Investing in the Indian stock market is quite simple. Here is a step-by-step guide to help you get started.
Investing in the Indian stock market is quite simple. Here is a step-by-step guide to help you get started.
- Get a PAN card. This is a mandatory document if you want to participate in the Indian stock market.
- Choose a stock broker. This is the entity that will be responsible for helping you place buy and sell orders on the exchange.
- Open a demat account with a depository participant and a trading account with your stock broker. If your stock broker is also a registered depository participant, you can open your demat account and trading account through the same entity.
- Get a Unique Identification Number (UIN) if you want to trade Rs 1,00,000 or more at a time.
That’s it! See how simple it is to start trading and investing in the stock market in India?
Now, if you are wondering how you can open a demat account, it is easy as well. Check out the steps here.
What is the first step to investing in the Indian stock market? How do you open a demat account and start buying shares?
- Choose a Depository Participant.
- Fill the application form.
- Complete the verification process.
- Wait for the approval from your DP to activate your demat account.
You can now also open demat accounts online from the comfort of your home or your office. With Angel Broking, you can open your demat account free of cost and enjoy free equity delivery trades for your lifetime.
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