Moneycontrol Launches Subscription-Based Stock Messaging Service

Moneycontrol.com has launched a Stock Messaging Service for registered users to keep track of their portfolio, stock market news alerts and expert views. The service priced at Rs 100 per month provides 3 daily SMS’s for 4 stocks and portfolio networth roundups. Package details are available here (login required, screenshot below)

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The service claims to have registered 20,000 users in its first week and expects 1,00,000 users in three months.. You need a Moneycontrol id to sign up, which means your portfolio online will by synced with updates over mobile. Moneycontrol had previously launched its mobile app called Markets on Mobile, this is presumably aimed at users with basic handsets.

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