what is the percentage of share trading through internet in India?

anything between 70 to 80 %

The scope for expansion of the market through reduction in brokerage is thus far lower than the US. Adds Anup Baghci, chief operating officer, ICICI-Direct.com, “A reason for the popularity of online trading in the US was that a lot of people took to day trading. In India, speculative trading is already rampant and it is estimated that delivery is taken for only 15 percent of the total traded volume. Hence, the surge in volumes due to day trading may not be of the same magnitude.” Internet-based trading typically takes place through a bank account with an online bank. Here, the number of banks with a strong online presence is very few-again, dominated by new private banks and foreign banks. Both have lesser reach owing to a smaller network in the country. The relative inability of large public-sector banks to offer-facilities for Internet banking is a barrier in this regard. Besides, Internet penetration in India is still very low and concerns about security also tend to predominate. In markets like the US, online brokerages are advertised very heavily. Online trading in India has so far not seen similar levels of aggressive advertising, with the exception of ICICIDirect and Home Trade. Besides, only scrips that have been compulsorily dematerialised can be traded on the Net here. These number nearly 600 (about 1,500 and 6,000 scrips are traded on the national stock Exchange (NSE) and the Bombay Stock Exchange (BSE), respectively).