NSE Launches Mobile App and Expands Website in 11 Regional Languages for Diwali
The National Stock Exchange of India (NSE) has introduced its official mobile app, NSEIndia, and expanded its corporate website to support eleven regional languages, coinciding with the Diwali celebrations. This initiative aims to democratize financial information, making it more accessible to investors across India.
Website Expansion
The NSE website now offers content in twelve languages, including Assamese, Bengali, Kannada, Malayalam, Oriya, Punjabi, Tamil, and Telugu, in addition to English, Hindi, Marathi, and Gujarati. This expansion is designed to break linguistic and regional barriers, fostering greater engagement and inclusivity among investors.
Mobile App Features
The newly launched NSEIndia mobile app is available on both the Apple App Store and Android Play Store. It provides an intuitive and secure experience for investors, featuring an overview of indices, market snapshots, market trends, and turnover. Users can access quick summaries of Nifty 50’s top gainers, losers, and most active stocks, along with a convenient stock search and personalized watchlist feature. The app also includes a specialized option chain section for easy access to options trading data.
Statements from NSE
Sriram Krishnan, Chief Business Development Officer at NSE, stated, “This Diwali is yet another milestone in NSE’s ongoing commitment to India’s Capital market. Our new mobile app and the expansion of our website into eleven regional languages are transformative steps towards a more inclusive and accessible financial ecosystem.” He emphasized that these initiatives are designed to empower investors by providing intuitive tools, near real-time insights, and the convenience of accessing market information in their native language.
Doubts Revealed
NSE -: NSE stands for the National Stock Exchange of India. It is a place where people can buy and sell shares of companies, similar to a big marketplace for stocks.
Mobile App -: A mobile app is a software application that you can download and use on your smartphone or tablet. The NSEIndia app helps people access stock market information easily on their phones.
Regional Languages -: Regional languages are the different languages spoken in various parts of India. By supporting 11 regional languages, NSE is making it easier for people who speak different languages to understand stock market information.
Diwali -: Diwali is a major festival in India, also known as the Festival of Lights. It is a time when people celebrate with lights, sweets, and fireworks, and it is considered an auspicious time for new beginnings.
Market Snapshots -: Market snapshots are quick overviews of the stock market’s current status. They show important information like which stocks are doing well or poorly at a glance.
Personalized Watchlists -: Personalized watchlists are lists that you can create to keep track of specific stocks you are interested in. This helps investors monitor their favorite stocks easily.
Sriram Krishnan -: Sriram Krishnan is a person associated with the NSE who is talking about the new app and website features. He is highlighting how these changes will help more people participate in the stock market.