In India, you don't need to know anything about Businesses, balance sheet etc, to make money in market. Just get advance info on stocks entering/exiting ASM List, and you have a guaranteed 10-20%. Witness movement of past 5 days in ASM exit list announced today evening. Amazing!
— Shankar Sharma (@1shankarsharma) August 1, 2018
Another example of a Company filing critical and mandatory information with one Stock Exchange but not another.
Infibeam’s shareholding patterns with NSE are up to date as can be seen below:
But the shareholding patterns are not up to date in BSE !!
Some stuff I am reading today morning:
RBI increases repo rate by 25 bps (BS)
OFS for L&T Tech opens today (BL)
Fresh bids for Bhushan Power & Steel (MC)
Jet Airways asks employees for a 25% pay cut (ET)
The Reliance Jio juggernaut (Mint)
India’s hostility to business (Jerry Rao)
Payment Banks trip on e-KYC rules (BQ)
My presentation on the Alpha Ideas 20-20 Meet (Dhruvesh Sanghvi)
The spectrum of financial independence (Morgan Housel)
Inside Masayoshi Son’s $100 Billion Vision Fund (CNBC)
