General Trading Chat

[deba72]

Oil marketing companies are smart enough.. Instead of giving 0.75% discount on fuel purchase through card, they would simply increase fuel price by 0.75% for cash purchase ..

 

[rkripal]

Oil marketing companies are smart enough.. Instead of giving 0.75% discount on fuel purchase through card, they would simply increase fuel price by 0.75% for cash purchase ..

If i am not wrong that 0.75% goes from govt. tax profits and not from companies profit... but i could be wrong.

 

[timepass]

If i am not wrong that 0.75% goes from govt. tax profits and not from companies profit... but i could be wrong.

Yeah.. that's why Arun Jaitley was almost crying when he made this announcement. Tougher budget balancing for him.

 

[deba72]

Nothing will go out..they will adjust the cash and card prices accordingly so that it does not have any adverse impact...

 

[praveen taneja]

Ram Ram Ji
Itna sannata kyun hai bhai
7777 de de baba:clap::clap:
I am on Jan 8000 puts from 72 Jai Ram JI KI

 

[Smart_trade]

http://www.indiatimes.com/culture/w...-has-now-gone-completely-cashless-266503.html

Ridham Desai of Morgan Stanley on Indian markets....

Smart_trade

 

[vijkris]

Nothing will go out..they will adjust the cash and card prices accordingly so that it does not have any adverse impact...

BTW at the pump, there is no guarantee that debit card users will get the discount. While swiping he has to reduce the final amount. Who will calculate it accurately ?

 

[timepass]

http://www.indiatimes.com/culture/w...-has-now-gone-completely-cashless-266503.html

Ridham Desai of Morgan Stanley on Indian markets....

Smart_trade

Perhaps this is the link you wanted to paste ??

http://www.moneycontrol.com/news/fii-view/nifty-may-rise-15a-year-switchbonds-to-stocks_8076621.html

But let's take it with a pinch of salt. Last year Ridham said that Sensex would be at 30000+ by December 2016.

http://www.moneycontrol.com/news/fi...00-by-december-2016-ridham-desai_4577761.html

I suppose a lot would depend on the US rate cuts.

I think that December is set to follow its usual zig zag course, with a depressing downtick sometime in the 3rd week with a year end rally in the last 3-4 days. That downtick may also see NF going at a discount.

 

[vivektrader]

It sometimes baffles me, how you all are able to comment on future course of nifty etc., honestly I many a times fail in interpreting real time charts. Its definitely a compliment from my side.

Vivek

 

[timepass]

Perhaps the Essar group stocks will dip on Monday, because of this sexy news

Pawan Ruia arrested in connection with Railway complaint

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

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