Introduction to top gainers
Gainers are the stocks that tend to close with a higher price than what they opened with/their previous close price in an intraday market. If they are a part of any indices, the market indices shoot up. Conversely, when market indices are rising, the possibility of there being more gainers than losers is higher. NSE India publishes the top gainers and losers of the market categorically and updates it on a real time basis. They are expressed in absolute terms and percentage terms. The gainers are arranged in the list in a descending order.
Understanding Top Gainers
The further sub-classification of the everyday top gainers is necessary, and NSE manages it across all indices for more convenience. There are filters for stocks and other equity instruments, and also for futures and options trading. Nifty top gainers list is an important indicator of the stock’s future and the trends and waves it may morph into. Even their very place, category wise or sans, tells a lot more than just it’s favourable performance during the day. The top gainers list is available and listed everyday. This means that an investor can compare the performance of the daily gainers list and make a decision on what stocks to invest in. Top gainers, though marked independently on a daily basis, are inconclusive singularly. They need to be analysed in volumes because the movement of the stock price accounts to the trend pattern it may be showing. The price rise in the stock, when valued in volumes, can determine the trend defined by its movement. This movement is more reliable than blind speculation on the basis of a single day conclusion. Gainers and losers are collectively representative of the market direction and industry growth. This detail works into long term investing and decision making. The effect of gainers and losers on the indices greatly impacts the investing process of all investors alike. Zee, RCOM, Dewan Housing etc. were top losers (the opposite of gainers) in the older market, and they caved into losses.
Highlights of Top Gainers
They are updated on a real-time basis and can effectively summarize a great part of the intraday trading activity. Top gainers must be analysed collectively rather than singularly. Only taking into account a day’s worth of price change is not a good investing factor. Top gainers are arranged in descending order from top gainer to least gainer. Top losers are arranged in ascending order from top loser to least loser. In this context, top gainers resemble the rise in price for stocks. However, the concept of top gainers is also applicable to the cryptocurrency market. Top gainers also pave the market direction. The purchases are indicated by strong buy, buy, neutral, sell, strong sell.
