General Trading Chat

[vijkris]

Rahul Gandhi is saying that this move by Modi is not going to yield any black money

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That means he has already converted his black money into gold/off shore accounts etc. Thats why he is relaxed. :lol:

 

[vikas2131]

Rahul Gandhi has one point agenda...criticise anything that Modi does.

Smart_trade

In democracy it is good to have a strong opposition...but this guy is class one comedian...few days back he was protesting about the implementation of OROP but he did not know who had done suicide.. and i also remember his speech in Parliament which was more funny than kapil sharma show and congress was projecting him to be our pm in 2014... really shameful

 

[Rish]

That means he has already converted his black money into gold/off shore accounts etc. Thats why he is relaxed. :lol:

:lol::lol::lol::lol:

 

[vagar11]

Look at Dr reddy lab 52 wk range and today's range.

Range 2,960.05 - 3,341.00
52 week 2,750.05 - 3,689.85

 

[travi]

Look at Dr reddy lab 52 wk range and today's range.
Range 2,960.05 - 3,341.00
52 week 2,750.05 - 3,689.85

Pharma were one of the first to rally today, with Hillary having pointed her guns on them. Trump Baba is relief

 

[vijkris]

Pharma were one of the first to rally today, with Hillary having pointed her guns on them. Trump Baba is relief

Quoting an article from net, which says pharma cos ll loose due to Trump:

"Scrapping Obamacare is a negative for Indian pharma: Trump has used colorful adjectives to describe Obamacare during his campaign and has vowed to scrap the scheme aimed at providing affordable healthcare to Americans. That could be bad news for the Indian pharma sector. Pharmaceuticals constitute the second biggest exports of India to the U.S. India’s strength in manufacturing affordable generic drugs complemented the objectives of Obamacare. Indian generic drug companies had gained massively with a sub-legislation under Obamacare that allowed the use of ‘biosimilars’. According to US Census Bureau data, when Obamacare was signed into law in 2010, India’s pharma exports to the U.S were $31 billion. Five years of Obamacare more than doubled pharma exports from India to the U.S to $66 billion. If Trump implements his promise to junk Obamacare, Indian drug companies could be severely hit. Indian IT companies which provide support to the program could also end up losing their business that could lead to job cuts in India."

 

[travi]

Quoting an article from net, which says pharma cos ll loose due to Trump: "Scrapping Obamacare is a negative for Indian pharma: Trump

I stand corrected Trump not a relief as he wants to scrap Obamacare.

Neither was Hillary bcos she wanted to push Obamacare. It accounts for over 20% of total US drug spend, therefore, she wanted to directly negotiate drug prices with manufacturers. Lower costs meant lower margins etc

Therefore, either way, Pharma Co.'s are in trouble :lol:

 

[vagar11]

In which stocks do u see opportunity for investment?

 

[vijkris]

According to PTI, "All banks to remain open this Saturday and Sunday, says RBI"

 

[oi trader boi]

as Trump won,software buddies jobs in US and outsourcing will affect a lot...