The Nifty Trading Lounge

[Taurus1]

European markets gathering speed.

Waiting for the US market. FAZ lost 6% during the last 2 days.

 

[Taurus1]

Rupee sinks to new low of 56.18 despite RBI 'intervention'
http://economictimes.indiatimes.com...ite-rbi-intervention/articleshow/13409026.cms

Rupee plunge: Losses double for FIIs in Indian stocks
http://economictimes.indiatimes.com...iis-in-indian-stocks/articleshow/13408948.cms

 

[vikrit]

................

Rupee plunge: Losses double for FIIs in Indian stocks
.................

how come FII at loss, when they are having 'huge' shorts in stock's future, and also have bought 'truck load' of PUT since start of fall??? they maybe having less profit in dollars but not loss.

 

[hotguy_nextdoor]

With rupee falling like 'there is no tomorrow' .... FIIs will have to shell out more Rs. to get the same dollar !

Assuming, FIIs pumped in millions when Rupee was at Rs. 50/- and if they pull out now, they will end up losing approx. 12% since rupee is now at Rs. 56/- and still falling !

now, you can do the math for millions of dollars FIIs invest !

how come FII at loss, when they are having 'huge' shorts in stock's future, and also have bought 'truck load' of PUT since start of fall???

 

[Taurus1]

Petrol prices hiked by Rs 7.50/litre with effect from midnight
http://economictimes.indiatimes.com...effect-from-midnight/articleshow/13410698.cms

Between the oil prices and Rupee sinking, we are getting forked royally.

 

[SavantGarde]

With rupee falling like 'there is no tomorrow' .... FIIs will have to shell out more Rs. to get the same dollar !

Assuming, FIIs pumped in millions when Rupee was at Rs. 50/- and if they pull out now, they will end up losing approx. 12% since rupee is now at Rs. 56/- and still falling !

now, you can do the math for millions of dollars FIIs invest !

Another way of looking...it is nice time to start bringing in the dollars... they get more rupees for investment and etc......!!!

 

[hotguy_nextdoor]

Hi Taurus!

what would be the effect on markets ! i mean ... from a historical standpoint how does the market react !

Petrol prices hiked by Rs 7.50/litre with effect from midnight
http://economictimes.indiatimes.com...effect-from-midnight/articleshow/13410698.cms

Between the oil prices and Rupee sinking, we are getting forked royally.

 

[hotguy_nextdoor]

yes, very true ... that the optimistic way of looking at this!

but are the FIIs optimistic now is a big ?

Another way of looking...it is nice time to start bringing in the dollars... they get more rupees for investment and etc......!!!

 

[Taurus1]

No idea about historical, but from a sentiment standpoint we are in deep sh!t. The petrol hike will impact the prices of everything.
Theres going to be a big uproar in Parliament tomorrow, this is the biggest hike ever.

 

[SavantGarde]

yes, very true ... that the optimistic way of looking at this!

but are the FIIs optimistic now is a big ?

Let us visit the question again in 12 months... whether they should have been optimistic or not....!!!