Can an international student holding student resident permit, invest in the stock market? As international students are not allowed to start a business so does that restrictions also apply to investing in stock market?
If so, what is the procedure?
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If you have a German registered address and bank account, you can. There are various German online banks that will give you an account within hours. Those require a smartphone and an international travel document. You indentify yourself via their app and services like WebID or PostIdent. One (amongst many) possible setups would be N26 (bank) and degiro (online broker). The latter requires you to be a German tax resident, which may or may not be the case for international students.
NB: I don't have a stake with any of those products/services in any way.