How to buy or sell shares online in Indian stock market?

In the era of digitalization, the buying and selling share is just a matter of click, that to from anywhere at any point of time.

How to buy or sell shares online in Indian stock market?

In the era of digitalization, the buying and selling share is just a matter of click, that to from anywhere at any point of time.

This is possible because of the availability of mobile apps which provide almost a 24*7 trading platform accessible all time.

Instead of going with the traditional ways of booking the saudas over calls to brokers, all you need to do is start buying and selling through the online platforms such as the trading mobile applications provided by your brokers.

So taking this topic further, we will be talking about how to buy and sell shares online in Indian stock market:

First is, Open online trading account with your broker

These days almost all the brokers provide an online platform to their clients for trading.

First of all, select a broker by comparing their brokerage fees, accessibility to their market research reports, trading platform etc. with other brokers.

After selecting your broker, open your Demat and trading account by filling up the forms and providing them with the necessary documents like PAN card number, Bank account number etc. as requested by your broker.

Next is transfer your funds from your banking account to your trading account

After your submission of necessary forms and documents to your broker, he will open your Demat and trading account.

He will also give your User Id and password for login to your online trading account from where you can buy and sell shares on your own.

After getting access to your trading account, transfer funds from your bank account to your trading account to buy a share.

After transferring the funds, select a stock to buy or sell

Before buying or selling your share, it is important to do thorough research through fundamental or technical analysis.

Before relying on the recommendations given by any business newspapers or business news channel, it is important to do your own research.

If you do not have time to research on your own, ask your brokers to send you research reports on the stock which you are willing to buy or sell.

And then Buy or sell the stock online

After you have selected which stock to buy or sell, you need to fill up important criteria as shown in the following screenshot to place your order like:

• • Product type: Whether you want to buy the stock in the cash market or derivative market.
  • Order type: Whether you want to place a limit order, market order, stop-loss order etc. as given as the options by your broker.

• Quantity: This denotes how many shares you want to buy i.e. the quantity of share.

• Limit price: If you place a limit order then you also need to specify the limit price at which you want to place your order.

This is how we can also place our sell order. After filling up the necessary criteria, you can click on the place order tab, to place your order.

Last step is to Review your order

After you have placed your order, a confirmation screen will come mentioning the details which you have filled in the place order screen.

Review it thoroughly and after reviewing, click on the confirm tab to finally execute your order.

As we have discussed above, because of the online trading platforms such as mobile trading application it has become much easier and convenient to execute our buy or sell orders. We can now easily place our buying or selling orders from the comfort of our home or office without going to the broker’s office or calling them. Once we have placed our order once or twice, it will become easier for us to place our next orders.

Thank you for watching the video!