Finance – Skill Development Section

We are here to introduce parents as well as grown up children to the financial markets. Come along with us to enter the world of financial markets.

Frequently asked questions

Q. What is the first step to trading or investment in stock market?
Answer: One bank account and demat account is necessary for trading through brokers
(like Kotak securities, IndiaInfoline ltd,karvy broking ltd,ICICIdirectading or sharekhan etc)
after producing pan card, address proof, age proof, 3 months bank statement, cancelled cheque,
Two passport size photo & filing necessary documents.

Q. What is demat account?
Answer: In India shares and securities are held electronically in a Dematerialized account instead of investor taking physical possession of certificates.

Q. What is the educational qualification required for trading in stock market?
Answer: No prior education is required for trading in stock market. but, you will definitely have an edge if you possess a degree in finance.

Q. What is the minimum age for opening a demat account?
Answer: Minimum age required for opening a demat account is 18 years.

Q. Who is a broker?
Answer: A broker is a member of the stock exchange, who buys and sells stocks
on his behalf and also on behalf of his customers

Q.What is the difference between trading and investing?
Answer: Trading is buying and selling stocks over a short span of time while investing is buying stocks for a long term period.

Q. I am a student can I trade in stock market?
Answer: Any person above 18 years of age is eligible for opening a demat account and trading independently.

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