ECONOMICTIMES.com, India's largest business newspaper's website, has launched a free online virtual stock market game—Sharebaazi— to enable its readers to learn the tricks of the stock market without losing their money. Each participant on sharebaazi.com gets Rs 10 lakh of virtual money to play the game, and a chance to win weekly and monthly prizes such as laptops, home theatres and portable MP3 players. The virtual game provides a realtime trading environment so that participants can easily understand the dynamics of the stock market and invest in it without any fear of losing their money.
Says Indiatimes CEO, Rishi Khiani,"Stock markets have always been a place where informed choices have made people earn fortunes. In order to make it more democratic so that more people get a chance to invest in India growth story, we have launched a virtual game that makes people learn the nuances of the stock market in a thrilling manner. It also gives players of Sharebaazi a chance to encash their knowledge by winning maximum points and prizes."
A virtual stock-exchange not only helps the beginners to get over the apprehension of investing in shares, it also makes the entire process an exciting and fun-filled experience. It helps them understand market lingo and the nuances of building a winning portfolio of stocks in an interactive manner. For the experts, it's perfect place to test their skills and show their investment wisdom to everyone by earning maximum profits and wining exciting prizes.
"This is a welcome (and slightly different) addition to our existing portfolio of games on cricket, football, tennis & golf, and we hope our players will enjoy a larger play canvas", says Tarun Chaudhry, marketing head of Indian Fantasy League, which has partnered with ET for the virtual game.
