Hi plz narrate me that what is the connotation of stock (share) grouping,?
Hi plz tell me that what is the consequence of stock (share) grouping, FOR EXAMPLE in Indian stock flea market. Ranbaxy Labs. is the stock of group A.Vyapar Industries is the stock of group B2, ras resorts is the stock of group T,similarly there are some other groups resembling B1, S, TS, Z, TT.
plz explain. thanks
Answers: Stocks are customarily grouped into similar industries. Each national stock exchange will have it's own grouping but surrounded by India you are likely to own a group for Pharmacuticals, a group for Raw Materials, one for Conglomerates, one for Media companies, etc, etc.
Check the website for the Indian Stock Exchange and it will tell you which post apply to which group.
Whatis the best book for a COMPLETE beginner to trading shares- I know nothing but I would love to?
Answers: Start reading the FT or starters - cost per transaction etc - very important - strategy dependant..
It's great that you have an interest in the markets. One of the best sources for beginner information is Investopedia, a website dedicated to investor education. Be sure to check out the tutorials on investing and trading. There are also a lot of great articles on a variety of investing and trading topics. Best of all, it's free, unlike any book you could buy. Most financial books offer very little information to help beginners, or anyone for that matter. Of course, you could purchase the Series 7 study materials on eBay for a fair price, which would give you everything you would need to know, and then some. Just some thoughts, I hope they help.
Best of luck!
Brendan Prewitt
President, New York Capital Investment Group LLC
Trading for a living
By Elder
I want to stat investing using zecco but i dont know where to being when choosing stocks?
Answers: You need to learn how to do fundamental and technincal analysis. These are the two factors the worlds greatest investors buy on. I'd recommend reading, "24 lessons for investment success" by william Oneil. And to be honest, I'm in a helping mood because I like to share my knowledge and help others make money so if you're willing, I'd take the time to teach you. Email me
This is a great place to start, I found it to be a very easy to understand article on stocks, particularly good if you are just starting to learn about it.
http://money.howstuffworks.com/stock.htm
I will help you for FREE. (I am a Portfolio Manager)