On 29 January, the Securities and Exchange Board of India released additional explanations regarding the finfluencer rules. Brokers, mutual funds, investment advisers, exchanges, and other market participants are prohibited from having a direct or indirect relationship with unregistered influencers, according to the document on the SEBI website.
The regulator’s goal is still to shield investors from deceptive financial advice and promises of assured returns, even with these stronger safeguards in place. First of all, the rules are applicable to all market players governed by SEBI, including distributors of mutual funds, sub-brokers, and marketing firms that work with them. Simply put, it is against the law for SEBI-registered firms to associate with unregistered entities that make stock market recommendations or suggest assured returns.
According to the regulator, unless the individual is registered with or otherwise authorised by the Board to provide such advice or recommendation, no person regulated by the Board (Sebi) or the agent of such a person may have a direct or indirect association with another individual who provides advice or recommendations, directly or indirectly, regarding or related to a security or securities, or make any explicit or implicit claims of returns or performance regarding or related to a security or securities, unless the Board has given the individual permission to do so.
Bodies that Fall Under the Umbrella of New Guidelines
Any cash exchanges, client recommendations, information sharing, and the use of services for marketing or promotions are all included in this relationship. Actually, SEBI has stated that it is prohibited to cooperate with an agency that collaborates with influencers.
SEBI has tightened its control over the educator’s abilities and responsibilities, with investor protection remaining an exception. Any investor educator is not permitted to make any statements regarding investor returns, suggest particular stocks and securities, or forecast future trends using market data from the previous three months.
However, a brief window has been made available for investor education through this cooperation. This is contingent upon the fact that these influencers do not offer recommendations or make any claims regarding returns or performance.
Impact on Marketing and Advertisement
The barriers may also have an intriguing effect on marketing and advertising. If they have control over where their ads appear, all SEBI-registered businesses are permitted to run them. It would be against the law if they had no control over where the advertisements were displayed and could not identify influencers.
When there is a violation, SEBI has the authority to ban offenders from the market, terminate registrations, or issue penalties. On August 29, 2024, these restrictions were introduced, and on October 22, 2024, an additional alert was released. These regulations are already in effect because the regulator requested that registered participants get their acts in shape within three months after the October circular.
Everything is business. Well, it is true, just look around you and you will see multiple examples of a corporation selling something. We are all covered with businesses and it is efficient.
Having businesses is efficient because it provides us with things that we want. In other words, they provide us with something of value. Otherwise, we would have to make everything on our own which would be inefficient and time-consuming and practically impossible. So businesses make markets efficient and society a better-managed entity.
When a business turns big, I mean really big, then it needs to scale accordingly. Scaling in India is a very hard process because of different types of people everywhere. Most companies are primarily limited in nature and at their inception. This means that they operate mostly on private capital but at some point in time they need more funds than their private capacity. Thus, when a company successfully pulls off the magic of scaling then happens the true magic. It goes on and lists itself as a public limited company that now can make money from people to scale and fuel other activities.
Not to mention, the listing process may seem easy and simple, the fact is that it isn’t. This is an article about how a company lists itself in India. There are majorly two important exchanges in India, namely NSE and BSE. Read on to find out how a company is listed on NSE and BSE.
Every company which operates in a market of high demand has a good scope of growing and scaling. From the inception of a company, most companies are privately limited. Private limited means that these companies are funded privately, or the source of the capital is just normal private people or organisations behind the promoting chair. Hence, they operate on a limited capital that they can privately afford to fuel the operations at that company.
Some companies, however, go ahead and become big national companies that need huge cash flows to fund their activities. At the point when companies become big and quite popular in a nation, the promoters or the chair people will be needing more capital.
There can be many sources of funds to be considered, as a loan, or issuing debentures or selling stakes etcetera. One of the most famous ways to raise capital is to list the company on a stock exchange.
In corporate finance, a listing refers to the company’s shares being on the list of stocks that are officially traded on a stock exchange. Thus, listing means that anyone from the public or a retail investor can now take part in a company by buying its shares. The general public will be buying a company’s shares to earn capital appreciation or dividends.
Why do Companies Go Public?
A very valid question that may arise in your head is, why do companies go public? There can be many reasons why a company chooses to go public. It depends on the entrepreneur running it on how he/she is willing to go about raising funds. The most common and eligible reasons for a company to go public and the list itself is given here –
Fund Capex from internal accruals
Raise a Series of funding from another PE (Private Equity) fund
Raise debt from bankers
Float a bond (this is another form of raising debt)
File for an Initial Public Offer (IPO) by allotting shares from authorised capital
A combination of all the above
Let us go into some detail about how these reasons arose in the first place.
Capex requirements
Let us first understand the term Capex first. Capex is made up of two individual words, that are capital (Cap) and expenditure (ex). Capital expenditure is that form of expenditure that is required to fund the management and acquiring of fixed assets. Fixed assets are those assets that are fixed in nature that will pay benefits after a year or so. Thus, capital expenditure is spending money on fixed assets that are not to be converted into cash quickly.
They include land, building and machinery. So we can conclude, Capex expenditure is the expenditure that a company incurs for growth in business. This long term growth expenditure has to be fuelled from somewhere, that is why companies go public.
Provide an exit for the company’s early investors
After the process of listing is done, the shares of the listed company go around in the market and are traded freely. When this situation arises, any existing shareholder can exit the company by selling his/her shares. That existing shareholder could be one of the promoter, anger investor Private equity funds or venture capitalists.
They can use this opportunity to sell their shares in the stock market. Thus, by selling the shares or stake that they own, they can exit the venture and thus exit the initial investment they made in the company. However, they can also choose to sell shares in multiple parts and slots. There have been many successful and famous exits in India like that of Kunal Shah from Freecharge.
Just ~4 years ago $~450M of @FreeCharge was largest internet exit.
When a company chooses to go public, it avoids taking any sort of loan. The reason is that taking loans is hefty work, it also comes with much financial burden and high-interest rates.
So many entrepreneurs refer to selling stakes or ownerships in the form of shares. The best way to do that is to be listed. The listing makes a company’s shares trade freely in the market and makes space for funds that the company needs to grow. That too happens without paying any form of interest and any other sort of financial charges.
Reward employees
There is a thing called “Employee stock option plan” or ESOPs. They are awarded to employees who are early in the venture and/or are outstanding with their work. They work as an incentive for employees who work really hard to make a successful venture.
Once the company is listed and shares start trading freely, it makes space for more ESOPs. They are awarded to employees to keep the work motivation high and construct a better work environment. A few examples where the employee benefited from ESOP would be Google, Infosys, Twitter, Facebook etc.
Improves clarity
As a company goes public and gets out of its private cocoon, it raises its status. Being a listed entity in a stock exchange is definitely not a small thing, it makes the company stand in the limelight of investors. Which interests people more in getting to know about that company. This will eventually create a positive impact on the company in its future prospects.
What is a Stock Exchange?
When we discuss ‘listing’ and all the technicalities of listing, it is extremely crucial to talk about stock exchanges. Whether you are a person trying to list your company or a person willing to invest his/her money with the company, one entity that you both have to work together with is the stock exchange. So, what is a stock exchange?
Let us take one example to know clearly what a stock exchange is. Imagine the Kirana store near your house, or a supermarket or a shop of essentials that has a lot of items in its store. Just like a Kirana store is a store for items, a stock exchange is a marketplace for equities. It is a place where buyers and sellers come together to complete trade and settle transactions.
The stock market is where everyone who wants to transact in shares goes. Transact in simple terms means buying and selling. It is impossible for a stock to be traded without being listed on the stock exchange. Thus, the main purpose of a stock market is to facilitate equities trading.
Trading is buying and selling of securities. In India, there are two main stock exchanges. The names of these stock exchanges are National stock exchanges and Bombay stock exchange. Let us read a little about them.
National Stock exchange
NSE was incorporated in 1992. It was recognised as a stock exchange by SEBI in April 1993 and commenced operations in 1994 with the launch of the wholesale debt market, followed shortly after by the launch of the cash market segment. IT is the leading stock exchange in India. Located in Mumbai, Maharashtra and is owned by some leading financial institutions, banks, and insurance companies
Bombay stock exchange
BSE was established in 1875. It was Asia’s first and the fastest stock exchange in the world. It is called the fastest stock exchange as it operates at a speed of 6 microseconds. It was established over 143 years ago, and BSE has helped the country to grow its capital market by ensuring a smooth flow of equities. Though it is now known as the Bombay stock exchange, it was established as “The Native Share and stockbrokers association” in the inception year of 1875. In 2017 BSE became the first listed stock exchange of India.
The Process of Listing (Initial Public Offering)
Now we will discuss the cherry of the cake, the process of listing. It is also known by the name of initial public offering because it is the first time (Initial) when the shares will be offered to the public. This is a very strict process and both the National and the Bombay stock exchange take it very heartedly. It goes without saying at this point that the company which is trying to list itself has to follow dedicated guidelines of the desired exchange. However, the most common checkpoints to be ticked are listed here –
Appointing a merchant banker
Merchant bankers are also called Book Running Lead Managers (BRLM)/Lead Managers (LM). The work of a merchant banker has diverse actions. It includes conducting some efforts to check all the legal compliances at the company filing for the IPO and issuing a due diligence certificate.
The Lead Manager has to work closely with the company to prepare the DRHP. DRHP stands for draft red herring prospectus. He also has to underwrite shares, which is agreeing to buy all the unsold shares. He then has to help the company to reach a decision on a reasonable price band of the offering. Thus, these are all the major functions that a merchant banker does.
For example, The merchant banks (book running lead managers) for the issue are Morgan Stanley India, Goldman Sachs (India), ICICI Securities, Axis Capital, JP Morgan, Citigroup Global Markets India and HDFC Bank.
Applying to SEBI with a registration document
Not to mention that everything at a listing is done through the rules of the securities exchange board of India. After getting the work done by a merchant banker, you have to pitch a registration document to SEBI. That document should contain what the company does and what is the motive of the listing along with all other mandated information. After all the process, the company should look for an affirmative response from the regulating body to go ahead and issue a DRHP.
DRHP
DRHP of Zomato
DRHP stands for Draft red herring prospectus. It is a disclosure document that describes information about the IPO to the general public. It contains a lot of information about the company and the issue price and that is often too deep in finance terminologies. The most important and imperative information that is present in a DRHP is as follows –
Estimated IPO size
Everything about the shares that are to be issued
The risk involved in the business
Why the company wants to go public and how does it plan to utilise the funds
Revenue model and all sorts of expenditure
Complete financial statements
Management relevant information
Marketing the IPO
After DRHP is issued and is made public, it is important to float some marketing about the IPO. The company would want to reach the maximum audience of investors for the purpose of its public offering. So they take support of print media and other sorts of media to market the IPO more.
Fixing the price band
Fixing the price band is super imperative when preparing for an IPO. The price is the only number which the people would see first. So, it is important to set the number not too high and not too low to attract the right amount of people on the board of directors. This is helmed by the existing shareholders and is helped by experts like merchant bankers. Once the price band is fixed, that becomes the base on which the company is listed on the stock exchange.
Book building
Book building is the process of capturing and recording investor demand for shares. For example, if the price band is between Rs.100 and Rs.150 then the public can choose. They can choose what is the right amount per share that the company deserves. The process of book building is to collect these price points along with respective qualities of shares and demand. Book building is perceived as an effective price discovery method.
Closing date
After the book building process is done and completed, it is said as the closing date. Generally, it is open for two to three days and maybe more in some exceptions. Thus, then the price point is selected which has the most bids from investors. That price becomes the listing share price of the company.
Listing day
Paytm Listing Day
Then comes the day when the company actually gets listed on the stock exchange. That becomes the day when the shares start to be traded freely in the market.
When the shares are being bid, they lay a foundation for future selling values. This happens when investors choose the desired price from the given price band. This whole arrangement around the date of issue is known as the “Primary Markets”. After the initial bidding has stopped and the stock gets listed on the stock exchange, the share starts to trade normally like any other listed company. This situation in this share is known as the “Secondary Markets”.
Once the stock transitions from primary markets to secondary markets, it gets traded daily on the stock exchange. People start buying and selling the stocks regularly and normally like any other company.
Prerequisites for Listing on National Stock Exchange
There are many checkpoints that one has to fulfil before getting listed. Some of the most needed and crucial prerequisites are –
The paid-up equity capital of the applicant shall not be less than 10 crores and the capitalization of the applicant’s equity shall not be less than 25 crores.
The Issuer shall have adhered to conditions precedent to listing as emerging from inter-alia from Securities Contracts (Regulations) Act 1956, Companies Act 1956/2013, Securities and Exchange Board of India Act 1992, any rules and/or regulations framed under foregoing statutes, as also any circular, clarifications, guidelines issued by the appropriate authority under foregoing statutes.
Prerequisites for Listing on Bombay Stock Exchange
There are many checkpoints that one has to fulfil before getting listed. Some of the most needed and crucial prerequisites at the Bombay stock exchange are –
The minimum post-issue paid-up capital of the applicant company (hereinafter referred to as “the Company”) shall be Rs. 10 crores for IPOs & Rs.3 crore for FPOs.
The minimum issue size shall be Rs. 10 crores.
The minimum market capitalisation of the Company shall be Rs. 25 crore (market capitalization shall be calculated by multiplying the post-issue paid-up number of equity shares with the issue price).
Conclusion
In this article, we got to know why a company goes public, the needs that make a company think about listing itself. We read about the stock exchanges in India. The two most important exchanges are the NSE and BSE, the national stock exchange and the Bombay stock exchange. They lay the foundation of stock markets in India. Then we read about the process of how a company is listed in a stock exchange.
After all these discussions, we can say that companies get listed, mainly to fund their Capex (Capital expenditure) requirements. This helps a company grow and get out in the market of more people. If you want to invest in a fresh new IPO then you must read the DRHP that is the draft red herring prospectus. It is super important for an investor to know where he is investing. In this modern world, one thing to make sure of is that your money should grow faster than inflation.
FAQ
What happens when a company gets listed?
When a company gets listed it can raise additional funds by issuing its shares on the stock market.
Can a private company be listed?
No, a private company cannot go public. It will first have to convert itself to a Public Limited company, then only it can be listed on the stock exchange for trading its share.
How long does it take to IPO?
The IPO process depends on many factors but it typically takes six to nine months for the company to complete its public debut.
Stock Market investments are always considered to be very complicated and hence a lot of people stay away from it. Nowadays with the launch of new mobile applications stock market investing have been made much easier. Let’s look at some of the best platforms to help you in stock market investing.
Zerodha Kite is one of the best stock market investment apps in India. It has a rating of 9.85 in the trading app segment. Zerodha was the first discount stock broker of India. Currently, it is the number 1 stockbroker in the country. The app has a user-friendly platform and it does not have a lot of information or resources which are unnecessary.
All the investments using Zerodha are free of brokerage which means that if you buy a stock and don’t sell it on the same day then you will not have to pay any amount for the purchase of the stock. It is one of the best apps for a beginner stock market investor.
Zerodha Website
If you are an investor who wants to research on your own and then invest in individual stocks you can choose Zerodha as your stockbroker. Zerodha also has a mobile application which is Zerodha Varsity.
This application provides you with education on the basics of stock market investing and the different subjects related to it. You can access their mobile application for free of cost.
Upstox
Upstox is a leading discount broker in the country. It has a mobile application through which you can invest easily into stocks which is Upstox Pro. Upstox was formerly known as RKSV technologies. The company is backed by Ratan Tata.
upstox Website
The charges of Upstox are similar to that of Zerodha. It is also a discount broker and is second in the market share of the stock market brokers in India. You can also choose Upstox as your stockbroker if you want to research on your own and then invest in individual stocks
Currently, you can open a Demat and trading account with Upstox for free of cost with various other benefits.
Groww
Groww is a mobile application you can consider if you are a beginner in Stock Market Investing. The platform provides an interactive and simple user interface. The application offers various resources such as blogs and learning videos that are related to mutual funds to help you in stock market investing in case you are a beginner.
Groww Website
Through the Groww application, you can easily invest in Index funds, Mutual funds, and various other stocks at a zero-commission rate. The platform provides an easy-to-use interface where you can track all your investments, total returns, and annual returns under one dashboard. You can also create an account easily with a one-step KYC process.
You can even start investing in mutual funds or Index funds through a Systematic Investment Plan (SIP) at a very low price of INR 100. All your transactions through the platform will be secure as it uses 128-bit SSL encryption. The mobile application is available for both Android and IOS users.
Smallcase is a mobile application that lets you invest in stock markets in a simple and easier way. If you are an individual who has no idea about stock market investing and has no time or interest to study about the stock market but wants to invest in it, then you can choose Smallcase for your stock market investments.
Smallcase will have a set of baskets from which you can choose. For example, if you believe that in the next few years the Electric Vehicle Industry is going to flourish then you can find a basket of stocks which are related to the Electric Vehicle industry in Smallcase. The basket can include EV car parts manufacturing companies, EV battery manufacturing companies, EV companies and so on.
smallcase Website
This makes it easier for any individual to invest into stock markets. Through Smallcase you can invest in the form of a SIP. You will have to link this application with your Demat account and all your stocks will be available in your Demat account according to your selected basket.
You can also edit the stocks in your basket and customize them according to your requirements. The fee is charged on a one-time basis that is INR 100 + GST is charged for all Smallcases that are for one basket of stocks.
Moneycontrol is one of the most famous stock research websites in India. The website provides all the information regarding charts, trends, news, commodities, futures, options, IPO’s and many more.
Their website is considered as a one-stop solution for tracking the share markets in India. You can get access to all the fundamental and technical data of a particular stock using this platform.
Their mobile application is available to Android, IOS, and Windows users as well. They have a pro version for their platform which costs INR 199 per month, INR 499 per year, and INR 1999 for 3 years.
FAQ
How do I start investing in the stock market?
To start investing in stock, Decide on how you want to invest in stocks, Know your goal for investment, Open an investing account i.e. demat and trading account, Set a budget for your stock investment, Learn about stock market basics.
What is the best stock to invest in for beginners?
The best stock to invest according to Nasdaq is Alibaba (BABA Stock Report), Alphabet (GOOGL Stock Report), Amazon (AMZN Stock Report), Apple (AAPL Stock Report), Disney (DIS Stock Report).
Who is the richest stock trader?
George Soros is considered as one of the richest active trader globally whose fortune is approximately 8.3 billion dollars.
Conclusion
You can use the above platforms for beginning your stock market investment journey. All the platform charges are reasonable compared to the other applications in the market. All the apps mentioned above can be used by a beginner-level stock market investor.
A stock market is a trading place where you can trade shares of companies. You can buy or sell a stock by people only if you can list it on an exchange. Hence, it is referred to as the meeting place of the stock buyers and sellers.
Nowadays, it is very essential for you to stay updated with every market movement. The stock marketing traders keep rising and falling on a daily basis and hourly, too. The stock market apps check the real-time streaming market price. Also a virtual portfolio, stock charts, and much more.
You will get your personal investment account, built by experts, spare change investments. Everyday investment, investment to get a bonus, and many more.
b. Acorns Personal
In the most popular tier, you will be unlocking the financial wellness system. You will get everything that comes with Lite: a retirement account and acorns spending.
Different accounts in the tiers:
You can save and invest every day by checking accounts. Invests spare change(if you wish to opt-in) and invest very little into a portfolio of ETFs. Acorns can rebalance your portfolio and help you to stay within its target allocation.
You can save for retirement by setting easy recurring contributions. Based on your goals, employment, and income, acorns recommend the right plan. Acorns have no overdraft fees, plus fees or any fee-reimbursed ATM access nationwide.
Diversified portfolios.
You can do rebalancing.
You will get access to found money partners to earn.
Accessible through mobile and web apps.
A dedicated support team supports investment.
You will get access to acorns later, which is an easy way to save for retirement.
You can get a debit card that saves, invests, and earns for you using the Acorns spend access.
Stash makes investing approachable for beginners. It has a $o account because Stash offers fractional investing. Depending on the account type, charges are $1 to $9 a month. Suppose you want a little hand-holding while building a portfolio for stocks and ETFs. Then, stash will be a good fit for you.
This stock market app offers other account options, too. You get the brokerage, bank accounts, and retirement account for $3 a month. There are also two custodial accounts, a metal debit card, and a turbocharged reward program. And a monthly investment research report for $9.
Stash is best for:
Investors who need guidance in selecting investments.
New investors.
Thematic or impact investors.
Pros:
It gives educational content and support.
It provides Fractional shares.
Investment offerings that are value-based.
Cons:
There is no investment management.
It has high ETF expense ratios.
Guide To Stock Market Shares
3. TD Ameritrade
TD Ameritrade’s best for this course offers you in-depth. And free analysis knowledge and portfolio-building steerage. $o commissions for the stock, options, and exchange-traded fund. You have got an alternative of 4 commercialism platforms. In November 2019, Charles Schwab announced the acquisition of TD Ameritrade. Meanwhile, this app continued to accept new accounts. That is emotional to him once the acquisition is finalised.
TD Ameritrade is best for:
It has beginner investors.
It additionally has advanced traders.
Investor education advice
It has a commission-free trade.
It has fund investors.
Pros:
It offers commission-free stock, ETF, and choice trades.
Free analysis.
It additionally has high-quality commercialism platforms.
E-trade gives you a library of educational resources and professional-level trading. And tools to help you assemble a risk-appropriate. It also gives you a $0 commission for all stock, ETF, and trade options. In February 2020, Morgan Stanley announced a $13 billion deal to sell E-trade.
Olymp Trade is the most popular online broker in the industry. It gives you the opportunity to trade in the following markets.
Stocks
Commodities
ETFs
Cryptocurrency
Benefits:
It gives attractive spreads.
Leverages of up to 1:400.
There are a variety of payment methods offered that are non-verified
It supported MT4.
It supports many languages.
You can give 77 assets to choose from.
It has a low least deposit amount.
Gives intuitive design
It has a mobile app.
Drawbacks:
Gives you withdrawal problems for non-verified accounts.
It concerns dubious regulation.
It gives you bonuses with unclear terms.
It has only two account types.
6. IQ Option
You can use this platform to provide its purchasers with a platform to cater to commerce desires. This platform contains commerce tools that are not found in any commerce platform. Position top-up helps the dealer hold a trade open if it’s reaching a stop loss. You might use it with discipline and offer new risk management.
Trading costs And charges:
This is often the excellence between buying for and commercialism prices.
Fees applied for the positions controlled nightlong are referred to as swap fees.
Intelligence quotient alternatives will begin charging €10 every month.
The bulk of payment service suppliers don’t have any fees. There is a charge of Commission of 2.9% on cryptocurrency trades.
Upstox provides low-cost trading services. There is no charge for orders placed in the equity delivery trading segment. It also provides a great trading platform and tools to the clients. This app includes Upstox Pro Web, upstox MF, and Upstox Pro Mobile. Algo Lab also provides platforms like Nest Desktop, Amibroker, Dart Stock, and Fox Trader.
Advantages:
It places buy and sell orders on the move.
It provides a universal search tool to find desired stocks and contracts.
It accesses many segments, including NSE cash, features and options, and currency scrips.
It has advanced charting tools using 100+ technical indicators.
This app is a virtual stock trading application offering real and live world market data. It helps beginners to start by using real markets and their data. It gives customers virtual money to trade stocks. And also understanding how stock investments work. It supports 13 countries and enhances stock analysis offerings.
How it works:
Get an account – you have to register to use a stock trainer using your email ID or any other social network login. After registering, you will get your virtual investment money. And now, you can start your journey of stock investing.
Look for stocks – you have to find stocks in which you want to invest by using the company name or ticker symbol or by utilizing stock research tools. It contains top losers and gainers, insider trades, and analyst recommendations.
Analyze trade stocks – you can launch a stock data screen by clicking on a particular stock in the app. You can get detailed information on the stock with stock charts with time spans.
Market Size of Stock Trading App Development
9. Investing.Com
This is a global financial portal and internet brand. It is also composed in 24 languages and for mobile apps for Android and iOS. All these offer news, analysis, streaming quotes, and charts. Technical data and financial tools about global financial markets. It covers a wide variety of financial vehicles, including stocks, bonds, commodities, currencies, interest rates, futures, and options. This is an online data and news website. It offers financial information but not trading services. You will get the services for free, and it does not provide investment consulting services. This is a reliable and good source of providing real-time forex data.
10. IIFL Markets
The IIFL market app is an advanced platform. This offers good investment strategies for the clients. You will get a customizable watch list and also a dashboard. The dashboard provides you with a summary of your account. And the idea of the stockbroking market.
1. Price alerts – you will get every notification about stocks. Hence, you will not miss any information.
2. Advanced widget – you will get to track stocks on your screen. Using these widgets, you can get information about trading.
3. Free guest user login – you can get this app for a lifetime as a free guest if you are not a paid user.
4. Finance and business news – you will also get all the news and updates about the financial markets.
5. Personalized watchlist – you will get with stock, currency, commodity. And futures options all in one. You will get customized column options that keep all the information.
6. Free research report – this app is the only app that provides you free research of the top 500 NSE or BSE-based companies. It will also offer users to research and provide technical support.
11. HDFC Securities Mobile Trading
You need to know about the fluctuations if you want to invest in the stock market. Hence, if you want profitability, then you will need to keep up with changes happening in the market. You will get the data to make better investments.
Advantages:
This app helps you in trade and sends notifications about any activity that will be important to you.
Some of the navigational and operational tools. That helps in managing your assets in an easier way.
You can manage many accounts with multitasking.
There is no time barrier for trading in this app.
You will get real-time alerts to be aware of the performance of your stocks.
Your account and transaction details are completely safe as it is protected by an effective encrypted firewall.
Disadvantages:
This is large in download size.
Performance is slow.
Buy and sell is not upfront on the app.
It is difficult to set up processes like stop loss and trigger.
It does not have detailed reports available for clients.
This is an Indian online business news website owned by E-EIGHTEEN Dot Com (p) Ltd. This offers the user information about the news. And insights related to business in India. This app provides the latest market data, business, and market news coverage, as well as Live TV. You can also manage the finance portfolio conversations on the message board. And other features on the app.
13. Mobile Invest
Aditya Birla’s mobile investment is an updated version. This app offers trade-in equity, derivatives, currencies, and commodities from a single platform. This provides all reports, fund transfer facilities, real-time research, and market news.
Features:
It provides real-time quotes.
Fund transfer – pay in and payout.
You will get trading from mobile in 3 clicks.
Also gives trade-in equity and F&O.
It also has a portfolio tracker.
It has an access ledger, control notes, transactions, and more.
It has a single sign-on for multiple exchanges(BSE, NSE, NFO, CDS, NCDEX).
It has a personalized dashboard.
It also has a real-time research dashboard.
It has advanced intraday charting.
Word indices.
It has voice support; you can interact through voice.
14. 5 paisa
5 paisa is a leading stockbroker. It is a traded and managed company promoted by IIFL founders. This is available in equity, commodity, and currency at BSE, NSE, and MCX. A charge of Flat 20 Rs brokerage irrespective of the trade size.
5 paisa mutual funds – it offers both regular and direct mutual funds. A charge of Flat 10 rs executed an order for online mutual funds investment.
5 paisa Demat account – This offers membership with CDSL. You will get an award for being a premier depository participant by CDSL in March 2019.
5 paisa trading platform – it includes a mobile trading app and a trading website. And installable trading terminal. You can build this platform on the latest technology. You will get recognized for the ‘best use of mobile technology in financial services.
Pros:
IIFL is a non-banking institution with experience over 2 decades.
As per the trading needs, you can choose from three subscriptions.
You can use the mobile app, website, and desktop trading terminal. There is no software charge.
It provides free technical, derivative, and fundamental research.
Cons:
It does not provide a 3 in 1 account.
It has high Demat debit transaction charges. It’s 25Rs or 0.025% charge for the greatest plan.
It gives an exchange transaction charge in competition with discount brokers.
At an extra cost of 100Rs, you will get a call and trade in the greatest plan.
Greatest plans do not contain research and advisory services.
Investing is difficult, it makes it easier. It helps you by observing the extras of the market. You’ll improve your portfolio management. It’s trusty by thousands of online investors. Stock charts supply the web’s highest-quality money charts with mere easy clicks. Also, you’ll run custom scans to search out new trades or investments. And set automatic alerts for your distinctive technical criteria.
Real-time charting where you go It is for the trendy capitalist. Stockcharts offers the industry’s best technical tools and resources. There’s no computer code installation and frustrating compatibility problems. You’ll access everything from any web-enabled device.
A complete set of tools Stockcharts has everything. You would like to arrange, organize, and execute any finance system. It’s a whole analysis and portfolio management toolkit. You’ll discover the market’s new opportunities with advanced scanning tools. You’ll pinpoint the entry with triumph charting and annotation tools. You’ll check your open positions and track portfolios with chartlists.
16. Advisory Mandi
It helps conceptualise solving the advisory industry challenges. This addresses the critical need for retail participants in the Indian advisory industry. This app believes in optimal value creation for investors by giving top-performing analysts instructions at the right time. It helps investors to make informed decisions. At the same time, investing their hard-earned money in the stock market. It also helps in educating novice investors by providing the right guidance, information, and happenings at the right time.
The authorized and registered analyst offers their live analysis on the website. Investors will get to connect with the right advisor according to their needs in the market. It empowers the investors by giving them the power to make decisions. It simplifies the process of selecting the analyst by making an unparalleled framework where you can view unbiased past performance.
The investment path becomes very easy and convenient with the right resources according to the particular needs. It pioneered in implementing SEBI compliance in analyst registrations and promotions.
This app helps let the stock market be your companion. Kotak Stock Trader is a mobile app. It allows the trader to continue trading in domains like equities, currency, and derivatives. It gives you a couple of other attributes, like allowing tracking down the portfolio.
Online trading feature This app utilizes online trading to be online trading close to them. You can check on the market always and then get their trading done. You will also get stop loss and trigger price options.
Portfolio tracking feature The portfolio gets updated, and anyone can access the changes in real-time.
Livestock market data This app gives you live-streaming market data all the time. Also, the movement of the market will be in the form of charts at the end of the day.
Fund transfer You can transfer the funds between a bank account and the online trading account. You can also transfer funds from the bank account to the mutual fund account.
Margin checker You can access the margin by clicking the ‘available funds’ option.
Security It has layers of security, and it is secure to use the app. Authentication of 2 passwords is important for every user. There is no stored data for stock trading. A session expires after 30 minutes to make it safe.
18. ET Markets
This app gives you the latest live market data on the go and makes informed decisions.
ET Markets App helps You in:
You can track live indices and stock prices with advanced technical charting.
You will get many chart types, technical indicators, comparisons, and real-time data.
You can watch live ETNOW TV or an audio stream to stay updated on the latest happenings.
You can track your stocks, Sensex(BSE), nifty(NSE), mutual funds, and forex ETFs.
You can track the stocks in your watchlist, market gainers, losers, movers, etc.
19. Stock Edge
You will get end-to-end information about all the NSE and BSE stocks in India. It covers market movements, updates, financials, technicals, and derivatives. You can complete mutual fund data along with AUM analysis. It gives through simple and interactive charts and bars. You can also mark stocks, scans, investors, and mutual funds as your favourite. You will get premium features like investor portfolios and MF investment ideas.
It is useful for:
Investors This gives you a decision-making tool that helps in analyzing your stocks. It also helps identify new stock ideas relevant to the criteria.
Traders This tool offers information about pre-market and post-market data analytics. It has a unique scan feature that is greatest for intraday, swing, and derivative traders.
Analysts This app contains a one-stop solution for fundamental and technical research requirements.
The Angel Broking app offers trading anywhere to Angel Broking customers. This app offers to trade in all segments, including equity, derivatives, currency, and commodities at BSE, MCX, and NCDEX. Investments in IPO and mutual funds are also available in this app. The secure, fast, and simple app works for both seasonal investors. It gives customers real-time streaming quotes and charts. Live news, many watchlists, online fund transfers, and research reports. Demat holdings, margin statements, limits, order summary, and more.
Features:
It provides online trading on mobile devices.
Trading in equity cash.
Trading in equity derivatives.
Trading in currency derivatives.
Trading in commodities at MCX and NCDEX.
It helps to invest in mutual funds, bonds, etc., and it also tracks derivative positions.
It offers live-streaming stock quotes, charts, and news. It has over 40 technical chart indicators and overlays.
This app has stock advice on the go through ARQ, the auto advisory engine.
You get to research reports and advisory calls. Also, you have personalized notification alerts for trades and ideas.
It also gives a viewof Demat account holdings. Real-time online funding transfers over 40 top banks.
21. Economic Times App
This app helps you to track the latest business news on the go and make informed decisions. You will get the latest updates from markets, business, and economic news as it happens.
Features:
It gives you the latest and most popular business news.
It shares news articles with colleagues and partners via email, Facebook, etc.
This app offers to profit from stock market views and recommendations from experts. Also, it has the latest updates from the stock market.
You can manage your investments in the stock market with the ET portfolio. You will get to track the stocks in your watchlist, market gainers, losers, etc.
All new navigation – you will get easy navigation. That displays all the categories in different modes. It has a simple cascading display for content with tools to dismiss layers.
It offers you stock market news, top stories, and analysis. Expert opinions on investing and analysis from NDTV profit.
You can watch Live TV streamed from NDTV profit studios. You will get all of the NDTV profit program videos and market analysis.
This app provides you with all the episodes of NDTV profit shows like Gadgets Guru, the car and bike show, and more.
You will get to track the markets and get live stock quotes during market hours. Also seamless integration with Twitter and Facebook to share content.
23. Stock Twits
This is a social media platform. Designed for sharing ideas with traders and investors. This app was co-founded by Howard Lindzen and Soren Macbeth in 2009. Also, Time magazine has listed the company in the “50 Best Websites” list. In 2012, the company was awarded “the top 10 most innovative companies in finance”. Stock tweets allow users to communicate to ticker streams in real time using hashtags. Customers are also able to communicate on Twitter.
The contents can be with the StockTwits extended network. Such sites are Yahoo Finance and CNN Money. This app offers the ability to share content with their personal Twitter, LinkedIn, and Facebook accounts.
24. Feedly
User interface Feedly is the winner with Google Reader’s demise. Since Google discontinued Google Reader, users have joined Feedly. It offers all the features of Google Reader. There are no ads, popups, or anything that can distract your reading. You will get the index view, today’s view, and recently read. You will get to organize your feeds view to create a new collection.
Cross-platform support It works on all platforms. There is an official app for all major platforms. There are unofficial apps for other platforms. If you want to work on mobile and desktop, you need to use the Feedly web.
3rd party app integration It helps with third-party apps. You will get to see many apps on their app centre that work with this app. It supports IFTTT, zapier, sprouts social, etc, because it’s a premium feature.
Save a URL to read later. There is a “read later” feature on Feedly, which helps you to save an article to read later. It makes the reading process simpler and smarter.
25. Kite By Zerodha
Zerodha boasts over one crore active clients, comprising nearly 15% of India’s retail trading volumes. Its robust technology platform makes it suitable for both novice and experienced traders. Zerodha Kite, the company’s flagship mobile trading software, offers an array of features, including market watch, advanced charting with over 100 indicators, and various order types like cover order and good till triggered (GTT) order. Additionally, users can access Zerodha Kite via a Chrome extension for convenient order placement and stock tracking.
ICICI Direct is a full-service brokerage app and a part of the ICICI Group, which is one of the oldest brokerage service providers in India. It caters to the needs of both advanced investors and beginners by offering seamless online trading and investment services. The app provides free advisory services and research to its users, as well as free equity futures trading. Additionally, ICICI Direct charges no fees for futures trading and account opening services. It also serves as a stock market learning app for those looking to expand their knowledge and expertise in trading and investing.
Features:
Utilize analytical tools like live charting and graphs for option chains, along with real-time profit and loss statements.
Receive smart stock alerts to avoid high-risk and penny stocks.
Experience fast order placement with a simplified user interface, including swipe-to-buy and sell options.
Create multiple watchlists for stocks, indices, and F&O contracts.
Access a wide range of products, including equities, commodities, currencies, derivatives, margin trading, mutual funds, IPOs, FDs, bonds, insurance, and ETFs.
The MO investor app is a product of Motilal Oswal Securities – one of the leading stock brokerage firms in India. This app is highly regarded in the market for its advanced tools, instant price alerts, and user-friendly interface. The app offers a wide range of services that allow investors to invest in equity, derivatives, commodities, currency, mutual funds, IPOs, bonds, U.S. equities, and other portfolio management services. Additionally, for those looking to learn more about investing, the app offers beginner, intermediate, and advanced courses, as well as a vast range of blogs and attractive infographics.
Features:
Utilization of AI-driven tools aids in optimizing portfolio rebalancing, leading to enhanced returns.
Value-added offerings include SIP via WhatsApp, automated advisory services, live bot genie, and call and trade service.
Various funding options, including loans against securities, margin funding, and stock lending features, are available.
Extensive educational resources include online lessons, videos, and blogs.
28. Edelweiss Mobile Trading App
The Edelweiss mobile trading app is an excellent choice for active traders as it offers a range of advanced chart options, market analysis tools, and detailed reports. The app provides real-time commentary on market trends, access to research tools, a dedicated relationship manager, a free portfolio organizer service, and Whatsapp alerts. There are two brokerage plans available – the “lite” plan and the “elite” plan. The former is more affordable, while the latter is feature-rich.
Features:
User-friendly interface with real-time commentary for a seamless market view.
Sector-wise performance overview provided.
Specific sections are allocated for equity, derivatives, and commodity markets.
Flexible subscription plans like “lite” and “elite” cater to varying user requirements.
29. Paytm Money
Paytm Money is a popular online trading app that has attracted nearly 14 million users to date. The app allows users to invest in various segments, including equity, mutual funds and other financial instruments such as the National Pension System (NPS). However, Paytm Money users are not currently able to trade in currencies or commodities.
Launched in 2017, Paytm Money has experienced significant growth and is known for its low brokerage fees. The app charges zero fees for services such as account opening and maintenance and even offers low charges of zero and INR 10 per order for equity delivery and intraday trading, respectively.
30. Sharekhan
The Sharekhan trading app is an excellent choice for both experienced traders and investors. The app is well-known for its demat and full brokerage services. With this app, you can invest or trade in equities, derivatives, currency, mutual funds, bonds, IPOs, and commodities and keep track of your portfolio. Sharekhan trading app offers both delivery and margin trading to its users. The app has several innovative features, such as advanced search options, in-depth chart analysis, options contracts on a single page, and other up-to-date tools. It’s worth noting that the Sharekhan trading app doesn’t charge anything for account opening and deposits.
It offers various brokerage plans, including prepaid account maintenance schemes with reduced brokerage rates.
Users can save customized screens and graph templates for future use.
Customer support is available via toll-free phone, email, and live online chat.
Online fund transfers are quick and accessible through 12 banks.
Brokerage charges vary based on the selected plan and transaction value.
31. Groww
Groww is a platform that operates on a simple and transparent pricing model based on a flat fee structure. This means that you will only be charged a minimum brokerage fee of 0.05% of the trade value and a maximum brokerage fee of INR 20, irrespective of the segment you are trading in, whether it’s Equity Delivery, Intraday or F&O. You can use the brokerage calculator provided by Groww to estimate all the charges involved, so you can make informed decisions while trading.
Additionally, opening an account with Groww is absolutely free, and there are no maintenance fees charged for the Demat account. This means that you can start your trading journey with Groww without any upfront costs or hidden charges.
FAQs
What is the stock market, in simple words?
The stock market is where people buy and sell publicly traded company shares. It allows investors to own a portion of a company and potentially earn profits as it grows.
Which are the best stock market apps for trading?
The stock market is where shares of publicly traded companies are bought and sold. Some popular stock market apps for trading include Robinhood, E*TRADE, and TD Ameritrade.
Which is the best stock market learning app?
Some other notable stock market learning apps include Money Control, Webull, Groww, Sharekhan, ET Market, etc. Each app offers unique features and resources for users to learn about the stock market.
What is the role of a stock marketing app?
A stock market app facilitates online trading and investment, providing users with real-time market data, research, and tools to manage their portfolios efficiently. It also offers educational resources and analysis to help users make informed investment decisions.
Nitin Konde
