MESSAGES

Indias options trading boom hides billions of losses for retail traders. Please read article in Economic Times. Also Bloomberg article of a Canadian who made billions in TESLA options but now lost it all. I think retail investors should strike against the government for allowing FIIs to make this kind of money at cost of small retail Indians.

I don’t know why our politicians are using the stock market as a barometer of success and then they come up with taxations against Indians by taxing capital gains. This is giving huge advantage tonFIIs versus DIIs. The recent taxations are making it extremely difficult for mutual funds to perform. An urgent relook is needed.

It is obvious that FIIs have engineered the fall in a market they were dictating for years. There have been irrational moves in the market due to fresh investors pouring in huge liquidity in stocks that FIIs had no interest. According to data seen in trendlyne FIIs are selling whereas mutual funds are increasing. FIIs are obviously selling at huge profits via options. At times they have been over 90 per cent short seemingly losing position but one fine day they dump which brings down the market with losses to individuals. However where stock holdings are concerned they are losing just 1 percent of the holdings per year. It is high time that INDIA bans option trading as the market is heavily rigged. Let them sell their holdings and get out of the market without enormous rigged profits.

The glamour and glitter attached to the Reliance name is now well over. The company is not performing for quite sometime and if reports are to be believed it is not getting substantial investments too.Only the diehards on this forum keep on dreaming and suggesting new price levels everyday but the fact is this share is now going the Anil Ambani way and cannot be trusted to give any satisfactory returns any more .