How to invest in the stock market?

Nowadays, everyone wants to increase their own savings many times over. The stock market is a place where you can get a higher return than depositing money in a bank or fixed deposit or mutual fund. But when new investors think of investing in the stock market for the first time, there is only one question in their mind that how to invest money in the stock market, the complete method of investing money in the stock market, the minimum amount of money you can invest, etc.
If you want to invest in the stock market, then read our article carefully.

How to invest in the stock market

To invest in the stock market, you initially need a bank account, a trading account, and a demat account. If you have these three accounts, you can easily invest money in the stock market. And of course, you must be 18+. Let’s know the complete steps to invest so much in the stock market:-

Choose a broker

A broker means a person or an organization that will help you buy or sell shares. Earlier, a person used to work as a broker but nowadays there are various online broker apps in the market which allow you to buy and sell shares online directly from home. No need to worry these apps are regulated by SEBI and they are reliable. Like- Zerodha, Upstox, Grow, etc.
Also, big banks of the country provide this service. You can visit your bank branch and find out.

There are two types of brokers:-

Discount broker.

Full time service broker.

If you want to invest money in the share market for the first time then you can use discount broker. Again, if you want to invest a lot of money and for a long time then you can open a demat account with a full time broker.

Below are the names of some trusted brokers in the market where you can open a demat account and invest money in the stock market online from home-

• Zerodha
• Groww
• Upstock
• Angel one

You can choose from these brokers and open your demat account with any one of them.

Open a demat account

After choosing a broker, you need to open a demat account. To open it, you need-

• Aadhar card
• PAN card
• Active mobile number
• And an active email ID

Steps to open a demat account-

First of all, you need to download this broker app on your mobile.
Once the download is complete, you will sign up on the app. To sign up, you will need to fill in your name, date of birth, PAN card, Aadhar card, active mobile number, and an email ID, etc.
You must double-check the information you have provided.

Connect Bank Account:-

To login to the app, you need to connect a bank account through which you can invest money in the stock market and withdraw the invested money. The bank account you provide must have a bank account link with the mobile number associated with your demat account. And your bank account must be active.

Add money to your account:-

After completing all the above steps, you need to go to the broker app and add money to your demat account from the bank. You can add money through UPI and net banking or any other method.

Stock Selection-

After adding money from the broker app, you are now fully prepared to invest in the stock market. Then you need to do a little research and select the right stock and buy that selected stock by clicking on the buy button.

And you can also monitor your stock portfolio in that app. You can sell that stock according to your strategy.

Method of withdrawing money-

We have learned above how to open a demat account, how to add money, how to buy stocks, but now the question is how to withdraw our invested money. Let’s find out-

It is very simple, if you want to sell your stock, then you can sell your stock at any time while the stock market is open through that app. That sale price will be credited to your demat account within 24 hours to 72 hours. You can easily withdraw that money to your bank account by clicking on the withdraw money option of the app and following some simple steps.

Minimum amount you can invest

The minimum amount you can invest depends on your broker app. Most broker apps have a minimum investment amount of 50 to 100 taka.

Age limit

If you want to invest money in the stock market, your age must be at least 18 years.

Conclusion:

We hope that after reading this article, you have understood how to invest in the stock market. If you have any doubts or questions about investing in the stock market, you can comment. We will try to answer your questions.

Disclaimer:

This article of ours is written only to increase knowledge about the stock market. Before you invest money, you must