velu Posted August 31, 2020 Share Posted August 31, 2020 1 hour ago, Straight Drive said: Finally after three postponement? or was it two ? SEBI decided to implement rule from SEP 1. CNBC flashed and commented on it. I have not gone through in details though. It will matter less to long term investors imo and will be beneficial to market stability and less specualtion imo. I think taking paying margin upfront will help keep only serious traders and investors in market? Is this understanding correct, Velu ? Tyagi postponed it twice , this Time he said enough is enough , do it it puts stricter norms that brokers can’t misuse our pledged shares .. more margin upfront will protect the novice traders losing money blindly and it removes systematic risk associated with huge intraday leverages .. you don’t believe , Motilal gave 40x intraday leverage in option selling Straight Drive 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted September 1, 2020 Share Posted September 1, 2020 @diga The GDP data released yesterday for Q1 showed contraction by 23.5 percent which is more than what was estimated. Construction sector has seen a degrowth of -50.3 percent. So the stamp duty tailwind which I mentioned in HDFC. Ltd will be offset by this decrease in construction activities. The Indo-Sino border tensions is also a dragdown.Entry point in HDFC Ltd might be available at lesser price. However, long term investors will sail through. But for a 2 year horizon, better price entry point may be needed if you do not hold it in your portfolio. If in case one already has it then, it can be added on dips. Given this development HDFC Bank looks relatively safer bet than HDFC Ltd during these times of COVID. The US elections are also nearing soon. The Indo-Sino border tensions are also a factor to watch out. IT sector can see a better and faster gradual recovery. I think TCS and Infosys will trend in coming months. Agriculture is the sector which has grown by around 3 percent. diga 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted September 1, 2020 Share Posted September 1, 2020 (edited) SC verdict in AGR dues from telcos. Airtel gains whereas Vodafone tanks. SC gives 10 years instead of 20 years staggered period which telcos had initially requested. 10 percent of AGR dues to be paid upfront. The payment will begin from 1 April 2021 to 31 March 2031. Existing bank guarantee to be kept alive and MD to give undertaking to comply with payment schedules. Vodafone Idea gets into a very bad situation now. Edited September 1, 2020 by Straight Drive Link to comment Share on other sites More sharing options...
velu Posted September 1, 2020 Share Posted September 1, 2020 1 hour ago, Straight Drive said: SC verdict in AGR dues from telcos. Airtel gains whereas Vodafone tanks. SC gives 10 years instead of 20 years staggered period which telcos had initially requested. 10 percent of AGR dues to be paid upfront. The payment will begin from 1 April 2021 to 31 March 2031. Existing bank guarantee to be kept alive and MD to give undertaking to comply with payment schedules. Vodafone Idea gets into a very bad situation now. was skipping many trades because of AGR .. finally out Link to comment Share on other sites More sharing options...
Straight Drive Posted September 1, 2020 Share Posted September 1, 2020 2 hours ago, velu said: was skipping many trades because of AGR .. finally out I guess, shorting Airtel in intraday? Being bullish about Airtel is obviously a very risk strategy. Link to comment Share on other sites More sharing options...
velu Posted September 1, 2020 Share Posted September 1, 2020 58 minutes ago, Straight Drive said: I guess, shorting Airtel in intraday? Being bullish about Airtel is obviously a very risk strategy. nope .. option selling in bank nifty mostly .. AGR directly impacts BN , so BN was extremely volatile whenever the hearing was there Straight Drive 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted September 1, 2020 Share Posted September 1, 2020 2 minutes ago, velu said: nope .. option selling in bank nifty mostly .. AGR directly impacts BN , so BN was extremely volatile whenever the hearing was there Got it. Here is banks exposure to Vodafone Idea. SBI 11000 crore Yes Bank 4000 crore IndusInd 3500 crore IDFC First Bank 3240 crore PNB 3000 crore ICICI Bank 1700 crore AXIS Bank 1300 crore HDFC Bank 1000 crore Link to comment Share on other sites More sharing options...
Straight Drive Posted September 2, 2020 Share Posted September 2, 2020 Airtel and Vodafone Idea are up ! Both loss making companies and add to it the repayment period is 10 years which is half of what they wanted. Operators at work? Link to comment Share on other sites More sharing options...
Straight Drive Posted September 3, 2020 Share Posted September 3, 2020 Talks of Amazon and Vodafone Idea doing rounds. Link to comment Share on other sites More sharing options...
Straight Drive Posted September 11, 2020 Share Posted September 11, 2020 EPFO waiting for equity markets to improve to sell of stakes and pay the interest for 2019-2020. Link to comment Share on other sites More sharing options...
Straight Drive Posted September 13, 2020 Share Posted September 13, 2020 Investments coming in Reliance (specifically Reliance Retail) as expected. Silver Lake deals for 7500 crore. More deals may come with Amazon or some other investor likely to come up more investment. Good to see that Reliance stock rose by almost Rs. 200 in two days. Been an amazing stock. What a turnaround. Link to comment Share on other sites More sharing options...
velu Posted September 13, 2020 Share Posted September 13, 2020 9 hours ago, Straight Drive said: Investments coming in Reliance (specifically Reliance Retail) as expected. Silver Lake deals for 7500 crore. More deals may come with Amazon or some other investor likely to come up more investment. Good to see that Reliance stock rose by almost Rs. 200 in two days. Been an amazing stock. What a turnaround. 200rs up because of speculation about 20 billion dollar investment in relaince retail by amazon Straight Drive 1 Link to comment Share on other sites More sharing options...
Straight Drive Posted September 13, 2020 Share Posted September 13, 2020 26 minutes ago, velu said: 200rs up because of speculation about 20 billion dollar investment in relaince retail by amazon It was Silver Lake investment deal which is confirmed + Amazon (speculation at this point). Noticed that tge clearance of products at Future retail has started fast with high discounts. Everything is on fast track. Link to comment Share on other sites More sharing options...
Straight Drive Posted September 14, 2020 Share Posted September 14, 2020 Market up. No Monday surprises. Link to comment Share on other sites More sharing options...
Straight Drive Posted September 14, 2020 Share Posted September 14, 2020 (edited) Last week Reliance was flying, this week it seems TCS will fly. Bumper times. Edited September 14, 2020 by Straight Drive Link to comment Share on other sites More sharing options...
velu Posted September 14, 2020 Share Posted September 14, 2020 Ambani Puts Carlyle, SoftBank on Waiting List for Reliance Retail Stakes Read more at: https://www.bloombergquint.com/global-economics/ambani-said-to-put-carlyle-softbank-on-hold-for-retail-stakesCopyright © BloombergQuint Link to comment Share on other sites More sharing options...
Straight Drive Posted September 15, 2020 Share Posted September 15, 2020 TCS closes in Red but today it made its All time high of 3538. Much needed breakout given that it was into a range bound consolidation for a considerable long time given the quality. Valuations are high but the quality of some other stocks and the near future trends make some stocks very appealing buys. Link to comment Share on other sites More sharing options...
velu Posted October 2, 2020 Share Posted October 2, 2020 mkt was about to give a breakput on the upside .. now trump got corona , and will become super volatile again Link to comment Share on other sites More sharing options...
jusarrived Posted October 3, 2020 Share Posted October 3, 2020 15 hours ago, velu said: mkt was about to give a breakput on the upside .. now trump got corona , and will become super volatile again Yeah true , October anyway is historically volatile Link to comment Share on other sites More sharing options...
velu Posted October 3, 2020 Share Posted October 3, 2020 Link to comment Share on other sites More sharing options...
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