General Trading Chat

[timepass]

BNF 22400 PE is almost out of premium. How to read this ?

View attachment 43676

Well, the lack of premium probably meant this.

 

[Dr. Jan Itor]

If the trend is similar across the west, India's exports will be hampered... crude may be a good indicator...
German economy plunged 10% during 2nd quarter amid pandemic
Output shrank by 10.1% percent during the April-June period from the previous quarter, the country's official statistics agency said Thursday.

https://www.financialexpress.com/ec...nd-quarter-amid-coronavirus-pandemic/2039870/

 

[Dr. Jan Itor]

Gold loans rise (Manappuram result) and gold demand decreases in India (as per WGC)

 

[timepass]

Gold loans rise (Manappuram result) and gold demand decreases in India (as per WGC)

Sometimes I feel that the government puts out "source" based items in the media to gauge the public's reaction.

Indian govt considering gold amnesty scheme
2 min read . Updated: 30 Jul 2020, 04:42 PM ISTSiddhartha Singh , Bloomberg

• The government plans to ask people with unaccounted holdings of the metal to declare it to tax authorities and pay levies, penalty
• The proposal is at an early stage and authorities are seeking feedback from concerned officials

https://www.livemint.com/news/india...s-hoarding-gold-illegally-11596105851987.html

 

[timepass]

Looks like Reliance will once again rescue the index.

RIL beats estimates as Q1 net profit rises 31% to ₹13,248 cr on one-time gain
1 min read . Updated: 30 Jul 2020, 07:37 PM ISTKalpana Pathak

• Revenue from operations for the quarter came in at ₹88,253 crore
• RIL's gross refining margin came in at $6.3 per barrel as against $8.9 per barrel in the previous quarter

https://www.livemint.com/companies/...3-248-cr-on-one-time-gain-11596117638402.html

 

[timepass]

Bad news for the consumers, maybe good for the investors.

Bharti Airtel CEO Gopal Vittal indicates another round of tariff hike
2 min read . Updated: 30 Jul 2020, 07:29 PM ISTIshita Guha
Gopal Vittal was speaking at an analysts’ call a day after the telco reported a loss of ₹15,933 crore for the June quarter owing to the provisions of ₹11,746 crore rupees made for statutory dues
https://www.livemint.com/companies/...ther-round-of-tariff-hike-11596117301727.html

 

[timepass]

US markets all red red

 

[Infooo]

US market recovered from low points of the day.. Nasdaq back in green

 

[Infooo]

All eyes would be on SBI Q1 results tomorrow.. any expectation on the movement of share price

 

[siddhant4u]

Sometimes I feel that the government puts out "source" based items in the media to gauge the public's reaction.

Indian govt considering gold amnesty scheme
2 min read . Updated: 30 Jul 2020, 04:42 PM ISTSiddhartha Singh , Bloomberg

• The government plans to ask people with unaccounted holdings of the metal to declare it to tax authorities and pay levies, penalty
• The proposal is at an early stage and authorities are seeking feedback from concerned officials

https://www.livemint.com/news/india...s-hoarding-gold-illegally-11596105851987.html

IF, big if, govt is coming this scheme, they will be biggest fool! The whole idea of keeping gold is so as not to tell your wealth to authorities... If govt knows what you have, they could confiscate it.