General Trading Chat

[timepass]

https://www.moneycontrol.com/news/b...s-rose-10-40-in-post-budget-week-4921481.html

Small & mid-caps outperform! Nearly 70 stocks rose 10-40% in post-Budget week
Experts feel that if the momentum continues which it should, traders should not get surprised to see record highs in the February series. But, there are key resistance levels which the Nifty50 has to surpass.

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Thanks for this info.

 

[timepass]

I didn't know that Everready had broken down so badly. Any known reasons ??

Monthly chart.

 

[checkmate7]

Will this have effect on market on Monday...lets see

 

[timepass]

Will this have effect on market on Monday...lets see

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I don't think so. There is a wide variation in the exit poll results. Wednesday, the counting day, will be the one that will matter, in the noon session.

 

[siddhant4u]

I don't think so. There is a wide variation in the exit poll results. Wednesday, the counting day, will be the one that will matter, in the noon session.

did maha, mp, rajasthan election made any impact on market? beside, even before election it was clear that AAP would win again but with less number of seats this time.

 

[TradeJoker]

Even Replica TV exit poll ********* saying AAP in delhi, its seems he didn't get the payment from bjp

 

[timepass]

did maha, mp, rajasthan election made any impact on market? beside, even before election it was clear that AAP would win again but with less number of seats this time.

You are right. A point I had not considered.

Well, the results season is still on.

 

[timepass]

An important ruling by the Supreme Court. But I think the politicians will continue their quota raj unabated.

"States Not Bound To Make Reservations For Jobs, Promotions": Top Court
The Supreme Court's judgement overturned a 2012 ruling by the Uttarakhand High Court that directed the state to provide quotas to specified communities

"...........Quotas and reservations for promotions for government jobs is not a fundamental right, the Supreme Court said in a potentially key judgement delivered on Friday. ........."
https://www.ndtv.com/india-news/sup...nd-to-make-reservations-for-jobs-prom-2177347

 

[timepass]

Sail has been doing better lately and had a golden crossover. Now some good news.


Government plans to sell 5% stake in Steel Authority of India Ltd., may rake in ₹1,000 crore

https://www.thehindu.com/business/I...td-may-rake-in-1000-crore/article30775202.ece

 

[timepass]

The PSU banks may not receive more capital from the government.

PSU banks are adequately capitalised to stand on their own: CEA Subramanian
3 min read . Updated: 09 Feb 2020, 09:33 AM ISTIANS

• The Budget's decision not to recapitalise the PSU banks is a good move, said CEA Krishnaswamy Subramanian
• PSU banks must enhance the governance and tap into the market, said CEA

https://www.livemint.com/industry/b...their-own-cea-subramanian-11581219560127.html