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Archive for May, 2011

How to Begin Investing in Stock Markets

May 27th, 2011 No comments

How to Begin Investing in Stock Markets

I am writing to help those readers who would like to start investing in stocks but need to get all the relevant information at one place and in a simple format, to get started.

To start investing in stocks is really simple; you just have to open two accounts: a demat account and a trading account.  We have given below what these accounts mean and how to open them.

Demat account
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Demat is simply short for Dematerialized account. Stocks and shares are stored in a non-physical form in this account. Just as you require a savings account with a bank for storing your money, you would need a Demat account to hold your shares in a dematerialized form.

How to open a Demat account?

You can open a Demat account with any registered depository participant (DP).
To get a list of registered DPs,you may want to visit the NSDL (https://nsdl.co.in/direct_search.php) or CDSL (http://www.cdslindia.com/demat_acct/open_demat.jsp) websites. Once you have chosen your DP, your DP will help you complete the formalities of opening an account. This typically involves the following steps:

->    Filling an account opening form
->    Signing an agreement with the DP, which is meant mainly to protect your interest
->    Submitting supporting documents on the proof of your identity and address.

Trading Account
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In order to trade in stocks (i.e. buying and selling) one needs to open a trading account. This is done through a stock broker who is a member of a stock exchange.

How to open a trading account?

Follow these steps to enroll as a client of a broker:
1) Identify a Trading Member: Find out the list of trading members from NSE’s website : http://www.nseindia.com (under the link ‘Members’)
2) Contact the Trading Member: The investor should contact the trading member either over the phone or make a personal visit to the trading member’s office.
3) You have to inform the trading member whether he or she wishes to trade through the internet (if the trading member provides internet trading facility) or directly over the phone.
4) You have to provide the trading member certain simple and standardized details as part of regulatory requirements and sign a Member Constituent agreement. The Member will help you complete these formalities.
5) Trading member will issue you a unique client ID.
6) You can now commence trading.

Categories: Stock Market, Tragedy Tags: , , , , , , ,

Exams, examz & exam.

May 22nd, 2011 No comments

Exam pressure is one of those which has a huge magnitute on all students. We have to face this pressure after every few months. An example of the same is >>>>>me.

Well on 15th May my IPCC group 2 exams were finally over. I just thought wow no more exams now, just fun masti enjoyment but look what happen with me the same day when I reached home. There was an admit card posted by School of Open learning, Delhi University (i.e. The same place from where I am doing B.Comm[H]).
After opening it, I came to know that I have to give another examination, Yes it was for B.Comm only.

And the worst thing was that it was scheduled from 20th May, means Friday of the same week.
It was a very irritating moment for me and I think that I should get use to it.

Well wish me luck for these examinations and lets see what God has sent me in this packet.

Update: Exams are over now and I have cleared my IPCC Group 1. Now I have to prepare to give my final examination which is on nov, 2012. Still for the time being I can say myself “Exams are over Arjun”

Categories: Tragedy Tags: , , , ,