Event Based Option Trading

[timepass]

Some more good news from index heavyweights, let's see how it offsets the global negative cues.

Bajaj Auto beats street as other income helps Q2 net up 2%​

.

UltraTech Q2 net almost doubles, warns on costs​

.

.

Ultratech Stock Rating Reaffirmed by Canaccord Genuity (UTEK) ​

 

[bkb]

Escalating situation between Israel and Hamas.

http://www.reuters.com/article/2012/11/17/us-palestinians-israel-hamas-idUSBRE8AD0WP20121117

 

[kiranjakka]

Why Mulayam may be preparing for mid-term polls in 2013

PARLIMENT SECESSION MAY START ON 22 AND IT WOULD BE INTERESTING TO SEE HOW CAN CONGRESS GOVT CAN FACE NO CONFIDENCE MOTION AT THAT PERIOD ANY HOW I THINK POLLS WILL COME EARLY AND I HAVE POSITIONED MY SELF WITH SOME LONG PUT SINCE FEW DAYS

 

[timepass]

Why Mulayam may be preparing for mid-term polls in 2013

PARLIMENT SECESSION MAY START ON 22 AND IT WOULD BE INTERESTING TO SEE HOW CAN CONGRESS GOVT CAN FACE NO CONFIDENCE MOTION AT THAT PERIOD ANY HOW I THINK POLLS WILL COME EARLY AND I HAVE POSITIONED MY SELF WITH SOME LONG PUT SINCE FEW DAYS

About that no-confidence motion, it is a two-edged sword being wielded by Mamata Banerjee. She wants to bring it on the issue of FDI in retail. Also, she has to gather 60 votes to simply bring about the motion. If BJP supports this motion on the FDI in retail agenda, then they may be digging a hole for themselves in future. Maybe they can persuade Mamata to change the issue to corruption or something.

 

[timepass]

Fitch affirms default rating for 4 top PSU banks

Rating agency also downgrades Canara's viability rating one notch
Press Trust of India / Mumbai Nov 22, 2012, 16:43 IST

Fitch Ratings has affirmed India's four largest public-sector banks and one subsidiary bank at Long-Term Issuer Default Rating (IDR) 'BBB-'.

The banks are State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB), Canara Bank (Canara) and Bank of Baroda New Zealand (BOB NZ). The Outlook on the IDRs is Negative, which mirrors India's rating Outlook.

The agency has also downgraded Canara's Viability Rating (VR) by one notch to 'bb+' while affirming that of SBI , PNB and BOB at 'bbb-'.
http://www.business-standard.com/in...-default-rating-for-4-top-psu-banks/196879/on

 

[megapixel]

SBI capital infusion ...

Banking Secretary said the State Bank of India would get funds under capital infusion plan. "We will announce capital infusion plan for PSU banks this week," he added. According to him, the government is also considering the option of rights issue by PSU banks. The stock was up 1.76 percent.

source: http://www.moneycontrol.com/news/lo...-sbi-gainslikely-capital-infusion_785887.html

 

[megapixel]

holding SBI 2100 [email protected] ....its fallen to 66.90 now on Friday.

waiting for the Banking Secretary's announcement this week....I hope this might trigger a surge this week.

 

[kiranjakka]

RELIANCE CAPITAL TO GET BANKING LICENSE SOON ?????????? OPTIONS TRADING AT PREMIUM

 

[kiranjakka]

rumor or real news to be out very soon?any updates let me know

 

[prabhsingh]

Welcome back Kiran.Hope to see your messages more frequently.