Online Trading

With humongous volumes being traded every day, there are several brokerages all over the country that facilitate trading either online or through their branches or offices. You can go through the list of trading brokers given below. We have tried to make this list as comprehensive as possible, but there may be other registered brokerages which you may not find in this list. Some of these may also be investment banking companies or online financial companies.

•    5Paisa.com – Online trading.

•    Advani Share Brokers – Share broking.

•    Olympia Securities:NSE stock brokers

•    Anand Rathi Securities – Portfolio management.

•    Birla Marlin: stock broking

•    CIL Securities – Stock broking

•    DSP Merrill Lynch – Investment banking and also a brokerage

•    Dutt Stock Broking Ltd: A specialist securities firm

•    Dalmia Securities – Stock broking

•    Gandhi Securities – Stock broking
•    Idafa Investments – Stock broking

•    Investsmart India – Online brokerage services

•    Kisan Ratilal Choksey Shares – Stock broking

•    Kotak Securities – Brokerage services

•    Navia Markets – Stock broking

•    Quantum Securities Pvt Ltd: Based in Delhi, Members of NSE and BSE.

•    Parsoli Corporation – Investment management & stock trading

•    Pratibhuti Viniyog – Stock broking

•    Prudential – Investment management

•    Motilal Oswal Securities: Mumbai-based stockbroking firm; member of the BSE, NSE and OTCEI

•    StockMarkit.com – Stock quotes, news

•    Sunidhi Consultancy – Stock broking

•    PPFAS Ltd: Mumbai-based broker

•    Skindia Finance – Brokerage firm

•    Walletwatch: Financial Portal

•    SeekandSource.com: Stockbroking firm in Mumbai; member of the Mumbai stock exchange

Day trading is a recent concept that came up in trading but has become hugely popular. The market is a very volatile place and you can never really be very sure of how the market is going to react. Whether there is going to be a rally or a slump. And hence traders who trade through a day and through a day only are referred to as Day traders. Day trading is the concept where by investors and traders enter the market in the mornings and exit it before the end of the day that is before the closure of the market for that day.

Since they enter and exit on the same day, they keep a close look out for stocks which are behaving very well on a particular day. Hence day traders do not look at stocks or commodities or the currency from a long term perspective but are interested in how a particular stock or stocks are going to perform on that particular day and hence what can be the results associated with that stock.

Day traders follow the news developments strongly and may buy or sell as soon as they get a sense that the market may tend to change. Day traders do not thus depend upon the vagaries of the stock market. They are able to exit every day before the closure of the sensex market and hence in some cases they are able to make their losses less or make themselves less vulnerable to any variations that may affect the stock markets thereby increasing their chances of making more profits.

There are several online web sites that offer you to trade in shares online. These web sites are just like your brokers who help you in your transaction and take a small brokerage fee for the same. If you are looking forward to trading shares at the National stock exchange, Bombay stock exchange then you can create a demat account and then choose one of the online brokerages which suit you. Now you can get started with online share trading. Gone are the days when you had to individually go to the broker or give him a call now the authority of buying or selling the shares is in your hands.

And you can choose to buy or sell shares online as and when you want. Online share trading is a real time process. So you can keep checking the stock price and then can decide when you want to buy or sell it. Online share trading can be done on various stock exchanges present all over the country. There are a large number of web sites that offer you the chance to trade in shares. You have to create an account on these web sites before you actually begin trading in shares.

Once you have created an account for online trading, you can buy or sell the shares of a certain company or stock as per your wish and convenience. You can keep a track of the daily happenings in the market as well as any other news related to the company whose stock you wish to buy or sell and then perform the necessary transaction bases on your discretion.

The Bombay stock exchange is one of the largest and the oldest stock exchanges in the country. Located at Dalal street in southern Mumbai, this stock exchange has attracted millions of investors. The Bombay stock exchange is also referred to as the sensex. The sensex is the weighted average of the stock prices of 30 companies. These companies are from various industries like Banking, IT, power etc. The sensex is a general representative of how the stocks are moving on the bombay stock exchange and what is the market sentiment at that time.

The Bombay stock exchange provides online trading through a popular facility known as the BOLT (The Bombay stock exchange on line trading) platform. Earlier when an investor used to buy the shares of a company, he used to get a certificate where as now since all the transaction happens online, h e does not get such a certificate. On the BSE you can trade in any stock of a company that is listed with the Bombay Stock exchange. Remember when ever trading you should use a registered broker to carry out the operations. You should make sure that the broker is registered with the SEBI that is the Securities and exchange board of India and the BSE.

There are in all nine hundred plus trading members associated with BSE which provide trading in over 4500 equities as well as 1400 debt securities. It also provide a trading platform for traders and investors in derivative instruments like index futures, index options, stock futures and stock options.

With the world economy being unstable the currencies of respective countries of the world have also been unstable thereby promoting investors and traders to trade in currency. Currency trading or Forex trading is the trading of the currency of any currency. For example if we were to consider the rupee vs dollar comparison. Assuming a standard value of an American dollar being equivalent to forty Indian rupees. If the value falls below forty rupees then the rupee is said to have appreciated as against the dollar and the dollar is said to have depreciated in value.

If the exchange rate between the rupee and the American dollar falls then the rupee is said to have depreciated against the American dollar. The Indian rupee is said to have become weak. A weaker rupee is good for companies that are into importing where as a stronger rupee is strong for the exporters. Not just the American dollar, there are several other currencies which are traded on the currency market every day like the Euro, yen, yuan, pound, American dollar etc. These currencies are regarded to be stable currencies as they have been able to withstand their value over the years. Hence they are ones which are traded the maximum in.

Now you can even do currency trading online. Currency trading does not have any other specific requirements. Millions of net worth in value is traded across the currency trading exchange every single day. And with the variations in the value of the currency of a country increasing then currency trading on that currency will surely start.

Every one wants to be making money. And traders and investors are just normal professionals who earn their living through the stock markets. A common question that arises in every one’ mind is Why should i invest? Well every one and any one who wants to be making money should be investing. When you invest in any company by buying its shares.

Then you simply become a rightful owner of the company. Though it is a very small percentage. But as the company grows so does your share in the organization. Hence if you bought say hundred shares of a company for about Rs. 30 then your initial expenditure is three thousand rupees. Now as the organization grows the value of the share may rise from the earlier Rs. 30 to Rs. 60. Hence now your initial investment of three thousand rupees stands doubled as six thousand rupees. Each and every company wants to grow either in terms of revenue, profits, employees, market share or the number of projects and hence you can expect a company’s stock price to increase in the longer run.

Now trading or investing in stocks has become really easy. Due to the internet that has come in to our lives you can buy or sell stocks, commodities, currency just by a single click. There are several online brokerages that allow you to trade in various instruments online. Online trading has caused a revolution these days as any one and every one who has an internet connection can now trade in shares of his or her choice.

Buying or selling a stock is just like buying or selling a car or any other household appliance. Think of how much research you would do when you would be buying one of those and hence while buying any stock any equal amount of research is required. Better than just trading in stocks what might be more beneficial could be long term investing.

Traders normally buy stocks for short durations of time and part ways with it as soon as they feel that they have made significant profits but if you were to invest in a stock for a longer time you could make more profits from it. That is if the general trend of the stock remains upwards and so do the markets. You should never fall for any market rumours or any speculation news items that come out in the open.

You should depend on your own observations and research or the research of any other knowledgable or trust worthy person. A lot of trading analysts or equity research analysts come up with hot selling or hot buying items. But rather than just plainly going by what other people say you should always apply your own discretion.

Whenever investing or trading that the stock market may be a risky proposition and hence it is better to diversify your investments in several companies or several types of investments in order to minimise the losses if one of them goes through a tough time. Also it is important to note that not all the part of your portfolio be allotted to share trading. Some money should also be kept aside so that it helps you wither any market upheavels.

•    Remember the online platform may be open to a lot of people hence if you are using a public computer do not save your username password or any other details which can be misused by other people.

•    Do not do any online trading from any web site which does not begin with https. Https sites are secure sites and hence are considered ideal for online share transactions.

•    Do not disclose the password of your demat account to any one and remember to keep changing it from time to time.

•    Do not get carried away by any Market rumors and make sure that the information you obtain about a certain stock or a company is from reliable sources before taking any decision based on those sources.

•    Do not get carried away with equity research analysts calling a stock the hot buy or the got selling stock. Use your own discretion. Go through the financials of the company and make your own decision.

•    While using the facilities provided by an online broker or sub broker make sure you that the broker has a contract note which has been issued as well as signed by the Securities and exchange board of India(SEBI). The brokerage can not charge more than 2.5 per cent brokerage and you should ensure that they don’t.

•    Also you should keep asking the broker or brokerage to issue you monthly statements of your account with the monthly transactions if any listed in the statements.

•    You should go throw the rules, regulations if any provided by the national stock exchange or the Bombay stock exchange or the securities and exchange board of India.

In order to do online trading on one of the established stock exchanges in Indi a like the National Stock exchange or the Bombay stock exchange you need to open a demat account. A demat account is an account that belongs to an individual and is necessary in order to be able to trade shares online. In order to create a demat account you need to meet a DP. You can get in touch with any of the major private sector or the public sector banks in the country. These banks will let you open the demat share trading account.

While opening the demat account you might need your PAN cars. The PAN card or the personal access card is a card that is issued by the government of India and it is a personal card that only u can possess. If you do not yet have a PAN card then it is advisable to get a PAN card in your name because for not just opening the demat account but for several other purposes as well you might need the PAN number. You can visit the following link in order to get a PAN card made in your name. https://tin.tin.nsdl.com/pan/index.html

The demat account can also be opened by the brokerage that you want to register with while wanting to trade shares. You will find the names of several brokerages as well as sub brokerages on this web site and you can contact any of them as they will also help you in trying to get a demat account made under your name in order to do online share trading.