With the objective of enhancing the stock market skills for its subscribers, Reliance Communications today announced the commercial launch of its latest offering - ?Stock Mania?. On downloading this innovative application, the user is provided with a virtual fund of Rs.10 lakh as part of the registration. With this virtual fund, the player can start trading in stocks and monitor his/her portfolio on a real-time basis, without having any financial investments or implications.
The ?Stock Mania? application is connected to BSE live feed and the subscribers stock positions are linked to the actual stock market performance. The application also includes a ?BSE Portfolio Tracker? which tracks the portfolio and investment position.
?Stock Mania application is an innovative service that will provide our mobile customers with the opportunity to experience a simulation of real-time trading with shares listed on the BSE and managing their ?virtual stock portfolio?, without any actual financial transactions or implications. It?s a great tool for educating the youth and new investors about the dynamics of the stock market. Reliance has always been a leader in bringing the most compelling applications to mobile phones?, said Mahesh Prasad, President - Applications and Solutions Group of Reliance Communications.
Stock Mania service is provided by Astute Systems Technology as part of the Reliance Developer Program (refer to www.dadp.com). Astute is one of the leading developers and publishers of mobile applications. Stock Mania is available on most color mobile phones using BREW and WAP technologies. The service is currently being ported to Java based handsets including the black and white phones. Customers are charged Rs.3 for each game session and for real-time BSE updates.
Reliance Communications has added this mock stock trading and portfolio tracking application to its suite of hundreds of applications and games on its popular Reliance Mobile World (R World). This is an application that can be used by stock market watchers who enjoy playing games on the mobile phones.
Reliance Mobile World also hosts a bouquet of Real-time financial and banking services. It offers BSE, NSE, MCX, NCDEX real-time tracking services along with mobile banking, payment services using credit card or direct debits.