Day Trading Stocks & Futures

soft_trader

Well-Known Member
take care bhai. Was it road accident or you fell down at home ?
We all are with you and wish that you become healthy and fit as soon as possible. :up:
BTW leave market for some time and focus on physiotherapy etc , whatever suggested by doctors.
If 2019 has been bad to you , dont worry as New year 2020 soon to come.
I went to an apartment, unaware of doberman dog resides in the flat above. On the way of returning when I was at stairs, the dog came chasing down the stairs. While running I fell from the stairs.
 

travi

Well-Known Member
Profit booking will be there in coming days . 500-550 mein buy karna sahi rahega, jab bhi aaye niche :DD
ab tho maan na padega bhai, 730+ sustained. Price wont fizzle out so easily. 500 ?? hehe, 500 pe tho shayad ST baba bhi baithe honge :DD
they literally have monopoly on tickets sales commission of Railway. Many dealers/agents earn their livelihood from there alone.

On a lighter note, I think they make more money selling their water brand than airline companies profit :DD

Edit: My kali jubaan lag gayi, ab bhaag rahe hai sab udhar se :p
 

TraderRavi

low risk profile
Can someone please paste the contents of the following Bloomberg article? I have reached my weekly limit and cannot access it

https://www.bloomberg.com/news/arti...Q553WeI3j5uTv31y5b9exNIsgB-8uIWsRlHJOAbAg9dMU

World Bank Says India Faces Severe Slowdown, Cuts GDP Forecast
The World Bank cut India’s economic growth forecast by the most among South Asian nations on Sunday, below the outlook pegged by the nation’s central bank for this year, mainly because of a deceleration in domestic demand.


India’s gross domestic product growth is projected at 6% in the fiscal year started on April 1, compared with 7.5% forecast in April and 6.8% recorded a year earlier, the bank said in its latest South Asia Economic Focus report. Growth is expected to gradually recover to 6.9% in 2020-21 and to 7.2% in the following year, it said.



“India’s cyclical slowdown is severe,” the report said. The weakness is mostly due to a deceleration in local demand, according to the bank. “In such a weak economic environment, structural issues surface and the weak financial sector is becoming a drag on growth.”


Earlier this month, the Reserve Bank of India downgraded its economic growth projection by the biggest cut in its forecast in at least five years to 6.1% this year. GDP growth cooled for a fifth straight quarter to 5% in the three months ended June, at the slowest pace since March 2013.
Critical Situation
The critical situation demands decisive policy actions, and initial government steps point in the right direction, with the RBI embarking on an easing cycle and the government announcing a stimulus package recently, the World Bank report said. “All these measures will help to contain the downturn, but also raise concerns about fiscal space.”

“The main policy challenge is to address the sources of softening private consumption and the structural factors behind weak investment,” according to the report..
The main sources of risk include external shocks that result in tighter global financing conditions, and new defaults by non-banking financial companies triggering a fresh round of financial sector stress, the report said. To mitigate these risks, the authorities will need to ensure that there is adequate liquidity in the financial system, while strengthening the regulatory framework for NBFCs, it said.
The World Bank expects the South Asian economy to grow at 5.9% this year, lower by 1.1 percentage points from its April estimates. It also cut growth forecasts for Sri Lanka, Maldives and Bhutan, while raising those for Nepal and Bangladesh.
 

travi

Well-Known Member
These ppl seem to drops bombs at random. Current situation is nothing like the NBFC crisis of last year.
Had one bought that dip, today atleast pension worries would've been sorted out.

The World Bank cut India’s economic growth forecast by the most among South Asian nations on Sunday, below the outlook pegged by the nation’s central bank for this year, mainly because of a deceleration in domestic demand.
……...
The main sources of risk include external shocks that result in tighter global financing conditions, and new defaults by non-banking financial companies triggering a fresh round of financial sector stress, the report said. To mitigate these risks, the authorities will need to ensure that there is adequate liquidity in the financial system, while strengthening the regulatory framework for NBFCs, it said.
The World Bank expects the South Asian economy to grow at 5.9% this year, lower by 1.1 percentage points from its April estimates. It also cut growth forecasts for Sri Lanka, Maldives and Bhutan, while raising those for Nepal and Bangladesh.
 

siddhant4u

Well-Unknown Member
These ppl seem to drops bombs at random. Current situation is nothing like the NBFC crisis of last year.
Had one bought that dip, today atleast pension worries would've been sorted out.
world bank and other organisations are slow to predict (actually they 'predict' event after it happens)... 2008 crisis is clear example of their failures.
 

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