Zerodha CEO Nithin Kamath, in a social media post on X, on Monday, May 19, unveiled a newly revamped version of Kite's screener dashboard, which he said has now been made “much cooler”.
Kite Marketwatch is a feature of Zerodha's Kite trading platform, one of India's most popular online stock trading interfaces, that provides features like real-time monitoring, custom watchlist and market depth among others.
“We just revamped the Kite MarketWatch and made it much cooler,” Kamath said.
Custom groups and pre-built watchlists are some of the new features that Zerodha's Kite has unveiled, which would make it easier for retail investors to organise market tracking.
Kamath, in a blog post attached to his tweet, said that MarketWatch tends to get messier over time, as often traders and investors do not delete items from their watchlist and rather just keep adding new stocks and F&O contracts of interest.
"When you are keeping an eye on many instruments, scrolling through a long list becomes really hard. Even with multiple watchlists, finding and watching specific instruments is still a challenge. That’s exactly the problem we wanted to fix," Kamath said, explaining the rationale behind the new features in Kites MarketWatch.
The three main highlights of the new features unveiled under Kite MarketWatch are:
Explaining some of the features, Kamath said, “You can now create custom groups for instruments in your MarketWatch. You can group them based on strategies, themes, sectors, etc. For example, you can have a custom group with all the contracts required for an options strategy like an Iron Condor.”
Kamath further said that they have also added pre-built watchlists with all the stocks of broader indices, sector indices, and thematic indices like Bank Nifty.
Furthermore, Kite has made creating and managing watchlists easier. “You can press CTRL + Shift + K or click the Create/Manage Marketwatches icon to get started,” the blog post stated.
Lastly, the Zerodha CEO said, “You can now create 25 different watchlists with 250 stocks per watchlist.”
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