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All that you need to know about National Stock Market Competition 2024 (Virtual)
Regulations for Participants:
- Participants must be aged between 18 and 35 years old.
- Each participant will receive virtual Rs. 100,000 to invest in stocks listed on the NSE.
- Participants can freely buy and sell stocks multiple times within the competition period until they maintain a positive balance in their account.
- Short selling without purchasing the stock first will disqualify the participant from prizes or awards.
- Buying and selling activities are restricted to live trading hours, from 9:30 AM to 3:30 PM.
- Options, futures, and leverage are not permitted in the competition.
- The simulation prevents manipulation by restricting players from buying a stock if it hits the upper circuit or selling if it hits the lower circuit.
- Only transactions recorded in the NTC database will count towards the evaluation of portfolio equity.
- Final rankings will be based on each portfolio’s absolute return, with the highest return being declared the winner.
- The top 10 finalists will receive Special Recognition Certificates.
- If there are more than five participants from an institute, the top performer from that institute will receive a “Topper of the Institution” certificate.
- Any attempt to tamper with results will result in automatic disqualification.
- Disqualification may occur for participants who fail to comply with the regulations set by NTC.
- All rules and restrictions specified by NTC must be followed.
- Disqualified participants will not be reinstated and will not be eligible for certificates.
- NTC reserves the sole discretion in determining participant rankings.
- NTC may change competition rules at its discretion, with notification to all participants, and these changes will be binding.
- Participants must meet eligibility criteria to receive certificates.
- Participation certificates must be downloaded within 48 hours of result declaration.