This terminal provides live streaming quotes for both NSE and BSE free. It also provides quotes for most of the indices and also the constituents/stocks of the indices in BSE and NSE. The terminal also provides live news and other market news, which might be useful for traders. The hardware recommended is minimum of 1 GB RAM.
It would be better if stock of any choice could be added ( market watch of a set of stocks ), which would be easier to track one's trading positions. Anyway, this is a better alternative for people who don't have access to any trading software, to view live action of the markets.
You could just try the same here at Moneycontrol Terminal