Day Trading Stocks & Futures

[moneymanager1980]

The Argentinian Stock Market Index "Mervel" crashed 39% in a single day. It crashed 48% in Dollar terms. This is what the carnage looks like. Markets are never to be underestimated.

View attachment 37044

REUTERS

The Argentine peso collapsed overnight, falling to 55.85 to the dollar, after voters snubbed Macri by giving the opposition a surprisingly bigger-than-expected victory in Sunday’s primary election.

 

[Riskyman]

Not all is bad in the Asian markets this morning after the US markets last night closed 1.2% down, Argentine Stock market crash & Yen becoming stronger.

 

[vivektrader]

RIL toh lena banta hai abb.

 

[Riskyman]

Results on August 13:
Glenmark Pharmaceuticals,
ONGC,
Sun Pharmaceutical,
Coal India,
Bharat Forge
Godrej Industries
IPCA Laboratories
Reliance Infrastructure,
Apollo Hospitals,

NHPC Q1: Consolidated profit rises 16.2 percent to Rs 989.3 crore versus Rs 851.7 crore, revenue climbs 12.5 percent to Rs 2,610 crore versus Rs 2,319.4 crore YoY.

BHEL Q1: Loss at Rs 217.7 crore against profit of Rs 40.7 crore, revenue falls 23.7 percent to Rs 4,532.5 crore versus Rs 5,942 crore YoY.

Future Consumer Q1: Loss at Rs 15.1 crore versus loss of Rs 6.1 crore, revenue rises 29.3 percent to Rs 1,048 crore versus Rs 810.9 crore YoY.

BPCL Q1: Profit falls 65.6 percent to Rs 1,075 crore versus Rs 3,124.9 crore, revenue rises 3.1 percent to Rs 76,318 crore versus Rs 73,990 crore QoQ.

SAIL Q1: Net profit down 87.3 percent at Rs 68.8 crore versus Rs 540.4 crore, revenue down 6.8 percent at Rs 14,820 crore versus Rs 15,907.2 crore, YoY

Oil India Q1: Consolidated profit at Rs 847.2 crore against loss of Rs 70.6 crore, revenue rises 9.2 percent to Rs 3,380.9 crore versus Rs 3,097.3 crore QoQ.

Sunteck Realty Q1: Consolidated net profit down 51.4 percent at Rs 33.2 crore versus Rs 68.25 crore, revenue down 17.3 percent at Rs 174.6 crore versus Rs 211.1 crore, YoY

Motherson Sumi Q1: Consolidated net profit down 25.2 percent at Rs 331.5 crore versus Rs 443.1 crore, revenue up 13.7 percent at Rs 16,792.5 crore versus Rs 14,775.5 crore, YoY

Divis Lab Q1: Consolidated net profit was up 1.8 percent at Rs 272.4 crore versus Rs 267.7 crore, revenue was up 16.8 percent at Rs 1,162.9 crore Rs 995.2 crore, YoY

NTPC Q1: Consolidated net profit was up 5.6 percent at Rs 2,840.3 crore versus Rs 2,689 crore, revenue was up 8 percent at Rs 25,931.1 crore versus Rs 24,013.2 crore, YoY

Hindustan Copper Q1: Consolidated net profit was down 47.4 percent at Rs 19.2 crore versus Rs 36.5 crore, revenue was down 27.2 percent at Rs 304.1 crore versus Rs 417.9 crore, YoY

Caplin Point Q1: Consolidated net profit up 34.2 percent at Rs 50.23 crore versus Rs 37.42 crore, revenue up 31.5 percent at Rs 192.6 crore versus Rs 146.5 crore, YoY

Balkrishna Industries Q1: Consolidated net profit was down 21.4 percent at Rs 176.8 crore versus Rs 225.1 crore, revenue was down 11 percent at Rs 1,198.9 crore versus Rs 1,347.6 crore, YoY

NIIT Q1: Consolidated net profit at Rs 1,090 crore versus Rs 17.9 crore, revenue was down 1.8 percent at Rs 210.3 crore versus Rs 214.2 crore, YoY



Saudi Aramco and Reliance Industries (RIL) sign a non-binding letter of intent to acquire a 20% stake in O2C division of RIL at an enterprise value of USD 75 billion

Reliance Jio Infocomm, a subsidiary of Reliance Industries and Microsoft Corp in alliance to accelerate digital transformation in India

Tata Motors: JLR July retail sales rose 5 percent to 37,945 units, Jaguar sales increased 3.6 percent to 11,386 units and Land Rover sales rose 5.6 percent to 26,559 units YoY. China sales saw a recovery in July.

Tata Motors: S&P took company off credit watch, saying Tata Motors' outlook negative on cash outflows, brexit.

 

[siddhant4u]

Has anyone dissected reliance deal yet? they are selling 20% of part of biz or Reliance itself? Part of biz means ril will get cash for spending on jio or ril retail. Ril means new infusion of shares?

 

[Riskyman]

Has anyone dissected reliance deal yet? they are selling 20% of part of biz or Reliance itself? Part of biz means ril will get cash for spending on jio or ril retail. Ril means new infusion of shares?

At the moment RIL means everything included i.e retail, Jio etc. 20% stake off loading is in Oil and Chemical business only.
BTW, RIL is up 6% in pre open.

 

[Riskyman]

We would have been at least 110-120 points down if RIL was not up 8%?

 

[iwillwin]

We are down on index because RIL is up today

 

[Smart_trade]

Growth trajectory of RIL looks good for next 3-5 years....new Jio services will add to the profitability. Deal with Saudi Aramco will help in reducing the debt burden.

Smart_trade

 

[Riskyman]

We are down on index because RIL is up today

How so? Market run out of money?