Day Trading Stocks & Futures

No, on the contrary in my view Indian Banking sector has cleaned up its NPA mess and now they are on the verge of posting good results. Liquidity crunch in NBFC will directly benefit Indian Banking sector. But buy good banking stocks from that sector and these companies will prosper in future.

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Just asking; many of companies are going bankrupt, lots of people becoming jobless each reducing revenue to their bank accounts, also many funds are bleeding... won't these all affect banking sector.
 
I have been trading and tracking SBI for many years and every time it went above Rs 300, it was meeting a selling pressure and came down to Rs 240 or less...this time it is holding steady above Rs 300 and that indicates better things to come for the stock.

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siddhant4u

Well-Unknown Member
Abhay Yadav, in his affidavit filed today, mentioned that he was not aware of the contents and allegations mentioned in the complaints or the petition.

"I now realise that such papers, affidavits, applications etc. were signed by me have been misused to file false complaints and petitions against Indiabulls with malafide intentions,” Yadav said


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Identity fraud? ya fir Dhua hai to Aag bhi hongi?
 
Just asking; many of companies are going bankrupt, lots of people becoming jobless each reducing revenue to their bank accounts, also many funds are bleeding... won't these all affect banking sector.
Which companies are going bankrupt ? only bad companies with doubtful management are suffering...companies like Reliance capital,Yes Bank,DHFL.....and that is market's way of weeding out bad companies...good companies like HDFC bank,Titan,Asian Paints are doing well and these will do better in future.Funds are bleeding if they have taken larger exposure to the companies in trouble.Small cap funds are lagging behind but that is how small cap works...it may give poor returns in 1-2 years but in 3 rd year it gives 80 % appreciation...it is never a linear returns....on a longer timeframe of 5-10 years these funds have outperformed the large cap funds.....but within those 5-10 years there are periods when large caps will outperform small caps and vice versa......

If our country has to move forward, the industrial growth has to improve, capex has to go up and that will make good banks stronger than what they are today.

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siddhant4u

Well-Unknown Member
all fmcg sales down.. including patanjali.. It was supposed to be fastest growing company

https://www.business-standard.com/a...-too-soon-sales-plunge-10-119061200123_1.html

2018 Patanjali's sales plunged 10 per cent to Rs 8,100 crores , according to its annual financial report.

And in the last fiscal year, it likely deteriorated further, say company sources and analysts. Provisional data indicated sales of just Rs 4,700 crores in the nine months to Dec. 31,
 
If our country has to move forward, the industrial growth has to improve, capex has to go up and that will make good banks stronger than what they are today.
I agree with you 100% sir. I think lots of small underperforming fintechs and banking companies will have to either dissolve or will get delisted, but surely the IT industry will revolutionize with coming of AI tech. Also food companies; needs to make a note of those, as there's going to be increase need for food processing in coming years, i think.
 

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