The IITian Trader

2023-06-12 07:24:02 Diamond and platinum, please visit community section Open / Comment

2023-06-11 17:44:27

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2023-06-11 16:55:00 Members only live streaming at 7:30. Link is available in the community section. Open / Comment

2023-06-10 12:16:16 We will soon complete 6 months of this exercise of sharing the outcome (profit/loss) of each and every trade.

We will do a half yearly analysis at the end of June 2023.

And we will continue to follow this exercise for the rest of 2023 as well. Open / Comment

2023-06-10 12:12:57 Platinum members, please visit community section.

Weekly F&O performance report has been posted.

It has information of each and every trade we have discussed so far in 2023. Open / Comment

2023-06-09 19:02:57 As market trades near all time high, many people might feel tempted to book profits in their stocks thinking they will buy them back when the stock would fall again.

However this approach might make you miss some important stocks and you'll never end up getting multibagger returns.

So now the question comes, when to sell stocks? Well, I've explained it in this video. Do check it out, you'll be so relieved after watching this video and will never have to ask this question again to anyone.



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2023-06-08 22:14:44 Canadian-state-owned Canada Pension Fund will sell a 1.66 percent stake in Kotak Mahindra Bank, sources said to CNBC TV-18. Currently, Canada Pension Fund holds 4.3 percent equity in Kotak Mahindra Bank. The fund's 1.66 percent stake is valued at $754 million.

According to people familiar with the development, the fund is selling the shares at a price band of Rs 1,792- Rs 1,886 per share, which translates up to a 5 percent discount on the current market price (CMP).

“The offer price is up to 5 percent discount to CMP,” said sources. Open / Comment

2023-06-08 11:09:50 RBI MPC outcome:
The Reserve Bank of India's Monetary Policy Committee (MPC) on June 8 retained the repo rate

While announcing the decision, RBI also signalled the central bank's readiness to act in keeping with the incoming data. Since May 2022, the regulator has hiked the repo rate by 250 basis points to counter the inflationary pressure.

Economic growth is picking up pace, with the March quarter GDP reading of 6.1 percent beating economist consensus by a wide margin and signalling that the recovery is on track.

While the RBI has largely come to the end of the rate-tightening cycle, the rate-setting panel is expected to remain on the pause mode for rest of the year with a chance of a rate cut if inflation eases on a sustainable basis, economists have said. Open / Comment

2023-06-08 11:09:27 Platinum, please visit community section Open / Comment

2023-06-07 11:12:21 Gold and above, please visit community section Open / Comment