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Strategies & Market Trends : India Coffee House

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To: Shivram Hala who wrote (3252)2/11/1999 3:05:00 PM
From: Mohan Marette  Read Replies (1) of 12475
 
Ref:Your PM regarding Online stock brokers in India.

Shivram:

Here are two online brokers in India that you may want to check out in not any particular order of preference.

1)Dutt Stock Broking Ltd.
duttstock.com

2)Gogia Capital Serivces Ltd.
gogiacap.com

I opened an account with the former and am waiting for the check to
clear the bank and hit the account before I can do anything.

You may go to their site for all pertinent information,but I think it is best to deal only with stocks listed on NSE in Demat form (Scripless trading) as this is much quicker,less expensive,and less prone to fraud and such. Also I believe starting a rupee account is easier to handle as opposed to an account with repatriation facilities.

I am sure in a few months or perhaps in a year or so there will more online brokers and this should make things easier for NRIs and others to invest in India.

Please note that I am not recommending anything here.I am posting this only for information in case anybody is interested. All the necessary details can be found at the website of the brokers if not you can send them an email for clarification of any points that you may have. Also I think it is best,in case you or anyone decide to open
an account with any of them,to ask for references from here in the U.S and make sure you contact the references and ask their opinion and ask about their experience before deciding anything.

If you need any other information,please do ask.

Good luck.
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