Progressive Indian. Blogs @ https://t.co/wP3dwfqdWh. Congress supporter. Views personal and not investment advice.
If we keep extending lockdown then we will all starve and go bankrupt. No lockdown means small chance of getting a virus that can be lethal in say 5% of cases. There are no good choices here. People should be allowed to choose for themselves.
कोई पता करो कि #nifty को ऊपर ले जाने के लिए कितनी मोमबत्ती जलानी पड़ेंगी!!
Once 7500 breaks, my next target is 6000 in April for #nifty.
4% growth in GST collections for the full fiscal year!! This at a time when inflation is at 6-7%. So real growth was negative, even before corona.
Last night US and European indices went up 8-10%. Still #nifty is in the negative. But cowshed trolls will still blame global factors for everything that is messed up in our economy.
#nifty down 1135 points today, recording biggest ever loss. Now just 400 pts away from giving up all the gains of last 6 yrs since this disastrous govt came to power.
The economy never recovered from the triple blows of Demonetization, GST and the NBFC crisis. Only a handful of companies were doing well and taking the stock markets up. Now even they have run into trouble due to corona. Game over for #nifty.Even 4000 possible in dis crisis.
#USDINR now hits 76. The $5 Trillion GDP predictions were made on assumption that #Rupee will remain fixed at 70 against the Dollar. With rupee falling and economy headed for its biggest ever slump, we can say goodbye to that jumla.
What is the point of buying stocks now if most companies ware likely to remain shut for next 6 months? Many may even go bankrupt during this phase. What are guarantees that even the stock markets across the world will remain open few weeks from now?
Yes bank failed. Still FD money is safe.
The present 4500+ point fall for the #nifty from recent peak is the highest ever point wise correction for the index.
Back to demonetization time lows for the #nifty!! Another 1200 point fall and we will be at lowest levels under the cowshed regime. Looks inevitable now.
Scamsters and willful defaulters continue to vanish under the regime of self proclaimed chowkidars.
And the markets keep sinking lower and lower. #Nifty below 8500 now. How low can stocks fall is anybody's guess if present situation lasts 3-6 months.
Sab gir jayenge bas yes bank bachega!!🤣🤣
#nifty back at 2015 levels. This situation is quite hopeless now. I won't be surprised if we give up all the gains we saw since May 2014 under this govt in the next few weeks and be back at 7000.
So smart investors were moving out their deposits for almost 6 months from Yes Bank before RBI placed restrictions on it...
Yes Bank reports massive loss of Rs 18,564cr. NPAs surge to 40,000cr. Does massive provisioning of 24766cr in q3.