If you are a beginner investor
and if you are thinking to invest in stocks
and it may seem like the journey of buying a stock is very complicated
and because of this complicated journey, I need to understand about a lot of financial jargons.
But, did you know that if you are investing in stocks through Groww
the whole journey of buying any stock will be super smooth and you can invest in your favourite stocks in a simple way
So, today's video is on the same and I will tell you
how you can invest in any stock through Groww
the focus of the video will be explaining some very important points before buying any stock
apart from that, how to use Groww platform to invest
I will explain in this video
I will also explain how simple the journey is and how we have solved a lot of complexities in a simple way
So do watch this video till the end if you are also thinking to invest in the stock market
and If you are already investing in the stock market, you can also benefit from this video
Because we have some features using which you can also make an informed decision before investing in any stock
Let's quickly start today's video.
I, Jagdeep Singh, welcome you to Groww YouTube channel
Let's quickly go to the main content
and with a live demo, I will explain how to invest in stocks
using Groww App
So, friends, before going to the LIVE demo, I will explain some of the very important things related to investment in stocks
First, what does it mean to 'buy a stock' of a company?
It means you are buying ownership in that company
and after that, if you are buying any stock
Suppose, you bought 10 stocks of Maruti Suzuki
and these stocks come to your Demat account after you buy them
and stays in your Demat account
Now, what is a Demat account?
Demat account is just like a Bank Account
A bank account is used to keep money, similarly, Demat account is used to keep stocks
If you haven't started your investment journey, you will have to open an account
you will have to onboard on Groww
Coming to 'Onboard' the onboarding process used to be very complicated back then
you had to sign on long papers and then courier them
and after courier, it used to take around 2-3 days for your account to activate
The process was so complicated back then but nowadays it has become very simple
Suppose today is trading day and at 10 am in the morning I decide to start investing in stocks
So, all you need do to start investing is Download the Groww App
After downloading and signing up, you have to upload all the important documents as mentioned
and fill the important details and after that in the end, if your Mobile number is linked to Aadhar
you need to provide your Aadhar number and after that you will receive an OTP on your linked mobile number
after entering the OTP, your e sign will be done
and your job is done
which means once your job is done, your account will be activated in a few minutes
and as decided at 10 am, you can now buy any stock on the same day
so this is what I intended to say before demo that if you haven't opened your account yet, quickly get it opened
and the further process, I will tell you detail that how you can buy or sell stocks here
and will also explain how you can take an informed decision
as this question might pop up in your mind that even I start investing, which stock should I invest in?
so, I will try to answe this question and some points that can help you in making an informed decision
So, friends, as you can see on my screen, once you create an account and come to Groww website, you will see these details
and you can see here the options to invest such as Mutual Funds, Stocksm Gold and US stocks which is going to be LIVE soon
So, firstly, if talk about mutual funds, you can see some of the popular mutual funds here
you can serch for any other mutual fund and select the one in which you are planning to invest
Now let's go to Stocks which is our main point of discussion
To invest in stocks, you can see all the details in this stocks page
that will give you a feel of the market so that you know what is going on in the market currently
If I talk about main index, Nifty50 and Sensex
you can see the changes here and know where Nifty50 and Sensex are trading right now
and you can also see, who were the top gainers, top losers for the day
and if you are interested in a particular sector, you can also directly click it and see the stocks there
Suppose, if I want to check out the banking sector and banks under it
So, after clicking here and I will go to the banking sector where all the banks' information is there
and from here we can select any stock to invest in
Suppose, I come to this page and I find a Bank which is State Bank of India and I click on it
after clicking in it, I land on SBI's product page
now as you can see here, on SBI'sproduct page, you can first see the chart
from here you can convert it into candlestick if you want to see it in candlestick
and on scrolling down further, you can see NSE and BSE, wherever you want to invest
you can select accordingly
you can see the basic details here such as performance, today's low 52
what was high or low in the week
you can see here the quantities that are for buying and selling in the market this time
and if I talk about the company's brands', you can see all the details of the brand logo here
then you if you want to know about the company's details, you can check the company details here
and as I say in my videos, all the important important information
on the basis of which you decide whether to invest or not will be present here
If we talk about the banking sector, P/B ratio is very important
so, you can see the market value, P/B and P/E ratio, EPS, Book value, all the details you can check out here
and if we scroll down we can also check out the profit and loss statements of the company
if you want to check company revenue, interest income is very important in the banking sector
so basically you can see all the details here
you can also check the details about Balance sheet and cash flow
all the details that helps you to make an informed decision about investing are present here
Now suppose, if for purely educational purpose I explain to you how to invest and how to buy your first stock
so to buy any stock, there is no financial jargon here; you just have to enter the quantity of the stocks you wish to buy
Suppose I want to buy a share of SBI, place the market order
and I will enter '1' here and will press buy directly
and within few seconds, my order will be fulfilled
and If you want the intraday option, you can change it from delivery
and by clicking 1, you can make your position in intraday
so, here it is very simple to trade in intraday as well as in delivery
here buy entering a few details you can trade instantly and you can check out all the important details
such as how much X leverage you will get if you do intraday in this stock
so it explains how to buy your preferred stock
after buying, if I go to my investments, here you can check what and all investments have been made
so as you can see here all the stocks in my holdings and all the stocks purchased
You can also check out other details such as invested value, total returns and one-day returns
and all the intraday positions given by you can be checked out here
so if you want to exit from your intraday position here
So you have to press the exit button and after that you have to select 'sell' and after selecting sell, you can exit from your position by clicking this button
so the moment you exit from your intraday position, these will be grade out and the numbers will stop moving
after intraday position, if you want to check what orders you have placed in the present day
you have to click here and after that, you have to go to orders
you can see the orders you have placed
like the one which I have placed to explain you and bought an order of SBI
so here you can see all the details of your order such as what's the Groww Account id and NSE order id
you can track all the details from here
So, if I come to the details of my SBI holdings, I can see all the details here
such as what was my average price as I bought one stock to explain to you
so the average price was 195.60 and currently, it is trading at 196.25
so Ican see one day returns and total returns as well
and these are my delivery positions thatI had taken for the day and placed the order on NSE
if I want to buy more order of this stock, I can directly buy one more stock from the same page itself
which is very simple!
so, friends, I only wanted to tell you that the entire process of buying and selling of the stocks
is very simplified and you don't have to know about any financial jargons
you can go to any stock directly and if you want to search for a specific one, you can search from here
as you can see SBI here, you can go to the page and with minimal details such as how many stocks you want to buy
with such details, you can hit the buy button and you can buy such stocks
which means buying stocks is pretty simple and you need not know about any financial jargon
and the entire journey is very simplified for you
and which helps you in making an informed decision as we provide all the financial information about the stock on the same page
so that you can do a complete research before buying any stock rather than speculation
so, friends, today's videos was meant for purely educational purpose and we wanted to explain
how you can buy or sell any stock on Groww
and by now you must have understood that buying or selling of any stock is quite simple
you don't have to get into any financial jargon
your journey starts with the company you want to invest in and Groww provides all the necessary details of that company
all the financial statements, company's past performance and after checking out all the details, you can take your decision
and after you have decided, enter your quantity and with just one click you can add the required money
and within seconds you can start your investment journey
and after that, as I have explained about market order, limit order
you can set the exchange from NSE to BSE and if you want to place the order in delivery, you can buy/sell in delivery
if you want to make position in intraday you can click on the delivery toggle which changes it to intraday
where you get extra leverage
so if you want to make position in intraday, you can do that also
I have already told you in details how you can check all your holdings and how to track your positions
and when you feel like your objective is fulfilled from your positions,, so in the right time you should square off from that position
so friends, whatever stocks we have chosen for today's video is purely for educational purpose only
we don't provide any recommendation to buy or sell any stock
I hope you have liked today's video and if you do then please hit like and comment
and suggest the topic on which we should make a video on
if you haven't subscribed Groww channel yet, quickly hit the subscribe button
as we upload 3-4 videos on every week purely on educational purpose
which can immensely help you in becoming a good investor
Happy Investing!