best demat account in india 2011

best demat account in india 2011 : Opening a Demat account is mandatory for share trading For trading in the Indian share market you need to open demat account and the money to trade. A demat account is just like a bank account where actual money is replaced by shares. You have to approach the DPs (Depositary Participants), to open your demat account. Let’s say your portfolio of shares looks like this: 250 of Reliance, 150 of ITC, 100 of TCS and 50 of Maruti.

Understanding Demat and Trading account relationship Some of the beginners to online stock trading do not understand relationship All these will show in your demat account. You don’t have to possess any physical certificates showing that you own these shares. They are all held electronically in your demat account. As you buy and sell the shares, they are adjusted in your demat account. Just like a bank passbook or statement, the DP will provide you with periodic statements of holdings and transactions.

Nowadays, practically all trades have to be settled in demat form. Although the market regulator, SEBI, has allowed trades of up to 500 shares to be settled in physical form, nobody wants physical shares any more. So a demat account is a must for trading and investing in the Indian share market.

Opening a demat account for trading in the Indian share market is as simple as opening a savings bank account. You have to approach a Depository Participant (DP) to open a Demat account. Most banks and share brokers that offer share trading services are DPs. Read More....

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