Stock broking in India is done by many stock brokers and professionals

Stock broking in India is done by many stock brokers and professionals. Stock brokers are those people who deal in stocks. A stock broker is a registered and certified professional who buys and sells stocks. He is responsible for doing all the transactions in a stock exchange.

Broking in India has changed and evolved in many ways. Nowadays everything has become online. So has stock broking. It is called e broking. It has many advantages. There are many firms which provide online services and you can easily avail them at affordable prices.

Stock Broking in India can be done for many things. It can be done for investing in shares, stocks, securities, god, silver, food grain etc. You can also avail the facility of portfolio management.

Broking in India are of three types. The first is discretionary dealing. Here the broker asks the client about his interests in investment. After discussion, the dealer invests in the stocks on his clients’ behalf. The second type is execution only. in this type, the broker will only be interested in knowing when to buy or sell. He will discuss nothing more. The third type is advisory dealing. Here the dealer will advise the client on what to buy or sell. He will also tell him the appropriate time to do so. He will only keep a track of what is going on in the stock market and after this only he will counsel you.

Stock broking in India gives out certain requirements on who can become a broker. Anyone can become a stock broker. He should be a graduate in any field. He should have interest in dealing with stocks and shares. He should also have two years experience in a decent firm of stock broking to gain a competitive advantage. He should follow the share market regularly. In India, there are several institutes which offer broking courses. Some of them are: Institute of Company Secretaries of India, New Delhi, Institute of Financial and Investment Planning, Mumbai, National Stock Exchange of India, Mumbai and, Bombay Stock Exchange Training Institute, Mumbai.