Advertisement

Help
You are here: Rediff Home » India » Business » Report
Search:  Rediff.com The Web
Advertisement
  Discuss this Article   |      Email this Article   |      Print this Article

Move over BSE, here comes CSE!
Get Business updates:What's this?
Advertisement
March 06, 2007 18:38 IST
Last Updated: March 06, 2007 20:08 IST

Dalal Street maybe experiencing a slowdown but the 'Cricket Stock Exchange' is shooting up.

The CSE is a novel concept created by the students of Indian Institue of Management-Ahmedabad and IIT-Roorkee that allows cricket-crazy fans to trade virtual stocks of their favourite players online. www.cricstock.com is a virtual stock exchange created on the internet and has been modelled on the Bombay Stock Exchange," said Rahul Roushan, a final year student of the post-graduate programme in management at IIM-A.

"It is a fun way to learn about how stock exchanges function," said Rahul who alongwith two of his IIM-A colleagues Karthik Laxman and Siddharth Murlidharan, teamed up with Mitanshu Garg, a third year student of IIT-R to set up the project. 

The idea of the project was to popularise stock exchanges through cricket which most Indians understand and at the same time create a mechanism which will reflect the feelings of cricket fans about a particular cricketer, Roushan said.

"Here we have allocated stock prices to about 150 international cricketers who feature in the 15-member World Cup squads of the Test-playing nations," he said.


© Copyright 2007 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 Email this Article      Print this Article

© 2007 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback