Day Trading Stocks & Futures

[siddhant4u]

Dabba Bazar roumers says Amit Shah was short selling for last few weeks!

 

[Self-employedTrader]

I think Modiji was visionary, regarding make in India campaign..

 

[sanju005ind]

Somehow @timepass bro is missing from past few days. I hope everything is alright.

 

[Smart_trade]

Increase in depreciation from 15% to 30 % on new vehicles,scrapping of one time registration tax will help in boosting demand for auto sector....Govt has given a signal that they are sensitive and responsive to current slowdown.Another very good step for increase in liquidity is that Govt.will clear all GST refunds in 30 days for SMEs...this will ease the liquidity crunch faced by them.....

On the whole within the fiscal constraints,a good effort by FM to help the economy to recover from slowdown and giving confidence....Surcharge removal on forein portfolio investors will bring back FII inflows in the market and economy....

Smart_trade

 

[siddhant4u]

Finvasia is offering zero brokerage, are they good?

 

[CougarTrader]

Increase in depreciation from 15% to 30 % on new vehicles,scrapping of one time registration tax will help in boosting demand for auto sector....Govt has given a signal that they are sensitive and responsive to current slowdown.Another very good step for increase in liquidity is that Govt.will clear all GST refunds in 30 days for SMEs...this will ease the liquidity crunch faced by them.....

On the whole within the fiscal constraints,a good effort by FM to help the economy to recover from slowdown and giving confidence....Surcharge removal on forein portfolio investors will bring back FII inflows in the market and economy....

Smart_trade

There was a statement made by FM during the Press Con, "Banks have the liquidity, and the NBFCs has the end clients". But then she announced injection of 70,000 Cr to PSBs to channel it to NBFCs. It was a bit contradictory for me to grasp. However, evidently there is liquidity crunch. To add to injury Kotak and his team still has no clue on how to raise 91,000 Cr for IL&FS.

Anyways good to see the pro-activeness of the Govt - the FMinistry is considerate. Market might rally during next week. However, Friday next week we will have GDP, Bank Loan Growth, Forex Reserve data coming out.

Also tired of US-China trade. When it will come to a conclusive end??? China is only lingering time until the next US presidential elections. And what else to expect, Trump has already warned that if he is not elected again, Markets will fall. This time around there is no good contender against him yet - what Tulsi??? Forget that!

As usual, everything is matter of time.....

 

[afin]

outlookindia.com

Solution for stalled home projects next week: FM


2 minutes


Solution for stalled home projects next week: FM
New Delhi, Aug 23 Holding out hope for distressed home buyers across the country, Finance Minister Nirmala Sitharaman Friday said that the government is working on a solution to get the stalled housing projects completed.
Announcing steps to boost the economy in a press meet here, the minister said that the measures for the distressed home buyers would be announced next week along with other steps.
The announcement comes days after the minister and Finance Ministry officials met stakeholders of the country''s real estate market, including developers, realty associations and home buyers.
In the meeting on August 11, liquidity problems and completion of stalled projects were discussed whereby the developers suggested the creation a stress fund for completion of stalled projects.
The home buyers'' association, Forum For People''s Collective Efforts (FPCE), in its letter to Sitharaman had said that the stalled projects can be solved with a stress fund of at least Rs 10,000 crore.
--

 

[Smart_trade]

There was a statement made by FM during the Press Con, "Banks have the liquidity, and the NBFCs has the end clients". But then she announced injection of 70,000 Cr to PSBs to channel it to NBFCs. It was a bit contradictory for me to grasp. However, evidently there is liquidity crunch. To add to injury Kotak and his team still has no clue on how to raise 91,000 Cr for IL&FS.

Anyways good to see the pro-activeness of the Govt - the FMinistry is considerate. Market might rally during next week. However, Friday next week we will have GDP, Bank Loan Growth, Forex Reserve data coming out.

Also tired of US-China trade. When it will come to a conclusive end??? China is only lingering time until the next US presidential elections. And what else to expect, Trump has already warned that if he is not elected again, Markets will fall. This time around there is no good contender against him yet - what Tulsi??? Forget that!

As usual, everything is matter of time.....

Banks have the liquidity but they are shy of lending to NBFC so Govt wants banks to route some liquidity through NBFCs to go to the end clients.

These decisions by the Govt are good decisions but we need to see if they bring back the confidence in corporates and industrial growth is back...Other headwinds like Trade wars,geo political issues,foreign exchange,FII pull out etc are still there and they are not going out in hurry....so this will be a good upmove but whether the market has finally bottomed is yet to be decided in my view....but use the upmove for making money and liquidate some positions accumulated in the fall....that is what is my plan for next week....

Smart_trade

 

[Self-employedTrader]

Banks have the liquidity but they are shy of lending to NBFC so Govt wants banks to route some liquidity through NBFCs to go to the end clients.

These decisions by the Govt are good decisions but we need to see if they bring back the confidence in corporates and industrial growth is back...Other headwinds like Trade wars,geo political issues,foreign exchange,FII pull out etc are still there and they are not going out in hurry....so this will be a good upmove but whether the market has finally bottomed is yet to be decided in my view....but use the upmove for making money and liquidate some positions accumulated in the fall....that is what is my plan for next week....

Smart_trade

I think auto sector may not be up again to previous highs unless EV make some revolution among people... banking sector i think may make consolidation after the upmove. But on the positive, IT sector may help, it's going to be a necessity in future... yesterday only Infosys' Narayana Murthy said India would gain 7% growth despite all these blood bath.

https://www.ndtv.com/business/naray...-narayana-murthy-2089235?amp=1&akamai-rum=off

 

[Self-employedTrader]

There are plenty of brilliant startups struggling because of many factors, policies, or even not having enough experience/knowledge... Entrepreneurs may start-up giving service of scaling up the struggling promising startups with their knowledge and experience, for a fee of course. This would help both as well, and the world in fact.. Currently govt doing this but not effective because of corruption maybe.