Question:
How do i enter or put money in Shares ?
2007-10-10 23:57:41 UTC
Hi guys im interested in shares but the prob is i dont know how 2 invest or put money in shares so any of u have any experience about investing in shares & plz give me details which company i should put coz im a GEEK in this :)
Three answers:
2007-10-11 00:21:29 UTC
Have simple 3 steps:



1. Open a dmat account with ICICI / HDFC / SBI or Open with Share khan / Anand rathi (use .com and inter to web site)



For share kahn / anandraathi the entery fee wil be 700 (Regitration fee)



2. Invest 5k or 10 K , it will be in the account as savings account, by that money you can buy shares.

log in to the partiuclar web portal (once u got the registrain)

they will list out best buys. initially you will feel its difficult, but its easy. if u invest 5K , but some shares, see the market the share price is going up or down. when u purchase a share its share value must be less. suppoe one share value is Rs. 100/- you are buying 20 shares. meanins 20x100 will deduct from ur initial fund, and its wil show the purchase of shares, wait and see some time when the share price gone up example Rs120/- , sell the share , u r getting Rs. 20/- benefit. means 20x20=400/- , now ur accouint balance is 5000+400=5400/- right?

3. This Rs400/- u can transfer to you SB (Normal account) account.



See the brokers predeictions. many times it will work out.

i will suggest you initially u buy shares with less value.

catch hold of some companies shares (See economic times) and watch the incresse or decrese. (Ups and downs ) of the partiluar shares.



Hope you got it.
Rajendra
2007-10-11 08:48:31 UTC
To enter into sharemarket you must have a dmat A/c.So first you will have to open a dmat A/c at a broker nearer to you.The decision of investing in the shares of a particular Company is very important. As you have stated that you have no prior experince in shares investment,you will have to study the activities in market. There are no any guessings but only deep study of a company's financial data can help us to take the proper decision for investment. The companies having a strong financial position such as good turnover,profit margin,strong reserve fund and lower debt are good for investment.To study the market rates of the blue chip companies and to purchase it at the time when the rates are lower and to sell it whenever the prices are higher than our purchase price is the basic priciple of investment. The most important thing is the patience and self study.To invest according to tips by anyone except the experts can lose our capital as well as our confidence. So be carefull and invest with your own experince and the proper guidelines of experts.
2007-10-11 20:23:29 UTC
Open a brokerage account at Zecco.


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