1. Opening a BO Account
Entering the market requires that you have your own Demat and trading account. This is the starting point to invest in the market. It’s called a BO account. This account should be linked to a pre-existing bank account for a seamless transaction.
2. Account Activation
The next step is to log into that trading account by depositing cash or cheque. The next step is to log into that trading account by depositing cash or cheque.
Then go ahead and choose the shares that you wish to sell or buy. Ensure that you have the requisite amount of funds in your account that can help you buy the shares. Alternatively, if you wish to sell, make sure you have the right number of shares before you choose to sell.
4. Decision making
Next, decide the price at which you want to buy a share versus sell it. Wait for the buyer or seller to reciprocate to that request.
Complete your stock market investment transaction by transferring the money/shares and you will receive money/shares.