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Stock On

In the business world, the rear view mirror is always clearer than the windshield.

- Warren Buffett

“Stock On” presents You with the unique challenge of beating his theory by reading into news flashes and identifying reliable rumours to be able to look ahead clearly and drive your“cars” (investments) with aplomb and panache.

“Stock On” provides you with virtual money and allows you to get 1st hand experience of the stock market without actually taking the risk involved.

  1. Interested Traders must register themselves with SRIJAN 2012 before the 20th February, 2012.
  2. The maximum amount of cash available to each trader is INR 5,00,000.00.
  3. There would be an International Press where Newsflashes and Rumourflashes would arrive from time to time.
  4. The game would be played over two days comprising 10 “Trading Day” and 9“Lull Day”.
  5. The market will open for traders at 11 am.
  6. Each “Trading Day” is equal to 30 minutes of real life time.
  7. Traders can trade during the “Trading Day” i.e. the 30 minutes during which the markets are open.
  8. Each “Trading Day” would be followed by a period of 30 minutes called the “Lull Day” during which the market would remain closed. For further trading, the traders need to wait for the next “Trading Day” i.e. after this period of 30 minutes.
  9. During the “Trading Day” i.e. during the 30 minutes when the market is open for trading, there would be two news flashes in the international press.
  10. It is for the traders to draw any conclusions regarding the effect that a particular news from the newsflash may have on the price of a share.
  11. During the “Lull Day” there will be one newsflash in the International Press. It is again left to the traders to decide whether a particular news will affect the share prices or not.
  12. Prices of shares will vary depending on the effect of the news in the Newsflash on a particular company and also on the demand for a particular company’s share. For example, high demand for a particular company share will lead to increment in the prices of the particular share concerned.
  13. In addition to the Newsflash, there would be one “Rumourflash” during the “Lull Day”. These rumours may be rogue or may be trustworthy. It is for the traders to decide whether to trust a particular rumour or not.
  14. Each trader would be issued a bunch of application forms that the trader needs to bring in, duly filled, to the trading window in order to purchase the shares of any particular company.
  15. At a time a trader will be allowed to trade shares of not more than 3 companies.
  16. The updated list of the share prices of the various companies would be put up on the notice board for the information of the traders.

Organiser’s decisions would be final and would be binding on all the participants.

For any further queries contact:

  • Ritwick Mukherjee 8820891081
  • Aman Bhuwania 9007437677
  • Rohit Jain 9933448822
  • Parthojit Chakraborty 7679710834

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