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Hot Stocks of the Day, Stock Market News Updates

How do you keep a tab on the hot stocks of the day? Firstly, what do we understand when we say Hot Stocks of the Day? Quite obviously, they refer to stocks that are in the limelight for a variety of reasons. Most likely, they have received a large order or they have announced stellar results or some big investor is buying the stock or perhaps a strike at its plant has been called off. During the day there is a virtual deluge of news and trading cues. How to you keep a tab on the stocks that really matter? After all, stock market news updates are the key. But more important than that is the fact that such news has to be curated and correlated to stock price performance…

Hot Stocks of the Day at LKP Securities…

As part of its stock market news updates, LKP Securities has a dedicated page for Hot Stocks of the Day. The page focuses on important news, announcements, trading cues, key analytics etc about a company that could have an impact on the performance of the company and also on its stock price. While the Hot Stocks cannot be taken as a recommendation directly, it is a good starting point for you to look deeper into a particular stock. Hot stocks could be from the large cap space or the mid cap and small cap space. The big advantage of the Hot Stocks page is that it is as current and real-time as possible. It considers news on a real time basis, curates the content and focus on news that could have a bearing on the price and could be actionable inputs.

How you need to use the Hot Stocks page on LKP Securities…

While the page helps you to identify the most happening stocks in the news there are some basic checks and balances that you need to follow before you start using this data…

  • Hot stocks are not a recommendation and they are covered only because there is some news point on the stock that could have implications for the price of the stock. Hot stocks should not be treated as a signal of likely positive movement of the stock price. Proper due diligence is required before taking an investment view.
  • For traders, the big challenge is to identify a small universe of stocks to focus on. That is where hot stocks are useful. By narrowing your search to a handful of stocks that are in the news, traders can then apply technical charts and graphic tools to check the levels for buying or selling the particular stock.
  • Investors can use the Hot Stocks in two ways. Firstly, this could be a trigger for you to start looking at a company in a bottom-up manner. Secondly, if you browse through the list of hot stocks list of the last few days, you could gather some distinct industry level trend that is emerging. That could be the key take-away for you as an investor.
    Hot stocks are a good starting point for traders and for investors.

Hot Stocks

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