How do I go about investing in equity?You need to have a broking account, demat account and bank account
04 Dec 2008
You need to have the following accounts:
- A broking account with a stock broker
- A demat account with a depository participant
- A bank account for cash payments, receipts (you can use an existing account)
You then need to decide whether you want to invest by making purchases/taking delivery of shares or by undertaking margin trading (in this case you pay only a portion of the cost for purchases and your broker funds the balance and you don't take delivery of the shares. You simply book your profit or loss).