Risk management is the crucial pillar of algorithmic trading. As the financial markets become more dynamic, even milliseconds matter in successful trade execution.In developed stock markets, over 80 to 85% of trades are facilitated through algo strategies. Speaking of India, this penetration stands at around 50 to 55% and will continue to grow further.Since algo trading depends hugely on quantity.
Open FlipMicrocap stock Nidhi Granites has given multifold returns to its investors in the last 1 year. The stock has skyrocketed around 333 percent in this period from ₹68.21 in April 2023 to currently trade at its record high ₹295.15. The stock also hit its 5 percent upper circuit for 7 straight sessions till April 30.This recent surge has led to the stock soar 404.5 percent from its 52-week low.
Open FlipEicher Motors Ltd on Wednesday said its arm VE Commercial Vehicles Ltd posted an 18.1 per cent year-on-year decline in total sales to 5,377 units in April 2024.VE Commercial Vehicles (VECV) -- a joint venture of the Volvo Group and Eicher Motors -- sold 6,567 units in April 2023, Eicher Motors said in a regulatory filing. April 2024 sales included 5,254 units of the Eicher brand.
Open Flip