Now Reading: NSE launches Market Lens stock screening tool for 2,000+ stocks
-
01
NSE launches Market Lens stock screening tool for 2,000+ stocks
NSE launches Market Lens stock screening tool for 2,000+ stocks
The National Stock Exchange has launched NSE Market Lens, a stock screening tool that covers over 2,000 stocks. The tool is available on the NSE India website and mobile app, according to…
The National Stock Exchange has launched NSE Market Lens, a stock screening tool that covers over 2,000 stocks. The tool is available on the NSE India website and mobile app, according to an exchange release.
Designed to help investors and traders understand price movements, compare securities and identify market trends, the tool provides real-time market coverage including chart indices, equities and futures & options contracts. Users can analyse markets across flexible timeframes from one minute to one month, and use indicators for momentum, trend and volatility analysis.
Investors can compare multiple stocks or indices on a single chart, apply trend lines, channels and Fibonacci tools, and customise charting with scales such as Linear, Logarithmic and Percentage. The tool also allows users to save layouts, add text and emojis, and download charts for analysis.
Indian Opinion Analysis
The NSE's move puts a free, exchange-backed screening tool in direct competition with paid platforms such as TradingView and Bloomberg terminals, potentially democratising technical analysis for retail investors. The exchange's reach, with over 20 crore registered users, means the tool could significantly lower the cost of advanced charting for small traders. The real test of adoption will be usage data: how many unique users access it daily in the first quarter, and whether the NSE monetises it later via premium tiers or data-feed fees.
The Securities and Exchange Board of India has been pushing for greater investor access to market data, and this launch aligns with that regulatory direction. Next, watch for rival exchanges such as BSE to respond with their own free tools, or for the NSE to integrate this into its IPO-bound platform to boost valuation.
Source: ndtvprofit.com
This brief was synthesised by AI from the source linked above.
