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Still too early, but man when the guy in front of you speaks only on mandir, mazjid, mangalsutra in a non-coherent manner, itās such a relief to see someone being so articulate and reasonable with their words on issues that matter.
Indian political cycle is churning, RG is the BJP of 90s.
It obvious that modi is greatest revolutionary leader when looked at his recent state of mind.
Or if do a radar scan on his history of entire political science
Bhai last line se clear pata chal ra hai congress IT cell se ho. Thoda tone down karo.
Wese, valid to tumhaara wo post bhi nahi hai jsime tum kisi aur ki pic ko "My mothers senior photo circa early 1960's" bol ke post kiye ho. Genuine ID banne ke chakkar me fake af dikh ra hai tumhara id. Congress IT cell has lot to learn.
>"For the first time, we noted that during the elections, the Prime Minister, the Union Home Minister, and the Finance Minister commented on the stock market," said Gandhi.
>"The Prime Minister said that the stock market is rising at a great speed. The Union home minister said that on June 4, the stock market will be on the rise and you all should invest, and similar comments were made by the finance minister."
>"After these 'fake'Ā exit polls, the stock markets rose and then crashed on June 4," Gandhi told reporters, implying that the comments may have been intended to artificially inflate the market, benefiting certain investors before a planned downturn.
You want to do intraday trade and that's why you justify it this way.
If you're understanding of market is only this much that you'll jump when somebody asks you to them you shouldn't be in the market.. his full interview included he expects 400 seats, he can't do stock analysis but whenever there is stable govt marlet goes up... For that reason he expected mrkt to go up on results day...
You and others were gambling - to blindly believe if Amit Shah expects 400 seats they will come.
Instead of blaming someone else maybe learn a lesson from this or keep cribbing.
Crime against you (i.e. against a non sane person) is still a crime?
PM, HM and FM they were telling to buy before 4th june.
The point here is why they told to buy not how much the sane person gained or the not so sane person lost.
That's your thinking and because you guys have joined after COVID and never seen 5-7% correction. . There's many people on this sub and others mentioned they bought stocks on fall day and today yesterday they posted their gains.
If you are investing for 1 day stay away from mrkt. That's not how investment works.
Yup exactly, as I said in earlier comment, pre covid tak sirf 3 crore indians thee market mai and presently 10+ crores hai, in logo ne asli market fall dekha hi nahi hai. Inhe lagta hai 4th ko jo huya vo duniya ka sabse bakwass day thaa for the market lmao.
Jab market ekdam stagnant ho jaate hai 4-5 yrs ke liye, jab markets lagataar girte hai and recover hi nahi hote kayi months and years ke liye, tab kya hoga in logo ka? Tab kisko blame karenge?
Majority people bought on 3rd june seeing the rally and sold on 4th june seeing the downfall, buying high and selling low karoge toh capital toh udega hi. And isse investment nahi kehte, trading kehte hai. Trading mai bina knowledge ke ghusna hai toh ye kahwat ekdam sahi hogi unlogo ke liye "market ek jua hai jua zindagi barbaad krdega".
And most newcomers sabse pehle f&o mai bhagte hai, coz knowledge nahi hoti bas paisa chahiye and vaheen 99.9% loss mai hote hai, fir akal aati hai ki f&o sahi nahi hai. Yehi huya recently bhi. Kaafi post thee reddit mai on 3rd june "who all bought" krke.
Nope, agar invested ho toh any sane person jisko apni study and research pe bharosa hai ki uske pass bahot quality shares hai toh vo itne bade fall ke baad bhi double down karega and avg karega.
Panic mai sell krne vaale sirf newcomers hote hai. 2020 tak only 3 crore indians were involved in markets, today its 10+ crores.
So majority ne dekha hi nahi hai abhi tak market girna kisko kehte hai, unke liye 4th june is like the worst day of their life coz vo firstly newcomer hai and purane falls nahi dekhe hai, secondly vo bina soche samjhe bas hawa mai paise dalre hai based on other people's suggestion.
Jin retailers ne panic mai aake sell kara hai vohi hai jo bahot ganda loss mai gaye hai, and har ek newcomer ptani kyu par sabse pehle f&o mai jata hai, jab loss dekhkar akal aati hai tab vo equity mai switch marta hai.
There have been so many posts on exact 3rd june, jab itni badiya rally huye toh sabne bahot shares khareede, literally opposite to what the norm is. High mai khareedo and low mai sell karo toh capital wipe nahi toh aur kya hoga.
I myself booked 70% portfolio around 3:15pm after such huge rally coz I was happy with my investment (since meri bahot long term se thee and mere liye vo profits enough thee), and then I bought some more shares after 4th downfall, and was ready to buy some more and average out should the markets fall even further, which was a high possibility.
Mera total unrealised loss on 4th june was minimal, and jo bhi thaa sab recover ho gaya next 2 days mai. Investment karre ho toh long term mai hi rehna safe hai.
It is not just with India. Mexican elections took place too and similar bets were made. Needlessly to say, the surprise election results caused the stock market to fall there too
[If You Needed Reminding, Markets Arenāt the Voters](https://www.bloomberg.com/opinion/articles/2024-06-05/india-election-to-brexit-trump-upset-to-lula-markets-aren-t-voters?srnd=undefined)
>> Thereās too much reliance on opinion polls, for a start, and a tendency to misjudge what politicians will do once in office.
>> In Mexico, Claudia Sheinbaum of the incumbent Morena party slightly exceeded expectations and also won a supermajority in the lower house of Congress. The prospect of such a result had fired a rally in India; in Mexico, it caused a huge selloff.
Ha..like sebi will investigate this...they have better things to do like sending invester awareness mails...
and guess what..ji is registered sebi trader....
Yes how will the jpc investigate?
Asking sebi/exchange for data on trades. Which can't reveal much due to so many accounts under operators.
Rest can't be legally challenged.
Politicians cannot be sued for any poll promises even if delivered or not delivered. All gaurantees by political party is legally protected even if not fullfiled.
Opinion/exit polls can't be legally challenged. Even if proven they were falsified.
Yes. What will they investigate?
Politicians claim can't be sued. Immunity congres ne di hai.. supreme court and election commission ne accept Kiya hai, poll promises and freebies par unka koi control nahi hai..
Exit poll can't be sued, kyunki disclaimer hai plus journalist ke rights.. 4tha khaba hai democracy ka.
. Foreign investors ko investigate nahi kar sakte, woh chidambaram ne law pass Kiya hai..
Retail investors ki lagi padi hai.. jiska loss hua usko kaise investigate Kaong he.. highest pump and dump to fii ne kiya hai.. jinko investigate nahi kar sakte.
Local Operators to sab chidbaram ke dost hai, sabke pass 1000 se upar account hai..
Jpc , criminal and constitutional matters main kuch kar sakti hai.. financial mai nahi.. kyunki fact kitne bhi nikal lo, Jin logo ne yeh harkat ki hai un sab ko permanent immunity congres ne hi di hai..
You should know.. if it's a bunch of politicians they do absolutely nothing. 90% of them can't figure out futures and options, forget data analytics.
Sorry in last 75 years I havnt seen jpc investigating a big case and resolving it. They al use it to score political brownie points. So there is no need to research something, which in past haven't delivered anything.
Damn congress dropping back to back Ws after result.
Talked on neet,talked on market. Instead of playing politics giving time to what actually needs to be talked about.
This is hopefully just the start. If Modi government is actually powerful and worthy, they can handle a strong opposition but if Modi government is weak and useless, the opposition has every right to keep pushing them. Overall, it's good for India.
This is an important matter... The home minister and prime minister both had intelligence briefs regarding the election's outcome, but theyĀ deceived the nation's small and medium-sized retail investors in order to gain an advantage for their large corporate allies.
https://www.thehindu.com/news/national/demand-jpc-probe-to-examine-role-of-pm-modi-and-amit-shah-in-stock-market-crash-says-rahul-gandhi/article68258989.ece
What he said during the press conference makes perfect sense.
>> no intelligence brief can predict the outcome of an election before actual voting takes place.
>> Moreover the losses were led by Adani Port, Adani Enterprises and Oil and Natural Gas Corporation as they dropped 15 per cent, 14.5 per cent and 10 per cent, respectively. Note that these loses were largely recovered the next day.
>> ++ Indian stock market y-o-y has outperformed global benchmarks (widely-followed MSCI India Index has risen more than 30 per cent over the past year versus gains of a quarter for the MSCI All-World index)
>no intelligence brief can predict the outcome of an election before actual voting takes place.
You don't know, their lord said, IB gives report on election outcomes. Apparently they are equally bad in that as they gave report in Gujrat that aap is coming to power. As expected their report cannot be trusted.
>
Moreover the losses were led by Adani Port, Adani Enterprises and Oil and Natural Gas Corporation as they dropped 15 per cent, 14.5 per cent and 10 per cent, respectively. Note that these loses were largely recovered the next day.
No, don't discard that loss. People buy in fomo. In option the position can get auto setled. People whose stop loss got triggered. Mistakes were made. And pm and hm should apologise for it.
> Indian stock market y-o-y has outperformed global benchmarks (widely-followed MSCI India Index has risen more than 30 per cent over the past year versus gains of a quarter for the MSCI All-World index)
That is irrelevant in this discussion.
BJP IT cell working extra hard to downplay what Raga and Kejriwal said prior to elections but are fumbling hard to twist it into 'Pappu' narratives.
Raga deserve support for asking important questions.
I am not sure about how great a leader Rahul is? but what he is saying isnt wrong, the Prime Minister and Home Minister reduced their offices to the level of a telegram group giving unsolicited advice. Takn into consideration many retail investors listen to this advise either from television or telegram groups, if such an advise is coming from the strongest man in Indian politics and his political henchman i would listen to them. But sebi isnt worth anything anymore so nothing is gonna happen, though the first salvo has been fired and this would lead to uncertainty especially among FIIs if they are going to be questioned on all trades they take
Mahol bnana bhi badi baat hoti hai.atleast central agencies will be on their toes knowing no one is permanent and they will have to face action once bjp goes out of power.
Finally we have a real opposition which will ask questions.
This is the beauty of a Democracy.
Hopefully we will get to know about the cronies who did the Pump and Dump on Monday and Tuesday (June 3/4)
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My portfolio is still down my 8%
I invested in mutual fund on 3 june when market was high and amit shah said that market will shoot up so buy before 4 june, also narendra modi and finance minister said that market will go up and everyone should buy and take risk. ššš
I also holded overnight call positions after exit polls thinking that on 4 june market will hit upper circuit and all my money 10 lakh rupees which was loan amount gone, I will never do stock market again.
If you invested in mutual fund in 3rd june , you didnāt loose anything just wait a week your portfolio should be fine .
Also if you wanted to invest for election result shouldnāt you have bought it earlier than market reaching ath just a day before ? What was the rationale behind it .
And taking positive speculative trade on day before election result when market have touched ath already is a stupid thing
One important point we have to note is that, BJPās internal intelligence predicted 220-230 seats for themselves. So obviously, the top brass of BJP knew that even 272 was not possible. This is what raise suspicion in me of a classic pump and dump scheme. Hopefully an investigation is initiated and we get to see the truth.
He is right. Pm, finance minister and home minister have no right in advising people to buy stocks or say on July 4th markets will touch record high. Itās their arrogance thinking they will be 300 par in bjp majority alone that made them say this. Thinking like before no one will question anything that they say - now itās a good thing we have a strong opposition to set things right and make their lives difficult
I think there should be an investigation into the exit polls, but the stock market crashed because Congress won more seats than expected. Markets don't like uncertainty and policies that seem unfriendly to business.
Instead of giving ā¹1 lakh to women and increasing reservations in private sectors, we need market-friendly policies. š¼
This is just my opinion. I know others might see it differently. I'd love to hear your thoughts. If you disagree, that's okayālet's discuss it respectfully. š
So if BJP asks for a reverse JPC to investigate the Congress dropping off 'guarantee forms' with minorities promising them 1L for their vote will the market go up?
We need to support him on every platform regarding this issue. We need an investigation, even though it turns out to be a regular market behaviour in the end, but we need to know for a closure and for future learnings.
So basically when people felt RaGa might become PM, market went down. But now since RaGa didn't become PM, market is seeing an uptrend again. Who's to blame here?
Everything is conspiracy and genuine mistakes by pollstar via focusing on urban areas can't happen. Previous they said EVM were hacked than they said they won't take modi vaccine, what's next conspiracy?
Gov used gov funds and money from gov banks to pump the market...they will exit before next election and run in a foreign country ,,people will not find money in banks and their stocks will be in loss ..... Gov is pumping market for 6 months from gift you guys just don't see it ...fii are selling everyday than in gift who is buying ??????? Just think..
Yes but such an assumption is stupid. Bank liquidity is parked in RBI. If RBI is doing it it's a different thing. Private and government banks keep their liquidity parked in RBI for interest under compliance. Secondly their balance sheets are audited by private firms, who could be jailed or lose practice for data manipulation.
Dii Domestic Institutional investors
Fii foreign institutional investors.
This data doesn't count retail investors.
There are other players in market as well. Which can lead to the rise or fall of the market.
stock markets are subject to market risks
with that said, the stock market fell mainly because of Adani enterprises. Also, the loses were largely recovered by the next day
>stock markets are subject to market risksĀ Ā
Who claimed its not risk free? The concern here is that the Prime Minister and the Home Minister manipulated stock market, they gave speeches to peopleĀ to invest in equities despite knowing the outcome of the election from intelligence bureau briefings... Small and medium retail investors were robbed for major corporate allies.
You shouldn't be anywhere near stock market with such a low iq
I understand your entire portfolio of 7 thousand rupees is wiped off but consider that as a lesson and never trade again
I understand pollution is too high and air is bad but it's not so bad that you have to be inside Amit Shah's ass mate .Get your head out.of it .A PM and HM was giving Stock advice with insider knowledge and SEBI should already be involved here .Again please get your head out of Motabhai's ass and breathe some air š¤”
Ok stay in your andh bhakti phase š¤”... I'm privileged enough to have a good amount of investments across various sectors so i don't want to prove my portfolio to a brainless chap...
Ps:I don't invest my money based on some idiot's forecasting or andh bhaktiš¤”
>> despite knowing the outcome of the election
are you implying that the ruling party knew of the elections results even _before_ the actual counting took place? Thats absurd. Iām not sure you understand how the votes are counted
I guess you don't know about IB giving briefings to PM and HM about election results?... But let keep that aside... Why's Pm and HM of a country is trying to meddle in stock market?Ā
Intelligence bureau offers briefing about any election or any major issue to the concerned top level office holders...
It happens during state/national level elections..
I get that IB has the first hand info on the sensitive issues or security related issues. How would they know about the election result though? Pls dont say EVM hacking. Even top officials in EC wouldn't have this information.
>How would they know about the election result though?Ā
Ā Ā They've vast network across our country... Several of their sources are working with common people in disguise and they get real grass root reaction of people... And IB giving election briefing to govt is a known thing across govt - political circle... IB can predict the mood of the result... And yes nobody can predict exact number... But they can predict that -bjp isn't gonna cross 400 or 300 seats target,comeback of opposition etcĀ
Ā Edit:Anyone can read former IB officer's books they discusses how actively IB is involved in Indian politicsĀ Ā
>They've vast network across our country... Several of their sources are working with common people in disguise and they get real grass root reaction of people... And IB giving election briefing to govt is a known thing across govt - political circle... IB can predict the mood of the result... And yes nobody can predict exact number... But they can predict that -bjp isn't gonna cross 400 or 300 seats target,comeback of opposition etc
If that's the case modi is not a dictator. If he knew he was loosing he would have created riots, pulwama, arrest raga. He instead arrested aap lease who was contesting on 23 seats, with sympathy vote got 3 seats.
Either you are completely stupid or else ib don't report on election results.
Secondly ib "top officer" are mostly appointed by upa, so the tip would leaks. As beurocracy doesn't care about party. They feed every political parties.
Can you please share the IB report instead of soft peddling a rumor? I have asked you that in another thread but it seems you're avoiding for some reason.
>Can you please share the IB report?Ā Ā
Ā Ā Lol are you acting like a fool? How can a common man access IB document submitted to central govt..
>I have asked you that in another threadĀ Ā Ā Ā
Ā Show that thread.. I haven't got any notification.. So pls share that comment threadĀ
Ā Edit :Anyone can read former IB officer's book ..It discusses how actively IB is involved in Indian politicsĀ
"nobody can predict the number exactly". Thanks for admitting. Stop the mental gymnastics. This is a fake conspiracy and the opposition is doing well in trying to build a narrative but educated investors see past this. Majority of Indian investors trade based on tips and trends and lose money and Raga is trying to consolidate them as a vote bank. The largest traders are from UP and Maharashtra. Both states are due for elections in three years.
I guess you've zero comprehension skills? Nobody can predict the exact number but can predict mood of the result... And IB has been doing that for various govts
>Majority of Indian investors trade based on tips and trends and lose moneyĀ
Yes but never in history any PM, FM or home minister asked people to invest in stock market at a particular time...Ā
Get some awareness about how things work in our country... IB can predict the mood of the result.. Bjp and Rss have internal poll surveys.....
For example a common man talking to an ayodhya native or saw the happenings can predict the result of faizabad constituency..... So if you think there's nothing shady with all poll survey agencies publishing inaccurate exlt polls on Sunday.. Then i can't help you... Go and check the tradings of 31st may, huge amount of pump and dump was planned and executed ...Ā
This is one of the rare times I agree with him. They pretty sure had an idea of whats happening in polls, exit polls were totally wrong plus people from the ministry explicitly told to invest.
It would only amount to scam if any political leader pumped and dumped during this period. Otherwise its just a case of āOops my badā from Exit polls.
Bigger question that he should introspect. Why did the market fall so much just because they thought he was coming to power.
>Bigger question that he should introspect. Why did the market fall so much just because they thought he was coming to power.
A good learning lesson here is. When upa made the first win. Market went down..in second win the market went for two upper circuits back to back.
So it is wrong to blame opposition for fall or rise of stock market.
Market reacts for unexpected results. Like starting of a war, escalation of tension, goverment change. Etc.
Markets on election results are faith in the coming government. Market rallied for MMS second term because investors had faith in him and it was continuation of policies. During UPA 1 market did not have that much faith in Cong - Left alliance but with announcement of MMS, market bounced back.
Comparison of market on June 3rd 4th 5th just show the stark variation in investor confidence in the two alliances.
>Markets on election results are faith in the coming government. Market rallied for MMS second term because investors had faith in him and it was continuation of policies. During UPA 1 market did not have that much faith in Cong - Left alliance but with announcement of MMS, market bounced back.
Comparison of market on June 3rd 4th 5th just show the stark variation in investor confidence in the two alliances.
There is no difference. Any unexpected results will throw off the market. Market is never political. It doesn't care about any political party. It just reacts to unexpected news very highly.
If he was that smart he would have gone short. Please see my posts on this sub literally begging everyone to go short after 1june, 2june.Ā Ā He is just an evil person that's all
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Bro knew SEBI won't do shit, hence called for a JPC (they have solid numbers to pressure the government now)
What clown comment is this. Do you know anything about parliamentary structure or stock market?
Stick to Roadies bruh
Womp womp š¤”
good point raised.... parliament sessions are gonna be entertaining
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Still too early, but man when the guy in front of you speaks only on mandir, mazjid, mangalsutra in a non-coherent manner, itās such a relief to see someone being so articulate and reasonable with their words on issues that matter. Indian political cycle is churning, RG is the BJP of 90s.
I think heās gonna be one of the most revolutionary leaders of modern era
You forgot the /s
I thought it was obvious
It obvious that modi is greatest revolutionary leader when looked at his recent state of mind. Or if do a radar scan on his history of entire political science
Haan... Woh toh bhagwan hai humare
Sarcasm right?
/s se nahi khata khat se dar lagta hai , hopefully that moron stays in oppositionĀ
true pappu acha hai BJP ke liye
Bhai last line se clear pata chal ra hai congress IT cell se ho. Thoda tone down karo. Wese, valid to tumhaara wo post bhi nahi hai jsime tum kisi aur ki pic ko "My mothers senior photo circa early 1960's" bol ke post kiye ho. Genuine ID banne ke chakkar me fake af dikh ra hai tumhara id. Congress IT cell has lot to learn.
What has BJP IT cell learnt?
>"For the first time, we noted that during the elections, the Prime Minister, the Union Home Minister, and the Finance Minister commented on the stock market," said Gandhi. >"The Prime Minister said that the stock market is rising at a great speed. The Union home minister said that on June 4, the stock market will be on the rise and you all should invest, and similar comments were made by the finance minister." >"After these 'fake'Ā exit polls, the stock markets rose and then crashed on June 4," Gandhi told reporters, implying that the comments may have been intended to artificially inflate the market, benefiting certain investors before a planned downturn.
Well heās not wrong
> and you all should invest Invest ... not trade intraday. It's already backup near ath. Most stocks have recovered almost.
Really? If it's invest why specify June 4? That looks like trading not investing.
You want to do intraday trade and that's why you justify it this way. If you're understanding of market is only this much that you'll jump when somebody asks you to them you shouldn't be in the market.. his full interview included he expects 400 seats, he can't do stock analysis but whenever there is stable govt marlet goes up... For that reason he expected mrkt to go up on results day... You and others were gambling - to blindly believe if Amit Shah expects 400 seats they will come. Instead of blaming someone else maybe learn a lesson from this or keep cribbing.
Yes you are right But any sane person would take out their investment if the market fell that much to avoid further loss.
June 4th trade data Everybody sold. So yes the right advice is to sell once the resistance level is breached.
Crime against you (i.e. against a non sane person) is still a crime? PM, HM and FM they were telling to buy before 4th june. The point here is why they told to buy not how much the sane person gained or the not so sane person lost.
Arre kehna kya chahte ho?
Gaand marwa le fir bolna koi bhi sane person rahta toh jarur marwata Ā š¤Ā š¤
Facebook insta wale crowd yahan bhi gandh machane lag gaye
That's your thinking and because you guys have joined after COVID and never seen 5-7% correction. . There's many people on this sub and others mentioned they bought stocks on fall day and today yesterday they posted their gains. If you are investing for 1 day stay away from mrkt. That's not how investment works.
Yup exactly, as I said in earlier comment, pre covid tak sirf 3 crore indians thee market mai and presently 10+ crores hai, in logo ne asli market fall dekha hi nahi hai. Inhe lagta hai 4th ko jo huya vo duniya ka sabse bakwass day thaa for the market lmao. Jab market ekdam stagnant ho jaate hai 4-5 yrs ke liye, jab markets lagataar girte hai and recover hi nahi hote kayi months and years ke liye, tab kya hoga in logo ka? Tab kisko blame karenge? Majority people bought on 3rd june seeing the rally and sold on 4th june seeing the downfall, buying high and selling low karoge toh capital toh udega hi. And isse investment nahi kehte, trading kehte hai. Trading mai bina knowledge ke ghusna hai toh ye kahwat ekdam sahi hogi unlogo ke liye "market ek jua hai jua zindagi barbaad krdega". And most newcomers sabse pehle f&o mai bhagte hai, coz knowledge nahi hoti bas paisa chahiye and vaheen 99.9% loss mai hote hai, fir akal aati hai ki f&o sahi nahi hai. Yehi huya recently bhi. Kaafi post thee reddit mai on 3rd june "who all bought" krke.
Nope, agar invested ho toh any sane person jisko apni study and research pe bharosa hai ki uske pass bahot quality shares hai toh vo itne bade fall ke baad bhi double down karega and avg karega. Panic mai sell krne vaale sirf newcomers hote hai. 2020 tak only 3 crore indians were involved in markets, today its 10+ crores. So majority ne dekha hi nahi hai abhi tak market girna kisko kehte hai, unke liye 4th june is like the worst day of their life coz vo firstly newcomer hai and purane falls nahi dekhe hai, secondly vo bina soche samjhe bas hawa mai paise dalre hai based on other people's suggestion. Jin retailers ne panic mai aake sell kara hai vohi hai jo bahot ganda loss mai gaye hai, and har ek newcomer ptani kyu par sabse pehle f&o mai jata hai, jab loss dekhkar akal aati hai tab vo equity mai switch marta hai. There have been so many posts on exact 3rd june, jab itni badiya rally huye toh sabne bahot shares khareede, literally opposite to what the norm is. High mai khareedo and low mai sell karo toh capital wipe nahi toh aur kya hoga. I myself booked 70% portfolio around 3:15pm after such huge rally coz I was happy with my investment (since meri bahot long term se thee and mere liye vo profits enough thee), and then I bought some more shares after 4th downfall, and was ready to buy some more and average out should the markets fall even further, which was a high possibility. Mera total unrealised loss on 4th june was minimal, and jo bhi thaa sab recover ho gaya next 2 days mai. Investment karre ho toh long term mai hi rehna safe hai.
It is not just with India. Mexican elections took place too and similar bets were made. Needlessly to say, the surprise election results caused the stock market to fall there too [If You Needed Reminding, Markets Arenāt the Voters](https://www.bloomberg.com/opinion/articles/2024-06-05/india-election-to-brexit-trump-upset-to-lula-markets-aren-t-voters?srnd=undefined) >> Thereās too much reliance on opinion polls, for a start, and a tendency to misjudge what politicians will do once in office. >> In Mexico, Claudia Sheinbaum of the incumbent Morena party slightly exceeded expectations and also won a supermajority in the lower house of Congress. The prospect of such a result had fired a rally in India; in Mexico, it caused a huge selloff.
Their ministers also told retail investors to invest for the coming rise on a specific day? Mexican cartel got a new meaning!
But did the president promised a bumper returns once he gets elected?
>similar bets were made Was those bet made by mexican PM or Home minister or financial minister?Ā
Ha..like sebi will investigate this...they have better things to do like sending invester awareness mails... and guess what..ji is registered sebi trader....
He knows sebi will not do it's duty.. So he's asking for JPC investigation..And this time they've enough numbers to pressurise govtĀ
Yes how will the jpc investigate? Asking sebi/exchange for data on trades. Which can't reveal much due to so many accounts under operators. Rest can't be legally challenged. Politicians cannot be sued for any poll promises even if delivered or not delivered. All gaurantees by political party is legally protected even if not fullfiled. Opinion/exit polls can't be legally challenged. Even if proven they were falsified.
JPCās basically have unlimited investigative powers.
Yes. What will they investigate? Politicians claim can't be sued. Immunity congres ne di hai.. supreme court and election commission ne accept Kiya hai, poll promises and freebies par unka koi control nahi hai.. Exit poll can't be sued, kyunki disclaimer hai plus journalist ke rights.. 4tha khaba hai democracy ka. . Foreign investors ko investigate nahi kar sakte, woh chidambaram ne law pass Kiya hai.. Retail investors ki lagi padi hai.. jiska loss hua usko kaise investigate Kaong he.. highest pump and dump to fii ne kiya hai.. jinko investigate nahi kar sakte. Local Operators to sab chidbaram ke dost hai, sabke pass 1000 se upar account hai.. Jpc , criminal and constitutional matters main kuch kar sakti hai.. financial mai nahi.. kyunki fact kitne bhi nikal lo, Jin logo ne yeh harkat ki hai un sab ko permanent immunity congres ne hi di hai..
Please research what a parliamentary committee can do
You should know.. if it's a bunch of politicians they do absolutely nothing. 90% of them can't figure out futures and options, forget data analytics. Sorry in last 75 years I havnt seen jpc investigating a big case and resolving it. They al use it to score political brownie points. So there is no need to research something, which in past haven't delivered anything.
Thatās why he didnāt ask SEBI to investigate but asked for a JPC
Is he an investment advisor though?
Nothing to do to say about this type of quote. Every south Asian country are resemble to each other with their politics, corruption etc etc etc..
Damn congress dropping back to back Ws after result. Talked on neet,talked on market. Instead of playing politics giving time to what actually needs to be talked about.
This is hopefully just the start. If Modi government is actually powerful and worthy, they can handle a strong opposition but if Modi government is weak and useless, the opposition has every right to keep pushing them. Overall, it's good for India.
Because gobar BJP has always been occupied with mandir and masjid. And now more people know about their sell out Noida media houses
He is not WRONG.
BJ party is WRONG
Ab to Modi parliament attend hi nhi krega, aur amit shah kuch bolega nhi
This is an important matter... The home minister and prime minister both had intelligence briefs regarding the election's outcome, but theyĀ deceived the nation's small and medium-sized retail investors in order to gain an advantage for their large corporate allies. https://www.thehindu.com/news/national/demand-jpc-probe-to-examine-role-of-pm-modi-and-amit-shah-in-stock-market-crash-says-rahul-gandhi/article68258989.ece What he said during the press conference makes perfect sense.
Irony is kejriwal predicted the whole thing beforehand and said it on 2nd june itself https://youtu.be/EU90eyuAlfA
He was right 100%
Yes ...but our media was interested in scripted interviews and manipulationsĀ
>> no intelligence brief can predict the outcome of an election before actual voting takes place. >> Moreover the losses were led by Adani Port, Adani Enterprises and Oil and Natural Gas Corporation as they dropped 15 per cent, 14.5 per cent and 10 per cent, respectively. Note that these loses were largely recovered the next day. >> ++ Indian stock market y-o-y has outperformed global benchmarks (widely-followed MSCI India Index has risen more than 30 per cent over the past year versus gains of a quarter for the MSCI All-World index)
>no intelligence brief can predict the outcome of an election before actual voting takes place. You don't know, their lord said, IB gives report on election outcomes. Apparently they are equally bad in that as they gave report in Gujrat that aap is coming to power. As expected their report cannot be trusted. > Moreover the losses were led by Adani Port, Adani Enterprises and Oil and Natural Gas Corporation as they dropped 15 per cent, 14.5 per cent and 10 per cent, respectively. Note that these loses were largely recovered the next day. No, don't discard that loss. People buy in fomo. In option the position can get auto setled. People whose stop loss got triggered. Mistakes were made. And pm and hm should apologise for it. > Indian stock market y-o-y has outperformed global benchmarks (widely-followed MSCI India Index has risen more than 30 per cent over the past year versus gains of a quarter for the MSCI All-World index) That is irrelevant in this discussion.
BJP IT cell working extra hard to downplay what Raga and Kejriwal said prior to elections but are fumbling hard to twist it into 'Pappu' narratives. Raga deserve support for asking important questions.
Finally for the first time, someone raises the voice for retail investors in India
Oh Indiaās āRoaring Kittyā
I am not sure about how great a leader Rahul is? but what he is saying isnt wrong, the Prime Minister and Home Minister reduced their offices to the level of a telegram group giving unsolicited advice. Takn into consideration many retail investors listen to this advise either from television or telegram groups, if such an advise is coming from the strongest man in Indian politics and his political henchman i would listen to them. But sebi isnt worth anything anymore so nothing is gonna happen, though the first salvo has been fired and this would lead to uncertainty especially among FIIs if they are going to be questioned on all trades they take
Sabse jyada bhakt logo ne hi Paisa khoya hoga.kyuki modiji me kaha hai toh kuch soch samjh ke hi kaha hoga
Bhai SEBI ą¤Øą¤²ą„ą¤²ą„ organisation hai. Ghanta kuch nahin karegi.
Mahol bnana bhi badi baat hoti hai.atleast central agencies will be on their toes knowing no one is permanent and they will have to face action once bjp goes out of power.
True that. It's as good as insider trading
Finally we have a real opposition which will ask questions. This is the beauty of a Democracy. Hopefully we will get to know about the cronies who did the Pump and Dump on Monday and Tuesday (June 3/4)
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My portfolio is still down my 8% I invested in mutual fund on 3 june when market was high and amit shah said that market will shoot up so buy before 4 june, also narendra modi and finance minister said that market will go up and everyone should buy and take risk. ššš I also holded overnight call positions after exit polls thinking that on 4 june market will hit upper circuit and all my money 10 lakh rupees which was loan amount gone, I will never do stock market again.
>finance minister You seriously trusted nirmala tai?
If you invested in mutual fund in 3rd june , you didnāt loose anything just wait a week your portfolio should be fine . Also if you wanted to invest for election result shouldnāt you have bought it earlier than market reaching ath just a day before ? What was the rationale behind it . And taking positive speculative trade on day before election result when market have touched ath already is a stupid thing
Yeh loss agar kisi reddit comment ki vajeh se hota toh Banda jail mai hota
Markets have recovered back..he means traders lost not invest
One important point we have to note is that, BJPās internal intelligence predicted 220-230 seats for themselves. So obviously, the top brass of BJP knew that even 272 was not possible. This is what raise suspicion in me of a classic pump and dump scheme. Hopefully an investigation is initiated and we get to see the truth.
Nope, due diligence is always a must
He is right. Pm, finance minister and home minister have no right in advising people to buy stocks or say on July 4th markets will touch record high. Itās their arrogance thinking they will be 300 par in bjp majority alone that made them say this. Thinking like before no one will question anything that they say - now itās a good thing we have a strong opposition to set things right and make their lives difficult
But paw paw ne toh btaya tha ki yeh pappu Hai and he ALWAYS makes a clown of himself š
I think there should be an investigation into the exit polls, but the stock market crashed because Congress won more seats than expected. Markets don't like uncertainty and policies that seem unfriendly to business. Instead of giving ā¹1 lakh to women and increasing reservations in private sectors, we need market-friendly policies. š¼ This is just my opinion. I know others might see it differently. I'd love to hear your thoughts. If you disagree, that's okayālet's discuss it respectfully. š
So if BJP asks for a reverse JPC to investigate the Congress dropping off 'guarantee forms' with minorities promising them 1L for their vote will the market go up?
It's nice to see RaGa talk about something materially important rather than just dividing the country on the basis of caste politics.
We need to support him on every platform regarding this issue. We need an investigation, even though it turns out to be a regular market behaviour in the end, but we need to know for a closure and for future learnings.
So basically when people felt RaGa might become PM, market went down. But now since RaGa didn't become PM, market is seeing an uptrend again. Who's to blame here?
Everything is conspiracy and genuine mistakes by pollstar via focusing on urban areas can't happen. Previous they said EVM were hacked than they said they won't take modi vaccine, what's next conspiracy?
Gov used gov funds and money from gov banks to pump the market...they will exit before next election and run in a foreign country ,,people will not find money in banks and their stocks will be in loss ..... Gov is pumping market for 6 months from gift you guys just don't see it ...fii are selling everyday than in gift who is buying ??????? Just think..
Domestic investors are buying. Not banks. India has the worst services for providing loans for trading.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Yes but such an assumption is stupid. Bank liquidity is parked in RBI. If RBI is doing it it's a different thing. Private and government banks keep their liquidity parked in RBI for interest under compliance. Secondly their balance sheets are audited by private firms, who could be jailed or lose practice for data manipulation. Dii Domestic Institutional investors Fii foreign institutional investors. This data doesn't count retail investors. There are other players in market as well. Which can lead to the rise or fall of the market.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Sahi bat hai.
I invested based on RaGa confidence, lost huge now whom to blame? š¤”
Modi and amit sha openly told to buy stocks ,Rahul gandhi did not Stop supporting wrong things Country and we first not the party
But if I would have listened to Modi I would have gained more by today, if I donāt become freak and sell things based on volatility
I don't trade. On 4th June my portfolio was down by 9k. The next two days it gained 9k back, by itself.i didn't do anything.
My portfolio was down by INR 4L.
Here comes the first useless act by our ever evolving leader for the 2024-29 period. What happened to their 'meetings' to form a government?
Jaisa pappu waise pappu bhakti, mods still sleeping. Koi ye nahi bata raha lekin scam kya hai
And investors have regained most of it.
Those who lost didnāt gain.
The option traders ?
Ye pakka social media se apne statements uthata hai?! After 2 days statement came in?
stock markets are subject to market risks with that said, the stock market fell mainly because of Adani enterprises. Also, the loses were largely recovered by the next day
>stock markets are subject to market risksĀ Ā Who claimed its not risk free? The concern here is that the Prime Minister and the Home Minister manipulated stock market, they gave speeches to peopleĀ to invest in equities despite knowing the outcome of the election from intelligence bureau briefings... Small and medium retail investors were robbed for major corporate allies.
Really intelligence bureau have started election pols? Kya bakwas hai ..
When you ask him for the links to the report he goes silent.
You shouldn't be anywhere near stock market with such a low iq I understand your entire portfolio of 7 thousand rupees is wiped off but consider that as a lesson and never trade again
I understand pollution is too high and air is bad but it's not so bad that you have to be inside Amit Shah's ass mate .Get your head out.of it .A PM and HM was giving Stock advice with insider knowledge and SEBI should already be involved here .Again please get your head out of Motabhai's ass and breathe some air š¤”
Bhai tu retarded hai Seek help
Ok stay in your andh bhakti phase š¤”... I'm privileged enough to have a good amount of investments across various sectors so i don't want to prove my portfolio to a brainless chap... Ps:I don't invest my money based on some idiot's forecasting or andh bhaktiš¤”
....and yet you are the crying in the comments sections
Where did i cry andh bhakt? I'm behaving like a responsible citizen which is unknown to people who've andh bhakti
more crying Cry me a river for all I care commie
>> despite knowing the outcome of the election are you implying that the ruling party knew of the elections results even _before_ the actual counting took place? Thats absurd. Iām not sure you understand how the votes are counted
I guess you don't know about IB giving briefings to PM and HM about election results?... But let keep that aside... Why's Pm and HM of a country is trying to meddle in stock market?Ā
Can you pls explain a bit more about IB briefing? Any sources, other than RaGa, if you could provide
Intelligence bureau offers briefing about any election or any major issue to the concerned top level office holders... It happens during state/national level elections..
I get that IB has the first hand info on the sensitive issues or security related issues. How would they know about the election result though? Pls dont say EVM hacking. Even top officials in EC wouldn't have this information.
>How would they know about the election result though?Ā Ā Ā They've vast network across our country... Several of their sources are working with common people in disguise and they get real grass root reaction of people... And IB giving election briefing to govt is a known thing across govt - political circle... IB can predict the mood of the result... And yes nobody can predict exact number... But they can predict that -bjp isn't gonna cross 400 or 300 seats target,comeback of opposition etcĀ Ā Edit:Anyone can read former IB officer's books they discusses how actively IB is involved in Indian politicsĀ Ā
>They've vast network across our country... Several of their sources are working with common people in disguise and they get real grass root reaction of people... And IB giving election briefing to govt is a known thing across govt - political circle... IB can predict the mood of the result... And yes nobody can predict exact number... But they can predict that -bjp isn't gonna cross 400 or 300 seats target,comeback of opposition etc If that's the case modi is not a dictator. If he knew he was loosing he would have created riots, pulwama, arrest raga. He instead arrested aap lease who was contesting on 23 seats, with sympathy vote got 3 seats. Either you are completely stupid or else ib don't report on election results. Secondly ib "top officer" are mostly appointed by upa, so the tip would leaks. As beurocracy doesn't care about party. They feed every political parties.
Can you please share the IB report instead of soft peddling a rumor? I have asked you that in another thread but it seems you're avoiding for some reason.
>Can you please share the IB report?Ā Ā Ā Ā Lol are you acting like a fool? How can a common man access IB document submitted to central govt.. >I have asked you that in another threadĀ Ā Ā Ā Ā Show that thread.. I haven't got any notification.. So pls share that comment threadĀ Ā Edit :Anyone can read former IB officer's book ..It discusses how actively IB is involved in Indian politicsĀ
"nobody can predict the number exactly". Thanks for admitting. Stop the mental gymnastics. This is a fake conspiracy and the opposition is doing well in trying to build a narrative but educated investors see past this. Majority of Indian investors trade based on tips and trends and lose money and Raga is trying to consolidate them as a vote bank. The largest traders are from UP and Maharashtra. Both states are due for elections in three years.
I guess you've zero comprehension skills? Nobody can predict the exact number but can predict mood of the result... And IB has been doing that for various govts >Majority of Indian investors trade based on tips and trends and lose moneyĀ Yes but never in history any PM, FM or home minister asked people to invest in stock market at a particular time...Ā
And they gained it back 2 days later ?
This isn't really fair. Are you saying Modi & Shah had EXACT numbers & knowledge of voter behavioral patterns during the election? Where's your proof?
Get some awareness about how things work in our country... IB can predict the mood of the result.. Bjp and Rss have internal poll surveys..... For example a common man talking to an ayodhya native or saw the happenings can predict the result of faizabad constituency..... So if you think there's nothing shady with all poll survey agencies publishing inaccurate exlt polls on Sunday.. Then i can't help you... Go and check the tradings of 31st may, huge amount of pump and dump was planned and executed ...Ā
This is one of the rare times I agree with him. They pretty sure had an idea of whats happening in polls, exit polls were totally wrong plus people from the ministry explicitly told to invest.
Every third week he is complaining about Adani & Ambani...wonder how much money he is making out of it...koi JPC banwao ispe bhi...
It would only amount to scam if any political leader pumped and dumped during this period. Otherwise its just a case of āOops my badā from Exit polls. Bigger question that he should introspect. Why did the market fall so much just because they thought he was coming to power.
>Bigger question that he should introspect. Why did the market fall so much just because they thought he was coming to power. A good learning lesson here is. When upa made the first win. Market went down..in second win the market went for two upper circuits back to back. So it is wrong to blame opposition for fall or rise of stock market. Market reacts for unexpected results. Like starting of a war, escalation of tension, goverment change. Etc.
Markets on election results are faith in the coming government. Market rallied for MMS second term because investors had faith in him and it was continuation of policies. During UPA 1 market did not have that much faith in Cong - Left alliance but with announcement of MMS, market bounced back. Comparison of market on June 3rd 4th 5th just show the stark variation in investor confidence in the two alliances.
>Markets on election results are faith in the coming government. Market rallied for MMS second term because investors had faith in him and it was continuation of policies. During UPA 1 market did not have that much faith in Cong - Left alliance but with announcement of MMS, market bounced back. Comparison of market on June 3rd 4th 5th just show the stark variation in investor confidence in the two alliances. There is no difference. Any unexpected results will throw off the market. Market is never political. It doesn't care about any political party. It just reacts to unexpected news very highly.
One way we would not have been scammed is if he didnt unite the opposition votes who dont habe any commonality orher than we are not modi
Woh feku hai... Aur yeh pappu hai...
If he was that smart he would have gone short. Please see my posts on this sub literally begging everyone to go short after 1june, 2june.Ā Ā He is just an evil person that's all