How To Buy Stocks In India

To buy shares directly or indirectly, you have to open a Demat account. To open a Demat account, you need a pan card.

Step 1

PAN Card is the primary step if you want to invest in the stock market and buy shares of any company in India. It’s a unique ten-digit number.

Step 2

If you beginner in the stock market, then find a good broker. Open a Demat account with any broker of your own choice. To put it simply, it means to have a relationship manager so that they can guide you or can check your orders or can punch your orders, etc.

it’s worth spending time with your broker before investing in any stock market or shares. A Demat account holds the shares in your account in your name.

Step 3

To buy shares third step is to select a depository participant. In simple words, depository participants are agents who provide the accounts to hold your shares.

It’s not like a Demat or trading account, but instead, they have the shares you bought and release the shares you sold. There are two types of depositories in India: NSDL and CDSL.

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