Keeping abreast of daily market fluctuations allows investors to make informed decisions. Factors influencing the share market today include economic indicators (GDP, inflation, unemployment), geopolitical events, company earnings reports, interest rate changes, and investor sentiment. News and analysis from reputable financial sources can provide valuable insights into these factors and their potential impact on stock prices.
Investors need to be aware of potential risks and unauthorized transactions in their trading and Demat accounts. Protecting your investments requires vigilance and proactive measures. Regularly updating your contact information with your stockbroker and Depository Participant ensures you receive timely alerts and information regarding transactions and debits.
Investors should exercise caution and due diligence when seeking investment advice. Be wary of individuals claiming to be partners or representatives of established financial institutions offering unsolicited advice. Legitimate companies, like Angel One Limited, do not authorize third parties to provide investment advisory services on their behalf or share confidential client data.
Always verify the credentials of any investment advisor and avoid making payments through unsecured channels like email links, WhatsApp, or SMS. Sharing personal or financial information without proper verification can expose you to potential fraud and financial losses. Conducting thorough research and seeking advice from registered brokers are essential steps in making sound investment decisions. Remember that KYC (Know Your Customer) is a one-time process when dealing in securities markets, simplifying your interactions with different intermediaries. When subscribing to an IPO (Initial Public Offering), investors can conveniently authorize payments directly from their bank accounts without issuing cheques.
