DSIJ Stock Market Challenge 2017 : Dalal Street Investment Journal

Organisation : Dalal Street Investment Journal DSIJ
Competition Name : Stock Market Challenge 2017
Contest Last Date : 30-09-2017
Website : https://www.dsij.in/

Stock Market Challenge :

Stock Market Challenge is an online simulation trading game where you create and manage your own portfolio and compete with other players in a risk-free environment.

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Whether you’re new to the stock markets or an experienced investor, this is a powerful tool for building skill, evaluating and tuning your strategy, and gaining important investing experience. Stock Market Challenge is free and easy to use. Simply buy stocks to build your initial portfolio.

Continue to track the market and keep an shuffle your portfolio to grab opportunities provided so as to maximize your gains. strategy, and gaining important investing experience. Stock Market Challenge is free and easy to use.

Simply buy stocks to build your initial portfolio. Continue to track the market and keep an eye on your portfolio to grab opportunities provided etc. Access financial information on stocks to get better insight on its potential and fundamentals.

The Challenge:
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. Each player is pit against each other and his/her performance determines how the person is doing via-a-vis others.

There are multiple time periods for the contest. These are ‘Annual’ (STD), Quarterly, Monthly, Weekly and Daily. For each of these periods the challengers performances are calculated and ranked vis a vis others. Thus, you have a rank for each of the period. Trade, learn and compete with the best!

The Realism:
This Stock Market Challenge is almost as real as it happens on Bombay Stock Exchange (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. Also, very importantly, the order placed is only traded considering the prices received from the exchange after the placement of the order.

In a 1 minute delayed price feed scenario the order gets transacted at the price received from the exchange after 1 minute. This ensures no manipulation by looking at the live BSE terminal or live prices and taking undue advantage in the challenge.

Before you begin, it’s important to read the Getting Started and Trading Rules. We would welcome your feedback and comment to make this simulation better. Hence, do report suggestions/bugs, if any, using the feedback form provided on the right hand side of the page

Rules :
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.

Registration is a must. : Existing subscribers can use existing username, password.New visitors/users need to register. Registration is FREE!
Exchange and Prices : Current Trading is with respect to Bombay Stock Exchange (BSE). Stock Prices delayed by 1-2 minutes.
Game Duration : The game starts the very moment you register for the game. You are automatically placed in the contests running for different periods like ‘Start to Date’, Quarterly, Monthly, Weekly and Daily.

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.

Ranking Your portfolios will be ranked against others. Ranking is considered only for players who have transacted a stock at least once. To view rankings, click Ranking in the menu. During market hours the ranking calculation takes place every hour.

Ranking :is based on highest percentage change in the portfolio value for the period in question.
Day Rank :Ranked for the day. Based on the percentage portfolio change since the market opened on the day till the end of the day.

Week Rank : Ranked for the week. Starts from Monday and ends on Friday. Based on the percentage portfolio change since market opened on last Monday till the end of week.

Month Rank: Ranked for the month. Starts from 1st of the month and ends on last day of the month. Based on the percentage portfolio change since the market opened on the first working day of the month till the end of the month.

Quarter Rank: Ranked for the quarter. Starts from 1st of the month of that quarter and ends on last day of the month in that quarter. Based on the percentage portfolio change since the market opened on the first working day of the quarter till the end of the quarter

Start Till Date (STD) Rank: Ranked for till date. Starts from since inception of joining/resetting the game and ends when announced. Based on the percentage portfolio change since inception/resetting till the end of the game.