What is the Stock Market? The stock market is a platform where shares of publicly listed companies are traded. When you buy a company's stock, you are buying a small piece of ownership in that company. If the company does well, the value of your share can increase.

How to Get Started 1. **Open a Demat and Trading Account:** You need these two accounts to trade in the stock market. A Demat (Dematerialized) account holds your shares in electronic form, and a Trading account is used to place buy or sell orders. Many brokers offer a 2-in-1 account. You'll need your PAN card, Aadhaar card, and bank details to open one. 2. **Choose a Stock Broker:** Select a reputable broker. Consider factors like brokerage fees, the user-friendliness of their trading platform, and customer service. 3. **Do Your Research:** Don't invest based on tips or rumors. Learn about the companies you want to invest in. Understand their business, financial health, and future growth prospects. 4. **Start Small:** You don't need a lot of money to start. Begin with a small amount that you are comfortable with.

Two Main Ways to Invest * **Direct Equity:** You research and pick individual stocks yourself. This requires more knowledge and time but offers the potential for higher returns. * **Mutual Funds:** You invest in a fund that is managed by a professional fund manager, who then invests in a diversified portfolio of stocks. This is the recommended route for most beginners.

Key Takeaway The stock market is a powerful wealth-creation tool, but it comes with risks. Educate yourself, start with mutual funds (especially via SIPs), and always invest for the long term.