What does the event tag next to a stock on marketwatch or holding indicate?
An event alert is displayed on the market watch and holdings page when there is any scheduled event like a corporate action record date, financial results, or annual general meeting within the next 3 days. The event tag is also shown on the day following the event.
The event tag helps in staying aware of any information that can impact the price of the stock being traded or held. For indices, alerts are provided for macro events such as the RBI policy, inflation numbers, etc.
Kotak Bank has announced an earnings release that may impact the stock price, irrespective of the market conditions. Awareness of this important information can be valuable if one decides to trade Kotak Bank.
Where can one check the scheduled event?
1. Click on More and then on Fundamentals in the Marketwatch.
2. Track all stock-specific events in the popup window within the next three trading days.