@niftywizard Current CAS system may continue at least for another month as last date for feedback itself is 3rd Oct. Looks like Goras are not happy with SEBI's decision on review of CAS.
@PRAFULKULKARN18@AshishGupta325 What is the need for retail traders to trade in derivatives, expiries, etc? Drive all retail out. That is exactly what SEBI wants.
"İhaneti gördüm, bu yüzden temkinli olmayı öğrendim; zulmü gördüm, susmayı öğrendim; nankörlüğü gördüm, çekip gitmeyi öğrendim. Hayattan hiçbir şeyi bedavaya öğrenmedim."
Al Pacino
@niftywizard Suddenly, some thoughts hit me. Full-time traders have no salary/perks, paid holidays, working only 6.25 hrs a day in -ve sum & hostile ever uncertain environment. We pay money first via charges to make money unlike job who pay tax later. Much worse for loss making ones.
@niftywizard This happens when disastrous decisions were made by people with secured job, pension & no accountability & have guts to defend the decision too. Since CAS, brokerage, STT, GST & other charges were collected and all gained. What about losses to traders/investors? Who cares?
@niftywizard India has attracted 12.3 L crore thro' FCNR deposits from NRIs & that has created excess liquidity for banks which may find it difficult to disburse quality loans. Another side flood of IPOs/ OFS, block deals are sucking out liquidity from the market restricting up move of nifty