The
exponential growth of the internet and the Indian stock market seems to go
hand-in-hand; it also has seen a tremendous rise in online brokerage houses
giving the man on the street an opportunity to play the stock market on an
equal footing.
One of
the major stock exchanges for dealing in stocks and shares in India is the
National Stock Exchange or NSE, with many of the top Indian and multinational
companies getting a listing in the NSE. Since it is one of the biggest stock
exchanges in India, getting NSE quotes is important if you are
involved in checking out the financial returns of trading companies listed in
the exchange. The NSE deals in equities and derivatives trading, and has been
incorporated as a tax paying company in India, unlike other stock exchanges.
The
advantage of using a specialized online stock brokerage company is that it
gives beginners advice on which stock to follow and when to buy shares; it usually makes these
recommendations on their online market portal. Based on these recommendations,
clients have invested, but whether they have made a profit on these
recommendations is variable.
Even
though the news bulletin of the online brokerage company recommends a
particular stock or share, it is prudent to do a thorough market research
before making the plunge on buying or selling any stocks or shares. Another way
to stay updated is to follow the live stock market quotes and latest business news
to help you make an informed decision.
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