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Manigma

Dalal

Street

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Are you a stock market enthusiast? Do the words Sensex and Nasdaq mean more to you than mere names on the scrolling bar of news channels? At Pragyan ’22, we have the perfect platform for you to test your trading skills, and see if you understand the evolution of trade from barter to the modern-day stock exchange, here at Dalal Street! Are you willing to do what it takes to stand out from the crowd and become the wolf of Dalal Street?

• All players start the game with a fixed amount of cash.
• Players make/lose money by trading stock in exchange.
• Players get to predict market behaviour by virtue of the constant news feed.
• The market will often swing wildly - keep a keen eye on the news.
• A constantly updating market depth will be shown for each stock to help players decide what other players think of that stock.
• Phone Verification is used for the identification of unique players.
• Users can refer the game to others and get in-game cash rewards.
• The player will be blocked from the entire event, if they’re found guilty of any forms of malpractices including but not limited to having multiple accounts, cash funnelling operation between accounts.

• The event will be conducted in a single round, lasting over a period of 7 days.
• The stock market functions from 8:00 PM to 12:00 AM.
• Players will have to get a feel for the market price and news related to companies.
• Players have to buy, sell, and mortgage stocks based on their predictions.
• Besides human participation, bots (of various intelligence levels) will also play to keep the market alive and random.

Judging Criteria:
Players are expected to climb their way to the top of the leaderboard by making intelligent investments. Players are ranked based on their net worth which is the sum of the liquid cash they own and the net worth of their stocks.

FAQs:
1) What is trade? How can I trade?
Trade is done at the stock exchange. You buy company stock from the stocks in exchange. You enter the amount of stock you want to buy from the company and click on ‘Trade’ to complete a successful trade.
2) How can I buy stocks from other players?
You can buy stocks by giving a ‘Bid’ order for the particular stock. You will receive the stock only if your bid is successful. You are permitted to negotiate for the same stock by sending another bid.
3) How can I sell stocks to other players?
You can sell stocks by giving an ‘Ask’ order for the particular stock. Only when your ‘Ask’ is successful will you receive the money. However, you can negotiate for the same stock by sending another ‘Ask’ order.
4) What are the types of orders supported by Dalal Street’s exchange?
We support ‘Limit’, ‘Market’ and ‘Stop Loss’ orders. If you’re not sure what these terms mean, worry not. We have provided resources for you to familiarise yourself with these terms.
5) Who can participate in Dalal Street?
Anyone with a valid Pragyan ID can participate. If you don’t have a Pragyan ID, please register on the Pragyan website.
6) What is the role of bots? Who makes the bots?
The bots are present to provide realistic market fluctuations. They behave like human players - they buy, sell, and mortgage stocks following their own strategies. A large number of these, each different from the other, will give the market a randomness factor. The bots will not have any advantage over human players - they will take their own sweet time to trade stocks. After all, the prize money is only for human players. Also, the bots are designed by us and not the participants.
7) Whom should I approach in case of technical problems or queries?
You can always call our managers directly in case of any emergency. Every player will be notified in case of technical difficulties within the Dalal Dashboard under the notification or alert tab. Further instructions will be put up on our main site.

Prize Money: INR 20,000

Contact:

• Sivaraman: 99943 16028
• Chirag: 7351740611