It was not that costly till 2019, and then the shit Covid came, buggers printed as much money as they wanted as they had all the free time and then all hell broke loose. There was inflation everywhere and these algods junkies started getting overly inflated salaries, screwing up the whole market. People like me, who are still in pre-covid salaries find it exceedingly difficult to cope up.
2 bhk in Bengaluru : 1.7 cr
average salary : 15 LPA
multiplier : 25x
Meanwhile 2 bhk in Germany : €300k
average salary : €60k
multiplier 5x
Indian homes are 5x expensive. why?
I will marry a man who is:
- Virgin
- 6'1 height
- Earns 5 lakh per month
- Knows cooking
- Tells me before going anywhere
- Clean past
- Live with my parents like his own.
Where would I find a Man like that?
INR is a falling knife.
Change 5000 INR into Thai currency (THB)-- you will get 1030 THB.
Now, try changing that 1030 THB back to INR, you will get only 2989 INR back (instead of 5000).
This 40% "spread" indicates how illiquid (& weak) INR is.
- No one bothers.
- Media won't educate you.
- Everyone says: why even bother, you will stay in Indis; spend in India, right?
Wrong.
That's not how it works.
Just because YOU don't spend in USD or AED, does not mean that it doesn't hurt you. India is a net importer. And, is likely to remain so.
Whenever something is imported, you need to pay in a foreign currency. Just because you are not paying this "directly" does not mean this payment is not happening.
As the currency falls, your buying power (globally) gets depleted.
Solution? if you want to travel abroad, send kids abroad, plan your retirement or simply retain your buying power:
Start saving in a foreign currency. Example: invest in US stocks. This is legal. One of the many ways.
Else, you might look at your SIP growth= 12%
Pay 12.5% tax= roughly 10.5%
Currency depreciation = 8%
Net returns= 2.5-3%
The new reality is: to retire in India, you need to invest abroad. The sooner you get started the better it is.
India is a great growth story. Use it strategically. Don't buy it at any valuation. Buy it only when the valuations are low.
@iamrakeshbansal Lol. This is already there. Exchanges can add as many stocks as they want.
They don't do it because their insider masters might get fucked that time. They only open further strikes when their masters positions are closed. I have seen this on mcx so many fucking times
SEBI Weighs Uniform Regime for Options Strike Prices
SEBI is considering a big change in how strike prices are managed in the options market.
Current Problem:
Right now, when the market moves sharply (especially intraday), there is often a big gap between the available strike prices and the current index price. For example, if Nifty is at 22,000, strikes might only be available at 21,900, 22,000 and 22,100. If Nifty suddenly jumps to 22,350, traders don’t get suitable “at-the-money” strikes immediately. This forces them to use deep in-the-money or out-of-the-money options, leading to wider spreads and poor execution.
SEBI’s Proposal:
Introduce a uniform framework across exchanges that allows them to add new strike prices during market hours itself, especially when the market is moving fast. This will help create fresh “at-the-money” strikes quickly (e.g., 22,300 / 22,350 / 22,400).
Benefits:
• Better hedging for traders
• Tighter bid-ask spreads
• More efficient price discovery
• Reduced risk during volatile moves
• Easier intraday trading and position management
This change aims to make the options market smoother and more trader-friendly, especially during high volatility.
The proposal is still under discussion and may take time to implement, but it’s a welcome step for improving market efficiency.
What do you think about this change? Will it help options traders?
niftykaboss.com
You brush → Colgate
You shave → Gillette
You bath → Pears
You wear → Levi’s
You eat → Domino’s & KFC
You drink → Coke & Nescafé
You want a phone → Apple
…and then you ask Why is the Rupee weaker than the Dollar? 🤔
Think. 🇮🇳
#WATCH | Srinagar | Jammu & Kashmir CM Omar Abdullah refuses to cut a tricoloured inaugural ribbon to mark the official opening of the two-day Handicrafts & Handloom Exhibition, instead asks the organisers to remove it and keep it safely
@khanzubare Bhai you were right , apna desh chodna sabse right decision tha mera , yeh margin shortfall wala scene hua mere sath , broker ne trade restrict bi ni kiya .. anyways after this is sorted out I will never trade in Indian markets
Trades Running for today!
Capital trading 15 L on this acc
Should be trading approx 1 cr by the end of the week ..
and starting a prop acc with 20 L deposit 5x so 1 cr there by the end of the month . lets see how this goes..
BREAKING: The Iranian National Security Council:
"Within a few hours, if the firing does not stop in southern Lebanon, the air and missile unit will bomb Tel Aviv.."
@travellingclown@IRanMediaco Whatever Israel does is in retaliation. Even if delayed. I’d believe the devil himself over Iran, but then again what’s the difference?
See the volume in worlds largest derivatives market.
The breakeven point is not 14 points
Its 14points + bid-ask spread which is approx 8 to 10 points.
If you trade even 10 lots its more than 5-6k Rs in slippage!!
Over Regulation and Taxes kills any sector .
@SarangSood
Option buying becomes dangerous when traders feel the need to trade both sides.
CE - PE - CE - PE. Constant bias switching creates more losses than the market. Clarity comes from reducing decisions. Sometimes the real edge is not taking the other side.
@venkat_fin9@FinMinIndia@IncomeTaxIndia Lode because those financial discrepancy is easy to find but those cash deals how they will find ?? Go to fuckong house kr every person who buys land and find the cash ??