People do want to invest in stock markets. However, risky, but gives good returns as well. Also, people avoid it because they do not know how to use it.
But there is good news for all such people who want to invest in stock markets but are unable to because of their lack of knowledge.
Hedge Equities, one of the leading financial services company based here, has launched the mobile game app 'TORO e ORSO' (Italian for bull and bear) after success of the earlier board game, which was well received among the youth and prompted them to go forward with this to make simple the learning the basics of stock trading.
This app is developed by C Shark which is famous for its gaming apps. The company has been able to do so with the support of Hedge School of Applied Economics in Kochi.
The interface of the app is like a game in which players will initially get a virtual amount of Rs 5,000, which can be used to invest in any one of the ten sectors - oil and gas, telecom, FMCG, automobile, realty, pharma, power, IT, metal and banking.
According to the Managing Director of Hedge Equities, a game is the best way to teach youngsters about the basics of share trading as they pick up things easily through games.
"The android based game, launched as a single player one, has three levels - beginner, amateur and professional. While the beginner level has 10 rounds, amateur and professional levels have 20 and 40 rounds respectively," he said.
If this app gets successful, it will not only serve as a profitable venture for the companies but it will enhance the ability of every individual who wants to invest in stock markets.