)