Discover reviews on "indian stock market api" based on Reddit discussions and experiences.
Last updated: October 16, 2024 at 05:56 AM
Summary of Reddit Comments on Indian Stock Market API
Paid Options for Real-Time Data
- NSE and BSE: The only solution for real-time data via API is to pay and get it from NSE and BSE as financial data is valuable and not freely given out.
- Broker APIs: Some brokers offer real-time data via APIs, with availability varying from being free to paid. Groww may not have an API for this purpose.
- Data-Only Providers: Various data-only providers offer APIs for a fee, with the need to manage a subscription and API keys.
Free and Paid APIs for Indian Stock Market Data
- Google Sheets: For personal use, the "googlefinance" function in Google Sheets can be used for free.
- DhanHQ: Provides free APIs for Indian stock market data.
- Zerodha: Offers an API but may require a payment of around 2k.
- RapidAPI: Offers the Indian Stock Exchange API for various data needs, including historical and live data, with separate fees possibly amounting to $50k to $100k a year. They also have their marketplace.
- Smart API: Provides historical data, real-time data streaming, order sending capabilities, and MTF support.
Other Tools and Methods
- Chartink: Used for swing/trading, with data scraped using Playwright.
- Scraping: To access free data, scraping may be necessary but such data is usually delayed by 15 minutes.
User Feedback on APIs
- Users have faced issues with rate limits on some APIs and mention the need to consider the cost based on data requirements.
Recommendations and Considerations
- Consider the nature of the project, data requirements, and frequency of data updates to choose a suitable API or method for accessing Indian stock market data.
- Evaluate the pros and cons of each API based on factors like cost, data availability, reliability, and ease of use.
By considering the various options and experiences shared by users, developers can make informed decisions on accessing Indian stock market data through APIs.