Do you play the stock market

m8002? · 15th April 2021, 11:15

Quote:

Originally Posted by mukeshgoel

Not an expert but they will buy from the market at the market price.

1650 per share is the upper limit for such buyback.

Thanks for the reply. I understand the part of buying from market.

My question is why is the price struck at 1350 because there is an arbitrage opportunity here. I expected the price to reach the 1600 levels after the announcement. So wondering what am I missing here.

tanny · 15th April 2021, 11:22

Quote:

Originally Posted by m8002?

Thanks for the reply. I understand the part of buying from market.

My question is why is the price struck at 1350 because there is an arbitrage opportunity here. I expected the price to reach the 1600 levels after the announcement. So wondering what am I missing here.

Maybe Market thinks that Infy results are not great as per expectations builtin in the stock price.

How the buy back proceeds is that you can surrender shares in buy back option, and please note, that its not guaranteed that all shares one holds could be are bought back. There will be some time lag between buy back and arbitrage fruition. So there is opportunity cost as well. As this time shrinks, price may start converging towards buy back.

Sherlocked · 15th April 2021, 12:23

Quote:

Originally Posted by tanny

How the buy back proceeds is that you can surrender shares in buy back option, and please note, that its not guaranteed that all shares one holds could be are bought back.

Infy is doing an Open Market buyback and not a Tender offer buyback. Shares are surrendered in Tender Offer buyback where as in Open Market offer, the company buys their stock from the live market over a period of time.

https://support.zerodha.com/category...arket-buybacks

DHARM · 15th April 2021, 17:52

Quote:

Originally Posted by m8002?

Well the buyback is now official and the price went down further. The stock is trading at 20% discount to buyback price. Can experts explain why?

Many Investors purchased with a view that Infosys will buy back shares from the share holders but they are directly buying from the stock market so some disappointment secondly Infosys results are not on expected lines for many Investors hence further fall

kedar3223 · 18th April 2021, 15:17

I am looking for investing in stocks and mutual funds through an online/app platform. Might also look at commodities in the future. Options found:

Direct MF- groww, zerodha coin, et money, upstox, kuvera, paytm money.
Stocks- zerodha kite, upstox, groww.

Having done my research wrt to the mf i would be investing in, i found them to be available on all the platforms. So is there any platform that stands out interms of charges, money transfer, liquidating and features like stp etc?

In terms of stocks, kite and upstox seem to be more matured compared to groww. They offer more features, commodities and the charges also seem to be on the lower side.

Should i go with a single platform(zerodha/upstox) or separate platforms for both?

https://select.finology.in/app/compa.../upstox/groww#
https://select.finology.in/brokerage.../zerodha/groww

dragonfire · 4th May 2021, 12:24

I am looking for a couple of stocks for long term investment. Can somebody suggest some? Current ups and dips do not matter.

karanraheja · 4th May 2021, 13:11

Quote:

Originally Posted by dragonfire

I am looking for a couple of stocks for long term investment. Can somebody suggest some? Current ups and dips do not matter.

HDFC LIFE , BAJAJ FINANCE , HUL , DIVIS LAB , ASIAN PAINTS , TCS , PIDILITE , HDFC LTD , HERO MOTO to name a few.

BLACKRiVAL · 4th May 2021, 14:51

Any views on IRFC for long term investment i.e. more than 10 years. Valuation looks attractive at CMP and dividend yield is pretty good. Can it give multi bagger returns?

adimicra · 4th May 2021, 17:36

Quote:

Originally Posted by karanraheja

HDFC LIFE , BAJAJ FINANCE , HUL , DIVIS LAB , ASIAN PAINTS , TCS , PIDILITE , HDFC LTD , HERO MOTO to name a few.

You have got a good selection of stocks. Almost all of the above stocks are evergreen stocks apart from Hero motors which is a cyclical stock. This type of investing is often called coffee can investing or low volatility investing. In fact, there are several factor based strategy indices in the NSE website for you to have a look - https://www.niftyindices.com/indices...rategy-indices

So, you can start from the Nifty 100 low volatility 30 index and then apply some criteria to pick your stocks. I would recommend 12-15 stocks for a solid well diversified portfolio. These indices are normally rebalanced (meaning stocks might be changed) every 6 months and therefore, easy to track and make changes, if needed.

adimicra · 11th May 2021, 19:53

I have been in the stock market for a long time.. but not on a continuous basis. I used to invest quite actively in the 2000's and then switched completely to mutual funds. Since last October, I have started investing actively again.

I have read quite a few books on investing and successful investors - as you know, there are so many different types of investing styles and many of them could be successful. However, it is important to choose a style which suits your risk appetite and where you have conviction. This is extremely important because there will be times when the markets will correct or your strategy will underperform the market - there is no strategy which will work all the time. So, unless you have conviction in your strategy, you will not be able to stick to it. And I believe this is where investors lose money.. they try something and if it does not work, switches to something else and so on and on thereby losing money repeatedly and then they blame the market and stop investing. I have also made this mistake but the good thing is I realized it sometime back. I tried to choose an investing style which provides me conviction and one which I can stick through for a few years. The behavioral part of direct equity investment is the most difficult part and I am still learning. That's why I always recommend start with a small amount in direct equity while putting bulk of your money in mutual funds. As you learn, improve and mature, slowly put more money into direct equity.

Another thing I would say is always have a portfolio based approach towards investing and measure the performance of your portfolio as a whole rather than some individual stock here and there. For me, I usually invest only in high-growth high-quality midcap companies (some smallcap) and use technical indicators to time the entry/exit. My holding period varies from a couple of weeks to 1 year or more - I try to ride the winning stocks till they have good positive momentum and I exit stocks which don't perform well. So, it is kind of a momentum strategy the details of which is difficult to discuss here. So far, I have been comfortably beating the midcap indices and most MFs quite easily. So, I have transferred more money to direct equity and right now 40% of my equity investment is in direct equity while rest 60% are through few MFs (both index and active). Hope it helps some people on their stock market investing journey.

anubshar · 16th May 2021, 12:47

Quote:

Originally Posted by BLACKRiVAL

Any views on IRFC for long term investment i.e. more than 10 years. Valuation looks attractive at CMP and dividend yield is pretty good. Can it give multi bagger returns?

Technically, IRFC got bearish few days after it got listed. From 5th March to 7th May it was in continuous downtrend. On 10th May IRFC made an attempt to change the trend from bearish to bullish by jumping over the 20 day moving average placed at 21.5. However, there is an AVWAP resistance standing at 24.2. Till the time price is below 24.2 we will call this move as a bounce.
Once price crosses 24.2 and sustains for a few days we can call it as confirmation of trend change and price can move higher towards 28-30.
Dividends will always be good as its a PSU company. I will suggest to keep holding till the price is in our favour. I am not in the camp where one should think for 10 long years, lets go year by year and see how the price performs. For next 2-3 years, yes you can continue to hold.

bluevolt · 20th May 2021, 13:04

Any particular reason why Dhampur sugar stock is raging these days out of no where? It was stagnant and now suddenly crossing 350+ mark.

AnniHilat0R · 20th May 2021, 16:28

Quote:

Originally Posted by bluevolt

Any particular reason why Dhampur sugar stock is raging these days out of no where? It was stagnant and now suddenly crossing 350+ mark.

Attachment 2158091

This:

Sugar exports beat lockdown blues, may touch 65 lakh tonne

Indian export to benefit from strong sugar prices globally

Karan_n8 · 20th May 2021, 19:01

Guys any recos to buy?

Sri Vathsa · 29th May 2021, 22:59

@smartcat and others

What is the best way to legally reduce tax when we trade in the market, I sometimes get into daily trading both in shares and f&o (profit is taxed at income slab), sometimes LTCG and STCG.

Is it better to open LLP or get registered as a sole proprietor/individual business? I was reading about LLP and as per the rules, you cant open/state the reason as I am opening the LLP to trade in the stock market (i would be using my/partners own money).

However, it is legal to trade if your primary business is something else and you are trading along with your regular business.

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	396	32.25%
26 - 50% -- I have a few stocks.	550	44.79%
51 - 75% -- I'm an active trader.	201	16.37%
76 - 100% -- Hey, I'm an i-banker!!!	81	6.60%
Voters: 1228. You may not vote on this poll

18th April 2021, 15:17	#4595
kedar3223 BHPian Join Date: Nov 2011 Location: Maharashtra Posts: 156 Thanked: 105 Times	Re: Do you play the stock market I am looking for investing in stocks and mutual funds through an online/app platform. Might also look at commodities in the future. Options found: Direct MF- groww, zerodha coin, et money, upstox, kuvera, paytm money. Stocks- zerodha kite, upstox, groww. Having done my research wrt to the mf i would be investing in, i found them to be available on all the platforms. So is there any platform that stands out interms of charges, money transfer, liquidating and features like stp etc? In terms of stocks, kite and upstox seem to be more matured compared to groww. They offer more features, commodities and the charges also seem to be on the lower side. Should i go with a single platform(zerodha/upstox) or separate platforms for both? https://select.finology.in/app/compa.../upstox/groww# https://select.finology.in/brokerage.../zerodha/groww Last edited by kedar3223 : 18th April 2021 at 15:19.
	() Thanks

4th May 2021, 12:24	#4596
dragonfire BHPian Join Date: Mar 2020 Location: TVM/DEN Posts: 50 Thanked: 1,647 Times	Re: Do you play the stock market I am looking for a couple of stocks for long term investment. Can somebody suggest some? Current ups and dips do not matter.
	() Thanks

4th May 2021, 14:51	#4598
BLACKRiVAL BHPian Join Date: Mar 2013 Location: Mumbai Posts: 117 Thanked: 270 Times	Re: Do you play the stock market Any views on IRFC for long term investment i.e. more than 10 years. Valuation looks attractive at CMP and dividend yield is pretty good. Can it give multi bagger returns?
	(1) Thanks

11th May 2021, 19:53	#4600
adimicra Senior - BHPian Join Date: Jul 2010 Location: Hyderabad Posts: 2,007 Thanked: 2,443 Times	Re: Do you play the stock market I have been in the stock market for a long time.. but not on a continuous basis. I used to invest quite actively in the 2000's and then switched completely to mutual funds. Since last October, I have started investing actively again. I have read quite a few books on investing and successful investors - as you know, there are so many different types of investing styles and many of them could be successful. However, it is important to choose a style which suits your risk appetite and where you have conviction. This is extremely important because there will be times when the markets will correct or your strategy will underperform the market - there is no strategy which will work all the time. So, unless you have conviction in your strategy, you will not be able to stick to it. And I believe this is where investors lose money.. they try something and if it does not work, switches to something else and so on and on thereby losing money repeatedly and then they blame the market and stop investing. I have also made this mistake but the good thing is I realized it sometime back. I tried to choose an investing style which provides me conviction and one which I can stick through for a few years. The behavioral part of direct equity investment is the most difficult part and I am still learning. That's why I always recommend start with a small amount in direct equity while putting bulk of your money in mutual funds. As you learn, improve and mature, slowly put more money into direct equity. Another thing I would say is always have a portfolio based approach towards investing and measure the performance of your portfolio as a whole rather than some individual stock here and there. For me, I usually invest only in high-growth high-quality midcap companies (some smallcap) and use technical indicators to time the entry/exit. My holding period varies from a couple of weeks to 1 year or more - I try to ride the winning stocks till they have good positive momentum and I exit stocks which don't perform well. So, it is kind of a momentum strategy the details of which is difficult to discuss here. So far, I have been comfortably beating the midcap indices and most MFs quite easily. So, I have transferred more money to direct equity and right now 40% of my equity investment is in direct equity while rest 60% are through few MFs (both index and active). Hope it helps some people on their stock market investing journey.
	(6) Thanks

20th May 2021, 13:04	#4602
bluevolt Senior - BHPian Join Date: Jan 2011 Location: New Delhi Posts: 3,274 Thanked: 3,474 Times View My Garage	Re: Do you play the stock market Any particular reason why Dhampur sugar stock is raging these days out of no where? It was stagnant and now suddenly crossing 350+ mark. Last edited by bluevolt : 20th May 2021 at 13:06.
	(1) Thanks

20th May 2021, 19:01	#4604
Karan_n8 BHPian Join Date: Jan 2020 Location: New Delhi Posts: 139 Thanked: 264 Times	Re: Do you play the stock market Guys any recos to buy?
	() Thanks

29th May 2021, 22:59	#4605
Sri Vathsa BHPian Join Date: Jan 2007 Location: Bangalore Posts: 112 Thanked: 137 Times	Re: Do you play the stock market @smartcat and others What is the best way to legally reduce tax when we trade in the market, I sometimes get into daily trading both in shares and f&o (profit is taxed at income slab), sometimes LTCG and STCG. Is it better to open LLP or get registered as a sole proprietor/individual business? I was reading about LLP and as per the rules, you cant open/state the reason as I am opening the LLP to trade in the stock market (i would be using my/partners own money). However, it is legal to trade if your primary business is something else and you are trading along with your regular business.
	() Thanks