The Indian stock market has gone through a tremendous re-rating and turmoil. Stock prices have nosedived and the pandemic has only made it worse.
In times like these, what would you make if promoters were buying their own stocks? The naysayers would look at it and say that the promoters were only trying to shore up their own stock prices. However, prudent investors would look at this as an opportunity for buying as promoters themselves feel that their stock is undervalued.
What if you had access to this buying or selling by the people in the know? Wouldn’t it signal an opportunity to buy or sell? Wouldn’t it be great to have a tool which could collate all this information and give it to you at one place?
Introducing the Insider trading tool from StockArchitect. This tool gleans through the different filings of promoters with the exchanges and also from different sources to arrive at a structured output for the stocks in which promoters have bought or sold. It displays the trends over the last 3 months, 6 months and 1 year.
Users can click on the name of the stock to get a detailed analysis of the trades that have taken place. Users also have the choice to click on the name of the promoter / investor / company and look at all deals executed by that individual / entity.
The data is updated on a real-time basis, as and when it is submitted to the exchanges.
We also have Stocks on the Radar – This is a list of stocks detected by Artificial Intelligence based algorithm where genuine buying from the promoters is happening.
The information is by no means a recommendation to buy or sell and should not be treated that way. Users are advised to make informed decisions and consult their financial advisors before making any investment decision. StockArchitect is not responsible for any gains or losses made by the users of the website in any manner.
The Insider Trading Tool is available for a small fee which is less than what one spends on one cup of tea. And there is a free 7 day trial period as well.
Visit https://stockarchitect.com/tools/insider_trading now and avail of the benefits.
After remaining range-bound for the most part of the session, benchmark indices turned highly volatile in the last hour of the trade on Friday with the indices briefly swinging into positive territory, before settling flat with negative bias. Except for metal stocks, selling was witnessed across the board.
The S&P BSE Sensex ended at 31,098, down 25 points or 0.08 per cent. Of 30 constituents, 20 declined and 10 advanced. Mahindra & Mahindra (down around 5 per cent) ended as the top loser on the index while telecom major Bharti Airtel (up nearly 3 per cent) was the biggest gainer.
ICICI Bank, Axis Bank, HDFC Bank, and Infosys contributed the most to the index’s loss.
On the NSE, Nifty ended at 9,137, down 6 points or 0.06 per cent.
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Benchmark indices once again failed to hold on to the day’s high levels on Friday and pared most of its gains at the end of the session, amid selling in financial, auto and metal stocks. However, oil-to-telecom behemoth Reliance Industries (RIL) and FMCG giant Hindustan Unilever (HUL) helped the indices to settle in the positive territory.
The S&P BSE Sensex ended at 31,642.70, up 199 points or 0.63 percent, with HUL (up nearly 5 percent) being the top gainer and NTPC (down nearly 4 percent) the biggest loser.
On the NSE, the benchmark Nifty ended at 9,251.50, up 52 points or 0.57 percent. Volatility index, India VIX, declined nearly 3.5 percent to 38.53 levels.
In the broader market, the S&P BSE MidCap index ended flat at 11,423.81 while the S&P BSE SmallCap index slipped 0.45 percent to 10,638.70 levels.
Shares of Cyient were locked in a 10% lower circuit on lower-than-expected Q4 results. A combined 2.65 million equity shares had changed hands on the counter and there were pending sell orders for around 82,000 shares on the NSE and BSE. The stock of the IT consulting and software firm was trading close to its 52-week low of Rs 200 touched on April 28, 2020.
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Indian equity market soared on Thursday, the last day of the futures & options (F&O) contracts of April series, as encouraging early results from a Covid-19 treatment trial boosted investor sentiment. Buying was witnessed across the board with stocks such as Tata Motors, Vedanta, and Hindalco leading the charge.
The S&P BSE Sensex rallied an impressive 997 points or 3 per cent to 33,718 levels. Of 30 constituents, 26 ended in the green and rest 4 in the red. ONGC (up over 13 per cent) emerged as the biggest gainer on the index, followed by HCL Tech (up 11 per cent), Hero MotoCorp (up 9 per cent), and NTPC (up 6 per cent).
On the contrary, Sun Pharma (down nearly 3 per cent) ended as the top loser. HUL, too, ended over 1.6 per cent lower at Rs 2,195.70 ahead of its March quarter results due later in the day.
Reliance Industries (RIL) stock ended nearly 3 per cent higher at Rs 1,467.05 apiece on the BSE. The company is slated to announce March quarter results and consider rights issue later in the day. Further, it has announced that it will reduce the salaries of some of its employees in the hydrocarbon division by 10 per cent in view of the “adverse impact” of the coronavirus pandemic on fuel demand.
NSE’s headline index Nifty surged 307 points or over 3 per cent to settle at 9,860.
On a weekly basis, Sensex zoomed 7.6 per cent and Nifty jumped 7.7 per cent.
In the broader market, the S&P BSE MidCap index rallied 1.46 per cent to 12,013 levels and the S&P BSE SmallCap index gained over 1 per cent to 11,102-mark.
On the sectoral front, metal stocks advanced the most with the Nifty Metal index surging 8 per cent to 1,859.90 levels. The Nifty Auto index was second on the list – up 6.45 per cent to 5,901 levels.
Markets were closed on Friday on account of Maharashtra Day.
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