Press Release March 24, 2009
ICICIdirect.com launches stock market recommendation in Hindi
Mumbai, March 24, 2009: ICICIdirect.com today announced the launch of stock market recommendation in Hindi for its customers.
`Suprabhat?, the daily Hindi Stock Market report is a comprehensive two-page report which encapsulates highlights of daily technicals, daily derivatives and daily derivative strategy. The report is issued to ICICIdirect.com customers before the opening of market hours.
Speaking on the occasion, Mr Anup Bagchi, Executive Director, ICICI Securities Ltd. said, ?It has been our endeavour to increase the penetration level by enabling easy access and facilitating smooth trading through ICICIdirect.com and its services. Nine out of ten Indians prefer communications in languages other than English. We felt the need for localised reports among our customers and since Hindi is a common language, we have launched these free services which we believe will be extremely beneficial to them.?
Pioneers among the online trading websites, ICICIdirect.com today has 1.8 million customers. It also launched its first low bandwidth site to facilitate trading using new generation technology like GPRS phones and Data Cards to access the internet.
Four-time winner of the Outlook Money best e-brokerage award, ICICIdirect.com is one of the best trading products providers in the country. The portal provides valuable research reports covering over 170 companies and stock picks to its customers.
ICICI Securities is one of largest integrated securities firms in India covering the needs of corporate and retail customers through investment banking, institutional broking, retail broking and financial product distribution businesses. I-Sec has over 300 ICICIdirect Stores and employee strength of almost 3,000 people.
For further press queries please call Swapna Bhandarkar at 91-22-6637 7190 or e-mail: firstname.lastname@example.org.