Zerodha is Indias largest discount broker in terms of the trading volume. Here you can create your own wishlist on the Kite application. The kite application is the trading terminal provided by Zerodha which is free to all its clients. The following steps can be followed to add the stocks to your watchlist.
Zerodha is India’s largest stockbroker which was formed in 2010 by Nikhil Kamath along with his older brother Nithin Kamath. Zerodha is India’s largest discount broker in terms of buying and selling volume.
Kite by Zerodha is the trading platform that Zerodha provides to all its clients for executing their trades. Kite is one of the fastest, modern and most elegant trading platform claimed by Zerodha. Zerodha provides the access to Kite to every client at no additional cost. An individual who has an account with Zerodha can use Kite for Free.
Nifty 50 is an Index comprising of the top 50 companies listed on the NSE (National Stock Exchange) in terms of market cap. These 50 stocks are chosen from various sectors of the 1600 stocks listed on the NSE. Therefore the composition of this index is rebalanced frequently according to the market capitalization of companies. The weightage of each company is based on the free-float market cap.
Some current Nifty 50 companies and their sectors
To add the stocks in the Web Application
To add the Nifty50 stocks in the Web application of Kite, the same above steps have to be followed.
The only difference is the layout of the wishlist in the Desktop application.
By following the above-mentioned steps, you can create your own watchlist. You can view all the Nifty 50 stocks in one place conveniently with the Kite application. The same process can be followed to add other stocks from various indices, for example, “Sensex” or “BankNifty”.
Currently, there are no derivative tools available to trade in Nifty IT. However, you can trade options of Nifty and BankNifty. You can trade in weekly as well as monthly Options and Futures of either of them. Also if you wish to take exposure in the Nifty IT index indirectly, you can buy Options of individual IT stocks of the NiftyIT like TCS, Infosys, Tech Mahindra, etc.
How Nifty IT option trading can be done in zerodha?
There is no automated method in Zerodha to include all the Nifty 50 stocks on a watchlist. You will have to manually add each of the 50 stocks in a separate watchlist one by one. You will have to make a list of all the stocks present in a particular index and then add the consequently.