FinAsst Free Lesson 1
Know India's best stock broker according to public votes. Stockbroking is being very popular n India because of the country's GDP growth. Its not easy to pick the best stock broker by considering the facts safety, security, platforms, support and other features. Choose your favourite two broker houses and see the result.
1. ICICI Direct
Being a leader with a large customer base in India, even though their brokerage is high, trust is more important in investing. That’s why ICICI still a leader in broker services.
2. HDFC Securities
By considering the investments and revenue, HDFC is among top broker in India
It’s growing fastly because of its simplicity and discount brokerages. Open Account Now
Sharekhan struggled after the 2009 recession, then now again active with their business
5. Axis Securities
Axis is getting best reviews recently and their platform is the best in the industry to trade
6. Kotak Securities
With 3 in 1 facilities and improvements in banking made it to a competitor for the above brokers
7. Angel Broking
Active in their business, having lots of franchisees in India
8. Motilal Oswal
Best in research and advisory provides best recommendations for investments
9. India Infoline
IIFL is popular from old days, it is huge no of customers
10. Karvy Stock Broker
Headquartered in Hyderabad, India. Karvy Group is one of the leading financial services conglomerates.
This list is temporary, please vote for your favourite stockbroker and know top 10 best broking firms
If you want to earn money in the stock market, keep yourself up to date. In addition to the information about stock market activities, news about companies and other information, information about how the stock market works, what other information should be kept in mind for those who invest in the stock market. What news, statistics and trends we should take care of and how they all can affect our investment today tell you in detail.
Earn money in the stock market:- The stock market can actually earn exactly which keeps good information about it. And just getting information is not enough, here you always have to know the latest information and news. If you are investing in the stock market then you have to be careful about the companies whose shares you have bought or the shares you want to buy and their financial results, what are the latest news about that company And what are the latest economic results of the company? In the same way what kind of business your company is in, what kind of activities are there in the industry and overall the performance of the industry is also to be kept in mind. Also, keep an eye on the overall stock market move.
Economic conditions of the country and economic policies of the government:- What is the economic situation of the country, how the government’s economic policies will affect the different industries and what are the changes in the government’s economic policies? At the same time, other economic indicators such as GDP, inflation data, rates of interest in banks, rates of growth in industrial production should also be kept in mind. The rising demand for balanced inflation can also be a symbol of the economy. Decreasing interest rates of banks mean loans may be available to companies at low interest rates. The effect of the reduction in interest rates on savings in banks may also be that people should withdraw their investments from the bank fixed deposits and start investing in mutual funds or directly in the stock market.
World economic circumstances:- And in today’s times, while many foreign investors and institutions invest in the stock market, we should also keep in mind how economic conditions are going on in the world. How the world’s stock markets are performing Foreign investors who take more interest in investment in countries where there is a greater chance of growth.
Technical, economic and social change:- Make money in the stock market, so keep an eye on the upcoming technical, economic and social changes. See also which companies may be affected by these changes. As people leave the typewriter and start using the computer. After eating native food, eating burgers and pizzas, new changing fashion and clothes. In the coming days, if diesel and petrol vehicles are replaced by electronic vehicles, then which companies will be affected? So in this way if you want to earn money in the stock market, keep yourself alert and up to date, keep getting information and news and also analyze their effects. If you keep yourself up to date for earning in the stock market then surely you will earn good money here and you will lose the chances of getting the loss.No Fields Found.
Share means you have a stock of a company, then you become the owner that company as you have stocks. By buying shares from the stock exchange, you can also become the owner of any company listed here.
To start any company, a lot of capital is required. It is very difficult that one person can put such a huge capital in his company. But if he is divided the capital into small shares, Many people can buy a stake in that company and become the owner of that company. Any person can buy shares in accordance with their capacity to own as much as the company’s share. It is as much as its capacity.
It is necessary for any person to easily purchase shares of a company, that the company is listed on some or all of the stock exchanges. Once a company is listed on a stock exchange, the shares of that company start trading in the exchange. For this, companies come with IPO. After the listing, the shareholder of that company can sell their shares on that stock exchange and the person interested in buying that stock can buy the stock from the same stock exchange. When a company’s stock is readily available for sale or purchase, it is called liquidity or liquidity of the shares of the company. The actual market value of any stock can be higher or lower than its face value. And this price depends on the demand and supply of shares. This is the general rule of the stock market that if the share price is high, its value increases and if the share is not demanded, then the share price decreases.
The person or group of individuals planning to start a company is called a promoter. The promoter holds one share in those shares and the rest is offered to the public. The part that the promoters have usually does not come to be traded in the stock market. The share market is the share of the same trade which is held by the public.
Generally, the investor in the shares is called an investor, but many people work in day trading. According to me, the real investor is there, after buying the stock, keep it with him for a minimum of three years.
After trading or buying a stock in Day Trading, the deal is refunded the same day. That is, if a De-trader thinks that the stock of Reliance Industries is going to increase today, it starts buying at the beginning of the trading and if he sells it back before the market closes, then he will call Day Trading.
According to me, Day Trading is a very dangerous sport and it is gambling in a way so most of the investors should stay away from it. It may be that when you open your trading account with a broker or bank, the staff there invite you for de trading. Understand this, the number of times you trade, the broker will get your brokerage.
It is not necessary that you are profitable in every transaction, so whenever you invest, invest only by thinking about the long term and trust your decision. Frequent switching of shares is not beneficial. Be sure to assess your portfolio every three to six months.No Fields Found.
Usually, people find best mutual funds schemes by looking into star ratings through websites like moneycontrol or valueresearchonline. Or sometimes we look into rankings of the best fund schemes which has given best returns in the previous 3 to 4 years.
But such cases for highly rated fund scheme managers need to be more responsible for such huge investments from customers and this leads him to compromise on the stocks he selects in the future.
So it is not predictable that the schemes which have the good track record till date will perform better in the future.
To pick the best mutual fund schemes go through these points mentioned below,
- The fund which has the best track record on the basis of consistency, with which safe track record rather than risky.
- Check for the fund manager previous track records also check if the fund manager changed for a particular mutual fund scheme. If a fund manager handles 5 funds and he is managing 3 or 4 funds better out of 5, then we can consider him he is good at managing fund schemes.
- Best return without risk track records are important.
- Large caps with a big percentage of return is more important than mid-cap/small-cap fund with a small percentage of returns.
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How it’s going to affect global market, The U.S senate passed tax cut and job act plan by Trump. Which means the corporate tax reduced from 35% to 20%. This will help the wealthy.
By the way last day didn’t took this news seriously by the market. But it will help the US companies and the dollars. Whether it will help the bull market? it may or it may not. The US market can become beneficial by getting more investment.
Everyone hope this won’t affect other markets like India badly. Depends upon the reach of this act inside global market.
Wait and see.
It is always a confusion for peoples that what I need to do with my PF account, if in a career gap or jobless situation.
Employee Provident Fund is one of the great investment methods to save a little money per month, it also gives 8-9% interest annually. One important thing is that these earnings are tax-free if you are not withdrawing the money before 5-year completion.
Benefits of Keeping EPF
- EPF considered as Retirement benefit money, so it is always better to continue until you are employed
- It is Tax-free if you are not taking PF amount within the 5-year timeline
- switching PF account from one company to new company is an easy process
PF Amount withdrawal
You can withdraw your PF amount if you unemployed for 60 days after the last job. UAN is a mandatory number which will be provided by your previous employer. Before withdrawing your PF you need to make sure that whether you completed 5 years with your PF account or not because if the PF is active less than 5 years, then there will be tax while withdrawing the money. You need to update KYC which is mandatory nowadays, Also you need to verify the bank account, Adhaar card as well as the PAN(PAN needs to be updated to avoid 35% tax for the PF balance 50000 INR and above) card before claiming the amount.
Refer these videos to know how to check your PF balance and withdraw your PF,
GST is implemented in India from July 1st, 2017. What is GST? How it is different from previous tax structure. Consider this business structure, Buying Raw Materials
Manufacturing -> Sell To Warehouse or Wholesaler -> Sale To Retailer -> Final Sale To Consumer ->
For example, A shoe manufacturer need leather and plastics after production he sells to the wholesale team, Hence they will add labels with additional value to the products. After this, The retailer buys this product and after separate packaging process, they will increase the value to the shoes.
But GST will be levied on all transactions happening during the entire manufacturing chain. That means instead of the excise duty, State wise VAT and the point of sale VAT there is only GST.
The shopkeeper has paid a tax when he bought the item from the wholesaler. To recover that amount, he passes the liability to the customer. GST means the final liability on the end consumer is decreased.
There 3 Kind of GST
CGST: where the revenue will be collected by the central government.
SGST: where the revenue will be collected by the state governments for intra-state sales
IGST: where the revenue will be collected by the central government for inter-state sales
Goods and Service Tax (GST) as the name suggest is one single tax on the supply of goods and services, right from the Manufacturing to the ultimate delivery to a customer.
ie, The final consumer will thus bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.
GST Simple Explanation | Hindi