Well, we are not giving you stock advice tips, but, some smart share market tips, especially for beginners who have lesser understanding of the stock markets in India. Here are seven stock market ideas that you could implement.

If you are new to investing, the last thing that you should do is buy based on rumours. The chances of you losing money is bright, should you rely solely on them. Rumours could sometimes mean leaked insider information on a company, which can tantamount to insider trading.

2) Seek expert advise

If you are new to investing the best thing to do is seek expert advise. However, it's best to ask a few other people, if you are not confident of your advisor.

3) Invest in mutual funds

The best thing to do initially if you lack the knowledge is to invest in mutual funds. Mutual funds collect investor money and they take informed decisions before investing. Most of the fund managers have a thorough technical and fundamental understanding of stocks.

4) Stick to large cap stocks

If you want to invest on your own, the best way would be to stick to the large cap stocks from the BSE and NSE. This would typically include the 30 stocks from the Sensex and 50 stocks from the Nifty. There is almost very little chance of these stocks almost collapsing and in the long term, they tend to give good returns.

5) Spend time learning the finer nuances of the market

Spend time understanding the fundamentals of stocks like important ratios EPS, P/E, Book Value etc. This would help you at a later stage to understand how stocks are valued.

6) Avoid trading and subscribing to free market tips

There are many companies that offer assured tips for a fixed subscription amount. You should avoid subscribing to these tips. Most of the time, you could lose money and the companies offering these tips do not guarantee any returns.

7) Invest for the long term

In case you are confused what to buy just stick to good quality names and hold them for the long term. In a matter of 3-5 years it is almost certain that you would make money.

Conclusion

There is no fixed mantra to make money in stocks. The two things that could hold you in good stead is buying good quality names and then holding them or a period of 3-5 years. There is a high probability that you could make money then.

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