The Stock Market thread

[Bird Bird Bird]

1 hour ago, kunjanp said:

So nothing on personal income tax.

Disappointing tbh. 

[Karooo]

Market on fire today woohoo

[hope]

Missed opportunity Sold a lil early and didnt invest

[dylanjosh]

Whats a good way to get started into all this? For a total noob.

[Bird Bird Bird]

13 minutes ago, Karooo said:

Market on fire today woohoo

I don't know why tbh. What's so good in the budget which can cause market boom ?

[KnackChap]

33 minutes ago, Karooo said:

Market on fire today woohoo

Esp the banking sector. Atleast 3 majors banks gained +10% today itself. 

[blitzkreiig]

Everything is green, except my holdings 

[KunjanPSD]

Just closed my intra position of Bajaj Finserv, that's a cool 11% right there.

I expect market to go up tomorrow as well.

[KunjanPSD]

24 minutes ago, Bird Bird Bird said:

I don't know why tbh. What's so good in the budget which can cause market boom ?

When FM says nothing, the markets soar.

And in my experience, the directional move after a price event, more often that not, sustains. Let's see tom.

[Bird Bird Bird]

1 minute ago, kunjanp said:

When FM says nothing, the markets soar.

And in my experience, the directional move after a price event, more often that not, sustains. Let's see tom.

Let's see in a week. Can be a targeted approach my market movers since this is budget week. 

[KnackChap]

Expecting to make somewhere between 5 -10k tomorrow morning once indigo lists. Only question is should I sell off everything or hold something for the future. What do you guys say? 

[rushab oswal]

31 minutes ago, KnackChap said:

Expecting to make somewhere between 5 -10k tomorrow morning once indigo lists. Only question is should I sell off everything or hold something for the future. What do you guys say? 

Hold your profits. Management is good , also house sales are going to increase so paints should do good. Not SEBI registered so consult someone before listening to an idiot lol ?

[Bird Bird Bird]

 

Sarkar ne silently aap sabka C H U T I Y A kaata hai. 

 

Kuch saalo main you'll have no tax saving option left. 

 

Edit: Writing C h u t i y a as one word autocorrects it to idiot on the forum. what the *bleep* is with this selective censorship, mods ? 

Edited February 1, 2021 by Bird Bird Bird

[KunjanPSD]

3 minutes ago, Bird Bird Bird said:

 

Sarkar ne silently aap sabka C H U T I Y A kaata hai. 

 

Kuch saalo main you'll have no tax saving option left. 

 

Edit: Writing C h u t i y a as one word autocorrects it to idiot on the forum. what the *bleep* is with this selective censorship, mods ? 

In due time, I expect everyone to move to the new tax regime. No exemptions there anyway. But this is a low blow for now.

[Bird Bird Bird]

3 minutes ago, kunjanp said:

In due time, I expect everyone to move to the new tax regime. No exemptions there anyway. But this is a low blow for now.

The way the middle class/salaried peeps are getting slaughtered by IT is crazy. I don't mind paying these sh*t taxes or the new regime if my healthcare and kid education are free/subsidized, but f**kall if that would ever happen. 

The politics will fight over religion, and salaried pees will keep on bearing the brunt. 

[KunjanPSD]

3 minutes ago, Bird Bird Bird said:

The way the middle class/salaried peeps are getting slaughtered by IT is crazy. I don't mind paying these sh*t taxes or the new regime if my healthcare and kid education are free/subsidized, but f**kall if that would ever happen. 

The politics will fight over religion, and salaried pees will keep on bearing the brunt. 

True. I will be joining the work force from this year and this seems such a stomp on the foot. No wonder my friends and siblings want to leave India.

The tax we pay is never used for our benefit while my cousin who lives in Canada has all her family's education and healthcare covered by the govt.

I have been apprehensive about leaving India because I want to work to make it better but man, all of those thoughts go in thr drain with such acts.

[hope]

2 minutes ago, kunjanp said:

True. I will be joining the work force from this year and this seems such a stomp on the foot. No wonder my friends and siblings want to leave India.

The tax we pay is never used for our benefit while my cousin who lives in Canada has all her family's education and healthcare covered by the govt.

I have been apprehensive about leaving India because I want to work to make it better but man, all of those thoughts go in thr drain with such acts.

Agreed. Mango man is the one who is crushed always.

 

In this Country there is so much wrong and not streamlined, but looks like now the process of streamlining itself will cause chaos. 

[Pacifier]

Such a bloody f..ing sh*t they keep pulling off each year. Honestly i didn't expect any major changes especially this not being a election year, but this they manage to outdo themselves. 

 

The bullshit tax slabs still remain and the New regime can GTFO.... lol

[Karooo]

1 hour ago, Bird Bird Bird said:

I don't know why tbh. What's so good in the budget which can cause market boom ?

Market just needs a reason to go up or down. It was going down for 5 days in a row so budget was a great reason to go up to the earlier level. If market was on top then it would have crashed after the budget.

[KunjanPSD]

6 minutes ago, Karooo said:

Market just needs a reason to go up or down. It was going down for 5 days in a row so budget was a great reason to go up to the earlier level. If market was on top then it would have crashed after the budget.

Market was going down because of the budget. It just recovered when the budget didn't go bust.