General Trading Chat

[john302928]

There was a news that DHFL is defaulting so market plunged but management has clarified that they are not defaulting on commercial papers? I dont know what that means. what is commercial papers. if they are not defaulting on commercial papers then what they are defaulting on?
They also clarified that they dont have any exposure in IL&FS
https://www.livemint.com/Money/CSJo...Nifty-50-Sensex-Live-Nifty-Live-Yes-Bank.html

 

[primitivetrader]

There was a news that DHFL is defaulting so market plunged but management has clarified that they are not defaulting on commercial papers? I dont know what that means. what is commercial papers. if they are not defaulting on commercial papers then what they are defaulting on?
They also clarified that they dont have any exposure in IL&FS
https://www.livemint.com/Money/CSJo...Nifty-50-Sensex-Live-Nifty-Live-Yes-Bank.html

fear is a very strong emotion in stock market. it does not see logic and reasoning. but if you are astute trader you can make money on others fears on days like today.

 

[Novice30]

It's going to be 8.7% for the senior citizens for monthly scheme of post office.

Anyway, TV reminded us that today is the anniversary of the surgical strike.

I don't know what surgical strikers are being celebrated for, another 3 policemen abducted and killed today in Kashmir.

 

[timepass]

Let's see which stocks make it to F&O ban list on Monday.

 

[Dr. Jan Itor]

Did this fall have anything to do with the margins increase in F&O? Are people trimming their cash positions to make-up for the increased margins in F&O?

 

[john302928]

Did this fall have anything to do with the margins increase in F&O? Are people trimming their cash positions to make-up for the increased margins in F&O?

i doubt bro, i feel market might have reacted to DHFL news alone. because defaul in a finance company could trigger another lehman brothers story happened in 2008

 

[timepass]

i doubt bro, i feel market might have reacted to DHFL news alone. because defaul in a finance company could trigger another lehman brothers story happened in 2008

We have a desi Lehman in IL&FS debts.

 

[john302928]

Anyway, some people may be taking out the money because the bank FD rates are going up to 8% from 1st October. Maybe within 2-3 years the FDs will give 20% p.a. returns and no one will invest in share markets

Only Post office related small saving schemes interest have been increased and not for all Bank FDs For Banks, only the banks can initiate. Correct me if I am wrong

 

[contactmail86]

Today nifty down suddenly this could make a loss which occurs once in a while in the market.

 

[vikas2131]

Nifty