General Trading Chat

[timepass]

A good look at Reliance.

Reliance’s sketchy record of delivering returns to partners
4 min read . Updated: 23 Sep 2020, 12:10 PM ISThowindialives.com
Reliance has raised big capital from 13 entities. It now has to deliver returns to them, something it hasn’t done too well for partners in the past.

https://www.livemint.com/companies/...ering-returns-to-partners-11600842386126.html

from the article :

 

[timepass]

Conservative estimates, I think ...

India's Economy To Contract By 5.9% In 2020 Amid Covid: UN Report
The Trade and Development Report 2020 by UN Conference on Trade and Development (UNCTAD) said on Tuesday that the world economy is experiencing a deep recession amid a still-unchecked pandemic
https://www.ndtv.com/india-news/indias-economy-to-contract-by-5-9-in-2020-un-report-2299666

also, read this :

UNCTAD warns against austerity
1 min read . Updated: 23 Sep 2020, 06:31 AM ISTAsit Ranjan Mishra
The Indian economy contracted 23.9% in the three months to June, the worst among G20 countries, after the more than two-month-long nationwide lockdown, starting 25 March, forced businesses to shut shop and forced consumers to stay indoors.
https://www.livemint.com/news/india/unctad-warns-against-austerity-11600822282356.html

 

[timepass]

Will Reliance / Jio buy into Tata Sons now ? Or maybe Facebook/ Google/ Amazon etc.

Who will buy Mistry’s 18% stake in Tata Sons could be the next big fight
https://theprint.in/economy/who-wil...tata-sons-could-be-the-next-big-fight/508610/

 

[timepass]

Interesting news. Airtel gears up to take on Jio challenge

Airtel picks up 10% stake in tech startup Waybeo to scale cloud offerings
https://telecom.economictimes.india...rtup-waybeo-to-scale-cloud-offerings/78271973

 

[timepass]

Tata Sons has the money, it seems

Tata Sons raises stake in Tata Chemicals, Tata Motors DVR; SBI MF offloads 2.7% shares in Satin
https://www.moneycontrol.com/news/b...-mf-offloads-2-7-shares-in-satin-5876761.html

 

[timepass]

It's a steady, trending downside for the US markets.

 

[timepass]

That V shaped move looks like the bulls exiting / unwinding.

View attachment 44295

Looks like the same theme playing out today too.

 

[timepass]

What ?? Is it going to 20333 today itself ?

 

[Dr. Jan Itor]

GMMPfaudler management... make of it what you will...

 

[Dr. Jan Itor]

"Modi said that states have to analyse how helpful these short lockdowns are and if they are making any impact on the economic activity. He said that now is the time to focus containing the COVID-19 transmission via micro containment zones. Meanwhile, Modi said that the states should conduct aggressive testing and contact tracing and focus on building infrastructure."

25Apr - 1400+cases; 50 deaths - Nation-wide Lockdown at 8...

24Sep - 90k+cases; 1200 deaths (Community transmission phase i.e. no traceable contacts for contagion) - Micro Lockdown; contact tracing; building infrastructure...

Covid-19: Here’s what PM Modi told states about lockdowns
Modi said that states have to analyse how helpful these short lockdowns are and if they are making any impact on the economic activity.

https://www.financialexpress.com/li...-pm-modi-told-states-about-lockdowns/2090663/