General Trading Chat

[Verde]

Sometimes Kite too

 

[timepass]

We could be in for another big bear day tomorrow

India Q3 GDP LIVE: Q3 GDP growth slowed to 4.4% on high inflation, waning demand
https://www.livemint.com/news/india/india-q3-gdp-live-news-updates-india-q3-gdp-11677513172185.html

Probably a weak rupee too.

 

[travi]

We could be in for another big bear day tomorrow

India Q3 GDP LIVE: Q3 GDP growth slowed to 4.4% on high inflation, waning demand
https://www.livemint.com/news/india/india-q3-gdp-live-news-updates-india-q3-gdp-11677513172185.html

Probably a weak rupee too.

Ppl can make so many different narratives.
Those bears are looking at straight value of 4.4% and saying GDP died,
while the others are looking at base effect of post-pandemic quarter and it is actually quite a high growth number.

I guess mkt proved its point today
plus GST collection is record consecutive 12 month above estimate or something like that.

 

[timepass]

Ppl can make so many different narratives.
Those bears are looking at straight value of 4.4% and saying GDP died,
while the others are looking at base effect of post-pandemic quarter and it is actually quite a high growth number.

I guess mkt proved its point today
plus GST collection is record consecutive 12 month above estimate or something like that.

Right. Different narratives.

GST collections drop in February by 6 per cent
According to the chief economist of Icra, the GST revenues from imports of goods are likely to have been dampened by the sequential contraction in merchandise imports in January 2023

https://www.telegraphindia.com/business/gst-collections-drop-in-february-by-6-per-cent/cid/1919819

GST collections grow 12.4% to surpass ₹1.49 lakh crore; cess inflows hit a record
Highest cess collection of ₹11,931 crore recorded since implementation of GST even as revenues fell over 5% from January 2023
https://www.thehindu.com/business/Economy/gst-revenues-grow-124-in-february-2023/article66567289.ece

 

[timepass]

Railways are in great form today.

RVNL is up more than 10%.

Anyone following these ?

 

[timepass]

Such low vix makes trading options a painful waiting experience.

 

[Raj232]

Before taking INDIABULLS HOME LOAN, hear the story of a TRAPPED HOME BUYER | Interest rate of 14.5%

 

[Romeo1998]

Before taking INDIABULLS HOME LOAN, hear the story of a TRAPPED HOME BUYER | Interest rate of 14.5%

very emotional i feel bad for this innocent guy

 

[timepass]

Maybe Banknifty is going to make another box like this

 

[timepass]

Some good news for the next session

India's factory output rises to 5.2% in Jan 2023, surpassing estimates


https://www.livemint.com/news/india...2023-surpassing-estimates-11678450756469.html