Share.Market with its innovative solutions is disrupting the broking industry

The second tool offered by Share.Market is quantitative research-based WealthBaskets.

In a move that's redefining the Indian investment scene, the Share.Market platform is elevating discount broking by emphasizing accessibility and intelligent investing tools. Launched in August 2023 by PhonePe, Share.Market is making a significant impact on India's discount broking ecosystem by promoting financial literacy, democratizing investment access, and fostering an environment of intelligent investing.

Also, by eliminating account opening fees and providing a wide range of investment products, Share.Market is enabling more individuals to participate in the stock market. This increased participation can lead to a greater influx of capital, as more retail investors diversify their portfolios and include equities or related investment instruments.

The platform’s commitment is to simplify investing by offering a wide range of products under one roof. This includes stocks, Exchange-Traded Funds (ETFs), Futures and Options (F&O), WealthBaskets and of course, mutual funds. Additionally, Share.Market offers an IPO corner wherein companies foraying into capital markets can gain visibility.

With all these trading options, Share.Market also goes beyond the tradition of simply offering low-cost trading. It enhances or rather, elevates the discount broking experience by providing its users with a powerful arsenal of tools. The first tool is market intelligence, which helps users stay informed with insights and analysis to navigate the market with confidence.

The second tool offered by Share.Market is quantitative research-based WealthBaskets. As the name suggests, WealthBaskets are pre-curated baskets of stocks made to match one’s investment goals. This tool focuses on bringing discipline and organized effort toward investing, facilitating a more informed and confident investor base.

Scalable technology platform, the third tool by Share.Market simply refers to the user-friendly platform offered by the application. In addition to these tools, Share.Market also offers on-demand customer support to handhold investors in their wealth creation journey.

These tools are just the beginning. Share.Market distinguishes itself from other platforms with their offering of intelligent investing and this groundbreaking intelligence layer is the application’s USP. This layer empowers investors of all levels with in-depth quantitative factor-based analysis, traditionally reserved for HNI’s and UHNI’s as well as large institutions. This can further increase confidence in investing in companies, as investors have better tools to evaluate the risks and rewards.

·         Free, In-Depth Analysis: Unlike traditional brokers who limit research to a select few stocks, Share.Market provides an in-depth analysis of all listed stocks with published data. This bridges the research gap inherent in traditional discount broking. It is also particularly useful for the ones who are new to brokerage and for the startups that are getting listed and might get skipped by individual stockbrokers.

·         Factor-Based Insights: Share.Market has an automated process that analyses stocks across various factors. Some of the factors are quality, value, momentum, volatility, and sentiment. This helps investors gain a clear understanding of a stock's potential, risk factors and suitability for their portfolio and investment plans.

·         Comparative Advantage: This perk helps an investor to see how a stock measures up in the market. In simple terms, this allows an investor to compare a stock's factor scores with its peers, enabling one to make informed and nuanced investment decisions. Thus, providing companies with favorable comparative scores increased visibility on the platform.

Share.Market's innovative offerings position it as a game-changer in the startup sector, attracting investments and unlocking new growth avenues. Join Mr. Sameer Nigam at the India Startup Conclave  as he discusses this revolutionary platform and other businesses of PhonePe.