Oct 03, 2022
Last updated on Oct 03, 2022 in Stock Market
In today's blog post, we have discussed this topic, through this article we have tried to provide you with information about the process of buying shares as well as the best platform to buy shares.
If you have just started learning about the stock market, then definitely read this article till the end, because you are going to get very useful information in it. So let's start this article of ours without any delay –
There used to be a time when the process of buying shares was very long, due to which very few people were able to invest in the stock market. But in today's digital era, buying shares has become very easy, the main reason for this is that almost all stockbrokers have launched their own mobile applications due to increasing internet usage.
You can open your Demat account sitting at home by downloading the stockbroker's mobile app and then investing in your preferred stock.
The easy process to buy shares online from the stockbroker's mobile app is as follows –
But you should keep one thing in mind before buying shares, you should understand the stock market well and do proper research about the company whose shares you want to buy, only then you should invest in the stock market.
If you people have little knowledge of the stock market, then you will know that you cannot trade in shares directly from the stock exchange, for this you need a middleman, which we call a stock broker. The stock broker buys and sells shares from the stock market on your behalf.
A stockbroker can be a person, organization, or company who has knowledge of the stock market. There are many companies in the market that provide the service of the broker, you can easily buy shares by downloading the mobile app of these brokers.
In the previous article, we told you about the best stock market apps that you can read.
In this article, we have taught you how to buy shares with Groww and Upstox apps, both of which are the best applications for trading in the stock market at the moment. Because the review and rating of both these apps are good as compared to others.
#1 – First of all, download the Groww app from Google Play Store and install it on your device.
#2 - After this, you have to open your Demat Account on Groww App, let us tell you that it may take 24 to 48 hours for Demat Account Verify. You will be able to buy shares from the Groww app only when your account is verified.
#3 – After successfully opening Demat Account, you log in to the Groww app by entering your username and password.
#4 – On the home screen, you will get the option of Stock, click on it.
#5 - Now the names of different companies and their share prices will be shown in front of you, click on the company's share you want to buy.
#6 – After this, you have to click on the option of Buy.
#7 – Now you have to fill in some basic information related to buying shares, such as –
In Share Type, you can select either Intraday or Delivery. Select the type of share you want to buy.
In Qty, you can select BSE or NSE, this is a type of quality.
Enter the number of shares you want to buy in Number.
In the price option, you can select Market or Limit. The difference between these two is that if you select Market then you can buy that share at market price immediately, and if you select Limit then you will be able to buy that share only when it reaches the limit set by you. will go.
#8 - After doing all this, you will be told the total price of the share, in the end, you have to click on Buy Now and you can buy the share by paying.
So friends, in this way you can buy any share very easily on Groww App, similarly if you want to sell a share then select the stock you want to sell and then sell the share by clicking on the Sell option. can.
Upstox is also the best and most popular stock broker in India, with the help of this you can invest in securities like shares, mutual funds, IPO, etc. Buying shares in Upstox is very easy just like the Groww app. To buy shares from the Upstox app, you follow the process given below.
Share Buying Rules
Friends, now you must have understood how you can buy shares from the stock market, let us now also know about the rules of buying good stock so that you will be able to invest money in the right stock.
Before investing money in the stock market, you have to make the right plan. Your financial objectives should be clear whether you want to invest in the long term or short term. When your financial objectives are clear and your investment plan is right, then you will be able to do better in the stock market.
A stock broker is required to invest in the stock market, there are two types of stock brokers, one is Full-Service Broker and the other is Discount Broker. If you are completely new to the share market and want a stock broker to guide you in the stock market then you can go with a full-service stockbroker.
But if you have knowledge of the share market and you know which shares you want to buy and which are not, then Discount Broker is good for you. Full-Service Broker provides more services than Discount Broker, so the fee of Full-Service Broker is higher than Discount Broker.
You should always open a Demat account from a stockbroker who is certified by SEBI.
Do your research thoroughly about the company whose shares you want to buy. In the stock market, you should never buy shares by paying attention to the things you have heard because most of these are only rumors. If you do not do research on your own and buy shares at the behest of someone, then you are more prone to lose.
Buy shares according to your budget, never create a situation by buying more shares than your budget that you have to face financial problems. Therefore, whenever you start investing in the stock market, first keep your budget fixed.
So these were some points keeping in mind that you can buy a good stock.
Friends, in today's blog post, we have discussed how to buy shares and have also told you about the rules of buying shares. In this blog post, we have given you basic information about buying shares, if you are in the stock market now If you are new, then you can buy a good stock by following the things mentioned in this article.
So, friends, this is all in this article, if you have any questions related to this article in your mind, then definitely tell us in the comment box, and if you liked this article, then definitely share it with your friends on social media.
Disclaimer– This article is written for information and education purposes only, we do not recommend you to invest. To invest in the stock market, take the help of your financial advisor.