Stock broking is going through a lot of changes in recent times due to modernization and technological up gradation. It is going online.
This way the commission that people need to pay to the stock broker also reduces. Also people don’t need to physically talk or meet the stock broker. This saves time and energy of the people.Stock broking, lately, is done also through e-broking. E-broking in India is gaining a lot of popularity due to the increased investment in the bull market. It not only helps the experts to invest easily but also helps novices to learn the basics of the trade.
Stock broking is done by stock brokers. A share broker is a person who works with the share trading firm. He is an intermediary between the company of which his share he is selling and the trading firm. He helps you in taking decisions about which share to buy and which to sell and when. He makes a calculation of all the profits you will make and then tell you all the details. He will prepare this according to your capacity of investment, i.e. he should know how much you can invest at a given point of time. Share brokers in India are agents of stock exchange. They represent the stock of exchange of that particular state. There are various types of brokers- upstairs broker, share broker, value brokers, discount brokers etc.
The most important feature of E-broking in Indiais that you can simply sit in your office or home or connect to internet through mobile and invest in whatever shares you like. You don’t need to go to a broker and call him every time to inform him to invest in a particular share you like. It is extremely convenient and helps you save your time.
Stock broking in India is carried on in the Online stock brokers offices located in various locations. In India, the stock broking office is located in Mumbai. It is called as Mumbai stock Exchange. The Indian stock exchange is called as National Stock Exchange.
Broking in India is a very good profession for someone who is interested in stock markets. It is very lucrative if you learn the ropes of the trade.
Broking in India provide excellent services if you want to learn more about broking and investments.
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