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Can I Convert Intraday to Overnight?
How to Convert Intraday to Overnight Do your commitments keep you away from stock trading during the trading hours? Even so, you need not bother about it, take the alternative ways that enable you to participate in the stock trades. Yes, plan your trades outside the regular trading hours that are tRead more
How to Convert Intraday to Overnight
Do your commitments keep you away from stock trading during the trading hours? Even so, you need not bother about it, take the alternative ways that enable you to participate in the stock trades.
Yes, plan your trades outside the regular trading hours that are technically termed as after-market orders to make profit by investing into different security/asset segments of stocks.
The security/asset segments are equity stocks, equity derivatives, currency stocks, commodity stocks and so on.
In the below stated lines, you will get a brief:
Introduction of the overnight trading,
Procedure to book after-market-order overnight.
Overnight trading hours @NSE/BSE.
Benefits overnight trading.
Limitations of overnight trading.
Introduction of the Overnight Trading:
Overnight Trading’, is a period, where you can make a purchase of assets, or securities after the closure of the regular trading hours every day.
SEBI provides assurance to investors for the performance of overnight trading and you can trade stocks after the markets close, it begins from 03:40 pm and the night trading session is kept open till the next morning 08:59 am.
Procedure to Book after-market-order Overnight:
Till now, I have been saying that you can trade overnight if you are unable to participate in the daytime trading but here is another section of the investor community who take the advantage of Overnight trading.
They are regular traders who relook at the night trading sessions, here is the scenario, to justify it.
You may sense that there is likelihood of a positive trend in the stock prices in the next day’s session.
Incidentally, you may be unavailable to attend the regular trading sessions by 09:00 am then the best way is to sell the stocks you intend to, by placing after market order of open put.
Then, your AMO ( sell order) gets executed after the opening of the following day’s trading session.
Overnight trading hours @NSE/BSE
The entire stocking trading of India is contained at NSE ( New Delhi) & BSE (Mumbai). At both places, you can find equity trading, futures and options are performed and they adopt different trade timings.
For Equity Trading at BSE, the overnight trading hours begin at 03:45 pm and end by 08:59 am of the next day. While the overnight trading at NSE, begins at 03:45 pm and ends by 08:58 am of the next day.
For currency trading, the overnight trading hours are between 03:45 pm and 08:59 am of the next day at NSE/BSE.
10.For Futures and options ( F&O), the overnight trading hours begin at 03:45 pm and end by 9:10 am of the next day.
11.Benefits of Overnight Trading:
You can analyse the market dynamics through the day and react accordingly to informed decisions.
An overnight trade can enable you to make a profit by an increase in the stock price on the following day’s opening sessions of the markets.
The stock exchange provides an opportunity to modify/cancel your bought overnight order.
Limitations of Overnight Trading:
The overnight trading rules disallow the stop-loss order which is applicable in regular hour trading otherwise.
After market order, AMO will have to face two adverse impacts:
When the price gap shoot-up during the non market hours and the low liquidity levels.
The stock fluctuations that occur during the non regular trading hours for the reasons like the release of the company’s unimpressive economic data, or financial statement can cause a fall in the share prices that leads to the price gaps.
See lessCan I do Intraday Trading After 3 PM?
Intraday Trading Cut off Time Yes, you can do intraday after 3:00 pm and before I continue with the activities that trigger after 3:00 pm you must understand the working time schedule for Intraday trading. Time schedule for Intraday Trading: The stock market operates between 09:15 am and 03:30 pmRead more
Intraday Trading Cut off Time
Yes, you can do intraday after 3:00 pm and before I continue with the activities that trigger after 3:00 pm you must understand the working time schedule for Intraday trading.
Time schedule for Intraday Trading:
The stock market operates between 09:15 am and 03:30 pm (Indian Standard Time) and the operating clock cycle repeats from Monday to Friday.
Every day, the stock market runs three sessions namely pre-opening (09:00 am to 09:15 am), normal (09:15 am to 03:30 pm) & closing (3:30 pm to 04:00 pm)
Let us concentrate on your query, can I do intraday trading after 03:00 pm. Yes, you will have gone close to the post closing session that begins at 03:30 pm.
Points to Remember!
After 03:30 pm, the stock exchange never entertains selling/buying activities but other functionaries associated with the stock trading continue to perform.
The stock markets conduct two different activities, first, begins at 03:30 pm and lasts for 10 minutes, second, begins at 03:40 pm and lasts for next 20 minutes.
3.30 pm – 3.40 pm
To determine the closing price of the stock in a day, you will have to consider the securities that operate between 03:00 pm and 03:30 pm. Then, calculate the average price of those operated securities and they are Nifty, Sensex, S&P Auto, and so on.
Likewise to determine the closing price of the sector indices, you will have to adopt weighted average prices of the listed stocks .
3.40 pm – 4 pm
You are free to place an After Market Order, AMO, that means, you can bid for the next day’s trade after the closure of the stock markets at 3:30 pm.
The stock markets shall check for the buyers and sellers in this time and on their availability, the markets shall accept all bids.
The bids that are applied during this period are independent of the opening price of the following day, and such AMOs are dealt as per the agreed upon price.
You can benefit (profit) with the deals belonging to the agreed-upon price if the opening price is higher than the closing price.
If the closing price is higher than the opening price then you will be given an option to cancel your bid-agreement and the usual time allotted is between 09:00 am and 09:08 am.
You can execute your trade plan independently or approach a discount online stock broker for guidance. Here, you can depend on stock brokerages like Zerodha, Uptsox, Angle One Online Trading, ICICI bank, etc.
Auto square off timings :
You can hold the open intraday positions during the intraday trading but the positions will be automatically squared off by the zerodha risk management team.
If zerodha conducts auto square off for your stocks then it will charge you with INR 50 + 18% GST.
However, it is the clients responsibility to close the intraday positions within the stipulated time frame.
The stock markets have set a deadline for the auto square off the different operating securities. They are equity/cash (3:20pm) : equity derivatives (03:25 pm) : currency derivatives (4:45 pm) and for commodities (25 minutes before the closing bells ring)
See lessHow do I Select Intraday Stocks in 1 Minute
Intraday Stock Selection in 1 Minute You can select intraday stock in just 1 minute bearing in mind the 3 rules that are established by the stock experts in trading. Systematically follow these 3 rules to avoid confusion as they set a decent playground to level up your trade plan. Intraday tradingRead more
Intraday Stock Selection in 1 Minute
You can select intraday stock in just 1 minute bearing in mind the 3 rules that are established by the stock experts in trading.
Systematically follow these 3 rules to avoid confusion as they set a decent playground to level up your trade plan.
Intraday trading involves option buy and option put activity of a stock that should be completed in a single day.
Make a trade to make profits in small amounts during the price swings in the day trading.
3 Rules to Choose Intraday Stocks
However, follow these 3 rules that are established to benefit the intraday traders.
1. Choose Liquid Stocks
Liquid stocks characterize the voluminous buying and selling of the stocks. You can find a free flow of buying/selling process with the availability of high-volume stocks.
Buy stocks that possess a high liquid position otherwise your bought shares may not find buyers while you execute an option put in the trading day.
Calculate the liquid stock by the formulae made available, liquid stock = Average daily volume of a stock traded / market capitalization.
You must drop the plans of trading while the liquid stock ratio is less than 10 %.
2. Search for Volatile Stocks
Volatility of stock is the measure of the price fluctuations for a predetermined time frame.
In trading sessions, the stock price varies by 1% then it is called a volatile stock.
Identify the stocks experiencing at least 1% price variations then you can think over to place an option buying in your trade plan.
Invest in the multiple stocks that are interrelated in profile.
For instance, if you buy ONGC Ltd stocks belonging to the energy sector then other stock selection must be a chemical stock, extracted from the oil belonging to the chemical sector.
3. Follow the Market Trends
You regularly practice the art of analysing the candlestick chart patterns that deliver information on market trends.
It tells you whether you can enter to trade your chosen stock or backout, & stop your trade plan of the day.
Further analysis also helps you in knowing the entry/exit positions.
Adopt strategies that enable you to define the entry/exit positions in the day trading.
Making use of the moving averages technique in the candlestick chart can help you derive the best entry/exit position of your stock.
The breakout techniques adopt resistance and support levels to identify the best pullback entry/exit positions.
Consider the stocks whose business operations are in the news regularly.
Evaluate the performance of the sectors in the markets and then invest in them accordingly.
Make a selection of stocks that have voluminous buying and selling in trading, they should be visible in the derivative segment.
See lessMultibagger Penny Stocks for 2025
Top 5 Multibagger Penny Stocks for 2025 If you would like to invest in penny stocks, do some fundamental analysis before investing. I have picked out a few multibagger penny stocks that may give good returns in 2025. Buy and hold the shares at a low share price (ranging from INR 1.00 to INR 10.00) aRead more
Top 5 Multibagger Penny Stocks for 2025
If you would like to invest in penny stocks, do some fundamental analysis before investing. I have picked out a few multibagger penny stocks that may give good returns in 2025.
Buy and hold the shares at a low share price (ranging from INR 1.00 to INR 10.00) and sell them when it gives good returns.
Remember!
Not all penny stocks become multibagger stocks over time, only a few stocks operating get marked as fortune providers in the stock markets for you. Don’t you want to be…If so,
Below, you can get a detailed description of the company details & the investment strategy.
You can even make a note of the 5 multibagger stocks that can pay out rich dividends on your investments.
In nutshell, you can count on these five stocks for 2025 in India and they are:
Investment Strategy of the Multibagger Penny Stocks:
Make an investment in small amounts you can still obtain good volumes since the share price is very low from a few paise to few rupees.
Make your investment in at least 3 and above stocks. Plan to buy your chosen stocks in high volumes.
1. Kothari Sugars & Chemicals Ltd
Company Profile:
Kothari Group holds its subsidiary unit, Kothari Sugars & Chemicals Limited operates sugar mills at Kattur Village in Trichy district, Tamil Nadu and Sathamangalam village.
Business Verticals:
The company mainly operates in three sectors which are sugar, alcohol and power.
Financial Position:
Surpassing 3 yr Revenue CAGR:
The company has obtained an impressive annual revenue growth of 43.74% outperformed its 3 year CAGR of 19.86.
Employee & Interest Expenses:
Company has utilised 1% of the operating costs to make the payments of the interest expenses.
To make the employee cost by the year end March 31, 2023 the company has spent 5.46%.
Key Metrics:
PE Ratio : 11.58 | PB Ratio : 1.86 | Face Value : 10.00 | EPS – TTM : 4.46 | 52W H/L : 63.80/32.40 | Market Capital : 428.12 crore |
2. Indraprastha Medical Corporation Ltd
Company Profile:
A joint venture between Apollo Hospitals & Delhi government,
Indraprastha Medical Corporation Ltd was established in 1988, is currently a super speciality tertiary care hospital in New Delhi and constitutes 52 speciality departments.
Business Details:
Besides 52 special departments in Indraprastha Medical Corporation Ltd, the corporation has 754 beds and in the Noida sector, the branch has 46 beds and is categorised under Mama & Child care hospital.
Financial Position:
Surpassing 3 Yr Revenue CAGR
The company did obtain an annual revenue growth of 24.39% and it has outperformed the 3 yr- CAGR of 9.96%.
Employee & Interest Expenses
The company has paid out the interest expenses to the order of less than 1% of the operating revenue.
Further, it has spent 22.45 % against the employee cost in the year ending March 31, 2023.
Key Metrics:
PE Ratio : 16.16 | PB Ratio : 3.90 | Face Value : 10.00 | Market Capital : 1557.52 |
3. Saksoft Ltd
Established in 1999, Saksoft Ltd operates for businesses in the USA, and the UK, engages their clients by providing business intelligence, and information management solutions. The owner Mr. Autar Krishna, and Mr. Aditya Krishna does provide digital services to mid-tier companies.
Business Activities:
The company provides digital transformation solutions, such as application development testing, and quality control, cloud based solutions, and internet of things.
Financial Position:
Surpassing the 3-yr CAGR:
The company’s annual growth rate over the past three years is 22.75% and the current year 2022-2023 growth rate is 37.34% has outperformed for 3 years.
Employee & Interest Expense:
The company has spent to repay the interest expenses less than 1% of its operating costs.
It has spent 44.76% towards the employee cost in the year ending 2023.
Key Metrics:
PE Ratio : 44.09 |PB Ratio : 8.79 |Face Value : 1.00 |EPS TTM : 8.43 |Market Capital : 3,938.31 cr |
4. InfoBeans Technologies Ltd
InfoBeans Technologies provides digital solutions in software development services, business application development for web & mobile apps, and develops the capability maturity model integration for clients. In addition it develops product engineering software.
Business Activities:
The company promotes for their clients, the activities in IT-BPM industry, and Product engineering.
In the IT-BPM segment, it promotes services related to cloud, UX, Application modernization, packaged implementation, and enterprise mobility.
In the product engineering segment, it conducts robotic process automation, RPA, service now, content management, automation, and data transformation.
Financial Position:
Key Metrics:
PE ratio : 46.02 | PB ratio : 4.19 | Face Value : 10.00 | EPS : 8.96 |52W H/L : 580.10/399.80 |Market Capitalisation : 1001.34 cr |
Employee & Interest Expenses:
The company has spent 2.03 % of its operating revenues to make the payment of interest expenses and in the year ending March 31 2023, the company has spent 69.83% against the employee cost.
5. RPG Life Sciences Ltd:
Harsh Goenka heads the RPG Life Sciences Ltd, a part of the RPG group, the company operates in two specific segments, marketing of Finished Doges, and Active Pharmaceutical Ingredients, API, for the domestic/international markets.
The RPG group is diversified into several business areas like information technology, energy and plantations, tyres, and infrastructure.
Financial Position:
Key Metrics:
PE ratio (31.83) |PB ratio (6.76) |Face Value (INR 8.00) |Market Cap ( 2463.90crore)|
CAGR Comparison:
The company annual revenue growth (16.8 %) has outperformed its 3 year growth of CAGR (11.1%).
Employee and Interest Expenses:
Employee & Interest Expenses:
To cover up the interest expenses, the company has spent less than 1% of its operating cost.
Further, the company has spent 22.83% against employee cost in the year ending 31 March 2023.
See lessBest Stocks to Buy for Next 5 Years?
Best Stocks to Invest for the Next 5 Years I am unaware of your motive behind asking for the best stocks for long term investment, say 5 years. But let me tell you, it will enable you to obtain the advantages of purchasing stocks. The moment you buy a stock it will benefit you in parameters such asRead more
Best Stocks to Invest for the Next 5 Years
I am unaware of your motive behind asking for the best stocks for long term investment, say 5 years.
But let me tell you, it will enable you to obtain the advantages of purchasing stocks.
The moment you buy a stock it will benefit you in parameters such as compounding your investment, facing lower risks, obtaining higher returns, and enjoying the tax benefits.
In the below mentioned paragraphs, you can view a list of stocks that you can make option buying (purchasing) and wait for at least 5 years to execute option put (selling)
The list of the 5 best stocks do belong to the stocks operating in the markets of the NSE/BSE (India).
The prominent stocks you can purchase for a period of five years are Asian Paints (Chemical Industry), HDFC (Banking), ITC (Hospitality Services) , Divis (Active Pharmaceutical Ingredient Segment), & Zydus (Pharmaceuticals).
Best Stocks for Next 5 Years
1. Asian Paints (Chemical Industry)
Asian paints limited is the largest supplier of the domestic/commercial paints and it faced a loss of 500 bps in FY22 as an outcome of the material cost rise.
Since December 22 onwards, the performance graph took an upside movement and it represented a double-digit volume growth.
The company has forayed into the Automobile sector and the government of India has laid a higher capital expenditure on infrastructure. Further, the company is estimated to show continuous growth in FY24 also.
2. HDFC (Banking)
HDFC maintains its credit cost lower that helps to generate high operating profits.
The company shall make a huge profit that will create a high return on assets in FY24.
With an increase in capital expenditure the bank’s corporate loan shall steer up.
The retail loan segment will experience a good growth with a considerable rise in two-wheeler loans, personal loans, and credit cards thus projecting a projectile in the bank loan growth.
3. ITC (Hospitality Services)
High inflations and the attack of Covid did not deter the operating profit growth in FY21 & FY22.
To show the same or more growth performance in the coming 2 to 3 years the company has plans to invest 300 cr per annum.
This pumping in of the INR 300 cr invites for the capacity expansion, back-end strengthening and further investing in the key business to keep up the brand.
4. Divis (Active Pharmaceutical Ingredient Segment)
Divis holds a market share that includes 12 globally acclaimed pharmaceutical companies, and contributes a significant market share in the API industry.
The company manufactures Generic API, CustomSynthesis of API, and Intermediates in India.
Over the period, the company could operate with profits and project a consistent growth profile and maintain stable margins.
The company plans to expand to a size of US$20 million between FY 23-25.
5. Zydus (Pharmaceuticals)
Zydus runs their operations in the USA, India, Latin America, South America, and Europe.
The company plans for Generic pipeline which is claiming to be the largest.
7 percent of INR 3,435 is spent on R & D, and the highest spending to manufacture Generic pipeline is 9 million in FY23 is an investment in R&D, a strong investment.
See lessHow to Identify Multibagger Penny Stocks in India?
Identify the Next Multibagger Penny Stock You can easily identify the best multibagger penny stocks provided you follow the fundamental tips for it. Make an extensive research that includes the company’s fundamentals, financial performance, and observe the penny stock chart analysis. Make a keenRead more
Identify the Next Multibagger Penny Stock
You can easily identify the best multibagger penny stocks provided you follow the fundamental tips for it.
Make an extensive research that includes the company’s fundamentals, financial performance, and observe the penny stock chart analysis.
Make a keen note of the financial analysis, and judge the parameters like, RoE, RoCE, EPS, stock’s book value, and P/E ratio.
Keep an eye on the market psychology, equity analysis, and factors that enable the growth of the share prices, steadily or abruptly.
Penny stocks can lead to colossal failure therefore be prepared to lose money and to reduce the risk, make proper risk evaluation.
Check for Over-the-Counter trades for Penny Stocks:
You need to make a cautious study on the penny stocks for making a purchase of it. Many penny stocks go unrecognized for a couple of reasons, they hold limited exposure, most of the trading is undertaken over the counter, OTC.
Market Capital : Ranges between Micro cap and Small Cap
The size of the company’s capital can range from micro to small cap. It may be from INR 10 crore to INR 100 crore.
If you identify good penny stocks and make an early investment in the undervalued prospects then you are most likely to benefit from it.
Adopt Diversified Portfolio to Avoid Penny Trade Risks
Wild trade swings in the markets increase the potential risks and you are advised to adopt the diversified portfolio, a move towards risk management.
Portfolio diversification does control the impending losses because of high market volatility and the best practical ways to reduce losses to a considerable level is to invest your trading capital into different portfolios, such as, banking, power sectors, industry, etc.
Your investment into the penny trades can be up to 10 percent of the total trading capital.
Note:
As a beginner, you may require good guidance, and you can opt for social media, the best online platform for learning, and for learning the fundamentals you can grasp from the Penny Stock Youtubers.
For more sensitive information on Penny Stocks you can visit the official website of the National Stock Exchange
Try to get enrolled with discount stock brokerage companies and gather first hand information on all aspects of penny stocks before you enter into, after opening of the stock market bells.
Some of the leading stock brokers who are providing penny stocks advice can be found in Zerodha, Upstox, ICICI, Angel One – stock trading – zero brokerage on equity delivery.
Most of the brokerage companies ensure you in opening a demat service account for free.
See lessShould I Invest in Penny Stocks as a Beginner?
Must do Things Before Investing in Penny Stocks It is one of the highest risk zones for trading in the stock markets and it is mostly traded over the counter, OTC, which leads to concerns on its performance. Just browse the lines to gain complete information on the penny stocks. But in short, Is PenRead more
Must do Things Before Investing in Penny Stocks
It is one of the highest risk zones for trading in the stock markets and it is mostly traded over the counter, OTC, which leads to concerns on its performance. Just browse the lines to gain complete information on the penny stocks.
But in short, Is Penny Stock Good for Beginners.? No, beginners should never lay their hands on penny stocks. I do have a supporting reason to avoid penny stocks trading as a beginner.
Nature of Penny Stocks
First, let us check the features of Penny Stocks:
The penny stocks are cheaper for purchase and highly volatile stocks to select for investments.
No matter, you can buy penny stocks and make extreme short term gains. But contrarily, the same stocks get labeled as bad stock positions in long term investments.
SEBI’s regulatory system allows companies to disclose financials to a limited extent thus fraudulent companies move ahead to operate scams and entertain deceptive activities.
Another reason that makes the penny stocks unobserved is the majority of the penny trades route through over the counter, OTC transactions or electronic bulletin board system.
Penny stocks trade at a low cost per share, some may hold a low price of INR 0.50 per share. A low cost share does attract the attention of investors and many do invest to obtain huge volumes of shares at a little value of INR 100.00.
These penny stocks maintain upside potential like S&P 500 stocks, or Large-cap stocks.
And, it is possible that a stock of INR 0.10 paise can reap a profit of 1000 % or a short or medium term.
Or, you may witness the same share that is unable to touch INR 1.00 per share.
Therefore, it is this temptation of huge rise in share price for reasons of extreme volatility, traders tend to participate in penny trades. But, it is not advisable for a beginner.
Always remember, penny stocks do operate on the corporate news, rumors, market sentiments, and momentum and very less attention is paid on the company fundamentals. Hence, it becomes uncertain to detect the stock price after a particular time even by using the technical tools.
Summary:
Although the price per share is highly attractive, and the option call can enable you to hold huge volumes of stocks, experts suggest not to bang your head on the penny stock charts. Since, earning huge in penny stocks is a rare phenomena.
See less