Are you confused to invest money in Share Market, as you don’t have a sound knowledge in Stock market? But truly speaking this is not a tough job. You can have enough knowledge about companies from it.
If you are a beginner, then you should go with demat account for trading. This is the best option to acquire some knowledgeable experience before you invest in a suitable sector. In this regard you can sign up for virtual trading accounts at moneycontrol.com and nseindia.com.
Recommended Stocks to Buy.
There are various sectors in Stock Market such as Oil, Banks, Real Estate, Construction, Finance, Telecommunication, Food and beverages, Refineries, Steel, Broking firms, Metals, Jewelery, Consumer Goods etc.in which you can start investing. You must see the fundamentals of the company, turnover, and balance sheet before investment.
One more factor is term of investment; you can either invest for short term or long term. Long term investments are those in which investor buy share and keep those in his/her portfolio for more than 6 months. On the other hand Short term investment is those in which investor buy shares and keeps in his/her portfolio for 3-6 months.
Some famous Share Trading brokerage Firms and Stock Exchanges
Some of the well known brokerage houses in India are Angel broking, ICIC Direct, Reliance money, Sharekhan, HDFC Securities, India Infoline, Mangal Traders etc.
Two most popular stock exchanges in India are Bombay Stock exchange (BSE) and National Stock Exchange (NSE). Multi Commodity Exchange (MCX) and National Commodity and Derivatives Exchange (NCDEX) are exchanges for bullion and agri market investments respectively.
Thus to Start investing in stock market you should remember few things:
1.Invest in those companies with which you are familiar.
2.Read annual and quarterly reports of companies and do some fundamental study.
3.Do not blindly depend on third party stock tips.
4.Get educated by reading articles about stocks and commodities.
5.Develop investment policy and financial aim.
6.Branch out your investment and keep away from putting all your money in one or two stocks.