India has among the world’s highest household savings, at around 30%. Despite this, the Indian stock market is still in a nascent stage. Only around 7,800 scrips are listed on the Indian stock markets and among these less than 3,000 are actively traded. There are, however, several Android apps that make trading more convenient. Among these, there are some apps that are comprehensive, while others are niche.
In this article, we’ll take a look at some of the best and free stock market apps in India.
Also read: Stock Trading Tips for beginners in India.
Free Stock Market Android Apps in India
The comprehensive apps allow you to:
- Get updates on Indian and global financial markets
- Track BSE, NSE, MCX and NCDEX exchanges
- Track indices (Sensex, NIFTY and India VIX), stocks, futures, options, mutual funds, commodities and currencies
- View recommendations from experts
- Receive tips
- View charts
- Monitor your portfolio
Among the best stock market Android apps that offer comprehensive features are:
1. Moneycontrol Markets on Mobile
The Moneycontrol app is among the most popular Android apps for the Indian Stock market. Apart from the features of a comprehensive stock market apps, it allows you to view live streaming of CNBC-TV18 (English), CNBC AWAAZ (Hindi), CNBC BAJAR (Gujarati) and CNBC PRIME HD.
2. Stock Watch: BSE / NSE
Apart from the regular features, the Stock Watch: BSE / NSE app allows you to track top fund houses and analyst views on a specific stock. You can know their current view, changes in their recommendations over 90 days and the consensus view. It also has a search suggest functionality and sort facility
3. IIFL Markets
The IIFL Markets app was awarded the best mobile app for stock markets by Zee Business awards. Launched by India Infoline Ltd, one of India’s leading brokerage firms, this app enables instant trading to registered customers. You can view equity research reports from IIFL’s own team, receive price alerts and customizable your watchlist. You can also request for support directly from the app.
4. NSE Mobile Trading
The NSE Mobile Trading app is popular because of its simplicity. The downside is that many of the features one would find in comprehensive apps are missing in this one.
5. ET Markets
Launched by The Economic Times, the ET Markets app lets you track stock market indicators in several regional languages. You can also watch ETNOW TV. It has a smart voice search functionality and one can customize news, analysis and data according to one’s preferences. You can set up your watchlist and can share news and events with your community through SMS, emails, Twitter, Facebook and WhatsApp. Moreover, you can sync stories when online and read them offline.
6. JStock Android
The JStock Android app integrates with the desktop app. It supports 36 world stock markets and allows you to manage your dividend, along with your portfolio.
7. BSE NSE Live Stock Market News
Apart from the regular features, BSE NSE Live Stock Market News app provides latest news on finance & economy, business & technology, companies, personal finance & wealth, saving & investing, spending & borrowing, real estate & property, insurance & retirement planning, taxes and career planning from various sources like CNBC, Reuters, ET, Rediff, Moneycontrol, Bloomberg, Investopedia and MarketWatch.
8. NDTV Profit
The NDTV Profit app allows you watch Live TV and use interactive charts with custom timeframes from a day to three years.
9. Indian Stock Market Watch
Apart from the regular features, the Indian Stock Market Watch app has a very detailed individual stocks page.
10. Indian Share Market
The Indian Share Market app provides the regular features as well as some educational material, like a glossary and how-to content.
Niche Free Stock Market Android Apps in India
Here are some apps that may not have the regular features of comprehensive apps, but offer something different:
11. Stock Manager – NSE
The Stock Manager – NSE app is very lightweight and can function with very low internet bandwidth.
12. Stock Edge
The Stock Edge app is focused on research and analytics. It provides extensive tools for fundamental, technical and derivatives research. The app allows you conduct price scans and filter according to highs and lows achieved in a week, a month, 52 week, etc., high volume stocks, high delivery stocks, etc. It also allows to check moving averages, candlestick patterns, aggressive longs, aggressive shorts, etc. One can also conduct sector research
13. Share Market Trading Course
The Share Market Trading Course app has 20 hours of technical analysis and training videos for stock trading, commodity trading, options and forex trading. The training materials range from beginner’s guides to advanced technical analysis tools and strategies.
14. BSEIndia on Mobile
The BSEIndia on Mobile app has been launched by BSE Ltd, Asia’s first Stock Exchange.
15. Live Share Tips
The Live Share Tips app provides tips for NSE, BSE, MCX and NCDEX, commodities, gold, silver and forex. One can also follow the moves of experts.
Other Free Stock Market Android Apps in India
Which stock market trading apps do you use? Let me know your recommendations in comments. Thanks!