General Trading Chat

Cases growing exponentially, shutdown from monday?
Maybe the government is waiting for a "public demand" for shutdown. But shutting down trains is a huge move, didn't happen even in 1974 railway strike.

No new trains to run on Sunday, those on run won't be stopped
https://news.abplive.com/videos/new...n-sunday-those-on-run-wont-be-stopped-1179676

The shutdown may happen gradually, in installments, state by state :

No lockdown in Delhi for now, but will have to do it if need arises: Kejriwal on Covid-19
https://www.livemint.com/news/india...t-if-need-arises-kejriwal-11584788867512.html
 

siddhant4u

Well-Unknown Member
sir, i'm sorry to hear your loss. last few days Nifty was around a reasonable support level, so you should have taken precautions... i was not thinking about the small traders like us, but the huge hands. yeah, sometimes it can matter when there'd be only sellers... i was thinking these unnatural huge shorting can put undeserving depreciation on companies, the aftereffects of which could be a large number of NPAs in the long run.
Not an economist, but as par my knowledge once companies have sold shares to get capital, day to day price movement doesn’t matter. For example if people are shorting IRCTC it doesn’t affect their day to day business. Only when promotors decide to sell more shares, current share price comes to picture. But in that case too share price will rally if market thinks its cheap pricing.

As for NPA and things you are saying it means some biz are leveraging and buying stocks. Now they cannot repay and going burst. Tata Motors doesn’t get affected if its share prices are 100 or 70. Its just other share holders. Long term investors if they think company fundamentals is good they will and should keep holding stocks. Short term holders, reading news of closing of JLR factories in uk would want to exit. Short selling will be there to take advantage of current situation.
 

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