Share market basics
Know Your Customer: the identity and address verification you complete with PAN, Aadhaar and bank details before opening a trading or demat account.
KYC, or Know Your Customer, is the verification every broker, depository participant and mutual fund must complete before you can invest. In India it means providing your PAN, Aadhaar, a bank account proof, a photograph and a signature, and often a short video or in-person verification. Once done, your details are stored with a KYC registration agency, so opening a second broker or fund account is faster. KYC exists to prevent money laundering and to make sure the person trading is the person named. Details must be kept current: a change of address, phone number or bank account should be updated, and SEBI periodically requires re-KYC, after which accounts with outdated details can be frozen. Never share your KYC documents or OTPs with tip sellers, account handlers or anyone who offers to trade on your behalf; that is a common route to fraud.
VideoA share is a portion of a company. The share market is where those portions change hands. Here is how it works, what you can trade in it, and why most people who trade actively lose money.
VideoThe share market runs on two activities that look alike and are nothing alike. Investing is owning a business for years. Trading is profiting from price moves over hours or weeks. Mixing them up is behind most early losses.
VideoTrading comes in a few distinct forms, and the one you pick decides how much time, capital and stress it takes. This lesson explains intraday, swing, positional, futures and options trading with Indian examples.
