BSE Stock Screener – Screens well and decides for your investment

Indian stock market is one of the most volatile markets across the globe. Sometimes, it becomes very difficult to choose between the companies where you should invest. We have a lot of experienced and expert stockists who share their expert comments with the general public. However, the biggest question that arises is, how much are these comments reliable for someone to invest their money? Also, won't it be much safer to have an automated service or software which will help us to select a company for share trading?

The answer to above question is "Yes”, there is a tool which helps you to select a stock for investment. "Stock Screener” is the name of the tool which helps the investor to filter stocks based on performance. For making use of this tool, you need to enter certain criteria of your choice in the tool and based on the inputs; it will screen and suggest you a stock to invest.

Bombay stock exchange (BSE) also has now launched the BSE stock screener to help the investors in investing their money. BSE has its own little stock screener in the market. A small demo on how BSE stock screener works is given below:

- Select the group of the stock

- You will need the following things handy:

• Closed price of the share

• Market Capitalization

• Earnings per share

• Price Earnings (PE)

- Once you enter the above criteria’s, you need to click submit and then you will get the suggestions by BSE for investment in the stock.

Next, this tool acts as a key for many NRI's who trade in Indian markets. Since they do not stay here, they do not have time for research in Indian stocks. With the help of this tool, they just enter the above criterions and get to know the best stock for investment. Their bank NRI account is affiliated with their Demat account through which funds are transferred and they invest their money in the Indian stocks. It has become easier for the brokers to deal with the NRI's due to so many easy methods of transferring funds.

Additionally, in India we have many other investments policies for NRI’s. Apart from the stock investment, they can invest in various Fixed Deposit Schemes; again with the help of their bank NRI account. They get a very good rate of interest in the NRI Fixed Deposit Scheme and along with the interest, loans up to Rs.100 lakhs can be granted to them against these fixed deposits as per RBI Guidelines.