Monday, December 8, 2014

Online Share Trading- On the Verge of A Boom

A survey of ASSOCHAM has revealed that online share trading is getting more popular over the time especially with young investors who use smart devices and have access to share market analysis information; online share trading has been in trend since two years and has seen a rise of about 72%. Pursuing online share trading in their free time and earning good money out of it requires a good knowledge of share market and accessibility to smart devices with internet connection so that a person can access to reports and indexes in real time to trade in share market without the help of a broker.
According to the report published in the survey online trading is growing 150% on yearly basis and has grown 10 times in just two year. Delhi tops in the list of cities with higher online trading where most of the young people whether employed, unemployed students looking for the new opportunities to enhance their income level through share market via internet. However the most sought after investments by the youngsters are options and future market. With more international companies trying to make their way into India with domestic broking firms to grab a share into the online share trading market, experts are of opinion that in the coming six months most of the non metro cities are going to outshine their counterparts like Delhi and Mumbai. Equity market is losing its shine due to new age intelligent online commodity trading with its 70% share in online trading market.

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