When you want to invest in the Indian stock market, the First step is to obtain a PAN or a Permanent Account Number. It is necessary to have the 10-digit number PAN no even if you are not paying tax. It is issued by the income tax department. After applying for the PAN card, it generally takes around 20 to 30 days to receive the card. It can also be applied online by the person concerned, address proof; photo identity proof is must while applying for Pan Card. If you have applied for the Pan card through the internet, then you will get an email informing you of your Pan no.

After getting the Pan number, you have to open a demat account for trading in stocks. It is generally done online. You can do your transaction through demat account through the internet. The demat account facilitates the buying and selling of the shares. It facilitates the immediate transfer of shares, does not have any stamp duty on such transfers, as there is no paper work you don’t have to worry about loss or theft. There are fewer chances of mutilation due to careless handling or forgery, the transaction cost is reduced, there is no delay due to postal mismanagement.

After the basic steps are taken, you can easily deal in shares and stock. People prefer to buy and sell the shares with the help pf brokerage. May people do not have time to follow the trends of the shares and stocks, they engage a broker who has their instruction to sell or buy shares at certain prices. Very few people do their own buying and selling; only those who are fully inside the stock market process devote their fulltime to the trading. Others leave it to the brokerage firm. The money made from stock is generally fast and is risky as well. So study the market carefully before plunging into the buying and selling process.