Stocks or Equities are also called shares in common parlance. When you invest in a company's stock or buy its shares, you own part of a company. As a stockholder, you share a portion of the profit or loss that a company may make. Advantages These can be very easily bought or sold, and their value changes very fast. You can invest in shares for either short-term gains (trading) or long-term gains (by receiving dividend pay outs by the company who issued the shares) which is otherwise called value-investing. While on the subject on stocks, it is good to know about dividends.A dividend is a sum of money paid to the shareholders of a corporation out of its earnings. This is usually determined by a company's directors.
Stocks or Equities are also called shares in common parlance. When you invest in a company's stock or buy its shares, you own part of a company. As a stockholder, you share a portion of the profit or loss that a company may make.
These can be very easily bought or sold, and their value changes very fast. You can invest in shares for either short-term gains (trading) or long-term gains (by receiving dividend pay outs by the company who issued the shares) which is otherwise called value-investing.
While on the subject on stocks, it is good to know about dividends.A dividend is a sum of money paid to the shareholders of a corporation out of its earnings. This is usually determined by a company's directors.
Owning a stock gives you ownership of a company. When you buy a stock of a company, you become a stake holder and if the company does well, you earn money in the process by participating in its growth. Owning stocks of fundamentally strong companies lets your money work harder for you since they appreciate in value over a period of time while also offering rich dividends on a periodic basis.
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This is with reference to your dealings with us as a client and pursuant to SEBI circular bearing reference number MIRSD/SE/Cir-19/2009 dated Dec 3, 2009 read with NSE circular bearing reference number NSE/INSP/2010/91 dated Feb 3, 2010 and BSE circular bearing reference number 20100203-30 dated Feb 3, 2010, whereby SEBI / Exchange(s) has specified norms for regulation of transactions between the Client and the Stock Broker which has the effect of modifying the procedures governing our business dealings as well as Know Your Client (KYC) executed between us.
In order to comply with the requirements of the said circular, you are requested to furnish the following information which shall be the addendum to the existing Account opening Form executed between us:
The above information has been incorporated in the annexure for SEBI compliance to this letter which you are required to fill, sign and send the same to us on an urgent basis either to the nearest branch or by post at :-
If you have any query regarding the new change, please feel free to call our Customer Care on 3988 6000 or write to us at customer.support@rsec.co.in. Alternatively, please walk in to your nearest Reliance Securities Branch for further assistance.
Reliance Securities Limited Professional Management Consultants, 108 & 109, Murugesa Naicker Complex Greams Road Chennai – 600006,Tamilnadu.
Kindly ensure that the above documents reach us latest by 31st May, 2010 to comply with the SEBI circular, failing which your account will be marked as Inactive for trading.
Thanking You,
Yours faithfully, For Reliance Securities Limited
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