Opening a demat account online takes five steps: choose a SEBI-registered broker, fill in the online form, complete e-KYC with your PAN and Aadhaar, do a quick video verification, and e-sign. With documents ready, most people finish the process in one sitting. The usual steps: Approval time depends on the broker and whether your details […]
What documents are needed to open a demat account?
You need your PAN card, a proof of address (usually Aadhaar), proof of a bank account, a photograph and your signature. If you want to trade futures and options, you’ll also need income proof. Here’s the typical checklist: Most brokers also do an in-person or video verification, and you e-sign the forms. A common hiccup: […]
Can I trade without a demat account?
Practically, no. To take delivery of shares you need a demat account, and Indian brokers open a demat and trading account together, so almost every trader has both. Strictly speaking, intraday trades and futures and options don’t put shares into your demat account. An intraday position is squared off the same day, and F&O contracts […]
How do I register for a NISM exam?
You register for a NISM exam online on NISM’s certification portal: create an account, choose the module, pick a test centre and slot, and pay the fee online. You get a confirmation with your exam details once the booking is done. The steps in order: A practical tip from experience: book your slot about three […]
Is a demat account the same as a bank account?
No. A bank account holds money; a demat account holds securities like shares, ETFs and bonds. They’re linked, but they do different jobs. The flow works like this. Money moves from your bank account to your trading account with the broker. You buy shares. The shares land in your demat account. When you sell, the […]
What is a demat account?
A demat (dematerialised) account holds your shares and other securities in electronic form, the way a bank account holds your money. When you buy shares for delivery, they’re credited here; when you sell, they’re debited. Before demat accounts, shares existed as paper certificates. They could be lost, forged or damaged, and transfers took weeks. Today […]
What is Bank Nifty?
Bank Nifty, officially the Nifty Bank index, tracks the most liquid and largest Indian banking stocks listed on NSE. It shows how the banking sector as a whole is performing. Because banks are so closely tied to interest rates, credit growth and the wider economy, Bank Nifty is often more volatile than the Nifty 50. […]
What is volume in the share market?
Volume is the number of shares traded in a stock during a given period, such as a day or a single candle on a chart. If 5 lakh shares change hands today, the day’s volume is 5 lakh. Every trade has a buyer and a seller, so volume counts each share once, not twice. It […]
What is STT (Securities Transaction Tax)?
STT is a tax the government charges on the value of securities you buy or sell on a recognised stock exchange. It’s collected automatically by your broker and shown on your contract note. You don’t file it separately or pay it yourself. Every time you trade shares or derivatives, the applicable STT is deducted. Rates […]