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Some good news for the PSU banks :

SC on Essar Steel: CoC decision final; ruling clears way for ArcelorMittal
2 min read . Updated: 15 Nov 2019, 10:57 AM ISTIshita Guha
  • Supreme Court decision overrules NCLAT’s July 5 judgment
  • The case was admitted to NCLT in August 2017 for insolvency proceedings after it was identified by the Reserve Bank of India in its first list of 12 big loan defaulters

https://www.livemint.com/companies/...ars-way-for-arcelormittal-11573795214708.html
 

TraderRavi

low risk profile
Some good news for the PSU banks :

SC on Essar Steel: CoC decision final; ruling clears way for ArcelorMittal
2 min read . Updated: 15 Nov 2019, 10:57 AM ISTIshita Guha
  • Supreme Court decision overrules NCLAT’s July 5 judgment
  • The case was admitted to NCLT in August 2017 for insolvency proceedings after it was identified by the Reserve Bank of India in its first list of 12 big loan defaulters

https://www.livemint.com/companies/...ars-way-for-arcelormittal-11573795214708.html

Mittal takeover good or bad for creditors ?
 
Sounds like double good news for the telecom sector.

Relief for telecom likely as government mulls minimum price for calls, data
Updated : November 15, 2019 05:11 PM IST
https://www.cnbctv18.com/telecom/re...ulls-minimum-price-for-calls-data-4703961.htm

'Don't Want Any Company to Shut Operations': FM Says Govt Will Address Concerns of Telecom Sector
The Supreme Court last month ruled in favour of the government and directed telecom companies to pay as much as Rs 1.42 lakh crore in past statutory dues to the government.
PTI
Updated:November 15, 2019, 11:30 PM IST
https://www.news18.com/news/busines...dress-concerns-of-telecom-sector-2388745.html
 
With the FII and DII balancing each other out, it is the FPIs to the rescue of the bulls. What next, DPIs ??

1573987575865.png
https://www.moneycontrol.com/stocks/marketstats/fii_dii_activity/index.php

FPIs infuse ₹19,203 crore into Indian capital markets in Nov so far
1 min read . Updated: 17 Nov 2019, 11:05 AM ISTPTI
  • Trade deal between the US and China was one of the major global factor contributing towards FPI inflows
  • The consistent flows depict that FPIs are fast gaining confidence in the Indian equity markets, said an analyst


https://www.livemint.com/market/sto...tal-markets-in-nov-so-far-11573967941692.html
 
With the FII and DII balancing each other out, it is the FPIs to the rescue of the bulls. What next, DPIs ??

View attachment 38703 https://www.moneycontrol.com/stocks/marketstats/fii_dii_activity/index.php

FPIs infuse ₹19,203 crore into Indian capital markets in Nov so far
1 min read . Updated: 17 Nov 2019, 11:05 AM ISTPTI
  • Trade deal between the US and China was one of the major global factor contributing towards FPI inflows
  • The consistent flows depict that FPIs are fast gaining confidence in the Indian equity markets, said an analyst


https://www.livemint.com/market/sto...tal-markets-in-nov-so-far-11573967941692.html
They are just here for tax benefit. These are easy come and easy go.
 
Just got delivery of an amazing book by an amazing person I greatly admire.
WhatsApp Image 2019-11-17 at 18.06.54.jpeg
 

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