General Trading Chat

[Dr. Jan Itor]

1. Lockdown continue

or 2. check your imported gold from china (refer above news)

So what? We have Sonbhadra, remember.

 

[Dr. Jan Itor]

Loan collection improving, will be back to normal in July; moratorium no worry: Shriram Transport INTERVIEW
As the risk of worsening asset quality looms large on the head of India’s non-banking finance companies, investors are risk-averse.

https://www.financialexpress.com/ma...t-on-company-lockdown-hits-adavances/2007520/

The investors at this point are risk-averse and fear a spike in NPAs for the financials, how would you address that

People don’t really understand what moratorium is. It doesn’t mean no pay, it doesn’t mean that, but what it is that the customer is being given a choice to pay whatever he can during this period. Customers couldn’t pay during the lowdown but post the lockdown everyone is earning and paying and our business model is based on that. So I don’t see any impact of the moratorium.

Has Shriram Transport Finance opted for the moratorium?
We did have discussions with some bankers but we have not available anything for now.

 

[Dr. Jan Itor]

India plans incentives to double auto exports in next five years: Report
Govt wants to promote exports and has identified some sectors, including autos and textiles, for which incentive plans are being designed, said a senior government official

https://www.business-standard.com/a...s-to-boost-exports-report-120062901140_1.html

 

[Raj232]

Very interesting video :
क्यों छुपाया जा रहा है इतना बड़ा सच || Fabi flu v/s Coronil | Biswaroop Roy Choudhury | Ramdev baba

 

[timepass]

83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal

https://www.zerohedge.com/markets/8...t-rocked-massive-china-counterfeiting-scandal

In recent years, a hot topic in Surat has been "lab manufactured diamonds" from China. Not Zirconium, but pure compressed carbon that the diamond is. I am not surprised at fake gold.

 

[timepass]

COVID-19 impact: RBI may opt for loan recast for select sectors
https://economictimes.indiatimes.co...t-for-select-sectors/articleshow/76691064.cms

Someone please refresh my recollection. Which sectors specifically received stimulus in 2008.

 

[timepass]

Omaxe, anyone ?

Omaxe freezes at 20% lower circuit for second straight day, hits 52-wk low
The company has deferred its Q4 results by one month to July 29, 2020.
https://www.business-standard.com/a...ight-day-hits-52-week-low-120063000435_1.html

 

[Dr. Jan Itor]

Mumbai’s nearly trillion-dollar real estate market set to see greatest wealth erosion in history
Whichever value one adopts it is clear that the stakes in Mumbai real estate are very high. At a valuation of $800 billion, it is equivalent to 43 percent of India’s total stock market value and 29 percent of GDP.

https://www.moneycontrol.com/news/b...eatest-wealth-erosion-in-history-5480531.html

 

[timepass]

PM says that the Garib Kalyan yojna will be extended till mid-november, after Diwali. The poor will be given free rations, perhaps till Bihar elections.

One national ration card will be implemented.

Maybe this is why the light bills are seeing a raise

 

[travi]

PM says that the Garib Kalyan yojna will be extended till mid-november, after Diwali. The poor will be given free rations, perhaps till Bihar elections.

One national ration card will be implemented.

Maybe this is why the light bills are seeing a raise

Analyst / speculator's show flopped again

80Cr out of 130 Cr phew