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Hyundai Motor India Limited is set to launch its initial public offering (IPO) valued at about ₹27,000 crore, making it one of the largest IPOs in India's history. This move comes at a pivotal time for both Hyundai and the Indian automotive industry, as the sector experiences rapid changes driven by electric vehicle (EV) adoption, policy reforms, and dynamic consumer demand. The Indian automotive market is increasingly becoming competitive, with both domestic and international players vying for a piece of the growing pie, especially in the EV space.
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Spread is the difference between the bid (buying price) and the ask (selling price). By understanding what a spread trade is, you can evaluate your overall trade cost or profit. In spread trading, traders aim to exploit the price difference between two or more related assets listed on the exchange. These assets can be stocks, commodities, indices, and more. In this trading strategy, the trader tries to profit from, both, upward and downward price movement while minimising exposure to market risk. Read on to understand what is spread in trading, its types, benefits and more.
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