The Stock Market thread

[Bird Bird Bird]

Clean. Lost 85 points, and gained 70 now. 

[KunjanPSD]

15 minutes ago, Bird Bird Bird said:

@KunjanPSD Sanjeev Kumar Jha - Head Operations - trimmed his stake in Borosil Renewables from 0.05 to 0.02. 

 

37000 shares sold. One of the possible reasons for the stock hitting LC. 

 

https://www.bseindia.com/stock-share-price/borosil-renewables-ltd/BORORENEW/502219/disclosures-insider-trading-2015/

 

 

The correction was needed as well. Stock went up a little too fast.

270-275 is where I would increase the stake to around 10% of PF. I have been cutting down old stocks at ATH to make way.

 

[KunjanPSD]

Another stock which just have been climbing is Jubilant Ingrevia.

600 is a comfortable area to add but just not ready to break.

[speedy]

2 hours ago, Bird Bird Bird said:

Lupin down 5% after an excellent QOQ and YOY. 

 

Sequent, as expected, hit by 15%. 

 

PF down by 4% between yday and today. Getting extremely difficult to hold tbh. 

gaming is the best stress buster bro

[Bird Bird Bird]

https://economictimes.indiatimes.com/markets/stocks/news/explainer-what-is-the-new-bse-rule-that-is-hurting-midcaps-smallcaps/articleshow/85233683.cms

 

All my BSE stocks are nearing or hitting LCs. 

 

@KnackChap IK's most insights are on BSE stocks, small cap. This will kill any momentum. 

 

Edit: Many fundamentally good companies are getting hammered.

Edited August 11, 2021 by Bird Bird Bird

[KunjanPSD]

3 minutes ago, Bird Bird Bird said:

https://economictimes.indiatimes.com/markets/stocks/news/explainer-what-is-the-new-bse-rule-that-is-hurting-midcaps-smallcaps/articleshow/85233683.cms

 

All my BSE stocks are nearing or hitting LCs. 

 

@KnackChap IK's most insights are on BSE stocks, small cap. This will kill any momentum. 

Once a stock gets credited into your demat, there is no concept of BSE/NSE, you can sell the stock on either of them.

Zerodha might show BSE's price by default in your holdings but you can check NSE's price as well and get the real value.

Most of the times, BSE's price gives a bargain over NSE's price.

[rushab oswal]

42 minutes ago, Bird Bird Bird said:

Clean. Lost 85 points, and gained 70 now. 

Told my brother not to buy clean. But he still bought it anyway XD

[Bird Bird Bird]

7 minutes ago, KunjanPSD said:

Once a stock gets credited into your demat, there is no concept of BSE/NSE, you can sell the stock on either of them.

Zerodha might show BSE's price by default in your holdings but you can check NSE's price as well and get the real value.

Most of the times, BSE's price gives a bargain over NSE's price.

 

Nope. Some stocks only trade on BSE. 

[Krazyniks]

Most Stocks have recovered from days lows . Seeing a pattern here from 2/3 months now everytime there's a fall of 5-10% (Mid/Small cap stocks) there's a lot of buying and prices recover quickly . 

Edited August 11, 2021 by Krazyniks

[KunjanPSD]

6 minutes ago, Bird Bird Bird said:

 

Nope. Some stocks only trade on BSE. 

Those are quite handful though.

I don't think any decent company except some outliers, would want to give up NSE's volumes.

[Bird Bird Bird]

3 minutes ago, KunjanPSD said:

Those are quite handful though.

I don't think any decent company except some outliers, would want to give up NSE's volumes.

 

https://economictimes.indiatimes.com/markets/stocks/news/explainer-what-is-the-new-bse-rule-that-is-hurting-midcaps-smallcaps/articleshow/85233683.cms

 

This is what is causing BSE panic. And BSE has more than double the NSE stocks for trading (3800 vs 1700). 

[KunjanPSD]

34 minutes ago, Bird Bird Bird said:

 

https://economictimes.indiatimes.com/markets/stocks/news/explainer-what-is-the-new-bse-rule-that-is-hurting-midcaps-smallcaps/articleshow/85233683.cms

 

This is what is causing BSE panic. And BSE has more than double the NSE stocks for trading (3800 vs 1700). 

Dp

Edited August 11, 2021 by KunjanPSD

[rushab oswal]

Dp.

Edited August 11, 2021 by rushaboswal

[Bird Bird Bird]

@KnackChap @rushaboswal and others trading at BSE only scrips (specially on IK's fundamentals): https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210811-6

 

Check the annexure in the link. Lists all scrips under new rule from 23rd August. 

 

Pooja Ent in the list.  

 

Others such such as Scan Steels, India Gelatin, National Plastics, Amines and Plasticizers are not in the list. 

[KunjanPSD]

34 minutes ago, Bird Bird Bird said:

 

https://economictimes.indiatimes.com/markets/stocks/news/explainer-what-is-the-new-bse-rule-that-is-hurting-midcaps-smallcaps/articleshow/85233683.cms

 

This is what is causing BSE panic. And BSE has more than double the NSE stocks for trading (3800 vs 1700). 

This amendment was released a few days ago, maybe a delayed reaction and affects very few stocks.

What I meant was, does any stock which you want to hold, listed only on BSE?

Edited August 11, 2021 by KunjanPSD

[rushab oswal]

Dp.

Edited August 11, 2021 by rushaboswal

[gamer_adi]

Phew, IBReal Estate back to 146 from 127 day low, my entire loss recovered 

[rushab oswal]

24 minutes ago, Bird Bird Bird said:

 

https://economictimes.indiatimes.com/markets/stocks/news/explainer-what-is-the-new-bse-rule-that-is-hurting-midcaps-smallcaps/articleshow/85233683.cms

 

This is what is causing BSE panic. And BSE has more than double the NSE stocks for trading (3800 vs 1700). 

Time to rebuy in the opportunity?

Also bough some JUBINGREVIA in morning after selling smallcaps.

 

also forums are preety awful, unable to reply.

[rushab oswal]

7 minutes ago, Bird Bird Bird said:

@KnackChap @rushaboswal and others trading at BSE only scrips (specially on IK's fundamentals): https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210811-6

 

Check the annexure in the link. Lists all scrips under new rule from 23rd August. 

 

Pooja Ent in the list.  

 

Others such such as Scan Steels, India Gelatin, National Plastics, Amines and Plasticizers are not in the list. 

Already exited kllapana indsutries (Excatly dont remeber name ) 
Never got into scansteels. Will sell some more smallcaps soon

[Bird Bird Bird]

8 minutes ago, KunjanPSD said:

This amendment was released a few days ago, maybe a delayed reaction and affects very stocks.

What I meant was, does any stock which you want to hold, listed only on BSE?

 

It got caught up in the media storm just a few days back, and BSE only stocks started getting hit since then. 

 

I do have some BSE only stocks atm - Scan Steels, Amines and Plasticizers, Trident, National Plastics. Pretty confident on the 1st two. Still have to analyze the last 2 more. 

 

5 minutes ago, rushaboswal said:

Time to rebuy in the opportunity?

Also bough some JUBINGREVIA in morning after selling smallcaps.

 

also forums are preety awful, unable to reply.

 

Had a buy target of 600, but it never touched those numbers. Well, will wait for another bloodbath day.