For investors looking to make informed stock market decisions, a stock screener is an essential tool. It allows users to filter stocks based on parameters like price, market cap, P/E ratio, dividend yield, and technical indicators. While a financial advisor in India can provide expert guidance, using a stock screener helps investors conduct independent research. Additionally, tools like a CAGR calculator assist in evaluating long-term stock returns.
Why Use a Stock Screener?
A stock screener helps investors:
✔ Identify undervalued stocks with strong fundamentals.
✔ Analyze technical indicators for short-term trades.
✔ Filter stocks based on personalized investment criteria.
✔ Save time by narrowing down thousands of stocks to a few potential picks.
Top 5 Free Stock Screeners for Indian Investors
1. Screener.in – Best for Fundamental Analysis
Screener.in is a powerful and user-friendly stock screener widely used by Indian investors for in-depth fundamental analysis.
👉 Key Features:
- Customizable filters for P/E ratio, ROE, market cap, etc.
- Provides financial statements, ratios, and historical data.
- Allows users to create custom stock screen templates.
🔹 Best For: Long-term investors focusing on fundamental analysis.
2. NSE India & BSE India Stock Screeners – Best for Beginners
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) offer free stock screeners with essential filtering options.
👉 Key Features:
- Basic fundamental and technical filters.
- Lists all stocks traded on NSE and BSE.
- Reliable and direct data from the stock exchanges.
🔹 Best For: Beginners looking for a simple and reliable stock screener.
3. Tickertape – Best for Comprehensive Insights
Tickertape offers a modern interface with powerful screening features, making it a favorite among retail investors.
👉 Key Features:
- Over 130+ screening filters.
- Provides detailed financial data, valuation metrics, and stock ratings.
- Integrated portfolio tracking and investment insights.
🔹 Best For: Investors who want a mix of fundamental and technical screening.
4. TradingView – Best for Technical Analysis
TradingView is one of the most popular screeners for traders, offering advanced charting and technical indicators.
👉 Key Features:
- Customizable technical indicators (RSI, MACD, Moving Averages, etc.).
- Real-time stock price updates.
- User-friendly interface with interactive charts.
🔹 Best For: Short-term traders and technical analysts.
5. Moneycontrol Stock Screener – Best for Quick Stock Comparisons
Moneycontrol provides an easy-to-use stock screener with pre-defined filters for quick analysis.
👉 Key Features:
- Filters for fundamental and technical indicators.
- Provides company news, expert opinions, and historical data.
- User-friendly interface for quick comparisons.
🔹 Best For: Investors who need a quick overview of stocks with key financial metrics.
Conclusion
Using a stock screener helps Indian investors find high-potential stocks based on data-driven insights. While a financial advisor in India can provide personalized recommendations, tools like Screener.in, Tickertape, and TradingView offer powerful free screening options. Additionally, pairing a stock screener with a CAGR calculator allows investors to assess long-term growth potential effectively