People dont ask about GMP...GMP is 0 as of now....If your study and knowledge provides any GMP apply or leave it..Try something else in secondary market
Highest bids received in QIB category, since January 2016, as per allotment data Avenue Supermarkets Limited - Rs 56,119 crores before rejection Cochin Shipyards Limited - Rs 45,486 crores before rejection Reliance Nippon Life Asset Management Limited - Rs 36,639 crores before rejection Godrej Agrovet Limited - Rs 35,636 crores before rejection AU Small Finance Bank Limited - Rs 34,359 crores valid bids Aster DM Healthcare Limited - Rs 490.07 crores QIB quota
Don''t apply for the ipo.. Very risky. If you are interested in investing health sector buy appollo, Narayana Hrudalaya which are available at lesser P/E in secondary market.
FM chahe SBI ko kitne bhi paise de de iska result nahi sudharne Wala... I guess SBI will tank on Monday. What do you guys think a good strategy: 1. Buy more and wait for long term. No idea how much looonng... 2. Book some loss but Exit.
Technical Analysis Suggests That it Is going upwards in the coming days but till when. No one can tell. In such cases, a period of 1 year should be kept in mind. However, it''s going to dive a bit in the coming week due to results and global signals, so dips should be taken as a buying opportunity in small quantities like 5, 10 etc. to average out.
This is SBI''s first such loss in 17 long years....And that''s despite the bank having The limit was hiked to Rs. 3000 ). Otherwise the loss could have been even worse...
Now the exchequer might impose an all new Bank Recapitalization Cess on all transactions or even actuate the ''Bail In'' provision in the newly crafted finance bill that authorizes the exchequer to confiscate the depositors money for the purpose of saving the banks from sinking which serves a greater purpose of nation building as with that money these banks can again lend to renowned industrialists ..
This is SBI''s first such loss in 17 long years....And that''s despite the bank having The limit was hiked to Rs. 3000 ). Otherwise the loss could have been even worse...
Now the exchequer might impose an all new Bank Recapitalization Cess on all transactions or even actuate the ''Bail In'' provision in the newly crafted finance bill that authorizes the exchequer to confiscate the depositors money for the purpose of saving the banks from sinking which serves a greater purpose of nation building as with that money these banks can again lend to renowned industrialists ..
Something amiss with message posting ..A part of the message is getting lost ....SBI charged their customers an unprecedented 1700 Cr for not maintaining the average monthly balance and still plunged into loss...
Some unique charges of SBI which other banks usually don''t charge.
(1)SBI charges account opening charge ! Strange but true. (2)Earlier this year SBI also charged account closing charge 500 + 18 % GST = 590 and that too after the completion of one full year. This charge again may reintroduce at 250 + GST 18 % = 295 from 1st April.April Fool Offer. (3) No Cheques leaves provided free of charge in any year subsequent to account opening.Only one cheque book provided at the time of account opening. (4) Earlier bank also charged online bill payment at 1 % of bill amount.Now charges or not, dont know.
Now the question is where all this money gone ? Is this the new way of legal curroption or gormint indulge in bindass loot ?
Govt abolishing PPF ACT in budget proposal and converting 10 scheme into saving bank act 1873 Post office saving ac,nat.saving monthly income,nat.saving RD, sukanya yojna,nat.saving time deposit,senior citizen saving scheme,kisan vikas yojna,PPF , NSC . Means saving on these fully unsecured ungauranted now .and if any psu bank declare bankrupt then deposit of above all will be forfeited for savior of bank . It seems some of psu bank may declare bankrupt like boi,uco,idbi,andhra ....
These bank''s balance sheets are like black holes in the ever expanding universe of NPAs.... ..they would suck in all the national wealth to the last penny and still remain empty.....
No matter how much LTCG tax is introduced..there is no alternatives of equities and Mutual fund.. liquidity will still increase and in long term market cap will increase.. @Anarchist has pointed out some really good points and strengthening of banking system seems far fetched. Cryptocurrencies are anyhow too risky. Real estate has already been into lot of troubles with increasing defaults from builders.. Media and politicians will keep us busy into beef, pork, triple talaaq, ram mandir and other trivia.
I believe with LTCG we are missing the larger issue.
Issue is not the 10% reduction in long term gains.
1. There is no incentive left in equity to remain a long term investors in a company. 2. It is expecting major portfolio churn will happened before 31st Mar with major increase in volatility. 3. There will be increase in short term and day traders and that would increase volatility further. 4. Money will move globally where more tax regime is favourable and economy is growing. 5. increase volatility will further lead to increase sensitivity to global markets. We can keep on going ...on and on but what is the point .....who is listening.