Stock Trading and Other Things

how good is stock holding corporation for online trading?

I have opened demat account in Stock Holding Corporation of India and would like to go for online trading? Heard that transaction costs are too high with ICICI. Which is cheap and good source for online trading?

Public Comments

1. Yes, the service is excellent. SHCI is a reputed DP with very good standing. You are expected to view the web site and also have a dialogue with service desk executive who will resolve all your concerns. Transaction costs are more or less standardised but some hidden costs are being charged and that one should be aware of the same through proper dialogues. But be cautious when you deal on line and be thoroughly familiarised with the set up & operating system as errors will prove to be costly to you. Hope you are familiar with stock market activities and if novice, it is best to work your transactions for a year or two with reputed brokers by delivery slips to your DP when undertaking Sale transactions and standing instructions to your Broker to lodge Buy transactions to Your Demat account without waiting for your instructions. All reputed Broker Houses have their own DP bases and that should be made use of at the first opportunity.

2. http://www.onlineequitycalls.com/search.php?search=stock+holding

3. DP wise is good but for online treding BROKERAGE IS VERY HIGH
THEY ARE NOT PROVIDING INTERNET TREADING.