There are five steps in on-line stock trading
1. Find an online brokerage firm
The following are some of the brokerage firms in India, ordered according to the number of clients
Brokerage firm No. of clients Trading fee
ZERODHA BROKING LIMITED 3602074 Free delivery trading
RKSV SECURITIES (Upstox) 2141095 Rs. 20 for all trading
ANGEL BROKING LIMITED 1564667 Free delivery trading
HDFC SECURITIES LTD 957085 ?
5PAISA CAPITAL LIMITED 870405 Rs.20 for all trading
Delivery trading means, that you have to wait for the stocks to be delivered to your account before doing another trade. This may take more than 1 day. For beginners I recommend zerodha, since their website is user friendly and easy to follow instructions on how to open an account and transfer money etc. Go to zerodha site (https://zerodha.com ) and click on open account, money transfer -----
2. Open an account in the brokerage firm chosen. (Go to the brokerage website and follow the instuctions)
3. Transfer Money from your bank account to your brokerage account (follow the instructions on the brokerage firm website)
4. Choose stocks from the risk table Ind_risktable . For beginners I advise choosing relative low risk stalks (around a value of .5 form the second column of the risk table) . Also put an equal amount of money in each stock you want to buy.
5. Begin Trading
On the brokerage website there will be a trade button. click on it. It asks a few details such as the stock ticker symbol (first column in the risk table), action (buy/or sell), number of shares ---. I suggest that you choose equity delivery trading and not day trading). Then click buy or sell. You should see shares in your account(buy) or removed from your account and money delivered to your account(sell) within a few hours. Sometimes it may take up to a day.