Introduction
Dalal Street

Cash prizes worth 25000 INR to be won!

All Pragyan Days, 1030 hrs to 1600 hrs, I-Lab (Octa)

Dalal Street is a virtual stock trading game. As opposed to conventional stock picking games, Dalal Street actually allows the players to trade among themselves. Trading is facilitated by an electronic exchange running from our servers. The player accumulating maximum wealth is crowned the winner.

Considering the great enthusiasm participants showed in Dalal Street, we have decided to increase the number of consolation prizes. Instead of 10 consolation prizes of 1500 each, we are awarding 15 consolation prizes of INR 1000 each. All trades will be reviewed today and prize winners will be announced tomorrow. Thank you for your tremendous support


 

Event Format

The players are provided with a fixed amount of virtual money initially for trading.

On day one, 1,000 stocks each of 100 fastest moving Indian companies are offered for sale at the previous day's BSE closing price. Besides this, before the start of every day's trading, 500 stocks of each of these companies will be introduced into the market at the previous day's BSE closing price  to  add further liquidity to the market and to encourage new entrants.

Participants can do market research of these companies before choosing which stocks to buy. Stocks will be offered on a first come first serve basis. Trading will be allowed in these shares starting from day one.

Players should watch the markets carefully to decide their strategy. Apart from watching the direction of prices in our virtual exchange. they should keep in touch with real world happenings too, to have the first mover advantage. A bundle containing various RSS feeds providing the latest market data, will be provided to the users. They can use their favourite RSS reader to remain in touch with the market directions. Besides this, we will provide the current price of the stocks in BSE too. Users can use this as an indicator of the stock's health.

Trading:

Trading will take place between the players of Dalal Street only. Players can place orders for various stocks and our exchange would match compatible buy and sell orders. Buy orders quoting higher price will gain preference over lower priced quotes. Sell orders quoting lower price will be given preference over higher priced ones.

 

Currently limit and market orders are allowed in trading. Margin trading and short selling might be introduced during the course of the game. There will be an exhaustive help page provided with the game interface, illustrating various features of the game. We will be providing various links to enrich the player's knowledge of investment.

Dalal Street's uniqueness lies in the fact that we actually carry out your trades and make you feel like an actual investor. Experience the thrill of seeing your trades influence the direction of the market.

Please note that this is strictly an event for college students and you have to be a UG/PG student to compete in this event.

Contest  starts on 25th February and will continue even after Pragyan. Trading will continue for a total of  15 days .

Contacts

Surya Sankar M +91 94446 22605 email: suryashankar.m@gmail.com

Balakrishnan B +91 97894 70394 email: balakrishnan.erode@gmail.com

Post your queries regarding Dalal Street here.

Announcements

Keep checking this place for announcements. We will be providing announcements within the game interface too.

Use the following links to get current info about stocks in bse. Use this info as a guide to decide what shares to buy

http://www.bloombergutv.com/

http://finance.yahoo.com

http://www.investopedia.com

 

 

Prizes

Dalal Street has always been liberal in rewarding the participants and we are planning to do the same this year

First Prize: INR 5000

Second Prize: INR 3000

Third Prize: INR 2000

FIFTEEN Consolation prizes of INR 1000 each

 

The following is the list of prize winners for Dalal Street 2010.

1st place:

Vijayakumar  

2nd place:

Praveen Madhusoodhanan

3rd place:

Ismail Hussein

Consolation prizes:

Vignesh G

Mohit saxena

Sudhesan K

Sajin Kolappan

Antony Arun Suntar I

Jegadeesh A

K Arunkumar Vignesh

Vishnu Ganth

Hena Cyriac Mathew

Ravi  D Parikh

Santhosh Veeramalla

Kanishka Jain

Rajaraaman J S

Akhil Krishna

Amrit Krishnan

The delivery of prizes could take a minimum of two weeks. In case of external participants, we will mail the prize vouchers to the contact addresses you provided while registering for Pragyan website.

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