General Trading Chat

[timepass]

2 minutes before the close ..

The par price should be 318, but it is 400+

I suppose it is because the options guys anticipate the adjusted close. That's why it is not recommended to trade the options in the last 15-20 minutes of the expiry day.

 

[timepass]

The LTP of Banknifty spot was 32281.7, and the adjusted close is 32186.9

 

[Dr. Jan Itor]

dhfl to be delisited, most likely, after making existing equity zero... retail investors will be the worst hit from this and this is happening multiple times now.. even in laxmi bank the same thing happened... and as usual everything will be swept under the "stock market is risky" rug... retail investors don't have the wherewithal and resources to directly interact with the management to know future course of the corporate action the board is planning... that is why we have regulators who safeguard their interests and also independent directors... if this transpires, it will be a massive failure of both the agencies... but the lull suggests that everything is changa C for the small guys...
Disc: not invested in any of the entities above...

 

[TracerBullet]

dhfl to be delisited, most likely, after making existing equity zero... retail investors will be the worst hit from this and this is happening multiple times now.. even in laxmi bank the same thing happened... and as usual everything will be swept under the "stock market is risky" rug... retail investors don't have the wherewithal and resources to directly interact with the management to know future course of the corporate action the board is planning... that is why we have regulators who safeguard their interests and also independent directors... if this transpires, it will be a massive failure of both the agencies... but the lull suggests that everything is changa C for the small guys...
Disc: not invested in any of the entities above...

Equity is supposed to be wiped out after bankruptcy. Debt people get paid a fraction, so nothing left for stocks. This is how it works ...

 

[Dr. Jan Itor]

Equity is supposed to be wiped out after bankruptcy. Debt people get paid a fraction, so nothing left for stocks. This is how it works ...

Yes tracer sir... but may be you did not get my point... the big guys exit beforehand because they are in the know of things ... even during laxmi vilas retailers were still buying two days before... for agencies that keep on increasing charges and keep on adding obstacles to trading in the name of "safety of small investors" they do not seem to be doing much about it, other than adding new cesses and stuff... as for debt resolution, not every case results in equity extinguishment... the board should be forthright with the course the company is going to take... they know... the bigwigs know... we should too... and not when its too late...

 

[timepass]

Something similar happened with Ruchi Soya too, except that the equity was valued at 1% of its price.

 

[timepass]

Banknifty : A lot of CEs have open high.

 

[Nish]

Banknifty : A lot of CEs have open high.

View attachment 45326

May be a Premium Eating efforts by writers due to comming weekend Time Decay !
.. Or an invite to gullible retails to take Option Buying !
In either case, Big Hands win !

 

[timepass]

Tough to please naysayers

Indian hesitancy sets back world's biggest Covid vaccination drive
https://www.theguardian.com/world/2...s-back-worlds-biggest-covid-vaccination-drive

The vaccine commentary will keep the markets hesitant for another year or two.

 

[primitivetrader]

Tough to please naysayers

Indian hesitancy sets back world's biggest Covid vaccination drive
https://www.theguardian.com/world/2...s-back-worlds-biggest-covid-vaccination-drive

The vaccine commentary will keep the markets hesitant for another year or two.

its not about pleasing everyone its forcing by the throat. when bharat biotech has not completed the phase 3 trial and its for emergency use only. why the hell govt is adamant to push it just because you want to create the perception of so-called made in India. life is in oversupply in our country so nobody bothers