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Jul 19, 2009

Documents Valid or Accepted as Foreign Address Proof

There are many options available to submit a proof for your foreign Address proof. I am listing all the proofs here. submitting any one of the bellow proof is enough.

Valid Foreign Address Proofs are as listed bellow:
  1. Photocopy of Resident Permit (or) I-card (or) PR if you are Permanent Resident
  2. Photocopy of PIO Card
  3. Photocopy of Foreign Driving License.
  4. Bank statement with one canceled cheque. (If you are submitting bank statement as a Foreign address proof make sure that your name and address are clearly visible on the statement. You should also have bank Logo on the statement (or) attestation of the bank employee along with bank seal.
  5. Photocopy of latest Electricity bill
  6. Photocopy of latest Telephone bill

Jul 16, 2009

Track Current Market Prices, Behaviour and Performance of World Markets

Some people guess and estimate the Indian Stock Market behavior and future depending on the behavior and performance of all world Markets. Sometimes falling in US Markets and Asian Markets will also leads to fall in Indian Markets. In the same manner if US markets make big profits then the Indian Market will also show good profits based on the market sentiment. So Daily Watching and Tracking World Markets will give you better idea in estimating Indian Markets.

So here I am Adding one Widget to watch all important world markets. This widget is provided and updated Daily by Sanebull. Previously I posted this Gadjeton the main page to be displayed on all the posts. But many visitors mailed me saying that my blog is taking too long time because of many such gadgets on all the pages. So I just decided to clean the blog to some extent in-order to speed up the loading time of the blog. So I am posting the world market widget here. This gives you current updates and current market price and performance and the change in World Markets.

World markets you can track by using this widget are as follows:
1) Dow Current Market Price or Latest Price
2) Nasdaq Current Market Price or Latest Price
3) S&P 500 Current Market Price or Latest Price
4) Merval Current Market Price or Latest Price.
5) Bovespa Current Market Price or Latest Price
6) Tsx Current Market Price or Latest Price
7) IPC Current Market Price or Latest Price
8) AEX Current Market Price or Latest Price
9) FTSE 100 Current Market Price or Latest Price
10) DAX Current Market Price or Latest Price
11) CAC 40 Current Market Price or Latest Price
12) Nikkei Current Market Price or Latest Price
13) Hang Seng Current Market Price or Latest Price
14) Shanghai Current Market Price or Latest Price
15) Straits Current Market Price or Latest Price
16) Jakarta Current Market Price or Latest Price
17) NZX 50 Current Market Price or Latest Price
18) TSEC Current Market Price or Latest Price
19) Sensex Current Market Price or Latest Price
20) Nifty Current Market Price or Latest Price



Jul 14, 2009

Important Documents Required To Open NRI Demat Account in India

Opening NRI(Non Resident Indian) Demat Account is not exactly same like opening Normal Demat Account. If you want to open An NRI Demat Account from the country currently where you are residing at, you need to submit some extra documents than those required to open normal Demat Account. I am giving the list of all the Important and necessary documents to open NRI Demat Account. Be ready with all these documents before you apply for NRI Demat Account.

Documents Needed:
1) Photocopy of NRI PAN Card. As it is mandatory to open Demat Account, apply now immediately if you dont have.
2) Photocopy of Valid Passport (Copy of the Pages having your Name, Address and Photo).
3) Photocopy of Visa ( Photocopy of Entry and Exit Stamps).
4) Photocopy of Indian Address Proof ( Mostly not needed Because you are submitting Passport).
5) Photocopy of Foreign Address Proof.
6) Your recent passport Photograph.
7) Bank proof on your name. ( for this you can use your personalized cheque from NRE(Non Resident (or) Repatriable External /NRO(Non Resident (or) Repatriable ordinary) savings account. Personalised cheque in the sense your name should be printed on the cheque. If it is not there then you should provide copies of your 3 months bank statement).
8) One more Cheque to pay the Demat Account and Trading Account charges to the broking company. Cash can not be payable by any other means. If you don't have a cheque book apply it now.
9) PIS(Portfolio Investment Scheme) approval letter from the bank with which your selected Broking Company has tie-up with. Please Verify with your selected broker regarding this.

Note:
If you are an Employee of Foreign shipping Company or Merchant Navy then you wouldn't be having any Foreign address proof. In such case you should provide following documents only in the place of Foreign address proof. Remaining all the documents are required as Said above. These documents are as follows.

1) Your Appointment (or) Contract letter from current employer.
2) Latest Salary Slip.


More Links :
Documents Valid or Accepted as Identity Proof

Documents Valid or Accepted as Indian Address Proof.
Documents Valid or Accepted as Foreign Address Proof.

Jul 11, 2009

Current Gold Market Price per Gram

Do you know you can also invest your money in gold and Trade like how you do in Share Market.
You can buy and sell the gold at current market price. For this you have to open separate Trading account. Here in this page you can check Current Gold Rate, Market Rate in per gram Price. You can check India Gold price here before you prefer to buy Gold Jewelry.

GOLD PRICE IN OUNCE.
8 hour (New York) Indian Rupee price per ounce.
[Most Recent Quotes from www.kitco.com]
24 hour Indian Rupee price per ounce.
[Most Recent Quotes from www.kitco.com]





GOLD PRICE IN GRAMS.
8 hour (New York) Indian Rupee price per gram.
[Most Recent Quotes from www.kitco.com]
24 hour Indian Rupee price per gram.
[Most Recent Quotes from www.kitco.com]

Jul 9, 2009

How to Open NRI Demat Account

I am writing this post in order to help Non Resident Indians (NRI) in opening Demat Account. If you are reading this post and you are NRI you would definitely be benefiting from this post. If you are an NRI and showing interest to invest in Indian Share Market then you can open Demat Account from india directly from the country currently you are residing at. Don't bother, you no need to come to India to open Demat Account and Trading account in India to invest in Indian Share Market. Just select any one of the Indian stock Broker who offers NRI Demat Account and call them (or) send E-mail asking to send you the Demat account Application form to your current address. There are many broking companies available in India who offers Online NRI Demat Account. Some of the companies are ICICI Direct Ltd, HDFC Investments Ltd, Indiabulls Securities Ltd, Sharekhan Investments ltd. Select your broker very carefully. Some brokers charge you less brokerage and some charge you more. So before opening Demat account with particular Broking company you should confirm their brokerage charges and compare with other Broking companies. Select one best broker who provides you best service and cheap brokerage. When they are sending you the Application don't forget to ask them to mark with the pencil at areas where all you have to put your signature. Practice your signature perfectly. You have to put more than 40 signatures. Be ready with all the necessary documents required to open NRI Demat Account and Trading Account before application form reach your address. If you dont have any idea about necessary documents please read this bellow post.

Documents Required To Open NRI Demat Account and Trading Account

After getting application to your address fill it correctly with out any mistakes. You should fill the Application very carefully as you have no option to change the application immediatly upon mistakes. If you do any mistake then you should ask them to send one more application and wait till it reach you. For your benifit ask your broker if he can send you 2 applications at atime. so that you can change to another one immediately if you get mistakes. Sign at all the places where your broker marked to sign or where all required. Dont leave atleast one with out signing. It may leads to rejection of your application. Remember you should use the same signature for future transactions and requests. So youngsters should practice perfect signature. Stick your photo and sign on it if required. Note down your application Number. It may be useful to track your application status. Send the filled application to your Broking office. Wait for 15 to 20 days to get your Demat and Trading Accounts delivered at your address. Be cool and start Trading.

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