Blood bath on Indian markets. Huge sell off. Worst crash.

[Śakra]

What's happening in India? Have they lost thier minds and are trying to compete with us in a race to economic ruin or is there something else going on?

Interest rake hike by Fed has spoked Asia. Stocks are down across the board.

 

[Path-Finder]

Poor Indians will lose billions today. It is Pakistan has attacked India.

Very bad and very sad day.

@SunilM @Novice09 @Nilgiri

Very depressing
@Path-Finder @PakSword @Imran Khan

#FakeNews

 

[Novice09]

Great. But mine is still in read. I had offloaded all banking stocks. Thanks god I did it weeks before PNB scam surfaced, but did a stupid think of offloading HDFC completely due to sheer fear factor. Now I only have Federal Bank in my kitty (that too mere 500 shares) alone will few IOB (which I bought just last week).

I'm still afraid of Banking stocks. There should be a lot more clarity on NPA before I can start thinking about it I guess.

My love for HDFC BANK started in 2007... when my company gave me 40 shares of HDFC BANK as Diwali bonus... my friend sold his 40 shares to me for settling 7500...
Bought 3000 shares during 2009 economic crisis...
today I hold around 4500 shares of HDFC BANK... but I feel that it is over valued now... correction is required...

 

[BHarwana]

Very bad and very sad day for Indian economy

 

[Crystal-Clear]

Mere 2 lakh Gaye....

kabhi k din barey kabhi ki raatain .

 

[Nilgiri]

I'm not a stock analyst to give advice that too for free. I was just asking the opinion of fellow Indian's what they think about my investment. I just saw a great value in Tech M, sitting at a P/E of around 17. I think its a good bet.

Look at my Portfolio. FYI, I don't lie unlike some of you guys.

Nice spread. I have got some good long cap trends on some of my older picks now thanks to NPA resolution process....mid caps are looking on the up and up in many sectors too.

I see this current correction as a good thing, in fact its about a year late imo (when EM funds already were warning of it around the corner)....some bubbles definitely needed a bit of bursting....best get this done now before 2019 election season imo.

 

[BHarwana]

Nice spread. I have got some good long cap trends on some of my older picks now thanks to NPA resolution process....mid caps are looking on the up and up in many sectors too.

I see this current correction as a good thing, in fact its about a year late imo (when EM funds already were warning of it around the corner)....some bubbles definitely needed a bit of bursting....best get this done now before 2019 election season imo.

You are calling a whole month of red correction lol. Indian markets losing 10% per week is correction lol just go to hash tag #sensex and see how Indians are abusing modi. There is more hate for modi there then in Kashmir or Pakistan.

 

[Nilgiri]

You are calling a whole month of red correction lol. Indian markets losing 10% per week is correction lol just go to hash tag #sensex and see how Indians are abusing modi. There is more hate for modi there then in Kashmir or Pakistan.

Yes you have to look at a stock market in at least 2 year window (if not 5 year for long cap). You obviously know nothing about stock markets and market cap dynamics whatsoever. Stick to the tomatoes buddy.

 

[BHarwana]

Yes you have to look at a stock market in at least 2 year window (if not 5 year for long cap). You obviously know nothing about stock markets and market cap dynamics whatsoever. Stick to the tomatoes buddy.

Tomato season is over. I am growing potatoes now. A whole month of crash parallel to you currency and deficit and debt is not correction. Wake up you need a political change to get out of economic crisis or energy crisis will join the carnage in November and hit you in the head.

 

[Nilgiri]

Tomato season is over. I am growing potatoes now. A whole month of crash parallel to you currency and deficit and debt is not correction. Wake up you need a political change to get out of economic crisis or energy crisis will join the carnage in November and hit you in the head.

Look man I don't take people that say "currency depreciation = less USD remittance" too seriously to begin with....except for a laugh. Definitely not for anything related to appropriate stock market timeframes. You couldn't even tell me the 3 largest (forget 10 largest) asset class bubbles in Indian stock market forming since say 2015....forget about debating/analysing their relevance and impact to the larger economy.

So enjoy your potatoes....till you switch back to tomatoes.

 

[BHarwana]

Look man I don't take people that say "currency depreciation = less USD remittance" too seriously to begin with....except for a laugh. Definitely not for anything related to appropriate stock market timeframes. You couldn't even tell me the 3 largest (forget 10 largest) asset class bubbles in Indian stock market forming since say 2015....forget about debating/analysing their relevance and impact to the larger economy.

So enjoy your potatoes....till you switch back to tomatoes.

From correction know you are moving to stock market bubbles and extremely focused on trying to prove me an idiot. Well let me help you I am an idiot. Now me being an idiot can it stop the blood bath in Indian markets? Will my potatoes or tomatoes help indian economy? You are in denial. The fall of your market and parallel increase demand of dollar in your country only indicates one and just one factor. Foreign investors pulling out of India there is no other explanation for this. Foreign investors are taking their money out of Indian markets in huge sell offs.

 

[Nilgiri]

Foreign investors pulling out of India there is no other explanation for this. Foreign investors are taking their money out of Indian markets in huge sell offs.

FPI has always been volatile in India (if you even know what that is and what its relevance is to Indian economy esp given debt is stable and reducing % wise as IMF has pointed out....compared to cold long term FDI)....again you are completely out of your depth on the subject....you weren't even swimming in the adult pool to begin with actually....maybe you were splashing around in the kiddy pool where its safe...and you can engage with your intellectual equivalents.

 

[BHarwana]

FPI has always been volatile in India (if you even know what that is and what its relevance is to Indian economy esp given debt is stable and reducing % wise as IMF has pointed out....compared to cold long term FDI)....again you are completely out of your depth on the subject....you weren't even swimming in the adult pool to begin with actually....maybe you were splashing around in the kiddy pool where its safe...and you can engage with your intellectual equivalents.

Now from idiot you want to throw me in a kid pool. Okay no problem let me help you with this as well. I am from the kid pool and know nothing about economy.

Okay let's stick to your claim of foreign portfolio investments being volatile and now see your market. As you are now admitting that this is due to volatility of FPI and now tell me why has FPI withdrawing at this very moment when Indian economy is doing very well? You now ditched your own correction theory and agreeing to volatility of FPI so where am I wrong in describing what is happening to Indian economy.

Let me make it easier for you the sell of by FPI is because of Indian business becoming less profitable and giving less returns. Plus the uncertainty of energy availability. This all being further pushed as USA protectionism is attracting more competitiveness and production shifting with in USA. India is losing customers and economic factors are getting harder on you. Business environment is being effected here. Stick to one statement don't act like your leaders stay with the correction rest are words for you but their implementation is above your pay grade.

 

[bête noire]

If Indian rupees breach 75 to 1 USD, next target will be 80.

I am waiting for it to pass BD's exchange rate. Let 1 BDT = 1 or more INR

Bangladesh's currency has been one of the most stable in the last year, dropping from 82.58 to 83.82. While in the same period Indian currency dropped from 65.21 to 74.21.

 

[Mage]

I am waiting for it to pass BD's exchange rate. Let 1 BDT = 1 or more INR

Bangladesh's currency has been one of the most stable in the last year, dropping from 82.58 to 83.82. While in the same period Indian currency dropped from 65.21 to 74.21.
View attachment 504540 View attachment 504541
View attachment 504542

I was tempted to say that...but held myself back.