Ajinkya Dange (अजिंक्य डांगे)

Tshirt entrepreneur. Stock investor.

In hunt of path-breaking concept product or service that will touch lives of many people.

[BJP @BJP4India]

नया भारत Full Power, Full Speed में आगे बढ़ रहा है। अब विकास की रफ्तार को रोकना नामुमकिन है! 🇮🇳

इसलिए NARAAJ FOOFA, सुन लो… भारत बदल रहा है, तुम भी संभल जाओ! 😏

[BJP @BJP4India]

𝐑𝐮𝐦𝐨𝐮𝐫 → 𝐑𝐚𝐠𝐞-𝐭𝐰𝐞𝐞𝐭 → 𝐑𝐞𝐚𝐥𝐢𝐭𝐲 𝐜𝐡𝐞𝐜𝐤 → 𝐒𝐭𝐢𝐥𝐥 𝐬𝐜𝐫𝐞𝐚𝐦𝐢𝐧𝐠!

Classic ‘Naraz Fufa’ operating system. 😂

[Nithin Kamath @Nithin0dha]

My biggest nightmare as a broker is what’s happening in the Korean markets right now. The source of my nightmare is the way our MTF book has been growing along with the industry as a whole. In terms of pure risk, MTF is by far the biggest risk we have taken since we started in 2010.

More specifically, the risk lies in our ₹9,000-crore book: at least half of it is in non-F&O stocks, which can hit lower circuits every day without offering an exit.

The problem with Korea is the one-way rally. When markets go up so sharply, leverage builds up because collateral values increase, leading to more borrowing and so on. The second layer of risk comes from the derivatives complex and leveraged ETFs, which further exacerbate moves on both the upside and downside.

When the markets fall, things get really ugly. The first leg of selling tends to be small, but as collateral and margin values drop, margin calls increase, leading to forced selling. Forced unwinding from leveraged ETFs makes this worse, and this downside move becomes a self-reinforcing loop until things stabilize.

Btw, MTF became popular only in the last 3–4 years, and we really haven’t seen a sharp market crash similar to the KOSPI since COVID. Even though MTF as a percentage of market cap is small, if the Indian markets were to fall sharply, it would cause severe sell-offs across many small- and mid-cap stocks. Brokers today typically provide MTF on ~1,500 stocks. 😬

Luckily, thanks to SEBI, we've avoided the worst excesses that typically arise from unchecked leverage.

Btw, my colleague @prayagverma maintains a site with really good market stats, including MTF, here: https://t.co/uRJrvOvbHK

[Moral Philosophy @ML_Philosophy]

A man's greatest flex is becoming everything he said he would.

[Universal-Sci @universal_sci]

Spectacular: This is what 100 million stars look like!

Witness the sharpest-ever view of our neighbouring Andromeda Galaxy, revealing more than 100 million individual stars in breathtaking detail

The view contains an astonishing 1.5 billion pixels. Displaying it at full resolution would require more than 600 HD television screens

(Credit: NASA, ESA, J. Dalcanton, B. F. Williams, L. C. Johnson, the PHAT team, R. Gendler / video by Universal-Sci)

[Devendra Fadnavis @Dev_Fadnavis]

ठाणे–बोरिवली प्रवास वेगवान होणार

ठाणे–बोरिवली भुयारी मार्गासाठी 'टनेल बोरिंग मशीन - नायक'चा शुभारंभ.

#Maharashtra #ThaneBorivaliTunnel #MumbaiDevelopment

[NASA @NASA]

Hello, Moon. It’s great to be back.

Here’s a taste of what the Artemis II astronauts photographed during their flight around the Moon. Check out more photos from the mission: https://t.co/rzM1P0QbOl

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@AkkIBeedkar @WilJay_1 Grand Tourer. Meaning comfortable for long distance.

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@Urrmi_ Priyadarshan comedy movies are my comfort place 🫡

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@chanduchikna @SaamanaOnline संतती

[non aesthetic things @PicturesFoIder]

*casually puts out fire. Continues to boogie.* 🤣😭

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@MyIndusIndBank Resolved.

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@MyIndusIndBank
Hi. I have emailed to your id idcsupport about mpin not able to generate. Please check and help my case.

[Sachin Tendulkar @sachin_rt]

Hey Jimmy!

You've bowled the fans over with that incredible 22-year spell. Here's a little wish as you bid goodbye.

It has been a joy to watch you bowl - with that action, speed, accuracy, swing and fitness. You've inspired generations with your game.

Wish you a wonderful life ahead with good health and happiness as you put those new shoes on for the most important spell of your life - the time with family.

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@SupriyaShrinate PM Modi.....

[TukTuk Academy @TukTuk_Academy]

The sun of our world, the pot of gold at the end of our rainbow, the beast and inspirational orange Cap chaser King Kohli.

Today he blessed the academy with 51(43) knock 🔥🔥

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@iPoonampandey Your average follower.

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@ANI Greece 🇬🇷

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@MyIndusIndBank Reply.

[Ajinkya Dange (अजिंक्य डांगे) @ajinkyadange]

@MyIndusIndBank Hi, I have received international wire payment from US based client successfully. However on second instance it was bounced. As per my client it was rejected at my banks end. Can you please help me. Unable to send dm.