shares doubt

[y2jsave]

can i only buy the shares of companies listed on bse/nse..

can i buy shares of some companies which are non indian like google/ ya hoo which i think are not listed on bse/nse ..those i suppose are listed on nyse.
so can i buy and sell those stocks online ?

 

[fast_rizwaan]

Yes, you can only buy shares LISTED in the EXCHANGE where they are traded.

Goog, YHOO, are available at NYSE, so you need to be the client of the broker who deals with NYSE (reliancemoney was about to start Dow/NYSE/ investing for indian clients for a big fee and huge brokerage, also available at ICICIDIRECT.COM)

The broker must the be participant/member in the exchanges from where you want ot buy shares, which allows you to buy/sell the shares, online in those exchanges..

 

[AW10]

There is enough money to be made in Indian market. US markets have very different pricing behaviour .. where stocks can open gap up/down by 30 /40%. They don't carry the limit on daily price fluctuations like indian market. And this does happen with big bluechip names.. (eg - goog in April opened around 550 when prev close was around 450).

Grass looks greener on otherside.. but reality is very different.

Happy Trading.