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alexm
Member since: Jun 05

Posts: 419
Location:
Post ID: #PID

Posted on: 23-01-06 23:49:03

Yes, the BSE is not quite as stable as the Dow. Back in October there was an 11% drop in the index, which was quite worrying.

However, there is a solid long term story here unlike the bubble of 2000. If you are willing to stay in for 2-3 years, your returns will far exceed alomst anything trading on the Nasdaq/NYSE.

For those of us who are not quite as clued into the stocks to buy mutual funds are still a very good way to go - and it is not very difficult to pick some good ones.

I am a believer.

picaso
Member since: Apr 04

Posts: 112
Location:
Post ID: #PID

Posted on: 24-01-06 16:05:49

I have used sharekhan for a long time. It's the cheapest one and loaded with features.
http://www.sharekhan.com" rel="nofollow">LINK

PMA
Member since: Apr 05

Posts: 81
Location: Toronto (Now in India)
Post ID: #PID

Posted on: 30-03-06 14:35:52

Dear Friends

Please share your experiences, suggestions regarding on line trading for Indian share market from Canada.

What are the requirements to do on-line trading from Canada?

Is there any special requirements for NRI's to do on line trading from Canada?

Any experiences about Sharekhan website (www.sharekhan.com) and other on-line trading portals?

Your suggestions are highly useful to other CDs also, as Indian share market is doing well.

Thanks to all of you.

PMA.

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Knowledge is Power

lana2005
Member since: Feb 06

Posts: 545
Location: Toronto
Post ID: #PID

Posted on: 30-03-06 23:33:01

We use ICICIdirect online.

tamilkuravan
Member since: Jun 05

Posts: 5775
Location: God's own country
Post ID: #PID

Posted on: 31-03-06 10:35:40

Lana,
Did you open this account from Canada/USA? Are you legally allowed to operate this account from Canada. What happens to the Dmat stuff and all that. Do you still invest in indian stocks using this account from Canada?
TK
Sidenote : I tried to open this account from Canada but it can only be opened from India. They need you to provide an indian address and tel. number where an agent can contact you by phone to open the account. I gave my Canadian number and no one called.

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I am a Gents and not a Ladies.

lana2005
Member since: Feb 06

Posts: 545
Location: Toronto
Post ID: #PID

Posted on: 31-03-06 11:27:44

Quote:
Originally posted by tamilkuravan

Lana,
Did you open this account from Canada/USA? Are you legally allowed to operate this account from Canada. What happens to the Dmat stuff and all that. Do you still invest in indian stocks using this account from Canada?
TK
Sidenote : I tried to open this account from Canada but it can only be opened from India. They need you to provide an indian address and tel. number where an agent can contact you by phone to open the account. I gave my Canadian number and no one called.

We had opened our account in India. Yes, all our shares are in dmat form. We had dmated the shares with SHCL and transferred them over to ICICI. But we did all this while we were on vacation in India. Now, we buy or sell online from Canada.

PMA
Member since: Apr 05

Posts: 81
Location: Toronto (Now in India)
Post ID: #PID

Posted on: 31-03-06 13:52:34

Hi Lana

Nice to see your post. Could you please share some information regarding ICICI account you have opened in India.

1. Is this account is NRI Demat account OR Normal 3-in-1 account for Resident Indians?

2. After coming to Canada, have you informed ICICI about NRI status OR just you are doing as Resdient Indian.

This is information will be useful to CD's since most of the shares trading is happening on the net.

Thanks.

PMA.

Quote:
Originally posted by lana2005

We had opened our account in India. Yes, all our shares are in dmat form. We had dmated the shares with SHCL and transferred them over to ICICI. But we did all this while we were on vacation in India. Now, we buy or sell online from Canada.

-----------------------------------------------------------------
Knowledge is Power

Contributors: tamilkuravan(4) PMA(3) lana2005(3) Snowfall(2) peacock1(2) desi in ottawa(1) alexm(1) picaso(1) Ani1006(1) reachash(1) oshoexports(1)

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Investing in Indian shares.

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