Actually how the basket evolves over time depends on your trading strategy. I create a basket of stocks from a sector on the upmove and ones which are completing their bases and then add the winners and exit out from the laggards or losers. So the basket composition keeps changing over time.
Posts in category All News
Meet India’s Top Startup Founder-Investor (03-07-2024)
Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.
DCX Systems Ltd (03-07-2024)
Edited my post and removed the section.
Sensex sees third fastest 5,000-point gain in history to reach 80,000 mark (03-07-2024)
The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days
SKF India, Tata Power among 5 stocks to trade ex-dividend tomorrow (03-07-2024)
Investors rejoice as lucrative dividend opportunities await with Tide Water Oil Company (India) trading at around Rs 2,389.85 on BSE, declaring a generous dividend of Rs 20 per share for eligible shareholders on July 4.
IEX share price up 3% on strong Q1 update; electricity volumes jump 25% (03-07-2024)
The rise in the share price came after IEX announced a strong Q1 power market update
US Dollar Index Stays Defensive Ahead Of US Data; FOMC Minutes (03-07-2024)
The US dollar lacks luster during Asian hours on Wednesday with investors eyeing further course of action by the Federal Reserve following this weeks leads on monthly jobs report and FOMC minutes. US benchmark treasury yields and dollar pulled back following dovish remarks by Fed chair Powell. Powell stated on Tuesday that the US is progressively slowing, but more data is needed before cutting rates to confirm that recent lower inflation readings accurately reflect the economy. "We just want to understand that the levels that we're seeing are a true reading of underlying inflation," Powell said in a speech at a European Central Bank-sponsored central banking forum in Sintra, Portugal. Currently, dollar index futures are staying flat at 105.46 whereas 10-year yields are quoting at 4.4%. Meanwhile, JOLTS report showed US job openings rose to 8.140 million on the last day of May from Aprils downwardly revised figure of 7.092 million. Investors now look forward to the release of the FOMC
Stock market update: Stocks that hit 52-week lows on NSE (03-07-2024)
TCS, Hindalco, RIL, UltraTech Cem. and Tata Motors were among the top losers on NSE.
Heavy buying in banking, FMCG; Sensex gains 545 points (03-07-2024)
Among the Sensex pack, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank, Bharti Airtel and Nestle were the biggest gainers. Tata Consultancy Services, Sun Pharma, Infosys and Tata Motors were among the laggards.