HRTI was a net seller in Easy Trip Planners, Infibeam Avenues and Vakrangee, and it was a net buyer in Coffee Day Enterprises on January 12. Easy Trip Planners ended lower, Infibeam shares hit a 52-week high and Vakrangee shares climbed to a near 11-month high. Coffee Day Enterprises rose sharply to hit a 52-week high
High-frequency trading firms (HTFs) – or algo firms on steroids –use complex algorithms and powerful computers to execute trades at lightning speeds. These firms typically try to capture the spread between the spot and futures prices, but recently they have been active in small, illiquid stocks as well. The volumes generated by them, more often than not, attracts retail investors to these stocks.
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Easy Trip Planners
HRTI net sold 14.86 lakh shares of the company
Stock movement and volumes: Fell 4 percent to Rs 49.65. Trading volumes at 12 crore shares versus 1-month average of 6 crore shares
Technicals: Stock is above 50-DMA and 200-DMA
HRTI net sold 16.95 lakh shares in the company
Stock movement and volumes: Gained 9 percent to Rs 26.55. Trading volumes at 34 crore shares versus 1-month average of 7 crore shares.
Technicals: Stock is above 50-DMA and 200-DMA
HRTI net sold 9.99 lakh shares in the company
Stock movement and volumes: Gained 4 percent to Rs 22.30. Trading volumes at 8 crore shares versus 1-month average of 4 crore shares
Technicals: Stock is above 50-DMA and 200-DMA
HRTI net bought 79,628 shares in the company
Stock movement and volumes: Gained 9 percent to Rs 66.40. Trading volumes at 2 crore shares versus 1-month average of 2 crore shares
Technicals: Stock is above 50-DMA and 200-DMA
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