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Last week index expiry day artificial tax cut news lifted index 400 points! Today index expiry day FM statement crashed index along with mid & small caps stocks! Single line says this market opening 9 am & closing 3.30 pm only for speculation purposes!!
"When we throw a ball to the ground, it is normal for it to bounce back, but whether it bounces higher than the level from which it was thrown is what matters"!!.
"I haven't seen any stock names with rocket symbols labeled as 'Diwali picks' on any social media so far!. There are only 10 days left for Diwali Muhurat trading!. This is indeed a positive development"!!.
Greed and fear...!!
Fund managers and the media hype the multi-bagger craze to retail investors, preventing them from selling their shares for profits, when a big crash happens, they sell @ a loss & leave the market altogether. It is not possible for all the shares bought to become multibaggers!.
"Create a concentrated portfolio for momentum plays exclusively for those who know when to buy and sell; a concentrated portfolio is never suitable for long-term investment under any circumstances"!!.
The discussion on social media that both DIIs & FIIs were buyers in yesterday's market, meaning retail investors sold. FIIs and DIIs buy when retail investors sell in a panic & FIIs sell when retail investors & DIIs buy in FOMO. This is a natural process of the market!!
Last week index expiry day artificial tax cut news lifted index 400 points! Today index expiry day FM statement crashed index along with mid & small caps stocks! Single line says this market opening 9 am & closing 3.30 pm only for speculation purposes!!
He sold βΉ264 cr of railway toilets and coach interiors. This railway SME Company grew profit 48%. π
Next time you sit in a train and use the toilet, remember this name: Acme India Industries.
βͺοΈFY26 profit: up 48% to βΉ24.4 cr.β¨βͺοΈOrder book: βΉ738 cr.
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