Newsaction is a simple, mobile responsive & light-weight financial news aggregator engine and provides a single page overview to keep traders up-to date on latest happenings in financial markets. It brings realtime news from various business sources that makes sense for a trader/investor to take better trading/investing decisions.
Certain news headlines can have a major impact on the financial markets or on the individual stocks. Recent research from columbia business school says that
i)News can have a delayed response on market performance, with an impact felt one month to twelve months after an initial news report
ii)Financial and market news with positive sentiment predicted higher returns, lower volatility, and smaller drawdowns
iii)But government and corporate news with positive sentiment predicted lower returns, higher volatility and high drawdowns
Also the study found that news events seem to cause a greater same-day market reaction in developed markets than in emerging markets, perhaps because mature economies are more open and transparent and so news is disseminated faster.
However from trading standpoint news is a critical factor for day to day trade preparation, where one can filter out extremely sentimental news based trades as those are the ones which brings more edge to the trader/investor with greater volatile short term price movements.
Newsaction provides a simple search facility to filter out index/stock based/event based news sources which helps you to stay focused on the relevant news factors that you track.
Truly a best news aggregator which classifies the breaking news from all the major Indian business, finance, and market news sources for you to read, in one place.