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Kirubakaran Rajendran

@kirubaakaran

Jul 4

What if I told you that Jane Street made ₹36,500 crores from Indian markets in just 2 years, and ₹4,800 crores of that was allegedly through market manipulation? They turned India's stock market into their personal ATM using a strategy so clever. Here's the complete details 🧵

Who is Jane Street?

Founded in 2000, USA
2,600+ employees globally
High-frequency trading wizards
Operates through 4 entities in India (2 foreign, 2 domestic)

They're not investors. They're traders using algorithms that execute faster than you can blink.

First, the mind-blowing numbers:

Total profit in 2 years: ₹36,502 crores
Profit from options: ₹43,289 crores
LOSS from stocks/futures: ₹7,496 crores

Wait, they LOST money in stocks? This wasn't incompetence. It was genius-level manipulation.

Read 20 tweets

Kirubakaran Rajendran

@kirubaakaran

Jul 2

Rise of Ai could destroy lot of careers in next 5 years, biggest impact will be for Investment Advisors & Research Analyst. I just used @zerodhaonline MCP + Claude AI to analyse my portfolio and suggest what needs to be done. I was amazed by its output. Here's how you can do it

First you need to Download and install Node.js from nodejs.org and install Claude Desktop application.
Go to Claude Settings
Click on Developer
Click Edit Config and add the below config , save and restart Claude Desktop
{
"mcpServers": {
"kite": {
"command": "npx",
"args": ["mcp-remote", "mcp.kite.trade/sse"]
}
}
}

First you need to autheticate with your Zerodha credentials. Once done, you can give necessary prompts to analyze your portoflio.

Read 8 tweets

Kirubakaran Rajendran

@kirubaakaran

May 30

Solo traveled to Vietnam with zero plans, chose just one city — Da Nang — and it turned out to be the most peaceful, soulful vacation I’ve ever had. Vietnam is vast, but you don’t need to race across the country, if you are on time constraint, then opt for Da Nang. Here's why🧵

While everyone rushes to Hanoi or Ho Chi Minh, Da Nang offers something different - a laid-back vibe where luxury costs less than domestic Indian destinations. You get to see Pristine beaches and beautiful hill station, which is just an hour drive.

Checked into Outpost hostel initially. Totally dead. Bad vibe. Within hours, I moved to another near by hostel Rom Casa — vibrant, buzzing, full of travelers from around the world. Best decision. When you are traveling, don't fall for sunk cost fallacy.

Read 15 tweets

Kirubakaran Rajendran

@kirubaakaran

Apr 2

Just got back from a 1-week holiday in Singapore and It’s not just about Universal Studios. Clean roads, disciplined people, top-class public transport, and yes – it’s the most expensive country in Asia. If you're planning Singapore soon – this thread is for you 🧵

Initially, we were looking at Kashmir for the family vacation. But with school holidays, flight tickets from Chennai shot up to ₹1.5 lakhs.
With Google Flights, looked for cheapest destinations.
Surprisingly found direct round trip flight to Singapore for just ₹40K for 3 people!

https://x.com/outofofficedaku/status/1895397602746835346

If you ever book through Indigo, try their WhatsApp booking instead of the app — got better pricing that way.

https://x.com/outofofficedaku/status/1895397602746835346

Read 25 tweets

Kirubakaran Rajendran

@kirubaakaran

Dec 31, 2024

Everyone do SIP for their future, be it for their own retirement or Daughter's education or Son's marriage. What would you do if your SIP corpus goes down 50% due to market crash when you need money? How can one handle the risk involved in SIP? Here's the ideal solution 🧵

When it comes to SIP everyone knows that if you invest X amount every month, you are going to get 10X after n number of years. Everyone talks about returns but hardly anyone talks about the risk involved. Let's see how markets behaved historically.

Sensex moved from 100 to 80000 in 44 years. Most SIP investors just focus on the destination not the journey, during this 44 years, Sensex has witnessed multiple instances where it has seen more than 50% corrections.

Read 13 tweets

Kirubakaran Rajendran

@kirubaakaran

Dec 27, 2024

Removal of weekly expiry triggered many traders to look for alternative markets, one such market is Crypto. But it involves too much noise, people say it's illegal, not safe & too much of tax. I spent last 30 days exploring Crypto, let me uncover all the myths. 🧵

Am totally new to Crypto, I dont know ABC of it. First learnt some basic stuff. Just like how we trade stocks in cash segment and F&O segment, Crypto market also follows similar approach. Like stocks, Crypto market has coins. Just like how you buy Reliance shares, you cant buy Bitcoin, ETH etc from India. Spot trading is not allowed in India. You can only deal with Futures & Options. That's why many people say Crypto Trading is illegal. No, it's not illegal. You just cant trade in spot, thats all.

If you want to buy Bitcoin in spot market you can use exchange like Binance but it involves too much of an hassle. Lot of my friend's bank account was frozen when they did transaction through Binance. Let me explain why it happens. When you deal with stocks trading, you transfer money from your bank account to broker's account and then you purchase the necessary stocks that gets credited into your demat account.

Read 13 tweets

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