Procedure Of Buying and Selling Shares Through Demat Account
An online Demat account allows investors to trade shares and securities in the stock market. Many DPs have facilitated investors for paperless account opening processes. They offer a seamless trading facility on web and mobile apps. An investor can trade in multiple products from one Demat account. The investor should pick a trustworthy partner as his depository participant that provides Demat and trading account. An investor can start trading after getting familiar with the fundamentals of the Indian stock market and researching companies’ stocks.
There are various stock market apps available that can help investors in research work. An investor can track the stock performance and get updates on the Indian and global financial market. The stock market apps cover multiple markets such as National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and National Commodity & Derivatives Exchange Limited (NCDEX).
An investor can track the performance of Futures Options(F&O), the status of the mutual fund plan that he owns, and the commodity and currency market with the help of these stock market apps. An investor should pick his depository participant after comparing some specific features such as free Demat & trading account, secured trading platform, and low brokerage charges.
Read also:- 20 Mistakes That Won’t Let You Prosper In Stock Investing
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