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News Update as at 18.00 hrs (IST)

General
Stock prices live on mobile

BANGALORE: Prices of shares at the stock market can now be monitored and investments tracked with the help of mobile phones.

Bangalore-based Live Market Watch Solutions today announced that at a monthly subscription of Rs 99, it would bring live feed from National Stock Exchange (NSE) to mobile phones that have GPRS facility.

Mobile phone users can create personal watch lists and monitor the Last Traded Price (LTP) of all scrips on a 'live' the founder and CEO Mr Ganesh Yala said here.

Users can also watch details such as buy quantity, buy price, sell price, sell quantity, LTP, volume, open, high, low, close for the chosen scrip, he said.

20 scrips would be available in the mobile, he explained. "One can modify the watch list at any time during the day and as many times as one wants", he added.

"The company gives live feed from the stock exchange for investors on the move who need to be in constant touch with the market", Mr Brijesh Patel, a former cricketer and partner of the firm, said.

Besides watching intra-day graph of any of the six indices of NSE and intra-day graph of any scrip, users can receive incoming calls while the NSE data is being streamed. The data service is paused during a voice call.

Operating independent of any stockbroker or mobile service provider the product runs without taking feed from any broker, Mr Yala said.

Mr Patel said the company, part of the ADS group, would target one lakh subscribers in the country in the first year of operations. The company plans to introduce NSE derivatives, BSE, MCX and NCDEX in future. - PTI

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