Nifty : Real time discussions...!

[augubhai]

RBI = Reserve Bear of India...

Kind of agree with you from an investor's and businessman's perspective. But I feel RBI has done the right thing. Inflation is out of control. I am just shocked at some of the prices nowadays. Money is not worth anything nowadays.

 

[Wiz]

Kind of agree with you from an investor's and businessman's perspective. But I feel RBI has done the right thing. Inflation is out of control. I am just shocked at some of the prices nowadays. Money is not worth anything nowadays.

if only hiking rates could bring down inflation as they think

 

[Sunny1]

Kind of agree with you from an investor's and businessman's perspective. But I feel RBI has done the right thing. Inflation is out of control. I am just shocked at some of the prices nowadays. Money is not worth anything nowadays.

Does not matter. effect is neutralized because bank take loan from foreign banks.
big govn. projects take loan from foriegn banks. fdi is allowed in retail. etc etc. therefore inflation.

If they allow such huge money to flow in india than there is bound to inflation. specially banks and govn project should not be allowed to take loan.

 

[PGDIMES]

Kind of agree with you from an investor's and businessman's perspective. But I feel RBI has done the right thing. Inflation is out of control. I am just shocked at some of the prices nowadays. Money is not worth anything nowadays.

the way this decision was taken shows the high-handedness of the apex body... completely inconsistent... interest rate hike can't be the only solution to bring down inflation...

 

[galrani]

Taking some courage (or false bravado) to venture in longs. I am long NF @ 5590 SL 5580 Target 5615.

Lets see what happens
Cheers

 

[galrani]

Taking some courage (or false bravado) to venture in longs. I am long NF @ 5590 SL 5580 Target 5615.

Lets see what happens
Cheers

SL Hit in 4 minutes.....

 

[PGDIMES]

Does not matter. effect is neutralized because bank take loan from foreign banks.
big govn. projects take loan from foriegn banks. fdi is allowed in retail. etc etc. therefore inflation.

If they allow such huge money to flow in india than there is bound to inflation. specially banks and govn project should not be allowed to take loan.

Sunny,

completely disagree... the cost of borrowing from foreign institutions is very low compared to our internal cost of borrowing... so it's an advantage... the loans taken from ADB or other foreign institutions are at very low interest rate... if utilised properly, it could lead to a very prosperous India... but the political parties ruin this opportunity by... you know what... corruption... at every level...

the rise in inflation is not only due to the foreign borrowing... look at the pay hikes given to the govt. employees... even the IT/ITEs cos. as well as some other industries are also paying out good perks/incentives and all... so it was bound to happen... it would take a lot of time... for moderation in inflation... Moreover the avg. inflation of our country for the past 50 years was not less than 7%...

 

[PGDIMES]

Taking some courage (or false bravado) to venture in longs. I am long NF @ 5590 SL 5580 Target 5615.

Lets see what happens
Cheers

SL Hit in 4 minutes.....

It's good to see that you were not that brave at 5650... though I think many couldn't see that point while nifty was flowing down like the flooded Bramhaputra... :rofl:

 

[Sunny1]

Sunny,

completely disagree... the cost of borrowing from foreign institutions is very low compared to our internal cost of borrowing... so it's an advantage... the loans taken from ADB or other foreign institutions are at very low interest rate... if utilised properly, it could lead to a very prosperous India... but the political parties ruin this opportunity by... you know what... corruption... at every level...

the rise in inflation is not only due to the foreign borrowing... look at the pay hikes given to the govt. employees... even the IT/ITEs cos. as well as some other industries are also paying out good perks/incentives and all... so it was bound to happen... it would take a lot of time... for moderation in inflation... Moreover the avg. inflation of our country for the past 50 years was not less than 7%...

No. Bro. cost of borrowing is different matter.
If you borrow from outside the more money will come in india causing inflation and india has pay back with some interest.

if you issue bonds to public or borrow from india itslef( indian banks ). than money will not come in india but it will rotates its own money in its own country. money rotation will increase its efficiency . though borrowing cost will be high but it will not add up any inflation.

 

[galrani]

It's good to see that you were not that brave at 5650... though I think many couldn't see that point while nifty was flowing down like the flooded Bramhaputra... :rofl:

Hi PGDIMES

I was short from yessterday afternoon at around 5690.....Covered that and ventures (rather foolishly) to go long....maybe too much profits went to head...Anyway is is one of the many humbling lessons learnt in the course of futures trading...
Cheers