Bharti Airtel, India's largest telecom operator, is the only outperformer on BSE Sensex on Wednesday with its shares rising over 2 per cent. Shares of the company were trading at Rs 393.75, up by 1.78 per cent or 6.90 points on Bombay Stock Exchange (BSE) at 2:58 pm. Triggered by selling pressure
Alpha, the first Greek alphabet, describes, among other things, stocks that give better-than-expected returns. The expected return is calculated on the basis of the stock's sensitivity to the benchmark (this is called beta). These stocks are arrived at after a complex statistical calculation that lay investors cannot do on their own.