Can you beat the market?

TrakInvest has partnered with Religare Securities to launch Religare Online Beat The Market investment challenge.

Zee Media Bureau

New Delhi: TrakInvest in partnership with Religare Securities has launched Religare Online Beat The Market investment challenge for those who think they understand the market.

The Challenge runs from May 1 to June 15, 2014 where the top performers will win sponsored prizes and internships at Religare Securities.

The TrakInvest platform and participation in the contest is free and open to all individuals residing in India.

Under the challenge, TrakInvest, the world's first virtual social investment platform for equities, will provide each new user with Rs 50 lakh of "play" money to build their winning equity portfolios. The platform combines social media and compensation-incentive based investing into a simple user interface.

Users get phantom cash allocations to build their investment track record, and are provided with contextualized news and twitter feeds, detailed research and analytics as learning tools to kick-start their portfolio. The algorithm generates “friends suggestions” of individuals who are leading performers based on the user's queried stock, its sector, and market.

Religare Securities is a leading market securities firms in India serving over 9 lakh clients across both Offline and Online platforms. Through its extensive footprint extending to over 500 cities, Religare offers broking services in Equity, Currency and Commodity as well as depository participant services.