At times, the stock market is unpredictable, erratic, and crazy. There are some adventurous traders, who like the thrills. They find it exciting to tell stories about how they bought stocks of blue-chip companies at low rates or sold a specific stock just before its price started to fall. This seems fun and thrilling as long as they make profits but losing bucks is not funny. Nevertheless, in the Share Bazar, you either lose on some or win on some trades.
Why do you need to love the stock market?
The share bazaar is heavily driven by emotions including paranoia, fear, euphoria, and happiness. When prices of certain stocks fall, traders start selling in fear and panic. This creates widespread panic. In the same ways, when stock price increases, every trader desires to earn profit and start buying it thus pushing rates high even more.
The stock market tests human emotions and behavior. The main reason you need to love the stock market is its way of functioning. Collectively, it holds different opinions and probabilities. The stock market system has buyers and sellers that provide capital to different sectors. The fundamental part of the stock market is to get familiar with the trader’s psychology, which in itself is fascinating!
Some good reasons to adore the stock market
Sensex is bullish
Since 1979, the BSE Sensex experienced a jump innumerable times. A large company’s stocks rose a hundred times between 1994 & 2004. Out of them, some stayed and a few fizzled out. The crucial aspect that makes many investors adore the stock market is overtime the venture is extremely profitable. Traders need to be equipped with patience and realism. At the right time, your investment will increase and offer huge earnings.
In India, under section 54F of the Income Tax Act, long-term capital gains on the selling of assets including property and stocks are exempted from tax. Thus you can save tax money on long-term stock investment and gain enormous tax–free profits.
Stocks are liquid
In character, all the stocks are liquid. It means you can buy and sell stocks at any time. Liquidity makes the stock investment a fascinating thing.
Enjoy online trading benefits
The stock market is also adorable because traders can do it online without any need for visiting the stock exchange. It is cheaper and you are in total control of your trading activities. Online trading even allows for real-time monitoring.
These are some good reasons to adore the online stock market!
A Demat account (short for Dematerialized account) is an account to hold financial securities (equity or debt) in electronic form. Demat accounts can be opened in digital platforms of Online Stock Trading Companies. In India, Demat Accounts is maintained by two depository organisations, National Securities Depository Limited and Central Depository Services Limited.