Sat, Jun 29, 2024 10:45 AM
187 BSE500 stocks offer double digit returns as markets scaled new heights
A Flip by Avya Verma
Tredence, a data science and AI solutions provider, has promoted Rekha Nair to Chief Human Resources Officer (CHRO). Nair has 20 years of experience in consulting and has overseen 4X hiring growth, developing a workforce of 2,500 data scientists and engineers. Her new role will focus on upskilling, growth opportunities, and scaling training in data science and AI.
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Algorithmic trading provides a sophisticated solution for adapting to shifting market conditions. During bull runs, algorithms employ trend following, leveraged instruments, and momentum trading strategies to maximize gains. In bear markets, they use stop-loss orders, short selling, and delta-neutral strategies to mitigate risk. Market-neutral and arbitrage strategies are used in volatile markets.
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Sensex and Nifty surged on July 1, 2024, with Sensex up 424 points (0.54%) to 79,458 and Nifty rising 127 points (0.54%) to 24,137. The market saw 2,393 advances, 1,067 declines, and 122 unchanged shares. Top gainers included 📌Mahanagar Gas (+7.34%), 📌Persistent (+6.43%), and 📌L&T Finance (+5.05%), while top losers were 📌India Cements (-2.51%), 📌NTPC (-2.3%), and 📌Indian Hotels (-2.18%).
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