General Trading Chat

[timepass]

Is this a good news or indication of slowdown ?

After Boycott China call, Chinese exports to India crash 24.7% in 2020; trade drops by 18.6%
China's imports from India have also gone up 6.7 per cent since January this year to $11.09 billion.
https://www.indiatoday.in/business/...-india-in-2020-trade-drops-1709297-2020-08-09

Coming months will tell, as the demand picks up.

 

[timepass]

Reliance continues its good news run.

We're still working on deal to invest in Reliance Industries, says Aramco CEO
https://www.moneycontrol.com/news/b...vest-in-reliance-says-aramco-ceo-5669421.html

 

[Dr. Jan Itor]

RBI Moratorium: 45% borrowers have opted for delaying EMI payment PAN India, says Finway
RBI's EMI Moratorium scheme is a short-term liquidity relief to the borrowers but the cost implication of such a moratorium has been estimated to be huge.

https://www.financialexpress.com/mo...ng-emi-payment-pan-india-says-finway/2050259/

 

[Dr. Jan Itor]

SC seems to be short on Vodafone Idea..
"The court has expressed doubt over Vodafone Idea's capacity to clear the dues, asking how it be relied upon to make payments over a period given its financial position. "
AGR case: SC adjourns hearing in bankrupt telcos' case to 14 August

• Vodafone Idea has so far paid ₹7,854 crore to the DoT. It still has to clear more than ₹50,000 crore in AGR dues
• According to Airtel’s self-assessment, it owes ₹13,004 crore to the DoT

https://www.livemint.com/industry/t...-telcos-case-to-14-august-11597048336905.html

 

[timepass]

So what is the upside sustaining on in August ? Reliance and TaMo ??

AMFI data: Investors take profits from equity funds, repose more faith in debt schemes
https://www.moneycontrol.com/news/b...epose-more-faith-in-debt-schemes-5675981.html

 

[timepass]

Results :

Titan Q1 Results: Pandemic Shutters Stores, Leads To Rs 270-Crore Loss

Read more at: https://www.bloombergquint.com/quar...ic-shutters-stores-leads-to-rs-270-crore-loss
Copyright © BloombergQuint

 

[siddhant4u]

So what is the upside sustaining on in August ? Reliance and TaMo ??

AMFI data: Investors take profits from equity funds, repose more faith in debt schemes
https://www.moneycontrol.com/news/b...epose-more-faith-in-debt-schemes-5675981.html

may be this is the reason ?

https://www.traderji.com/community/threads/mf-tradingview-charts.108095/post-1427134

 

[timepass]

Oh oh.. BNF shows open low.

The spot also has nearly open low. Keep an eye on 22500 CE

 

[timepass]

TV News :

Putin says that Russia has developed a vaccine for corona. I think they have even registered it.

More details awaited. Europe up 2%+

 

[siddhant4u]

So what is the upside sustaining on in August ? Reliance and TaMo ??

AMFI data: Investors take profits from equity funds, repose more faith in debt schemes
https://www.moneycontrol.com/news/b...epose-more-faith-in-debt-schemes-5675981.html

here is who are affected most by redemption , in big names, Franklin lost 31% and LT 18%.