Where Should I Start Investing In India?

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Stock Market Trading is a dream occupation for most people. 

Bombay Stock Exchange(BSE) and National Stock Exchange (NSE) are the two major stock exchanges in India. The Securities and Exchange Board (SEBI) of India is responsible for the supervision and regulation of the stock market in India. Both BSE and NSE allow trading across various financial instruments such as shares, bonds, and derivatives. Companies list their shares in both the stock exchanges. 

Where Should I Start Investing In India?

To buy and sell shares listed in the stock exchange, you must know how to open a trading account. The communication between you and the stock exchange is facilitated through a trading account. It is thus essential to find the right broker and open a trading and Demat account. In India, Bajaj Financial Securities Limited (BFSL) trading account offers investors a user-friendly platform to trade in the stock market. 

Though stock market trading is a lucrative option to grow your wealth, it is often considered to be a complex process. In this complicated world of stock market trading, BFSL can be your trusted guide. With BFSL trading account, you have to pay a flat brokerage rate per transaction, irrespective of your monthly trading volume. Hence, you can incur huge savings as compared to a demat account with a traditional full service brokerage firm which charges a percentage of your trading volume as brokerage charges. 

Why Investment In Stocks Is The Best Option?

In India, you can invest in a multitude of investment products such as Fixed Deposit (FD), Public Provident Fund (PPF), Debt Mutual Funds, Equity Mutual Funds, Stock Market, Real Estate, and Gold.

Of all the investment options available, the investment made in the stock market is considered to be an ideal option. With its compounding power, it helps you to beat the race against inflation.

Fixed and Recurring Deposits are considered to be safe instruments but they cannot match the wealth creation potential of the stocks. The same investment amount results in better returns when invested in stocks. 

How To Invest In Indian Stock Market?

For Indian Investors

If you are a resident of India, to open a Trading account with a stockbroker is an easy option. 

A Demat Account allows you to hold your positions electronically whereas a trading account is an interface used to carry out buy and sell orders. The following documents are important to open a Demat and Trading account.

  • PAN card 
  • Address proof ( Passport, Aadhar Card, Voter ID, Driving License, any utility bill, Bank Statement)
  • Passport size photo
  • Cancelled cheque

When it comes to investing in India, a PAN card is a first and foremost requirement for carrying out financial transactions.

If you open a demat account with Bajaj Financial Securities Limited, you can do it easily online as the account opening process is 100% paperless. Moreover, the onboarding process is supported by seamless backofiice integration.

For Investors Outside India

In case you are not a resident of India, apart from the above-mentioned documents, opening a bank account in India is mandatory.

To open a trading account through an international broker, SEBI has mandated a one-time Know Your Client (KYC) interview. It is important to note that an inactivity fee is also levied by the broker if a minimum brokerage value is not met.

Summing Up

There’s no doubt that the stock market is tricky. But consciousness about investment goals and risk appetite helps you to plan an appropriate exit strategy. Moreover, with a diversified portfolio of stocks, you are more secured against market risks.

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