PhonePe’s Share.Market Introduces ‘Sheets’ to Streamline Trading

Share.Market, a product by PhonePe, has introduced a new tool named Sheets to revolutionize the trading experience for market participants. Available on the web platform trade.share.market, Sheets empowers traders to import real-time market data into spreadsheets, enabling them to craft custom trading models and strategies without requiring programming skills.

Streamlining Market Analysis with Sheets

Sheets is designed to simplify how traders analyze market data. By integrating live data directly into spreadsheets, the tool helps users automate stock tracking and refine their decision-making process. The platform is aimed at enhancing efficiency and reducing errors in trading activities.

Key Features of Sheets

1. Watchlist Management

Traders can create and manage custom stock watchlists tailored to their specific preferences. These watchlists are automatically updated with real-time price changes and percentage fluctuations, offering users a streamlined way to monitor their selected stocks.

2. Real-Time Option Chain Data

One of the standout features of Sheets is its ability to provide live option chain data. This functionality allows traders to track market movements closely and craft intricate option strategies, including iron condors and straddles, which can help them navigate complex trading scenarios.

3. Strategy Building Capabilities

Sheets also supports traders in building and testing trading strategies. By combining historical data with live market subscriptions, the tool enables users to create dynamic crossover signals. This feature is particularly beneficial for those who wish to experiment with various strategies before applying them to live trades.

Enhancing Efficiency in Trading

Ujjwal Jain, CEO of Share.Market, emphasized the role of Sheets in automating stock tracking and improving strategy development. "Sheets will automate stock tracking and help traders develop strategies more efficiently, minimizing errors and improving decision-making," he noted. This statement underlines the platform’s potential to transform how traders approach market analysis.

Future Additions to Sheets

The tool is set to evolve further, with additional features planned for the coming months. These include a custom strategy builder and pre-built strategies that traders can seamlessly integrate into their existing templates. These enhancements are expected to cater to both novice and seasoned traders, ensuring a comprehensive trading experience.

Zero Brokerage Offer to Attract Investors

To encourage adoption, Share.Market is offering zero brokerage fees until March 31, 2025. This initiative is designed to appeal to a wide range of investors, from beginners to experienced market participants, making it an attractive platform for trading activities.

Conclusion: A Step Toward Smarter Trading

With the launch of Sheets, Share.Market aims to simplify trading for investors by providing powerful tools for data-driven decision-making. By combining features like real-time data integration, customizable strategies, and zero brokerage offers, Sheets positions itself as a valuable resource for anyone looking to optimize their trading performance. As additional features roll out, this tool promises to set a new standard for trading platforms in India.