This is Day 81 of our option selling challenge plus market update.
It's a long form video today but in a few days it'll automatically be converted to a shorts.
Now we can have shorts on YouTube for upto 3 minutes.
This new feature will allow me to include market commentary alongwith the option challenge update.
Don't go on Paytm's headline numbers. It's not profitable. Profit is on the back of gains made from sale of its entertainment ticketing business to Zomato (~2000 crore).
Without this sale, its loss widened by 70% YoY. Revenue down 34% YoY.
HDFC Bank opens gap up after results
IndiaMART, Tata Consumer open gap down after results
These Stocks Might Crash on Monday | BIG NEWS on GST | Titan, Bata, VBL, ITC
https://youtu.be/CeiSJKBJLPw
domestic natural gas allocation to these companies has been reduced by 20% to around 50% by the government.
Читать полностью…Wipro Shares Double (1+1) | Wipro Bonus Shares News Today | Wipro Q2 Results Today
https://youtu.be/psPNEC0ROco
22 Oct 2024: Nifty Crashes Like Anything | Option Selling Challenge Day 81/365
https://youtu.be/iNOX7z52vKg
Results today:
Adani Energy, Adani Green, Amber, Bajaj Finance, Coforge, ICICI Pruli, Paytm, Persistent, SRF, VBL, Zomato
India's largest group of retail distributors, the All India Consumer Products Distributors Federation (AICPDF), has urged the Competition Commission of India (CCI) to investigate three prominent quick commerce companies—Zomato's Blinkit, Swiggy, and Zepto—for alleged predatory pricing practices. According to a report by Reuters citing a letter dated October 18, the AICPDF claims these companies are offering deep discounts and selling products below cost to attract customers, undermining traditional retail operations.
Читать полностью…Platinum, Elite and Emerald, please visit community section. Weekly F&O report has been posted.
It's going to be a very exciting month from here on as Q2 results are going on and US elections on 5th November.
Lots of opportunities to grab, a lot to learn and a lot to see how market unfold in next few weeks.
This move would mean they will have to import the remaining 50% gas, which is at a price 50-60% higher than domestic gas. This would mean unless these companies go ahead and increase CNG prices, they will have to take a margin hit, which will impact profits ultimately
Читать полностью…IGL, MGL in trouble. 20% cut in their gas allocation through the Administered Price Mechanism (APM).
Читать полностью…🎯 Axis Bank Q2 revenue up 18.3% YoY, up 3.7% QoQ. Profit up 19.1% YoY, up 14.8% QoQ.
🎯 Havells Q2 revenue up 17.2% YoY, down 21.3% QoQ. Profit up 7.2% YoY, down 34.4% QoQ.
🎯 Infosys Q2 revenue up 5.2% YoY, up 3.8% QoQ. Profit up 4.8% YoY, up 2.2% QoQ.
🎯 Nestle Q2 revenue up 0.8% YoY, up 5.3% QoQ. Profit down 0.9% YoY, up 20.5% QoQ.
🎯 Polycab Q2 revenue up 31.1% YoY, up 17.2% QoQ. Profit up 3.6% YoY, up 10.9% QoQ.
Emerald members, please visit community section. It's a weekly expiry today and market is about to close in 6 minutes
Читать полностью…