Discover and read the best of Twitter Threads about #ICICIDirect

Most recents (10)

@ICICIBank frauds :๐—Ÿ๐—ถ๐˜€๐˜๐—ฒ๐—ป ๐˜๐—ผ @Vijaychandok1 (now CEO @ICICI_Direct) ๐—ฎ๐—ป๐—ฑ ๐—ต๐—ถ๐˜€ ๐˜๐—ฒ๐—ฎ๐—บ ๐—ฑ๐—ถ๐˜€๐—ฐ๐˜‚๐˜€๐˜€ ๐—ฎ๐—น๐—น ๐˜๐—ต๐—ฒ ๐—บ๐—ฒ๐˜๐—ต๐—ผ๐—ฑ๐˜€ ๐˜‚๐˜€๐—ฒ๐—ฑ ๐˜๐—ผ ๐—ฎ๐˜ƒ๐—ฒ๐—ฟ๐˜ ๐—ก๐—ฃ๐—”. The context of this discussion is that, I had ๐—ฏ๐—น๐—ผ๐˜„๐—ป ๐˜„๐—ต๐—ถ๐˜€๐˜๐—น๐—ฒ the second time on a borrowerโ€ฆ twitter.com/i/web/status/1โ€ฆ
@ICICIBank Frauds :
0.09: @Vijaychandok1 (VC) : "You canโ€™t ๐—ณ๐˜‚๐—ป๐—ฑ ๐—ฎ ๐—ฐ๐—น๐—ถ๐—ฒ๐—ป๐˜, you cannot ๐—ณ๐˜‚๐—ป๐—ฑ ๐—ด๐—ฟ๐—ผ๐˜‚๐—ฝ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐˜† ..you cannot aaaa..gone, collect or perish."

0.20: Ajay Gupta (Senior General Manager) :" ๐—ณ๐˜‚๐—ป๐—ฑ ๐˜๐—ผ ๐—ก๐—ผ๐—ป ๐—ณ๐˜‚๐—ป๐—ฑ"

0.22: VC: "๐—™๐˜‚๐—ป๐—ฑโ€ฆ twitter.com/i/web/status/1โ€ฆ
Read 4 tweets
@ICICIBank frauds :๐—Ÿ๐—ถ๐˜€๐˜๐—ฒ๐—ป ๐˜๐—ผ @Vijaychandok1 (now CEO @ICICI_Direct) ๐—ฎ๐—ป๐—ฑ ๐—ต๐—ถ๐˜€ ๐˜๐—ฒ๐—ฎ๐—บ ๐—ฑ๐—ถ๐˜€๐—ฐ๐˜‚๐˜€๐˜€ ๐—ฎ๐—น๐—น ๐˜๐—ต๐—ฒ ๐—บ๐—ฒ๐˜๐—ต๐—ผ๐—ฑ๐˜€ ๐˜‚๐˜€๐—ฒ๐—ฑ ๐˜๐—ผ ๐—ฎ๐˜ƒ๐—ฒ๐—ฟ๐˜ ๐—ก๐—ฃ๐—”. The context of this discussion is that, I had ๐—ฏ๐—น๐—ผ๐˜„๐—ป ๐˜„๐—ต๐—ถ๐˜€๐˜๐—น๐—ฒ the second time on a borrowerโ€ฆ twitter.com/i/web/status/1โ€ฆ
@ICICIBank Frauds :Here is the transcript of that discussion : ImageImage
@ICICIBank Frauds :
0.09: @Vijaychandok1 (VC) : "You canโ€™t ๐—ณ๐˜‚๐—ป๐—ฑ ๐—ฎ ๐—ฐ๐—น๐—ถ๐—ฒ๐—ป๐˜, you cannot ๐—ณ๐˜‚๐—ป๐—ฑ ๐—ด๐—ฟ๐—ผ๐˜‚๐—ฝ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐˜† ..you cannot aaaa..gone, collect or perish."

0.20: Ajay Gupta (Senior General Manager) :"๐—ก๐—ผ๐—ป ๐—ณ๐˜‚๐—ป๐—ฑ ๐˜๐—ผ ๐—ป๐—ผ๐—ป ๐—ณ๐˜‚๐—ป๐—ฑ"

0.22: VC:โ€ฆ twitter.com/i/web/status/1โ€ฆ Fraudster Vijay Chandok of ...
Read 9 tweets
Largest companies by categories in ๐Ÿ‡ฎ๐Ÿ‡ณ (highest market cap)

๐Ÿ”‹ Energy โ†’ Reliance
๐Ÿง‘โ€๐Ÿ’ป IT Services โ†’ TCS
๐Ÿฆ Bank โ†’ HDFC Bank
๐Ÿงผ FMCG โ†’ HUL
๐Ÿฆ PSU โ†’ SBI
๐Ÿ  Housing Finance โ†’ HDFC
๐Ÿ“ฑTelecom โ†’ Bharti Airtel
๐Ÿ’ฐNBFC โ†’ Bajaj Finance
๐Ÿ›ฃ Infra โ†’ L&T
๐ŸŽจ Paints โ†’ Asian Paints

1/6
Largest cos. (2/6)

๐Ÿš™ Car โ†’ Maruti
๐Ÿ’Š Pharma โ†’ Sun Pharma
๐Ÿ’ Luxury Goods โ†’ Titan
๐Ÿ›’ Retailing โ†’ Avenue Supermarts
๐Ÿ›ฃ Cement โ†’ UltraTech
๐Ÿ— Steel โ†’ JSW Steel
๐Ÿ’ก Power producer โ†’ NTPC
โ˜€๏ธ Renewables โ†’ Adani Green
๐Ÿฆพ Industrial products โ†’ Siemens
๐Ÿ  Real Estate โ†’ DLF
Largest cos (3/6)

๐Ÿš Aerospace & Defense โ†’ HAL
๐Ÿ Motorcyle โ†’ Eicher Motors
๐Ÿงฌ API & Life Sciences โ†’ Divi's Labs
โœˆ๏ธ Airlines โ†’ InterGlobe
๐Ÿงช Chemicals โ†’ SRF
๐Ÿ’ณ Credit Card โ†’ SBI Cards
โ˜•๏ธ Beverages โ†’ Tata Consumer
๐Ÿฅ Hospitals โ†’ Apollo Hospitals
๐Ÿ”ฉ Auto parts โ†’ Bosch
Read 7 tweets
Key updates and highlights for today morning. Reading time: 4 mins.

1/10
US Fed hikes interest rates by 25 bps. Inflation remains key focus and rate cuts are not expected in Base case scenario in 2023, but signals it is nearing the end of rate hikes.
2. US markets down 1.6% post rate hike, USD falls, while Crude gained 2%. US futures are up 0.55% today morning. SGX Nifty indicates minor red to a flat opening on weekly expiry.
3. Rakesh Jhunjhunwala awarded Padma Shri (posthumously), India's 4th-highest civilian honour; received by wife Rekha Jhunjhunwala.

Kumar Mangalam Birla awarded Padma Shri for contribution in trade and Industry. Image
Read 12 tweets
Momentum pick: Tata Power

Target - 224
Stoploss - 198
CMP - 207

Rationale:
Tata Power which has been undergoing a base formation over past two months has given a breakout above key trendline resistance today.

#icicidirect #technical #Tatapower
2/ ..indicating acceleration of upward momentum. We expect short term target of 224 which is 80% retracement of its December decline.

Among oscillators, Daily 14 day RSI has given a positive cross over and resolved above its own trendline resistance supporting bullish stance
3/ Power sector stocks have been in the limelight since the end of February and many have seen bullish momentum reversal on price charts.
Read 4 tweets
Top highlights from the Budget Speech

A thread๐Ÿงต๐Ÿ‘‡ ##BudgetKiBaatein #ICICIDirect
The government will provide 5 kg grains for 81 crore people free of cost.

This will result into food subsidy bill of INR 2 Lakh Crore for the next 1 year #BudgetKiBaatein #ICICIDirect
Indian Budget has set 7 priorities โ€“ Saptarishi which includes

1. Inclusive development
2. Infrastructure
3. Unleashing Potential
4. Green Growth
5. Youth Power
6. Financial Sector

#BudgetKiBaatein #ICICIDirect
Read 32 tweets
Independent India has seen
๐Ÿ”ถ 73 annual budgets,
๐Ÿ”ถ 14 interim budgets and
๐Ÿ”ถ 4 special budgets or mini-budgets

Here are top 5 Iconic Budgets which shaped the economic future๐Ÿ“ˆof India๐Ÿ‡ฎ๐Ÿ‡ณ

A thread๐Ÿงต๐Ÿ‘‡

#BudgetKiBaatein #ICICIDirect
1. Budget, 1986 by Sh. V.P. Singh [Input Credit]

๐Ÿ”ถ Input credit of Excise wasn't available to manufacturers till 1986

๐Ÿ”ถ This led to cascading effect, i.e., 'Tax on Tax'

๐Ÿ”ถ Introduced MODVAT: Allowed for this credit

๐Ÿ”ถ Thereby, reducing end cost & increasing consumption
2. Budget, 1991 by Dr. Manmohan Singh [Liberalisation]

๐Ÿ”ถ India had a Balance of Payment crisis having just 3 weeksโ€™ worth of foreign reserves

๐Ÿ”ถ Gold reserves were sold & emergency fund was raised from IMF

๐Ÿ”ถ But after the Budget 1991, the country never looked back

Contd..๐Ÿ‘‡
Read 10 tweets
1/14

It's that time of the year when your company HR asks for your investment proofs.

Does this tax planning stress you?๐Ÿฅต
It won't any more๐Ÿ˜Œ

10 powerful tax saving tips for salaried employees. A thread๐Ÿงต๐Ÿ‘‡

#taxplanning #icicidirect
2/14
First get basics in place before you think of exotic solutions.

A. 80C investment upto โ‚น1.5L can save up to 46,800/-
๐Ÿ”ถ PPF
๐Ÿ”ถ Employee's Contribution to PF
๐Ÿ”ถ Equity Linked Savings Scheme (Tax Saver MF)
๐Ÿ”ถ Endowment/Term /ULIP Insurance Policies
๐Ÿ”ถ Home Loan Principal etc
3/14

80C/ What to choose for investment?

Here are basic differences b/w ULIP policies, PPF, ELSS to know๐Ÿ‘‡

Factors you should consider are return expectation, variability of return, lock-in period and tax implication.

๐ŸŸข Good; ๐Ÿ”ด Not so good
Read 16 tweets
โ‚น3.75 lakh crore - this is what the Indian wedding industry made in November and December across 32 lakh weddings๐Ÿคฏ

That's more than auto market in India for reference. Let's decode the Great Indian Wedding Industry and 4 businesses that benefit from it.

A thread ๐Ÿงต
1/n
2/n
India records around 1 cr weddings each year.

Not a surprise when you look at the age distribution of Indian population. Approx 40 crore Indians are in the age bucket of 20-34 years.

Another 50 crores are under 20 years, so the industry has a long revenue pipeline :)
3/n

Let's look at businesses that gain from India's 'wedding bonanza'.

Indian weddings leads to steady cash business for many sub-industries:

๐Ÿ‘ฉโ€โค๏ธโ€๐Ÿ‘จMatrimony portals
๐Ÿ’Ž Jewellery
๐Ÿ‘— Clothing
๐Ÿจ Hotels
๐Ÿงณ Luggage

..and some others๐Ÿท๐Ÿง‘โ€๐Ÿณ

Let's decode them๐Ÿ‘‡
Read 18 tweets
An update on how are making ICICI Direct better for you.

Here are 10 new features and benefits we launched in the last quarter - a thread ๐Ÿงต
1/n
2/n
Launch 1: Family Portfolio

2023 is when you take charge of your family goals. You can now link all family accounts: monitor, track all your family investment and take smarter decisions all in one place!
#icicidirect
3/n
Here is how you can link your family accounts:

1. Go to โ€œMy Portfolioโ€ and click on โ€˜Familyโ€

2. Click on โ€œLink a Family Accountโ€ and enter the User ID or PAN of the account you wish to link.

Once the Family member accepts your request, they can view consolidated portfolio.
Read 16 tweets

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