Category: IndianStreetBets
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Market Myths Debunked: Decoding Facts & Fictions
The post critiques marketing statements often used in the financial sector, deeming them as conditional and over-generalized. These statements include claims about mutual funds always providing positive returns over a certain period, the impossibility of losing money through long-term investments, and the potential for anyone to build wealth starting with a small investment. The author…
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Overcoming a -30K Balance in Zerodha
The content discusses the consequences of not settling a negative balance with a broker, specifically Zerodha. The user took a short position that went wrong due to illiquidity, resulting in a negative balance. The user is considering transferring their holdings to a different Dmat account and leaving the Zerodha account as it is. However, this…
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NTPC Green: Adani Exit or Market Expansion?
The content discusses NTPC Green, a stock that appears promising due to its strong backing from NTPC, particularly in terms of debt exposure. The author speculates whether NTPC Green’s strategy to significantly increase its production capacity annually might involve acquiring Adani Green’s solar power plants. In the second part, the author raises concerns about the…
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Final Step: Bidding Farewell to My Kite Account
The content describes an individual’s decision to sell all their stocks, close their Kite account, and reflect on their trading mistakes. They admit to losing money due to intraday trading and acknowledge the benefits of using a slower and more complicated platform like Paytm Money, which discourages impulsive trades. The individual plans to stick to…
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Sensex, Nifty Surge: Drivers of Today’s Market Rally
Today, the Indian stock market experienced a significant surge, with the Sensex climbing over 1,300 points and the Nifty soaring 400 points. This rally, adding ā¹8.6 lakh crore to the market’s valuation, was driven by heavyweights like Reliance Industries, ICICI Bank, HDFC Bank, L&T, SBI, and Airtel. The market sentiment was boosted by the NDA’s…
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Adani Stock: Genuine Success or Shell Company Scheme?
The content discusses the promoters of Adani Enterprises, noting that most foreign promoters are registered in Mauritius due to favorable tax treaties between India and Mauritius. The post raises concerns about potential stock price manipulation, as promoters are observed buying and selling shares in different Adani group companies. The author advises against investing in Adani,…
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Murthy Backs Six-Day Work Week Culture at Infosys
The content expresses frustration and criticism towards Indian entrepreneur Narayana Murthy, co-founder of Infosys, for his insistence on employees working maximum hours per week and his perceived lack of generosity towards them. Many commenters express disdain for Murthy’s approach to work-life balance, accusing him of prioritizing his own wealth and public image over the well-being…
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Adani Stocks: Ignore the Dip, Avoid the Purchase
The Adani Group, a major Indian conglomerate, is facing a massive investigation by the FBI, DOJ, and SEC for alleged white-collar crimes. This includes accusations of bribing Indian officials to secure solar contracts and deceiving US investors. The potential consequences for Adani include difficulty in raising funds, a brutal legal battle, and increased international scrutiny….
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Qualcomm’s $75M Settlement: Payment Update Details
Qualcomm, previously accused of anti-competitive practices in 2017, has agreed to pay $75M to settle a lawsuit filed by investors over stock drops caused by these allegations. The company was accused of offering reduced fees only to big companies like Apple. Notably, Qualcomm is now accepting claims after the deadline, allowing affected investors to check…
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Adani Shift: Breaking News Alters Strategy
The content discusses the potential impact of emerging allegations against Adani, a prominent figure, and how these allegations might overshadow other significant news events. The author suggests that this pattern is similar to a previous case involving the SEBI chairman in Kolkata. They speculate that various distractions, such as war news, big policy changes, or…