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Follow on Google News | Moneyvidya.com Launches New, Sophisticated Beta VersionFocus on quality recommendations for investors and Rs100, 000 cash prize to top analysts
By: Moneyvidya Technologies Ltd Besides tracking the performance of every pick made on its site, rating stock pickers (‘analysts’) Moneyvidya analysts are regularly being featured and can be found on moneycontrol.com. The average 5 star analyst on Moneyvidya.com has made 178 stock picks. He or she beats the nifty by +3% per month; in the last 30 days, our typical 5 star analysts has beaten the nifty by an average of +14.1%. Also, on an average, the non premium members, in the last 30 days, have managed to beat the market by 8.6%. moneyvidya.com is now giving a cash prize of Rs 100,000 to its top analysts: moneyvidya.com rewards its top Analysts not only by giving them recognition, but also by giving them cash. This has increased the competition for top spots and is ensuring quality results are consistently generated on the website. On June 1, 2010 our 5 Star rated analysts will share a pot of Rs. 100,000. As moneyvidya.com becomes more popular, we aim to increase the size and frequency of cash payouts to our top ten best analysts. About moneyvidya.com: All the analysts on moneyvidya.com are accountable for their opinions. Retail investors therefore, know whose opinions are worth following and whose should be ignored. Approximately 17,500 recommendations have been made on the site to date, out of which 20% have been made in the last 1 month! This number is growing at 20% per week since the last month. RSVP: Chaitanya Kumar, chaitanya@moneyvidya.com [9819699809] # # # About Moneyvidya: Moneyvidya.com is a Free Stock Recommendations portal for Indian investors and young analysts. We have recently launched a new interactive and user friendly beta version. To celebrate this success with our users, we will be distributing rewards to top performers, totalling worth Rs 100,000. End
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