Before Answering, pls have a look at the following Topic
http://in.answers.yahoo.com/question/index;_ylt=AvLiD9V2TmtUUNNe1G3gYjWQHQx.;_ylv=3?qid=20080110033053AA8lGjK
Well, that was my Part 1 Question, from which thanks to many people, following things are now clear to me :
1) I can open Demat A/C with ICICI.
2) Difference between MF & Shares
Now my Next Questions :
1) So, I have decided to invest in shares .... Like, one of u said "Suppose I have Rs.1000" and want to invest in shares, then will I be able to get a share of any decent corporation at such a low price??
2) What if I invest in certain corporation and it goes into losses iimmediately, then will My Balance Stop at Zero or will it go into Negatives??
3) Now, I have Demat A/C & Savings A/C together @ICICI Bank ..... Will they be linked with each other?? If Yes, then how?
I have to really thank "dmdragon,Larry, dhruba,sanjay & vinayak" for their fantastic answers in last question
Hope to have similar response.
Best Answer - Chosen by Voters
u can definitely get shares for rs.1000
if price of that shares decreases then ur balance stop will be in negative
if u already have savings a/c with icici then u can hav demat with them it will take approx. 7-8 working days for ur demat to get activated after u have savings a/c
if price of that shares decreases then ur balance stop will be in negative
if u already have savings a/c with icici then u can hav demat with them it will take approx. 7-8 working days for ur demat to get activated after u have savings a/c
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