Virtual Stock Market game - A good way to understand the actual Stock Market
My Friend Mitanshu Garg, a IITR student, has developed this wonderful game - a hands on experience of stock market trading. I found it very good and closer to the actual market.
http://stock.mitanshu.com - A Virtual Stock Market Game
Within one month of launch, the site has attracted over 175 visitors from IIMs, IITs and even EU.
Hope this game will increase your understanding of the trading dynamics before you actually start playing with stocks!