Stock market is an important part of any person’s life who saves and invest money. Investors monitor and track the regular movements in the share price. In fact, without tracking the price movements, trading and investing in the share market is not possible. Moneycontrol website is a very good platform that provides all the necessary stock market information to the users. Let us first start the article by knowing more about the history of Money Control.
History of Moneycontrol
The website was first started by a team of husband and wife, Victor and Sangeeta Fernandes. In the year 2000, a subsidiary of TV18, E-Eighteen dot com bought the major stake in moneycontrol. The couple was given 7.5% of equity. Furthermore, with the course of time Reliance Industries acquired the Network 18 and TV18 group in 2014. Therefore, the current majority holders and owner of moneycontrol website is Reliance Industries.
Let us now understand the features and functioning of the website.
Moneycontrol Share Price
The most important aspect in the stock market is share price. With website and mobile application, the live share price can be seen easily. The following steps shall help the user to watch share price on website.
- Enter the name of the stock in the search bar.
As we can see in the above image that on typing GMR, the website suggests the name the stock.
- Now just select the name of the company and click on it.
As we can see that all the details including the share price are available on the website. All the necessary information like 52 weeks high and low, important news, financial statements, results, etc. can seen on this page.
Next important feature of website is the login feature. The users can login and create their own account on the website.
How to Login on Moneycontrol
Moneycontrol is the leader in providing stock market information. In fact, there is no one even close to it. Therefore, a person dealing with the stock market must make an account on the website. Below are the steps to sign up for the website.
Step 1: Click on the sign-up option on the website page.
Step 2: On clicking the sign-up option, a menu suggesting the different ways to open account on the website will pop up.
As we can see in the above image, the user can sign up on the website using Facebook or Google or email account.
Step 3: On signing up the website you can create your portfolio and watchlist. In fact, by creating a portfolio you can monitor the value of your investments regularly. In addition, watchlist maintains the list of stocks that you would like to track. Therefore, tracking share price movements on moneycontrol is simple and easy.
Most of the users on website and application opt for adding stocks to the moneycontrol portfolio and moneycontrol watchlist option. In fact, with moneycontrol portfolio option you can put the details of all your holdings in the application with their price. In addition, when the market opens the portfolio values increases or decreases on the basis of price movements. Furthermore, regular traders and investors can keep track of live prices by adding stocks to the moneycontrol watchlist.
Now let us have a look at the main features of the website.
Features of Moneycontrol Website
This is the default page of website. This page provides the latest market information and news. The summary of market action, global indices, most active stocks, top gainers, top losers and much more stock market information is available on this page.
The next segment on the website is News. On this page all the latest news is available. In fact, the news is not only related to the stock market but national and international news as well. Furthermore, there are various segments on the page for different news which the visitor wants to read like top news, latest news business videos, economic news, world news, mutual funds, personal finance and so on.
Market section is probably the most important section on the website. The people dealing in the stock market mainly use the website and application for the market section.This section presents the stock market news, quotes, top losers, top gainers, volume shockers, and many more things. Therefore, it would not be wrong to say that website is a complete portal for stock markets followers. Furthermore, the users can even know the information on individual stocks. In addition, the visitors to the website can know pre-market information, technical, earnings, IPO news and other market information.
The mutual fund segment on the moneycontrol website shows the different types of mutual funds. It shows the best mutual funds to buy. In fact, it suggests the visitors the Crisil rank along with monthly and yearly performance. The visitors just need to visit the page and find which mutual fund would suit their requirements.
Individual dealing in stock markets often trades in the commodity market. The commodity market is a market that trades in the primary economic sector like agricultural products, metals, oil and gas etc. The prices of commodities are available on the website. Therefore, if you are trading or investing in the stock market and also deal in the commodities market, website and application is the right place for you.
Personal finance segment on website is another useful feature for stock market traders and investors. In fact, on this page, the individuals can know different investments avenues and their performances. In addition, all the latest news about personal finance is also available. Therefore, one can determine the investment plans using personal finance tools available on the website.
Moneycontrol portfolio section is the most popular segment on its website and application. To use this facility the individual needs to login the website. Upon login, the individual can see the live rates and portfolio performance of his shares and other investments. Furthermore, he can even view all the latest news and information. Apart from shares, the individual can view the latest performance of different investments like mutual funds, ulips, bullion, property, assets, etc. One can also set price alerts for different items in the portfolio. To conclude, it would not be wrong to say that moneycontrol portfolio is most easy to use and rightly popular among the people.
Moneycontrol forum is an ideal place for an investor in the stock market to see people’s views. In fact, every stock has its own forum section and individual with an account on moneycontrol can post his views on it. With the help of the forum section, the individual can view different views and opinions on a stock on the website or application. Furthermore, the user can manage the replies, repost, and do much more stuff on forum.
Most of the stock market traders and investors prefer to watch stock market channels on television. website and application provide the feature of live tv viewing. Therefore, an individual can watch television from anywhere across the world. In fact, this gives the user the flexibility to view live channel on mobile and laptop. Therefore, this unique feature definitely gives website and application an edge over other stock market platforms. Moreover, live tv channels can be seen in Hindi and Gujarati languages.
The above points highlight the features available on the website and application. However, some of the most common reasons why people use website apart from viewing the share quotes are as follows:
Website and mobile app quickly update the results of the company. All the important financial data along with ratios is timely available on the website. Therefore, anyone who wants to check the fundamentals of the company on basis of financial records can visit the website.
Moneycontrol website not only shows the global indices but also shows the SGX Nifty live price. It helps the users to know the trend of the nifty before the market opens. In fact, it is one of the most significant feature of the website. Furthermore, many people visit the application and website just to see the SGX Nifty rates after the closure of Indian markets.
Learn – What is SGX Nifty
Nifty Trading Academy provides stock market education to the investors in the stock market. The beginners and regular investors can learn technicals of the stock prices by joining our classes. We help the investors in understanding the technical charts of the stock. By right learning and understanding of charts, you can earn good returns in the long run. In fact, you can become a successful long-term investor by applying the technical charts knowledge. Contact us if you want to learn and earn more. You can reach us via call or email for any further information. We will be glad to serve you.
I am Hitendra Dixit. I am a civil engineer, at the age of 47 I have changed my profession and came in to stock market. I got excellence award for best share market training institute in India. I provide training in live market, during training sessions I do trade with real money in front of members. Many of my members left their job and became a professional trader with my support and guidance.