BSE and Twitter partner to provide real-time stock updates

Bombay Stock Exchange and Twitter have announced a partnership today to provide real-time market updates on Twitter via auto Tweets, DMs and more. Twitter is the first international social media platform that the BSE is leveraging to enable millions of Indian investors to access stock-related information via a digital platform with ease. The partnership is a move towards democratising financial information for the business community in one of the fastest growing economies in the world, and to provide on-demand financial information and content to users.

Twitter has activated four unique features to allow people to follow the markets through hourly Tweets, auto responder Tweets for Sensex 30 stock prices, auto Direct Messages for opening and closing figures of Sensex 30, and a ‘live’ display photo that will change every two minutes to project the dynamic Sensex figure and level.

During trading hours (9 am to 3.30 pm), @BSEIndia will send hourly Tweet updates of the Sensex figures, level, and Top 5 gainers and Top 5 losers. People can stay notified by following @BSEIndia and turning on mobile notifications for the account.

@BSEIndia’s display photo will change every two minutes to reflect the current Sensex figure and level – with a red arrow pointing downwards when it is down, and a green arrow pointing upwards when it is up. At a glance, people can gauge the market condition.

For Sensex 30 current stock prices, people can Tweet to @BSEIndia with the company hashtag to get the current company stock price via an auto-response.

Users can also subscribe to a special Direct Message subscription facility for Daily Opening and Closing stock price for Sensex 30 companies. They can activate this facility by Tweeting ‘#Subscribe #CompanyName’.

This daily utility facility will be a refreshing move for traders and businessmen, as @BSEIndia on Twitter will become a one-stop platform to keep up with the dynamic, fast-paced markets changing in real time. Push notifications on company stock prices and subscription facilities will allow people to keep up with the market on their mobile phones.

Speaking on this partnership, Viral Jani, Media Partnerships, Twitter India, said, “This is the first-ever association in Asia between a stock exchange and a social media platform to provide real-time market updates. We are thrilled to pioneer this initiative to make crucial information accessible at your fingertips in this fast-paced world. Twitter has been your live connection to news, culture, events – and now even the stock market, and we are pleased to support BSE in achieving its goal to provide financial content on demand to business audiences in India.”

Endorsing this partnership, Ashishkumar Chauhan, MD & CEO, BSE India, said, “BSE is known for its innovative products and strategies. With this tie-up with Twitter, we genuinely hope that investors and businessmen will find accurate and real-time information disseminated through Twitter very useful. We believe this association will also aid in fulfilling the mission of Digital India.”