Abhisar Upadhyay

🕊️ Free spirit unbound by ideologies
⚙️ First principles approach
📈 Investor & Trader | Macro & Price Action
💡 Entrepreneur & 🌱 Hobby Farmer

[Abhisar Upadhyay @Abhisar]

Nifty range for entire day = 50 points
Last 10 minute > 200 points

What sort of price discovery is happening here ??? 😂😂😂

@SEBI_India @NSEIndia @BSEIndia @FinMinIndia @nsitharaman #CAS

[Abhisar Upadhyay @Abhisar]

Since CAS "indicative prices" are derived from large, unexecuted orders rather than genuine market trades, we must ask a fundamental question: how does this facilitate authentic price discovery ?

Call Auction Session (CAS) operates with a concerning lack of transparency and is highly susceptible to manipulation.

Rather than strengthening our financial ecosystem, this mechanism risks compromising the integrity of our capital markets. I earnestly request our regulatory authorities to intervene and reverse this before the damage is irreversible.
@SEBI_India @NSEIndia @BSEIndia @FinMinIndia @nsitharaman #CASKiAwaaz

https://t.co/R6pZw4eu6b

[Anuj Singhal अनुज सिंघल @_anujsinghal]

This is what happened on expiry day

Sensex 78,000 Call went from 2 to 80

Sensex 78,000 Put went from 166 to 0

Why? The indicative equilibrium price which was 78,860 till 3.28 suddenly became 79,080 at close. This is not right. This is turning option trading into gambling. At this rate, nobody will be willing to sell options.

[Abhisar Upadhyay @Abhisar]

🚨 CAS OR MARKET SABOTAGE BY DESIGN? 🚨

A reasonably liquid stock like SolarInds trades 1.5 LAKH shares in daily volume. Yet, thanks to CAS, its closing price is now being decided by a pathetic 2k-4k bid & offers. Actual trades would probably be just 500 or 1000 shares. A total JOKE.

By stopping the regular market at 3:15pm regulators are actively forcing "discontinuity".

Anyone with basic knowledge of supply / demand economics knows discontinuity in a running market would kill price discovery, depth, and participation.

What kind of illiterate, inflexible mindset is running our markets and exchanges !!

STOP THIS MADNESS.

@SEBI_India @NSEIndia @BSEIndia @FinMinIndia @nsitharaman #StockMarketIndia #CAS #SEBI #Nifty #MarketManipulation

[Abhisar Upadhyay @Abhisar]

@Nithin0dha https://t.co/XTjqh8ntDO

[Abhisar Upadhyay @Abhisar]

Due to CAS, very low volumes are deciding Closing Price as compared to before.
How long will we suffer this self-imposed disaster ?

@SEBI_India, @NSEIndia, @NSEIndia, Please either rectify quickly or revert !

[Abhisar Upadhyay @Abhisar]

Due to CAS, very low volumes are deciding Closing Price as compared to before.
How long will we suffer this self-imposed disaster ?

@SEBI_India, @NSEIndia, @NSEIndia, Please either rectify quickly or revert !

[Abhisar Upadhyay @Abhisar]

@Nithin0dha https://t.co/NofFzc6uWR

[Abhisar Upadhyay @Abhisar]

Dear @FinMinIndia,

Institutional Investors like Mutual Funds & Pension funds are designed to be "Tax Pass-Throughs", so that the end investor (Unit Holder) does not have to worry about tax implications every time the fund manager buys or sells stocks / securities on their behalf.

So when a Global Pension Fund invests in the any major market, they usually get 100% "Tax Pass-Through." In India, we have broken that established global norm. 🛑

By taxing FIIs at the source, we force global funds to calculate rebates & tax credits for every single tiny unit-holder. It’s an administrative mess that makes "Investing in India" a chore, not an opportunity.

We aren’t just taxing profit; we are exporting a COMPLIANCE NIGHTMARE to millions of global unit-holders who now face complex filings just for owning 1% of India.

Why would a global manager choose this headache when the rest of the world offers a simpler easier experience ?

High taxes + High friction = Less Capital.

We are literally taxing away our own liquidity. Let’s stop being the "difficult" market.

@narendramodi @nsitharaman @FinMinIndia #Nifty #Investment #TaxReform

[Abhisar Upadhyay @Abhisar]

@deepakagra @FinMinIndia Spot on. Our currency taking a hit is another byproduct of this.

[Abhisar Upadhyay @Abhisar]

Dear @FinMinIndia,

Institutional Investors like Mutual Funds & Pension funds are designed to be "Tax Pass-Throughs", so that the end investor (Unit Holder) does not have to worry about tax implications every time the fund manager buys or sells stocks / securities on their behalf.

So when a Global Pension Fund invests in the any major market, they usually get 100% "Tax Pass-Through." In India, we have broken that established global norm. 🛑

By taxing FIIs at the source, we force global funds to calculate rebates & tax credits for every single tiny unit-holder. It’s an administrative mess that makes "Investing in India" a chore, not an opportunity.

We aren’t just taxing profit; we are exporting a COMPLIANCE NIGHTMARE to millions of global unit-holders who now face complex filings just for owning 1% of India.

Why would a global manager choose this headache when the rest of the world offers a simpler easier experience ?

High taxes + High friction = Less Capital.

We are literally taxing away our own liquidity. Let’s stop being the "difficult" market.

@narendramodi @nsitharaman @FinMinIndia #Nifty #Investment #TaxReform

[Abhisar Upadhyay @Abhisar]

@goairlinesindia @goairlinesindia Matter not resolved at all! Please help @DGCAIndia. Neither I or EASE MY TRIP have received REFUND or EMAIL Confirmation of DETAILS OF REFUND. Pls send email ASAP to [email protected] regarding flight 15 April 2020, PNR -- HD9NGX, Book 03rd April.

[Abhisar Upadhyay @Abhisar]

@goairlinesindia Can you kindly send me EMAIL Confirmation with DETAILS OF REFUND so that my agent EASE MY TRIP can issue final refund to me. My email is [email protected]
The Concerned flight details - Kolkata to Lucknow - on 15 April 2020, PNR -- HD9NGX, Booking date 03rd April.

[Abhisar Upadhyay @Abhisar]

@goairlinesindia Hi @goairlinesindia ,
It has been 17 days. Nothing has been refunded. No confirmation on email as promised. Not even a peep.

@DGCAIndia , please help in the matter.

[Abhisar Upadhyay @Abhisar]

@goairlinesindia Hello, as per your own rules & guidelines, you should issue full refund for the ticket date (15 April) and booking date (3rd April). Why this future date booking etc. ?
@DGCAIndia , please look into it. @goairlinesindia is openly fleecing customers despite your clear guidelines.

[Bloomberg @business]

Cyprus is on the verge of an unprecedented financial experiment | http://t.co/pzXTo6Z2vX