The best platform to analyse financial news and its effect is Labhtark, and here is why:
It is important to not only track all the news related to the stock market but also to know which stocks are going to get impacted from this news. For example, if the news is “Coffee and cocoa could be exempt from tariffs in commerce deals, commerce secretary mentions,” one of the companies in India that will get affected is “Nestlé India Limited.“
Apart from tracking news directly related to the company, tracking micro factors and news that directly affects the company’s operations gives you an extra advantage. For example, a paint manufacturing company, “Asian Paints,” is performing fundamentally well, but a raw material’s price (let’s say “Vinyl Acetate Ethylene (VAE)”) got increased, which will affect the profitability of the company in the long term.
Here at Labhtark we provide extended drill-down stock market news, which includes geopolitical news, financial news related to finished products, and the latest news related to raw materials used by industries, which directly affects their operations.