Rediff.com introduces Stocks & Mutual Funds tracking with watchlist in Rediff MoneyWiz

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afaqs! news bureau
New Update

Media News

Mumbai, July 16, 2008

Rediff MoneyWiz, the fast-growing, personal finance service from Rediff.com (NASDAQ: REDF), today announced the introduction of ‘My Watch List’ feature that assists users with tracking their short listed Stocks and Mutual Funds.

The new feature provides users with a summary of Stocks and Mutual Funds that they wish to track, with details of stock movement at current price, previous close, change, and a 52-week high/low. While the feature does not require that users have a Portfolio account, they can transfer Stocks and Mutual Funds from the Watch List to a new Portfolio with ease.

The service also offers users to set up email alerts for Stocks and Mutual Funds in their Watch List. An alert is triggered when the price/NAV of a Stock or Mutual Fund crosses an upper or lower bound set by the user, and is delivered directly to his/her Inbox.

Every Stock or Mutual Fund listed on the MoneyWiz website can be added rapidly to the user’s Watch List or Portfolio by clicking on add to mywatchlist icon.

The Watch List offers the same intuitive and efficient user experience that is the hallmark of the Rediff MoneyWiz service. WatchList users can also benefit from the fast, near-real time market data feed that Rediff MoneyWiz provides across its site.

“My Watch List” can be found on Rediff MoneyWiz at: http://money.rediff.com/

For further information, please contact:

Rediff.com India Limited

Gaurav Bhaskar

Head- Corporate Communications

Tel: +91 (22) 24449144

Email: gauravb@rediff.co.in

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