How to Buy and Sell Stock in Groww App

 Buying and selling stocks using the Groww app is a straightforward process. Here’s a detailed step-by-step guide to help you get started:

How to Buy and Sell Stock in Groww App

Step-by-Step Guide to Buying Stocks

1. Download and Install the Groww App

   • Download the Groww app from the Google Play Store (Android) or Apple App Store (iOS).
   • Install the app on your smartphone.

2. Sign Up or Log In

   • Open the Groww app and sign up if you are a new user. You will need to provide your email, mobile number, and other necessary details.
   • If you already have an account, log in using your credentials.

3. Complete KYC Verification

• Complete the KYC (Know Your Customer) process if you haven't done it already. This involves uploading your PAN card, Aadhaar card, and a selfie for verification.
• Once your KYC is verified, you can start investing.

1. Add Funds to Your Groww Account

• Go to the "Stocks" tab.
• Tap on "Add Funds" to transfer money from your bank account to your Groww account. You can use UPI, Net Banking, or other available options to add funds.

1. Search for the Stock You Want to Buy

• Use the search bar to find the stock you want to buy by entering the company name or stock symbol.
• Tap on the stock from the search results to open its details page.

1. Buy the Stock

• On the stock details page, tap on the “Buy” button.
• Enter the number of shares you want to purchase.
• Review the order details, including the price and total investment.
• Tap “Confirm Buy” to place the order. Your order will be executed based on market conditions.

Step-by-Step Guide to Selling Stocks

1. Open the Groww App and Log In

   • Open the Groww app and log in using your credentials.

2. Go to Your Portfolio

   • Tap on the “Stocks” tab to view your stock holdings.

3. Select the Stock You Want to Sell

   • Tap on the stock you want to sell from your portfolio.

4. Sell the Stock

   • On the stock details page, tap on the “Sell” button.
   • Enter the number of shares you want to sell.
   • Review the order details, including the price and total amount you will receive.
   • Tap “Confirm Sell” to place the sell order. Your order will be executed based on market conditions.

Additional Tips

• Market Orders vs. Limit Orders: You can place market orders, which execute at the current market price, or limit orders, which execute only at a specific price or better.

 

• Check Market Hours: Ensure you are placing your orders during market hours (9:15 AM to 3:30 PM IST) for immediate execution.
• Monitor Your Investments: Regularly check your portfolio and keep track of your investments. Use the Groww app’s tools and resources for better decision-making.

Troubleshooting

• Customer Support: If you face any issues, you can contact Groww customer support through the app or visit their Help Center.
• App Updates: Ensure your app is up-to-date to avoid any glitches or issues while trading.

By following these steps, you should be able to buy and sell stocks on the Groww app with ease.