General Trading Chat

Budget likely to be election budget as the forthcoming state elections (particularly UP) results are important for the Government.

Smart_trade
Gdmg Sir,

Hope you are recovering well. Best wishes.

Election budget means populist budget. Generally it is not considered good for market.

Regards
 
I feel Budget may be delayed by few minutes/hours
OR
May be presented after lunch.

and till then LS may be adjourned
 
Gdmg Sir,

Hope you are recovering well. Best wishes.

Election budget means populist budget. Generally it is not considered good for market.

Regards
So we will hear lot being done for the poor,kisan,shoshit,vanchit,peedit etc but at the same time Govt needs to kickstart growth and consumption.My view is that financial markets are not on top of the agenda for the Govt. Let us see how the Govt does the balancing act.

Smart_trade
 
fail to short nifty at 9.23 after that got freeze …
guys … answer sheet ….. want to copy :p
Never regret missing opportunity in trading or investing. Loss of opportunity is better than loss of money.

BTW you can short banknifty now as its near its morning or days high. Just with in 25 points from day high. Only if you still have same view and short. This is not my view or suggestion dost.
 
So we will hear lot being done for the poor,kisan,shoshit,vanchit,peedit etc but at the same time Govt needs to kickstart growth and consumption.My view is that financial markets are not on top of the agenda for the Govt. Let us see how the Govt does the balancing act.

Smart_trade
There is a demand to include stock market traders in "Peedit" catagory....peedit from STT,Stamp duty,Brokers terminals and internet malfunctioning,tax audit....:D

Smart_trade
 

travi

Well-Known Member
Budget will go ahead due to constitutional obligations as per speaker.
May E Ahmadji's Soul RIP.

Opposition politicizing over this.
 

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