General Trading Chat

[manoj2012]

Whether this news will boost banknifty ..... ??

OR

Market will not take is seriously (my consider is just another futile attempt to contain NPA ...??

Kshitij Anand
Moneycontrol News

RBI selects 12 accounts, accounting for 25% NPAs

Some of the large stressed accounts that could be a part of the 12 are Essar Steel with Rs 44,000 crore stressed assets, Bhushan Power (Rs 35,000 crore), Bhushan Steel (Rs 35,000 crore), Alok Industries (Rs 24,000 crore) and Electrosteel Steels (Rs 10,000 crore), according to a CNBC-TV18 report.

Stressed assets stocks like Videocon, Bhushan Steel and Electrosteel Steels fell more than 5 percent while Hexaware declined 4 percent on a media report that revenue from EY declined.

 

[princy01]

Whether this news will boost banknifty ..... ??

OR

Market will not take is seriously (my consider is just another futile attempt to contain NPA ...??

Kshitij Anand
Moneycontrol News

RBI selects 12 accounts, accounting for 25% NPAs

The Reserve Bank of India on Tuesday identified 12 non-performing accounts or assets (NPAs), totalling 25 percent of India's gross NPAs, which can be immediately taken up under the Insolvency and Bankruptcy Code (IBC).

An Internal Advisory Committee (IAC) comprising majorly of central bank's independent board members held its first meeting on June 12 to consider cases under the new IBC that was passed last year to resolve bad loans through the legal route.

Some of the large stressed accounts that could be a part of the 12 are Essar Steel with Rs 44,000 crore stressed assets, Bhushan Power (Rs 35,000 crore), Bhushan Steel (Rs 35,000 crore), Alok Industries (Rs 24,000 crore) and Electrosteel Steels (Rs 10,000 crore), according to a CNBC-TV18 report.

i have some alok industries bought at 13 rs , what this news means for it ??

 

[wisp]

Ed Seykota's WhipSaw song

https://www.youtube.com/watch?v=LiE1VgWdcQM

loved it! wow! so cool!

 

[checkmate7]

Can we know in bulk deal whether it was a buy or sell ???

 

[manoj2012]

i have some alok industries bought at 13 rs , what this news means for it ??

-ive .....

 

[manoj2012]

Can we know in bulk deal whether it was a buy or sell ???

..?? ....

every deal is buy as well as sell ....

else there is no deal ...order wont fil ...

 

[traderniftybull]

BNF
100 points move likely in next 1 hour
ltp 23377

didnt moved as anticipated,
may need more time

BNF moved in 25 points range only, in last 1 hour

 

[manoj2012]

=============

 

[ap*]

For some reason if the FED decides to hold rates and not hike it this time can expect a surge up in all emerging markets. Thats one factor not many people are looking at.

 

[manoj2012]

For some reason if the FED decides to hold rates and not hike it this time can expect a surge up in all emerging markets. Thats one factor not many people are looking at.

Ha Ha .....

but 25 points is taken for granted ......

markets only looking for commentary regarding future road map ...