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Virtual Stock Market Simulation | KJSCE Mumbai | April 2

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Event Description

Bloombox Stock Exchange - BSE presented by Bloombox, E-Cell KJSCE, as a part of E-Summit’24 provides a virtual stock environment with a realistic replica of Dalal Street to help participants learn relevant skills needed for trading, with cash rewards for the top traders. Participants will also get to participate in a session on Mastering the Markets to learn more about this stock game during the competition, guiding them through the terms and strategies. BloomBox Stock exchange will take place for three days, during which participants can trade their stocks. One day before the event, a session will be conducted by PaperTrade where participants will be trained about stocks and the basic requirements needed for this event. The participant with the maximum net worth by the end of the competition wins amazing prizes!

Stock Trading Timeline:

  • April 2nd - Training Workshop
  • April 3rd - 5th - Stock Trading Simulation

Eligibility:

  • Students from all across India are eligible to participate in this simulation.
  • Participants must be undergraduate students, postgraduate students, or below.

Judging Criteria :  

  • The net profit achieved after the trading simulation shall be the criteria for rankings.
  • In case of a tie, one with the lower number of trades will be given priority.

Rules:

  • The simulation game will begin on April 3, 2024, and will last for 3 days.
  • All the required links will be provided only to registered participants.
  • Each participant will be given a base of 5 lakh INR (virtual money that cannot be withdrawn) at the start of the event for trading.
  • Stocks of around 100 companies will be added while creating the game. The companies may be taken from NSE, BSE, or other stock exchanges in India.
  • Coordinators from the E-Cell will keep track of the assets of all participants and ensure that no discrepancies occur.
  • In case of any dispute, the decision by the Event Coordinator, after consultation and consent of the team, will be final.
  • At the start of the event on April 3, 2024, the value of the stocks will be their actual value at that moment. As the trading proceeds, the values of stocks will rise or fall according to the actions of the traders and will be adjusted accordingly by the website.
  • After the event on April 5, 2024, the net worth of all participants will be calculated by summing up the price of their stocks and the liquid cash at their disposal.
  • The top three traders will be announced and awarded at the closing ceremony of E-Summit 24 i.e. on 6 April 2024.

Event Details

Date: April 03, 2024

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