[Attachment(s) from Shanthiya Chettiar included below]
Finaly to say Mr. Vasan is my class mate since 1st Standard to Plus two and I know him for over 40 years and his manners well than any other member in this group and he is a genuine person and spending most of his earnings for charity and a man who helps others who ever they may be
Mr. Sachin Shaha,
When you join this group you too might have got some mails from the moderator and one of which is here with and please go through it particularly the enlarged words.
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If you want to learn the basics of sharetrading you may continue reading this message. Be advised this message will come to you only once!
What is a share?
A share is a share in the share Capital of a company. If that sound too complicated it simply means by owning a share, you are one of those millions of owners of that particular company. Once you are a shareholder you get all the benfits an owner of a company would get however this may or may not include direct administrative rights. However depending on the amount of shares you hold you have a say in the company shareholders meetings.
How does one become a shareholder?
To be a shareholder one has to buy shares from the market. It is not possible for everyone to run around the place shouting out that they want to buy/sell shares. So to facilitate this process we have something called exchanges. So if one wants to buy and sell the shares he/she has to go through the stock exchanges. We have many stock exchanges in India out of these the Bombay stock exchange is one of the oldest stock exchange not only in India but also in Asia. We also have the National Stock Exchange which is Located in Mumbai where sharetrading takes place. Now it is also not feasible for millions to visit the comparitively small buildings of the stock exhcanges to buy and sell shares. So we have middlemen called brokers. Brokers buy and sell shares on behalf of a shareholder. Brokers do a good job but at times they are responsible for the fraud that takes place in the stock markets. So to monitor them we have a governing body called SEBI (Securities and Exchange Board of India) Therefore if you have any problems whatsoever with your broker dont worry!! just visit http://groups.yahoo.com/group/sharetrading/links we have a lot of usefull links there, and one of them is complain to SEBI. Click on the link fill in the details and complain online to SEBI and they will help you out.
Some years back if one bought a share he would receive the share certificate of the company physically. But nowadays it is in the electronic format. If you have heard the word demat account quite a few times and wondering what it is, to simplify it, we would call it an electronic plastic bag kept by either NSDL(National Securities Depository Ltd.) or CSDL(Central Securities Depository Ltd.) wherein you put your share certificates (also other debt instruments, securities and commercial papers). All demat accounts are held by CSDL or NSDL http://www.nsdl.co.in/ Your broker who opened the demat account has to report to NSDL all the details of the account and your details as well. Nowadays they are strict about opening demat accounts therefore your broker may ask you many details while opening an account. Even a small thing like a change in the address if quite a procedure. Things get tedious if you are an NRI.
What elso do I need to trade?
So to trade online one would need a simple Bank account, demat account which we talked about and an online trading account connected through your broker to the BSE or NSE. You may open an online trading account with online portals. The famous ones are,
ICICI Direct
HDFC securities
Motilal Oswal
Religare
Sharekhan
Geojit
you may chose the one you desire put your money in the bank account and start buying and selling shares.
Hope this information helps for new comers into sharetrading and for the investors who already are into the markets please share your tips and information, you may also want to discuss your portfolio with the group and the market as a whole. Weekends and other public holidays can be used for discussion of any other topic other than shares.
Hoping you will have a good time here.
United We Grow Prosperous!!
Regards,
Sharetrading team.
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What is a share?
A share is a share in the share Capital of a company. If that sound too complicated it simply means by owning a share, you are one of those millions of owners of that particular company. Once you are a shareholder you get all the benfits an owner of a company would get however this may or may not include direct administrative rights. However depending on the amount of shares you hold you have a say in the company shareholders meetings.
How does one become a shareholder?
To be a shareholder one has to buy shares from the market. It is not possible for everyone to run around the place shouting out that they want to buy/sell shares. So to facilitate this process we have something called exchanges. So if one wants to buy and sell the shares he/she has to go through the stock exchanges. We have many stock exchanges in India out of these the Bombay stock exchange is one of the oldest stock exchange not only in India but also in Asia. We also have the National Stock Exchange which is Located in Mumbai where sharetrading takes place. Now it is also not feasible for millions to visit the comparitively small buildings of the stock exhcanges to buy and sell shares. So we have middlemen called brokers. Brokers buy and sell shares on behalf of a shareholder. Brokers do a good job but at times they are responsible for the fraud that takes place in the stock markets. So to monitor them we have a governing body called SEBI (Securities and Exchange Board of India) Therefore if you have any problems whatsoever with your broker dont worry!! just visit http://groups.
Some years back if one bought a share he would receive the share certificate of the company physically. But nowadays it is in the electronic format. If you have heard the word demat account quite a few times and wondering what it is, to simplify it, we would call it an electronic plastic bag kept by either NSDL(National Securities Depository Ltd.) or CSDL(Central Securities Depository Ltd.) wherein you put your share certificates (also other debt instruments, securities and commercial papers). All demat accounts are held by CSDL or NSDL http://www.nsdl.
What elso do I need to trade?
So to trade online one would need a simple Bank account, demat account which we talked about and an online trading account connected through your broker to the BSE or NSE. You may open an online trading account with online portals. The famous ones are,
ICICI Direct
HDFC securities
Motilal Oswal
Religare
Sharekhan
Geojit
you may chose the one you desire put your money in the bank account and start buying and selling shares.
Hope this information helps for new comers into sharetrading and for the investors who already are into the markets please share your tips and information, you may also want to discuss your portfolio with the group and the market as a whole. Weekends and other public holidays can be used for discussion of any other topic other than shares.
Hoping you will have a good time here.
United We Grow Prosperous!!
Regards,
Sharetrading team.
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Everyone know it is a share trading group and I hope you have not read the initial mails from the group and crying.
Nothing negative was in those mails posted by Mr. Vasan and it is a enjoyable relaxment at the week end
Also to the Moderator/group Owner please go through the attachment and find all those mails were posted on Saturday the 21st November and not on any working day.
Also all of you look at the following mail sent by Mr.Saggi [Excuseme Saggi - It is all part and parcel of life I know well and saying very positively] and you all have accepted the same and if my memory is correct on the messages section I have seen on a working day the most admired member of this group Mr.Abe @ Abraham has sent off subject mail on a trading day about a year back stating "I cannot control the temptation so posting it on a trading day" and again Mr. Saggi also sent some mails on trading day and also sent a mail asking excuse to the moderator which are all recorded in this group.
This is a group to share and exchange ideas, jokes and messages and not to blame or critisize any one and it will result negative re action among members and flood the mail box with everyone's own opinion and the rules are for everyone which include the group owner also.
All the mails carries a subject line and you first through it and if you do not like it simply delete and it is manners. You have opened and went through and forwarding with your comments is not good and if you have any send it to the private mail id and not the group id
From: "saggi26@yahoo.com" <saggi26@yahoo.com>
To: Saggitarius <saggi26@yahoo.com>
Sent: Mon, October 26, 2009 12:13:40 AM
Subject: [KAYKAYVEE] Light X joke -- Dont open if you feel offended
To: Saggitarius <saggi26@yahoo.
Sent: Mon, October 26, 2009 12:13:40 AM
Subject: [KAYKAYVEE] Light X joke -- Dont open if you feel offended
| I warned you in the subject header , I dont want any kickbacks , only smiles will do :) Saggi ( Saggitarius )
|
Finaly to say Mr. Vasan is my class mate since 1st Standard to Plus two and I know him for over 40 years and his manners well than any other member in this group and he is a genuine person and spending most of his earnings for charity and a man who helps others who ever they may be
Shanthiya Chettiar
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Attachment(s) from Shanthiya Chettiar
1 of 1 Photo(s)
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
Happy Trading,
United we grow!!!
MARKETPLACE
.
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