Much like the last bell at school that marked the end of your school day, closing bell marks the end of the trading day. Traditionally, a bell is rung to mark the end of a trading session in a stock exchange. Some exchanges such as the New York Stock Exchange still follow the tradition.
In India, while there is no actual bell toll, a closing bell represents a summary of the day’s trading activities. The closing bell is essential for traders and investors as it gives them a bird’s eye view of the trading of the day, as well as a peek into what lies ahead.
What is the closing bell?
In trading terms, the closing bell refers to a report at the end of the trading session that gives you an assessment of the primary gainers and losers of the day. The report will provide you with details of any news about the gaining or losing stock that could have attributed to the day’s trend. It will also give you insights into developments in the sectors in which these primary gainers and losers belong.
You can get an overview of the opening price of these key stocks, their highs, lows as well as the last trading price. The closing bell report will also include insights from trading and investment experts on the trends of the day.
Our experts will analyse the day’s movements for you and help you understand the market’s behaviour. These experts will give you pointers on why the prices of stock fell deep. This will help you understand the trend and capitalise on it.
Through the closing bell report, you will also get a peek into the key global developments that lead to a change in market behaviour. The closing bell report will also help you understand how government policies, economical packages and statutory changes are likely to establish a mood for the next day’s trading.
If you are looking for the gist of what happened at the market today and what to expect tomorrow, click here to get the latest closing bell report.
Why is closing bell important?
The closing bell is an essential analytical tool for market watchers. It helps investors and traders stay up to date on the market as well as prepare ahead. Here’s why you should look out for the day’s closing bell:
1. It gives you an overview of the market’s dominant trends at a glance.
2. Experts tell you why the market behaved the way it did. Whether the trading session was dormant or volatile, closing bell gives you insights into the patterns.
3. If you are planning to invest in a particular stock, the closing bell helps you prepare.
4. If you don’t know where to start with your investment, closing bell points you to sectors that could help you reap benefits in short or long terms.
5. Get updates on global news that can impact your stocks. For example, a political face-off could affect trade or commodity prices in India.
Trading in India takes place during a set period as the BSE, and National Stock Exchange of India operate between 9 AM and 3:30 PM. The closing bell is prepared after 3:30 PM.
Analyse the closing bell report carefully and read between the lines to predict market trends. This concise report can hold the secret to better returns and a more diverse portfolio.