General Trading Chat

[Dr. Jan Itor]

72????????
Kamath Committee identifies 26 sectors for loan restructuring; pandemic pushes this much loan under stress
72 per cent of the banking sector debt worth Rs 37.72 lakh crore has slipped into stress.
https://www.financialexpress.com/ec...c-pushes-this-much-loan-under-stress/2077643/

 

[timepass]

72????????
Kamath Committee identifies 26 sectors for loan restructuring; pandemic pushes this much loan under stress
72 per cent of the banking sector debt worth Rs 37.72 lakh crore has slipped into stress.
https://www.financialexpress.com/ec...c-pushes-this-much-loan-under-stress/2077643/

Only the covid affected loans will be covered under this.

 

[siddhant4u]

72????????
Kamath Committee identifies 26 sectors for loan restructuring; pandemic pushes this much loan under stress
72 per cent of the banking sector debt worth Rs 37.72 lakh crore has slipped into stress.
https://www.financialexpress.com/ec...c-pushes-this-much-loan-under-stress/2077643/

routine distressed sectors like power, steel, and nbfc are not covered...

 

[timepass]

Now all kinds of bad news is coming in

Goldman Sachs projects deeper recession for India in FY21
1 min read . Updated: 08 Sep 2020, 05:17 PM ISTAsit Ranjan Mishra

• India’s economy contracted 23.9% in June quarter, worst among the G20 countries and significantly below expectation of most economists

https://www.livemint.com/news/india...cession-for-india-in-fy21-11599565479963.html

Indian Economy To Contract 10.5% In 2020-21: Fitch
Last month, official data showed that the country's gross domestic product (GDP) shrank 23.9 per cent in the April-June period, in one of the sharpest contractions in the world.

https://www.ndtv.com/business/india...o-contract-10-5-in-2020-21-says-fitch-2292079

I guess INR will depreciate some more now.

 

[timepass]

Banknifty 100 ema gets touched today.

I think that 22400 will be the fight zone for the next few days.

 

[timepass]

Is there any way I could plot the chart of an option and its underlying on the same chart ? e.g. if I want to see Banknifty spot and 22500 PE on the same chart ?

 

[timepass]

Yeah, it should pause around that 22150 area.

 

[timepass]

The US markets are green green today

maybe this is the reason

Donald Trump Nominated For Nobel Peace Prize
https://www.ndtv.com/world-news/donald-trump-nominated-for-nobel-peace-prize-2292878

 

[timepass]

I thought that EPFO was making a loss

You'll Get 8.5% Interest On Provident Fund - But In 2 Tranches

https://www.ndtv.com/business/emplo...5-interest-in-two-phases-due-to-covid-2292909

 

[timepass]

American bombshell, from the architect of Watergate scandal

Donald Trump downplayed seriousness of COVID-19, told Bob Woodward 'don't want to create panic'
https://www.timesnownews.com/intern...bob-woodward-dont-want-to-create-panic/650248