Stock Market Challenge is an online simulation trading game where you
create and manage your own portfolio and compete with other players.
Every challenger is assigned Rs 10,00,000 play money in the beginning.
The objective is to maximize this amount by intelligently and smartly
investing in the Stock Market.
This Stock Market Challenge completely apes the reality of trading as it
happens in BSE. The practical issues faced when a stock hits a circuit
or the illiquidity of a stock etc are all captured and simulated so as
to ensure a realistic experience of the markets. The Corporate Benefits
as in Dividend, Bonus, Split, Mergers, De-Mergers etc are all also
considered and applied.
Contest Period: 20th – 26th November 2014 (BSE working Days)
The Stock Market Challenge is governed by game rules that you should
be aware of to ensure you fully understand the online trading process
and to make the most from this experience.
Exchange and Prices: Current Trading is with respect to Bombay Stock
Exchange (BSE). Stock Prices delayed by 5-7 minutes. In a 5 minute
delayed price feed scenario the order gets transacted at the price
received from the exchange after 5 minutes. This ensures no manipulation
by looking at the live BSE terminal or live prices and taking undue
advantage in the challenge.
Trading Hours: 9:00 a.m. IST – 4:00 p.m. IST.
Security Types: Trade any stock on the Bombay Stock Exchange (BSE).
Opening Balance: Starting balance is Rs 10,00,000 in cash.
Brokerage Charges: You will be charged a brokerage fee per stock
transaction of any value and size. The brokerage fee applicable is 0.25%
per stock value or 0.05 rupee per stock, whichever is maximum. In case
the purchase is squared-off the same day then brokerage does not apply
on the second side (i.e. no brokerage while selling if the stock is sold
on the very same day it was purchased)