Day Trading Stocks & Futures

Already Indian oil sector is in mess due to wrong policy.
Just can't Imagine HPCL control is given to ONGC. GAIL is controlled by IOC. The exactly opposite marriages.
You may be surprised to know that ONGC is draining money as oil well owned by them are not profitable. Government is extract dividend making ONGC in non efficient company. Already OPAL is on loosing side.
 

travi

Well-Known Member
Does any one have idea regarding following
Aditya Birla Sun Life AMC has launched Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund, an open-ended scheme tracking the Nifty 50 Equal-Weight TR Index. The NFO opened on May 19, 2021, and will close on June 2, 2021.
Expert opinions welcome.
This is for the average Joe who diversifies portfolio by "investing" same type of fund in different AMC. so any different strategy will get sold just like contra fund, ethics fund(corp governance), green fund, hybrid/balance and so on. Now equal weight index fund as opposed to hold winners and cut losers.

But if you will tell the same guy about consistent performers with monopolistic type businesses, then those handful of stocks to buy and hold will not sound interesting. Bcos without Toofani feeling, like feels tasteless.
 
Then, what according to you is a better way to handle them?
Gas company should be handed to Gas company big player in this case ONGC . Oil company by bigger oil company's in this case its IOC.
I am from design engineering side O&G sector both types of products operations are different and different skills sets are required.
Govt has done exactly opposite.
 
बड़े बेआबरू होकर तेरे कूचे से हम निकले.
Same mistake will be committed by Govt of India by challenging Cairn in international arbitration court.
Already Cairn has won law suit more than 6 countries.
Supremecourt judgment was in favor of Cairn to nullify this finance ministry amended income tax particularly that clause with effete from 1961 ( may be exact year may be vary).
That's the reason why Vodafone is in fix. Their CEO announced exiting from Indian operations, but last minute firefighting efforts by Govt able to change the CEO decision.
If such kind of policy flip flop will deteriorating Foreign Investment.
5 Trillion $ Economy is elusive dream for now.
 

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