Saturday, December 06, 2025 | 01:51 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

How chatbots, data analytics technologies are transforming the stock market

Brokerage firms are aggressively investing in technologies, especially to cater to tech-savvy millennials with high disposable incomes, who are flocking to the stock market to create wealth

Technology, stock markets
premium

Debasis Mohapatra
Time was when Praveen Shirole went through a raft of recommendations from share broking houses or stayed glued to business channels on television to get ideas on how to play the stock market. Now, the Mumbai-based Shirole, who is in his early 30s and has been investing in equities for the last seven years, gets his queries answered by a chatbot, receives stock tips based on his interests, and places his trade orders through a mobile app.

“I’m receiving recommendations based on my interests. It seems someone is analysing my interest areas,” says Shriole. “For example, after this year’s Union Budget,