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Showing posts from February, 2022

Full List Of Documents Required To Open A Trading And Demat Account

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 Like millions of others, if you too wish to try your hand in the stock market, there is no time like now! Start your investment journey and add to your wealth by smartly investing in the stock market. Before you delve into the sea of opportunities in the stock market, you need to be prepared with the basic requirements of investing in the stock market. Primarily, you need a Trading account, a Demat account, and a bank account to start your stock market journey. A Demat account lets you hold your shares, securities, Bonds, Exchange Traded Funds (ETF), etc. in an electronic format with the utmost security and minimum expenses and hassles.  A Trading account is your support system to conduct purchase and sell trades of shares and securities in the share market. You cannot open these accounts on the exchanges (BSE & NSE) directly and need to open them with a registered stockbroker. The procedure to open both these accounts is simple and with some reputed brokers, you can open...

Teen Stock Trading Seems Dangerous. It Doesn’t Have To Be

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  Stock trading seems like a daunting task for newbies, especially teenagers, as they are going to learn about the stock market for the first time. You would be happy to know it does not have to be so, because you need not be involved in frequent trading.  In fact, investing earlier helps build valuable habits towards financial management on a day to day basis. It is the best way for every person to save and invest most of the money in stocks, hang on tight for decades, and take off the professional boots before 60. However, investing rules for teenagers differ from someone who starts investing at a later stage in life. Therefore, it is important to understand how teenagers, if they are minors, should legally invest and what types of trades, stock, and stockbrokers teens should consider. In this post, you can find the best places to start the investment journey for a teenager and what are mistakes teens should avoid. As this is the blog focusing on stock market beginners who a...

What Is an NSDL Demat Account?

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  The advent of dematerialisation/online trading brought several benefits, including transparency in trading and an opportunity of grabbing available market opportunities quickly. To capitalise on the stock market opportunities, an individual requires a demat account and trading account. Demat account is the entry pass to the stock market. Demat services, including demat accounts, are offered by two Depositories in India -   CDSL - Central Depository Services (India) Limited NSDL - National Securities Depository Limited  Both depositories facilitate the online trading system through their demat services. However, these organisations do not serve investors directly. There are registered agents of these Depositories, called depository participants (DPs). When you open a demat account with an NSDL registered stockbroker, it is called an NSDL demat account. You will get demat services from the NSDL through its registered stockbroker.  Both depositories facilitate o...

Explained: What Stock Market Margin Norms Mean for Investors?

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Stockbrokers in India offer a wide range of services to their customers. Have you heard of the Margin against Securities/Shares service? How does Stock Margin Work? This article will give you a complete picture. Before we begin, keep in mind that to take advantage of the Margin against Shares (MAS) benefit, you must first register an online free Demat account . Some stockbrokers in India provide a value-added service called margin against shares.  Customers who own shares with them are eligible for the MAS facility. MAS stands for "loan against shares" and is also known as "collateral margin." It is a loan against shares with an agreed-upon interest rate. Simply said, margin against shares allows clients to receive the margin money they need for trading by using the shares in their Demat account. To add to that, it's critical to grasp how to use any of the facilities before we start utilizing them because your hard-earned money is on the line. As a result, we wi...