General Trading Chat

[vijkris]

Yes, we all should pay more and more taxes otherwise how they will arrange 3600 Crores for one statue ...

Ya, instead of that they could have spent that much money to buy biometric machines worth 2000 each and should have distributed it freely to small merchants for accepting aadhar based transaction.

 

[john302928]

looks like these people wont rest until all people die.If they reduce taxes, people participation will be more. if they increase taxes, then participation will be reduced and howcome these stupid politicians will make more taxes from traders. Traders are already risking their money to make returns. Howmuch more taxes do they still have to pay. I dont know if these policy makers atleast have 0.1% brain.

Looks like they will not stop until india is dead. God please save us from these brainless people!

Acha din for stock traders too

 

[TraderRavi]

Big bull Rakesh Jhunjhunwala loses magic touch in 2016

Most of Jhunjhunwala's long term bets such Aurobindo Pharma, Lupin and Titan have turned out to damp squibs in 2016. The two pharma companies have lost close to 20% during the year, while Titan too is down 9%. Meanwhile, the benchmark Sensex is up just 1% so far this year.

Jhunjhunwala, Report card Jhunjhunwala's end - 2016 Report Card
Industry observers say Jhunjhunwala is now focusing on buying a large chunk of equity in smaller companies like Geometric, Autoline Industries, Mandhana Retail and Delta Corporation. There are around eight companies in which Jhunjhunwala holds more than 10% stake.


http://www.business-standard.com/ar...tocks-witnesses-flat-2016-116121900914_1.html

 

[natjay]

Yes, we all should pay more and more taxes otherwise how they will arrange 3600 Crores for one statue ...

It's the season of election in Mumbai. The city goes to municipal polls in the next two months, so appeasing the linguistic masses tends to become the prominent political voice.

 

[BearsTruth]

Big bull Rakesh Jhunjhunwala loses magic touch in 2016

Most of Jhunjhunwala's long term bets such Aurobindo Pharma, Lupin and Titan have turned out to damp squibs in 2016. The two pharma companies have lost close to 20% during the year, while Titan too is down 9%. Meanwhile, the benchmark Sensex is up just 1% so far this year.

Jhunjhunwala, Report card Jhunjhunwala's end - 2016 Report Card
Industry observers say Jhunjhunwala is now focusing on buying a large chunk of equity in smaller companies like Geometric, Autoline Industries, Mandhana Retail and Delta Corporation. There are around eight companies in which Jhunjhunwala holds more than 10% stake.


http://www.business-standard.com/ar...tocks-witnesses-flat-2016-116121900914_1.html

Jhunjhunwala brought so many retail investors to market through his highly bullish views on India. Now both he and millions who followed his advise are paying the price. Market has barely given any return in the past two years. Who is responsible? Change in government doesn't mean change in fundamentals. Our economy was languishing three years ago, it is in same situation now as well.

 

[travi]

http://www.business-standard.com/ar...-from-market-participants-116122400410_1.html
higher taxes for traders

Even this might be having slab which I think is or might be fair.
For example upto 10L-20L Cap Gain is normal tax and above it tax slabs is ok.
That way the insiders and manipulators will be separated from the small traders.
Unless someone is compounding few Cr per annum and honestly contributes on TJ with open Trade tricks, I think very few are there. ST Sir and Co are exempted

 

[Rish]

Jhunjhunwala brought so many retail investors to market through his highly bullish views on India. Now both he and millions who followed his advise are paying the price. Market has barely given any return in the past two years. Who is responsible? Change in government doesn't mean change in fundamentals. Our economy was languishing three years ago, it is in same situation now as well.

We must understand......

Economy is based on cyclical pattern....not because of any Govt....no one can do anything if cyclical pattern changes.....whoever may be....

 

[travi]

Jhunjhunwala brought so many retail investors to market through his highly bullish views on India. Now both he and millions who followed his advise are paying the price. Market has barely given any return in the past two years. Who is responsible? Change in government doesn't mean change in fundamentals. Our economy was languishing three years ago, it is in same situation now as well.

If I may ask a simple question, is there a permanent Bear or a Bull? I mean lifetime.
Never will that Bear buy and never will that Bull short.

 

[BearsTruth]

We must understand......

Economy is based on cyclical pattern....not because of any Govt....no one can do anything if cyclical pattern changes.....whoever may be....

Government can do a lot actually if it wants to do. Reforms in right direction can kickstart the economy. In our economy demand has evaporated and not taking name of returning back. Government has to take many positive steps so that capex cycle starts again. China grew in double digits for 25 years, no reason why we cannot do the same. Our curse is our vision-less **** netas.

 

[BearsTruth]

If I may ask a simple question, is there a permanent Bear or a Bull? I mean lifetime.
Never will that Bear buy and never will that Bull short.

Jhunjhunwala is a perma bull. As for myself is concerned I'm not a perma bear, my bearish views have basis in facts and reasoning. The day India's core sectors start performing, demand gets picked up, there is general feel good factor in India I will cease to be bear that day. But all I see is No focus by this government on economy's fundamentals. They did nothing and wasted first two year honeymoon period. Now all they can do is tinkering and incrementalism - and when the public mood start to turn sour then the regressive, ill-thought step like demonetization.