Financial Karma

Cricket & stock lover. Participant in Indian stock markets since past 20 years. Some stories, anecdotes and folklores from the world of stocks and investment.

[Financial Karma @FinancialKarma1]

@Manzurshaban123 The legendary spell of Asif karim against Australia in the world cup 2003..

[Financial Karma @FinancialKarma1]

@ShereenBhan Deal will be done post US market hours..

[Financial Karma @FinancialKarma1]

@GaryMarcus I think we are only a few days away when the leader of the pack Nvidia will have a massive down day (10 - 15%) and will take down entire AI frenzy stocks along with it including nasdaq, as well as korean and Taiwan markets.

[Financial Karma @FinancialKarma1]

@grok @DAmmannaya @FinMinIndia @grok - thanks.
One more question which equity market imposed STT hikes on derivatives market similar to hikes imposed by indian stock market in 2024 and 2025

[Financial Karma @FinancialKarma1]

Every night indian time they talk peace and in the morning during market hours fire drones.

Zero hopes for peace.

[RedboxGlobal India @REDBOXINDIA]

Iran launches attack on US military base in Bahrain.

[Financial Karma @FinancialKarma1]

@BMTheEquityDesk Most probably this person will not stay till 2030.
Zero accountability.
I remember they had promised 75/ 25 till 2025 (75 % WFH and 25% from office) in 2021 during covid wave 2.
Everyone in india has become experts in giving in long futuristic dates

[Financial Karma @FinancialKarma1]

@CNBCTV18News https://t.co/Z3q7RRbdVN

Can they return this back now? I presume agents don't need space to operate

[Financial Karma @FinancialKarma1]

@priyankac19 And this ESM/ ASM1/ ASM2/ GSM rules which are meant to protect retailers doesn't help..it curbs the free movement of stocks and is absolutely useless in downturn.

[Financial Karma @FinancialKarma1]

@Vaibhav5643 @udaykotak Exactly my point..it was operational from more than 10+ years.. they took ipl and team india sponsorship from them and then one day suddenly ban..BCCI also works closely with the government, so no way this was not known to government

[Financial Karma @FinancialKarma1]

@ThinkWithSaurav @laughandmerry @udaykotak Very true

[Financial Karma @FinancialKarma1]

@ThinkWithSaurav @laughandmerry @udaykotak Thanks Saurav...one of the most even sided logical arguments with no bias on either side of my yesterday's post.. policy uncertainty is spooking investment in our country

[Financial Karma @FinancialKarma1]

@nid_rockz Plus time to debate caramel popcorn tax rather than doing some meaningful work.

[Financial Karma @FinancialKarma1]

@nid_rockz Bang on... Self goal and self injected pain.
Plus the mindset that capital gains are accrued without any effort and hence can be taxed more..these kind of ppl are the problems

[Financial Karma @FinancialKarma1]

@arun8tripathi @udaykotak Then why was it allowed in the first place?
Took ipl sponsorship from them, then banned them overnight. A bigger point is policy uncertainty. And for your information there are many online money gaming platforms including US and are completely valid

[Financial Karma @FinancialKarma1]

@ThinkWithSaurav @udaykotak Well said and aptly out across.

[Financial Karma @FinancialKarma1]

@RahulDtrvlr @udaykotak Ban gutkha, alcohol also.
Ban stock market also as per your logic and put everything in bank FD

[Financial Karma @FinancialKarma1]

@MrMrHarsh @udaykotak Okay..than ban gutkha, alcohol. Why to keep that open. it's also loss of productivity what about retrospective taxation.
What about sgb (sovereign gold bonds) rules changed in this budget.
The point is there is no certainty, you can't change rules of the game afterwards.

[Financial Karma @FinancialKarma1]

@sambhavdaga Kuch bhi matlab kuch bhi...if you cannot catch a shell company, put ltcg...
How come people come up with such senseless logic.
Pls read what Hasmukh adhia said..the beaurecat believes capital gains are accrued without any effort and hence should be taxed. This was their logic