Long unwinding occurs when investors sell positions or stocks they’ve held for a longer time, either to lock in profits or in anticipation of a downturn. During Tuesday’s trading session, five stocks experienced long unwinding.
Posts in category All News
Nifty settles above 24,200; Sensex gains 694 pts; VIX drops 4.08% (05-11-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex jumped 694.39 points or 0.88% to 79,476.63. The Nifty 50 index advanced 217.95 points or 0.91% to 24,213.30.
Why Sensex surged 1,200 pts from day’s low, Nifty topped 24,000 today? (05-11-2024)
The BSE Sensex climbed as much as 1,207.44 points, or 1.54 per cent, from the day’s low to reach a high of 79,504.14 before settling at 79,476.63
Indian Hotels, Coforge among 5 stocks with short covering (05-11-2024)
Short covering occurs when traders repurchase shares they had previously sold short, typically in response to changing market sentiment or new information.
Eco Recycling Limited (Ecoreco (05-11-2024)
Companies will generally engage in such activities when the picture is rosy. I would not be surprised if they go for a QIP/Pref
In itself its not a red flag but certainly dont get swayed by this
JSW Steel’s crude steel production at 22.81 lakh tonnes in Oct’24 (05-11-2024)
JSW Steel said that its crude steel production declined 1% to 22.81 lakh tonnes in October 2024 as compared with 23.12 lakh tonnes in October 2023.
Foreign investors to increase participation in NSE IX (05-11-2024)
Trading turnover on NSE IX has been witnessing an uptrend and this momentum is likely to continue thanks to the growing global interest in the overall India growth trajectory, MD and CEO of NSE International Clearing Neeraj Kulshrestha has said. Speaking at the Singapore Fintech Festival (SFF) on Monday Kulshrestha said foreign investors are likely to further increase their participation in GIFT City NIFTY.
Shakti Pumps – solar shakti (power)! (05-11-2024)
Feel free to go through the concall. I don’t think that the data supports your point with them getting 30% share (via farmer’s preference). In any case, I am only repeating what management is saying. I have no knowledge of the ground reality or I have done any channel checks.
Rupee holds ground on cenbank intervention as US election uncertainty looms (05-11-2024)
Foreign banks were spotted bidding for dollars, likely on behalf of custodial clients, while dollar offers from state-run banks kept a lid on the rupee’s losses, traders said
Infollion Research Services Ltd – Moated Microcap with Differentiated business? (05-11-2024)
I have been a user of both GLG and Infollion in my professional job and can give you my perspective
Pros
- Infollion is `30-50% cheaper compared to GLG for end clients like myself. This is driven by their lower take rates, lower cost structures, and lower cost paid to the end experts. The same expert is available both on Infollion and GLG will be paid lower per hour rate on Infollion
- Much more flexible in my requests and has lesser compliance overheads
Cons
- Infollion doesn’t have an international pool of experts. So if i need international perspective I have to go to GLG
Overall, Infollion wins primarily on price and I feel there is enough takers for that value proposition as the concept of expert networks gets further adopted in India. They can do more things to build deeper specialisation. There is limited scope for a new value player to come up and compete head-on with Infollion due to established network effects and reluctances of the customers to work with multiple vendors