Perplexity Finance has made a big move by launching in India, aiming to give everyone access to high-quality financial tools at no cost. This platform uses AI to simplify stock market research, helping both new and experienced investors get real-time data from the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Key Features of Perplexity Finance
The platform stands out by providing tools that were once hard to reach. It offers free access to live stock prices, market summaries, and cryptocurrency updates. Users can also get AI-generated insights on stocks and download historical data as Excel files.
- Free real-time BSE and NSE data, including prices and trading volumes
- Live transcripts of earnings calls for Indian companies
- Tools for tracking sectors, creating watchlists, and screening stocks with simple queries
- Crypto performance data from sources like Coinbase
- Easy analysis features that explain market trends without needing expert knowledge
This setup makes financial research straightforward and accessible.
Why This Launch Matters for Indian Investors
India's investor community is growing fast, with more people opening demat accounts each year. Perplexity Finance steps in by breaking down barriers to quality data, which used to require expensive subscriptions.
As noted by Jeff Grimes from Perplexity, much of this information was behind paywalls before. Now, it's free, which could help millions make better decisions. The platform has seen huge growth, with usage jumping eight times since spring 2024, especially in India where fintech is popular.
Real-World Benefits for Users
For those new to investing, Perplexity Finance makes things simple. You can ask questions like how to understand a stock's value and get clear answers with current data.
Experienced users gain from advanced options, such as detailed transcripts of company earnings calls and tools to screen stocks. This saves time and money compared to traditional services.
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Even content creators can use it to quickly find verified data for their work.
How It Stacks Up Against Traditional Options
| Feature | Traditional Platforms | Perplexity Finance |
|---|---|---|
| Real-time Data | Costs ₹5,000-50,000 per year | Free |
| Research Tools | Premium subscriptions required | AI-generated and accessible |
| Earnings Transcripts | Manual and limited | Live and searchable |
| Stock Screening | Complex setups | Natural language queries |
| Historical Data | Restricted access | Full exports as Excel |
This comparison shows how Perplexity Finance levels the playing field.
Challenges to Keep in Mind
While helpful, users should check data from multiple sources for accuracy. The platform's free model might raise questions about its future funding.
Looking Ahead
Perplexity is expanding, with plans for better alerts and more company coverage. Partnerships like the one with Bharti Airtel could reach even more people.
In the long run, this could reshape how Indians handle investments by making tools widely available.
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