A Complete Guide For The New Investors On D-Street

Even as the equity markets are hovering around their all-time highs, the big question which has been making rounds around the investing community in India is: whether this is the right time to enter the markets or time to book profit and exit for now, only to reenter at a later stage. And then there is this big question in the mind of the aspiring investors: should we or should not? Subhajit Bhattacharya and Nikita Singh team up with Karan Bhojwani to work on this dilemma and here is what they have got for you;

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In her late-thirties, Deepanwita Mukherjee of posh Tollygunge area in Kolkata has managed to built a good amount of corpus saving from her income working in a British firm. She always wished to get into the stock markets as a retail investor but had to avoid it since some of her close friends advised her to stay away from what they termed as speculative income. As markets are hovering around their all-time highs these days, Mukherjee could figure out her friends were not really well informed and she paid the price missing the bus. How to go about it now, she wonders. As a potential new investor in the equities, she has several questions making rounds in her mind--how to open a DEMAT account, how to link it with her bank account, what will be taxes on her income from stock investments, how safe is it, is there a watchdog and grievances redressal forum and many such. Mukherjee is now all set to enter the markets as a retail investor but she has decided not to take so-called advises from friends but from some reliable sources.

A resident of suburban Mumbai, Ashish Arora also wants to take the equity route to build a sound savings basket for his future as he inching towards 40. Like Mukherjee, Arora too is confused about getting into the markets though he had opened a DEMAT account two years back but had never operated it. Arora has started believing markets are at this time at a steep high level but entering markets at this juncture may boomerang his intentions. He has been waiting for taking the equity bus only after markets shred significant points from here. Is it too late or is it the right time--he ponders everyday.