How to Learn the Share Market From Scratch: A 90-Day Plan
Short answer: To learn the share market from scratch, study in this order: (1) how the market works, (2) how to use a demat and trading account, (3) basics of reading a company's financials, (4) basics of reading charts, and (5) risk management. Give it about 90 days of steady study before you invest meaningful money.
Step 1: Understand the system (week 1 to 2)
- Shares are part-ownership of a company.
- NSE and BSE are the exchanges where shares trade.
- SEBI regulates the market.
- Brokers place your orders; depositories (NSDL, CDSL) hold your shares in a demat account.
- Nifty 50 and Sensex are indices that track large companies.
Step 2: Open and understand your accounts (week 2 to 3)
You need a demat account, a trading account and a linked bank account. Any SEBI-registered broker can open them online with PAN and Aadhaar. Learn order types (market, limit, stop-loss), settlement (T+1) and charges (brokerage, STT, stamp duty, GST) before you place a trade.
Step 3: Learn fundamental basics (week 3 to 6)
Fundamental analysis asks: is this a good business at a fair price?
| Term | What it tells you |
|---|---|
| Revenue and profit growth | Is the business growing? |
| P/E ratio | How much you pay per rupee of profit |
| ROE | How well management uses shareholders' money |
| Debt-to-equity | How much borrowing the company carries |
Read one annual report fully. It teaches more than fifty tip videos.
Step 4: Learn chart basics (week 6 to 9)
Technical analysis studies price and volume. Start with candlestick charts, trend, and support and resistance. Practise on historical charts.
Step 5: Learn risk management (week 9 to 12)
- Never invest money you will need within three years.
- Diversify; do not put everything in one stock.
- If you trade, risk a small fixed percentage per trade.
- Know the data: SEBI found about 7 in 10 individual intraday traders in the cash segment lost money in FY 2022-23, and about 9 in 10 individual F&O traders lost money over FY22 to FY24.
Decide early whether you want to be an investor or a trader. See investing vs trading.
Common beginner mistakes
- Buying on tips from Telegram or WhatsApp groups.
- Starting with F&O because it "needs less capital".
- Averaging down on a falling stock without a reason.
- Checking prices all day and confusing activity with progress.
Free vs paid learning
Free resources such as exchange investor-education pages and broker learning portals are good. A paid course is worth it only if you want a fixed curriculum, live doubt-solving and assessments. Our Stock Market Course for Beginners follows the five steps above in 4 weeks.
FAQs
How much money do I need to start in the share market?
There is no minimum. You can buy a single share. Start small while you learn.
Can I learn the share market in one month?
You can learn the basics in a month. Becoming a confident, disciplined investor takes several months of practice.
Is the share market gambling?
Not if you study businesses, diversify and manage risk. Trading on tips with borrowed money, however, behaves a lot like gambling.
Learn this step by step. Our stock market course covers this topic with live classes, exercises and doubt support.
View the stock market course