MUMBAI: ET Now, the English business news channel, has launched BNSN - The Game, a stock market game.
Starting 9 May, the show will air at 11 am on weekdays. It will be anchored by Devina Menon and Avanne Dubash.
The game will show how top-notch market experts invest in markets for five days with Rs 500,000 of virtual money.
“The focus here is to give viewers an opportunity to see how the big market analysts play the markets; what is the methodology that they follow while picking the four potential stocks for the day and also understand how do they allocate money to different stocks based their methodologies,” the channel said.
The three market experts who will play during the first week of the show are Mitesh Thacker (miteshthacker.com); Rajat Bose (rajatbose.com); and Gaurang Shah (Geojit BNP Paribas Financial
Services).
Each analyst playing the game will be given an imaginary corpus of Rs 500,000 at the start of week which would be utilised to buy the four recommended stocks. Based on the real time market fluctuation every time a target or stop loss recommended by the analysts is triggered, the analysts would have to replace that stock with another one. This replacement will take place real time and would be reflected on the ticker. Also, even if none of their recommended stocks have triggered their respective target or stop loss, the analysts still have to replace two of the four recommended stocks with two new stocks at the end of each day.