Discover and read the best of Twitter Threads about #NSEL
Most recents (4)
I read somewhere statement by @PawarSpeaks on #IndiraG & her death.
1: Pawar is frustrated with NO one asking him for anything except where is @AnilDeshmukhNCP?
2: He believed that as king of #Baramati he will still have his swag - he is cut short & agencies are too close
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1: Pawar is frustrated with NO one asking him for anything except where is @AnilDeshmukhNCP?
2: He believed that as king of #Baramati he will still have his swag - he is cut short & agencies are too close
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3: His Frustration - with change in Essential Commodities Amendment Act he cannot whip inflation to suit his need.
4: He believes #IndiraG was murdered by Farmers of #Punjab - कौन सा गाँजा फूंकते है यह 🧐
5: Does be mean that everyone in #Punjab is a murderer?
@nstomar
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4: He believes #IndiraG was murdered by Farmers of #Punjab - कौन सा गाँजा फूंकते है यह 🧐
5: Does be mean that everyone in #Punjab is a murderer?
@nstomar
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6: @narendramodi ensured that his daughter remains poor & is NOT able to grow Crores of out of flower pot.
7:In short - @PawarSpeaks is just another #IrrelevantSeekingRelevance
8: It’s just that #LongRope is keeping him away from #Tihar - can’t say about 👇🏼
@praful_patel
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7:In short - @PawarSpeaks is just another #IrrelevantSeekingRelevance
8: It’s just that #LongRope is keeping him away from #Tihar - can’t say about 👇🏼
@praful_patel
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Today is the 7th anniversary of Rs 5600 Crore (about a
billion $ then) brazen commodity fraud called 'NSEL scam'. It's also a sordid saga of dishonorable handling by the government of fraud and corruption of a dishonest and dissolute businessman who's been buying his freedom. 1/
billion $ then) brazen commodity fraud called 'NSEL scam'. It's also a sordid saga of dishonorable handling by the government of fraud and corruption of a dishonest and dissolute businessman who's been buying his freedom. 1/
The scam: Jignesh Shah floated a fake exchange (national Spot Exchange Ltd- NSEL) only on paper, right under the nose of the government and colluding babus.There were commodities traded and investors were offered arbitrage of about 13% p/a. Example-an investor could buy Sugar 2/
at 40 Rs/Kg (T+1)and sell next month's Sugar contract (T=25) at Rs 40.50/Kg at the same time thus locking 50 paisa on his 40 Rs. There was no speculation here and it was a pure arbitrage trade (at least on paper).Even Govt PSUs like MMTC-PEC invested heavily and top brokers of 3/
10 crores may not be possible with 1 crore and much less with 10lacs and 1 lac.
My thumb rule is that my trading system must be tat which allows me to sleep 8 hours a day unmindful of CNBC's 24x7 telecasts saying 1000 different things which negate one reasoning at one time
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My thumb rule is that my trading system must be tat which allows me to sleep 8 hours a day unmindful of CNBC's 24x7 telecasts saying 1000 different things which negate one reasoning at one time
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but confirms the same at a different time.
In act one thing I can share with you. I was trading at some point in time all of NSE FNO,MCX, Currency and NCDEX.
In 2013 post #NSEL I quit MCX trading inmany commodities, quit Gold/Currency in 2016 post Brexit and in 2019..
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In act one thing I can share with you. I was trading at some point in time all of NSE FNO,MCX, Currency and NCDEX.
In 2013 post #NSEL I quit MCX trading inmany commodities, quit Gold/Currency in 2016 post Brexit and in 2019..
11/n
quit NCDEX as its volumes dwindled and transactions costs soared.
Today my trades are executed in NSE only between 9.15 to 3.30 and am a free man for the rest of 17 odd hours getting nice sleep of 8 hours.
I like the present scenario as I have a lot of time to do other thngs
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Today my trades are executed in NSE only between 9.15 to 3.30 and am a free man for the rest of 17 odd hours getting nice sleep of 8 hours.
I like the present scenario as I have a lot of time to do other thngs
12/n
Over the past eleven years, the junior Chidambaram has built up a record of financial success that would give Warren Buffett pause...
b.mdnalapat.com/tsg04032018
b.mdnalapat.com/tsg04032018
several who are seen as being part of the “Chidambaram Clique” have retained important responsibilities during the present NDA dispensation, and indeed have been promoted to much higher posts.
Doing the bidding of the minister who set the CBI against the IB in the Sohrabuddin case, & who sought to establish the existence of a "Hindu terror" network across the country, does not seem to have adversely affected the careers of Chidambaram loyalists in BJP-ruled government.
