Opening Bell in NSE BSE, Stock Market News Updates
For traders, the term opening bell has a familiar ring to it. Across the world,
the opening bell marks the beginning of the trading day at the stock exchange. The
Opening Bell in NSE BSE is at around 9 am but the actual trading begins 15 minutes
after that. As a trader your primary concern is to be prepared with requisite information
and intelligence ahead of the market opening. You need to get a colour of the market,
understand the stocks to focus, read up the news that matter and also check all
the relevant stock market news updates. There is a simpler way to do all these things
and that is to read the Opening Bell report brought out daily by LKP Securities…
Opening Bell by LKP Securities…
As the name suggests, Opening Bell is the pre-market report that is up on the website
before the market opens at 9 am. As a trader or even as an investor here are 5 key
things that the Opening Bell report of LKP Securities covers for you…
- There is a global macro view because in the current context markets
are highly inter-related. The SGX Nifty in Singapore does take its cues from the
US, European and Asian markets and that gets transmitted to NSE Nifty. That is why
global cues matter.
- Then of course there are the domestic macros. Major announcement
of economic reforms, key legislative changes, changes in inflation and trade data
all have a bearing on the equity markets. The report also covers the impact of key
macros in detail.
- Then we come to the index view. Not just for Nifty and Sensex traders,
but even for buyers of stocks the index level is important. More traders and investors
are willing to participate in the market when the market levels are buoyant than
when the markets are weak.
- The fourth point covered in the report is the trading plan. Your
trading plan will largely depend on the colour of the market and will differ based
on whether the market is likely to be moderately bullish or moderately bearish or
- Lastly, there will be some sector and stock-specific cues that will
arise from the combined flow of news and data. The report also captures these trends.
Opening Bell is more of a starting point for you…
The Opening Bell at LKP Securities does not dwell too deep on specific stocks, technical
levels etc. Those factors will become more relevant once trading commences and the
colour of specific stocks emerges gradually. Hence the Opening Bell is focused more
on broad macro level cues and that can be used as a trading start.