A stock market is a place where shares are being bought and sold. You can buy or sell shares through registered stock brokers as India is a country that does give you the consent to buy or sell shares directly in the stock market.
Many yearn to invest in online share trading from Chennai, a town that is huddled with various business and trading options. There is often a huge search for a reliable and trustworthy place to get a perfect direction for a successful online share trading from Chennai. Lack of knowledge and proper insights have kept this huge potential area of investment from exploring. Though there are many brokers for consultation regarding online share from Chennai trading it is often advisable to rely on a service provider who has a proven track record and transparent process.
India has 2 stock exchanges – National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). There are several national and regional stock exchanges spread across the nation providing share trading online. Major portion as much as 80% of the share trading is reported to be happening at BSE and NSE. Most of the key shares and daily traded volume terms to be similar for both exchanges giving the investor ample opportunity to pick and choose as per your discretion.
Take note of the workdays – both work throughout the week and remain closed on Saturday and Sunday and all national holidays.
The online trading system (Mobile Trading Platform, Web Trading Platform) has facilitated the traders with more transparency, efficiency, automatic order matching, and speedy processing of the transactions in comparison to the earlier systems of traditional offline trading.
Who is a reliable stockbroker?
- A reputed broker such as Xtrade which is registered and licensed by SEBI ( Securities & Registered Board of India )
- A broker who shows more transparency in client dealings with clear communications given to its registered clients
- Always select a full-service broker that provides excellent client support and timely guidance.
What are Shares or Stocks?
Every company needs money to carry on its operations. Companies approach investors and banks to get loans or borrow money from common people by issuing bonds which levies huge interest. The best way for a company to raise money from the market and avoid such heavy interest is by issuing shares to the public. A share issue comprises selling a part of the company to people or institutions who buy or invest their money.
Why should you invest in shares?
You get ownership of the company by investing your money in the shares. The percentage of ownership will depend upon the number of shares you bought. This will also entitle you to receive dividends, i.e., a share in the profits which the company earns by doing business. Apart from dividends, shareholders also enjoy capital appreciation. Prices of the share of a company increase as the profit of the company grow. When the price of the share increases you can sell your shareholding at a good price to earn a profit.
It’s time to grow your money from the stock market. Register with a broking company like Xtrade today and stand a chance to be guided by a professional market expert who will guide you to do profitable trades. Start with the minimum investment for learning the art of online share trading from Chennai.