General Trading Chat

[timepass]

Banknifty wants to retrace to 22400 levels, it seems

Yeah, that 22400 area will exert gravitational pull on banknifty

 

[timepass]

Guys, what is the face value of TaMo DVR ? rediff says that the face value is Rs. 10, but google says Rs. 2 (same as TaMo)

 

[timepass]

IDFC First Bank is in its zone..

 

[Dr. Jan Itor]

Guys, what is the face value of TaMo DVR ? rediff says that the face value is Rs. 10, but google says Rs. 2 (same as TaMo)

2

 

[Dr. Jan Itor]

Keep an eye...
Vodafone Idea board approves Rs 25,000 crore fund-raising plan
The crucial decision comes just days after the Supreme Court directed all telecom operators to pay 10 per cent of total adjusted gross revenue (AGR)-related dues this year, and rest of the payments in 10 instalments, starting from next fiscal year.

https://www.financialexpress.com/in...ves-rs-25000-crore-fund-raising-plan/2075231/

 

[Dr. Jan Itor]

‘Review appointments, curtail functions’: FinMin comes out with measures to rationalise non-priority expenditure
Earlier this week, the finance ministry had asked ministries / departments/ PSUs and public sector banks not to print calendars, diaries, greeting cards and schedulers in physical format henceforth.

https://www.financialexpress.com/ec...rationalise-non-priority-expenditure/2075180/

 

[Dr. Jan Itor]

FinMin directs govt-owned banks to invoke personal guarantees of defaulters
SBI takes lead in preparing list of all defaulters, including large corporations, whose firms are under bankruptcy proceedings

https://www.business-standard.com/a...-guarantees-of-defaulters-120090401324_1.html

Between

Moody's downgrades deposit ratings, credit assessment of four PSU banks
Says economic shock from Covid-19 may weaken borrower credit profiles and hurt their asset quality. outlook on ratings of all four is negative

https://www.business-standard.com/a...essment-of-four-psu-banks-120090401208_1.html

 

[siddhant4u]

‘Review appointments, curtail functions’: FinMin comes out with measures to rationalise non-priority expenditure
Earlier this week, the finance ministry had asked ministries / departments/ PSUs and public sector banks not to print calendars, diaries, greeting cards and schedulers in physical format henceforth.

https://www.financialexpress.com/ec...rationalise-non-priority-expenditure/2075180/

but will it not make MSEM's go bankrupt ? all little contracts to printing press will stop livelihood of many...

 

[Dr. Jan Itor]

but will it not make MSEM's go bankrupt ? all little contracts to printing press will stop livelihood of many...

Apne ko kya hai Siddhant sir... For us "sab changa see"...

Indian economy is heading for a K-shaped recovery and it won’t be a pretty sight
K-shaped recovery means the growing gap between ‘winners and losers’. An example in India is the stock market being healthy while millions have lost their jobs.

https://theprint.in/opinion/indian-...ecovery-and-it-wont-be-a-pretty-sight/496170/

 

[Dr. Jan Itor]

This is a hanging sword over the markets...

"Military and diplomatic talks on disengagement and de-escalation have not made headway since mid-July, and the statements following the meeting between the defence ministers do not reflect any significant progress in moving towards a resolution of the crisis in Ladakh where the situation remains tense. "
LAC talks: India insists on complete disengagement, China warns against lost territory
Responsibility entirely with India, says China; China violated agreements, understanding, says India

https://indianexpress.com/article/i...dispute-rajnath-singh-moscow-meeting-6584084/