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MUMBAI:
Moneycontrol.com, India's most-preferred business and finance portal
has launched yet another innovative offering for its customers –
'Stock Messaging Service'. The flagship portal of the Web18 group
has come up with this innovative Product for the investor community
to keep them updated with the latest happenings on the stock market.
This service got a tremendous response, with more 20,000 registrations,
in the very first week of the launch of service.
The
service includes updates on stock prices through the day, along
with any news that can impact the stock price, recommendations and
views about the stock from the well renowned researchers, important
announcements made by the company and any unusual volume, price
movement and bulk deal on the particular stock. This service will
be of great help to people having high stakes in some particular
stocks to keep a track on any news that could have an implication
on their investment.
Commenting
on the new initiative, Mr. Neeraj Sanan, Marketing Head, Web18 adds,
"We saw a great need for a product that will keep people updated
on their high stakes in some individual stocks and hence we conceptualized
and launched this service and our belief has been validated by the
huge positive response this service has generated"
With
the crisis in the US economy and its effects on the worldwide markets
including India, the Stock Messaging Service could not have been
launched at a better time. The investors have become more and more
watchful about each and every rise or fall in the stock market.
The service has already generated huge response with more than twenty
thousand people registering to the service in just a week of its
launch (remove it as it's a repetition). The company expects to
touch a figure of one lakh registered users in a span of three months
and is quite buoyant and upbeat about this service.
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