6 Steps for Buying a Stocks online

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6 Steps to place a stock order online.

From the Online Trading options, Select Place a New Order

1. Choose the Exchange : NSE / BSE
2. Select the Scrip you want to buy, type the company name suggetions will pop up.
3. Select the Buy / Sell Option
4. Provide the Order Qty and Price in the respective column
5. Select the Validity of the order.
6. Click on Place New Order to submit your order request.

Scrip code is a unique code or identifier given by the stock exchange inorder to identify a particlar company. Other wise it is the abbreviation of the company name in the stock exchange.

Validity is the period to which your order will be valid as per the price you have quoted. GFD in validity stands for Good For Day and is valid only for a day, if the quoted price doesn't match price in the market, order will get expired at the end of the day. VTD stands for Validity Till Date, in this case buyer has the option to select the date till which the order should be active.