General Trading Chat

[vikas2131]

FII/FPI & DII Activity (CM) Date: 21st September 2018

FII / FPI : NET BUY(+) OF Rs. 760.70 Crores
DII : NET BUY(+) OF Rs. 497.03 Crores

who actually sold then ?

 

[TraderRavi]

FII/FPI & DII Activity (CM) Date: 21st September 2018

FII / FPI : NET BUY(+) OF Rs. 760.70 Crores
DII : NET BUY(+) OF Rs. 497.03 Crores

who actually sold then ?

headstrong007.

 

[sanju005ind]

headstrong007.

 

[vivektrader]

Biocon completed weekly sell 13 today.

Vivek

 

[Riskyman]

We have a desi Lehman in IL&FS debts.

Do you know what kind of paper these guys have sold? Short term? Long term?
Anything off hand you know?

 

[Riskyman]

India's IL&FS unable to meet interest payment obligations - From Reuters News feed.

NEW DELHI, Sept 21 (Reuters) - India's Infrastructure Leasing & Financial Services (IL&FS) ILFSL.UL was unable to service its obligations on interest payments on non-convertible debentures that were due on Friday, the company said in a statement.

The company was also unable to meet its obligations for a letter of credit payment to IDBI Bank IDBI.NS , which were due on Thursday, it said in a stock exchange filing.

In recent days, the company has also said it has been unable to service its commercial paper obligations. On Sept. 15 IL&FS told the exchanges that it had received "notices for delays and defaults" in servicing some inter-corporate deposits.

Separately on Friday, IL&FS said its managing director and chief executive had resigned.

 

[Riskyman]

Biocon completed weekly sell 13 today.

Vivek

Biocon also painting huge divergence on weekly. However, given weakness in over all markets and USD/INR depreciation, money will look to hide in quality Pharma and IT stocks. So Biocon may push higher from here. Just my thoughts.

 

[Riskyman]

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

FD returns at 20% means inflation at over 18%. Nifty will be at 2000 then

 

[Dr. Jan Itor]

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

True. I was thinking because cash (delivery) volumes were soaring but action in F&O was not that high. Btw DSP MF sold 300 cr worth of debt paper over two days in DHFL which probably triggered this panic.

 

[Blackhole]

headstrong007.

i thought u are the culprit....or tp.....

zerodha robbed me of the opputunity .....was dies to get in....missed the bus....