Most people have a myth that the stock market is not a good place for them. It’s not at all true, some people may are afraid just because they heard some random people saying that investing in the stock market is very dangerous. If you have knowledge about the stock market then it’s not at all risky.
If we see the statistics, only 1.5% of the total population invests in the stock market. The reason behind this is :
- Lack of knowledge
- Lack of trust
- and many more
How Many Stock Exchanges Are There In India?
In India, there are two stock exchanges
- NSE (National Stock Exchange):- It is situated in Mumbai and it is the biggest stock exchange in India.
- BSE (Bombay Stock Exchange):- It is the oldest stock exchange in India.
How To Invest In The Stock Market?
For investing in you need a Demat account. Basically, a Demat account is a type of account using which you can buy and sell the stocks of any company. The Demat account needs to be open with a broker. Recently, A stockbroker namely UPSTOX is backed by our well-known business tycoon Mr. Ratan Tata. Even I have my account with Upstox. You can open your upstox account from here.
You can start with just 500 INR and can earn as per your knowledge.
So at last I would like to encourage people to open their Demat account and start trading. It’s very easy to trade if you learn properly.
If you have any questions you can contact me.
Take Care and Stay Safe.