About 20 years ago, people used to book for IPO offers advertised on papers, send a demand draft for a desired amount of shares, and wait for an allotment. If they dont get an allotment, they will have to wait to get their money back. Money spent on making the demand draft is wasted, the cancellation charge is wasted, and the interest for your money for the period for which the money was lying with the bank uncashed by the company, and unutilized by you, is also wasted.

About 10 years ago, BSE went online, and everything became computerized. And you really did not need a broker at the share market to do your trading. All that you wanted was a DeMat account with an internet connection at your home.  Just pick on what you wish to buy, and on the same evening, it would hit your account.

In 2005, the Bombay Stock Exchange was at some 5000 points, and today it is at 17000 points, meaning if I had invested Rs 5000 in getting 1 share of BSE, I would have made around Rs 17000 today. And if I was rich and had bought 100 shares, imagine what my growth would have been.  There has been an average growth of 120 points every day in the past 3 years, and if I had bought about 100 shares then, my growth would have been Rs 12,000 per day. What a way to make money.

Now Bombay Stock Exchange has become one of the most popular places to invest, where not only Indians are investing, but even people from all nukes and corners of the world are doing business.