DMAT account is like bank account. DMAT account will take 5-7 working days to activate after processing the required documents. 1.You need 2 Passport size phootos 2. Address proof 3. PAN card copy (must) 4. Bank Account Cheques (to link your account as well initial deposit). Note : Initial deposit will drive your Brokerages. Angel broking and India info line is good . Kotak securities is offering good brokerages for house wifes(current offer). check them out. Below link provides various options for DMAT account opening. Best Demat Account In India Good luck. Thanks
Trade Virtually and learn the concepts and start investing small amounts. If you gave 4-5% in one month is good enough to start . Try moneybhai platform in Moneycontrol for Virtual trading... Best of luck..
wonderful and informative articles vemala.. thanks for sharing... Market made new highs more than everyone expectations because of Modi tsunami.
Markets reacted for Modi's win. Due to profit booking, it rose only +280 pts on friday. Next week, retailors will invest in huge amount and market will rally another 1000-2500pts in next week...hope for the best......
Vemala, your inputs will definitely benefit beginners. As u say, all need to study the markets trend etc in full, before really getting into investing. I find moneycontrol.com has very good analysis of market trends, and we can depend on their recommendations to some extent. after getting a basic knowledge of shares and trading, having a trading cum demat account online seems to make things easy- as we need not depend on broker to do the trades for us. Ofcourse, for beginners, it is better to go thro a proper registered broker for trading/ investing. Later, once u get an idea of how to invest, an onlinet trading account cum demat makes share investing, very easy from the comfort of our home and at our time. I have been investing/ trading for a few years now, and noe that the markets are picking up, the mood is really getting positive after nearly 2 years of backlog. Thanks for your thread, and hope to interact with u further. Expect this thread will Encourage others also to get into the markets. Good luck to all.
Thanks joylokhi for your response. We will come back with more n more inputs to help aspiring people.
Some broking companies like angel will provide NBFC accounts. If you start your investment with 5 Laks (in cash or shares format), they fund you to buy ~20 Laks worth of shares . Angel will fund you 5 times to buy these shares with 1.5% interest. If you get 5-6% returns on your investment, you will be gaining 3.5% PM . Kotak ,ICICI sec n other companies doesnt support if you trade online these features. Other broking companies will also fund 4-5 times, but you have to square of t+5 days , where as you can hold in angel for as long as you want and have to pay 1.5% interest . For beginners, check out Kotak sec Pearl account . Pearl Account: Woman Stock Trading Account | Kotak Securities® Angel and India info line is good to start Online trading. Dont go for ICICI,HDFC or citi etc for trading.
If you keep watching some trades, some looks suspicious trades. In technical terms, these are called Wash trades, which means, Investor simultaneously sells n Buys Stocks to artificially increase the traded volume. So that genuine buyers will get trapped into this. They do this for many reason. one of them is to generate revenues for Broker and other is to increase the liquidity. Genuine buyers like us will get trapped and will not be benefited because buyer n seller are same. Wash trading is illegal. NSEL 5600 CR scam is possibly because of Wash traders. Many genuine investors are lost crores in this scheme. Go for Quality , fundamentally strong Shares trading........
How to make use of Effective NaMo's Govt common people like us in Share market?. Modi Govt is planning for Revamp of many PSU's for industrial growth. They are planning for reforms .. Look out for these companies which truly diamonds, which gives more returns in 5 yr term. 1. BHEL, Coal ,GAIL 2. Indian oil,NTPC,SAIL 3. BEL ,BPCL ,HAL 4. MTNL, NMDC ,NAL 5. PFC ,REC, Shipping corporation These are few. Like PSU bank n etc will definitely will fetch good returns. Slowly, start investing in SIP format into the PSU's. Gold is definitely not an investment for next 1-2 yrs since the value is going to depreciate with $... Best of Luck..
[FONT=Arial, Helvetica, sans-serif]Pipavav Defence & Offshore Engineering Company Ltd. [/FONT] [FONT=Arial, Helvetica, sans-serif]First NaMo Stock to increase 15-20% in 6-9 months. After PMO announced about FDI in defence , today stock is up by 7%. If you have money invest in Dips.Good range to buy is Rs.64-65 ...[/FONT]
