{"id":92895,"date":"2018-10-07T12:29:20","date_gmt":"2018-10-07T12:29:20","guid":{"rendered":"http:\/\/www.bnreport.com\/tweet-buster-what-to-do-lessons-from-kedia-and-others-plus-some-contra-tips\/"},"modified":"2018-10-07T12:29:20","modified_gmt":"2018-10-07T12:29:20","slug":"tweet-buster-what-to-do-lessons-from-kedia-and-others-plus-some-contra-tips","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/tweet-buster-what-to-do-lessons-from-kedia-and-others-plus-some-contra-tips\/","title":{"rendered":"Tweet buster: What-to-do lessons from Kedia and others, plus some contra tips"},"content":{"rendered":"

NEW DELHI: As the Indian stock market marked its worst week in over two years, the mood turned somber on Twitter<\/a> too. <\/p>\n

The BSE Sensex<\/a> shed 5.1 per cent during the week gone by while its NSE counterpart, Nifty, ended 5.6 per cent lower. Midcaps and smallcaps were among the worst hit. <\/p>\n

The fear was there all over Twitter. The question that haunted most investors was, for how long will this market crash play out. <\/p>\n

Investors were counting on the Reserve Bank of India to provide a balm to the sliding rupee. Alas! The central bank surprised one and all with its indifference to the plight of the rupee, which became a source of huge disappointment for most investors, leading to intensified selling on Dalal Street<\/a>. <\/p>\n

Dalal Street mavens mostly stayed on the sidelines and had only one advice to offer \u2013 stay put. Let's jump straight into whats buzzing in D-Street biggies Twitter posts: <\/p>\n

Vijay Kedia
<\/strong>The highly acclaimed and renowned Dalal Street name has one simple tip to offer: \u201cNothing stays forever.\u201d Replying to a fellow Twitter user, he asked him to switch off the TV and not look at stock prices for now. <\/p>\n

\n

Dost apne dono ek hi gaadi mein hai\u2026TV band kar, bhav mat dekh aur soch\u2026 wo bhi nahi raha, ye bhi nahi rahega. https:\/\/t.co\/PaSziaVftn<\/p>\n

&mdash; Vijay Kedia (@VijayKedia1) 1538630135000<\/a><\/p>\n<\/blockquote>\n

Shyam Sekhar of iThought, too, had something similar to say, \u201cThe pain will go away via an Instagram-inspired stock image.\u201d <\/p>\n

\n

To those who ask when the pain will go away. https:\/\/t.co\/C580uwIt2c<\/p>\n

&mdash; Shyam Sekhar (@shyamsek) 1538543493000<\/a><\/p>\n<\/blockquote>\n

Basant Maheshwari, whose favourite hashtag is #TheThoughtfulInvestor, also tells you to hold tight. <\/p>\n

\n

Its easy to panic and fold up on the pretext of having a good nights sleep but being awake for a some nights in a\u2026 https:\/\/t.co\/oEnPxDflc8<\/p>\n

&mdash; Basant Maheshwari (@BMTheEquityDesk) 1538532600000<\/a><\/p>\n<\/blockquote>\n

Besides the market crash, the other highlight of the week was definitely the Rs 2.50 per litre cut in petrol prices. Although it came as a relief for the common man, it did not bode well for the oil marketing companies as they were asked to bear the burden of Re 1 price cut. <\/p>\n

Guess who took a dig at the OMCs? Yes, Samir Arora<\/a>. Check out what he had to say:
<\/em> <\/p>\n

\n

Chalo- they have made sure that yesterday's oil price cut is largely neutralized due to weak currency.<\/p>\n

&mdash; Samir Arora (@Iamsamirarora) 1538733057000<\/a><\/p>\n<\/blockquote>\n

Sandip Sabharwal, an independent advisor at asksandipsabarwal.com, reiterated his stance to hold the OMCs and also condemned the government decision. In a series of tweets<\/a>, Sabharwal expressed both disappointment and anger over this move. <\/p>\n

\n

I have been warning against investing in Oil OMC PSUs with the view that at some stage Govt will blink & make them\u2026 https:\/\/t.co\/LQUPjEdNLE<\/p>\n

&mdash; sandip sabharwal (@sandipsabharwal) 1538646975000<\/a><\/p>\n<\/blockquote>\n

\n

The Bureaucrats never learn, they just don't. They think they are over-smart @arunjaitley @FinMinIndia @PMOIndia\u2026 https:\/\/t.co\/Q28hr7UssS<\/p>\n

&mdash; sandip sabharwal (@sandipsabharwal) 1538647700000<\/a><\/p>\n<\/blockquote>\n

\n

PSU Oil Companies Market Cap down another Rs 75000 Cr today. Congratulations @FinMinIndia your brilliant decision t\u2026 https:\/\/t.co\/93tzJTCffV<\/p>\n

&mdash; sandip sabharwal (@sandipsabharwal) 1538712829000<\/a><\/p>\n<\/blockquote>\n

Like we always do, let me wrap up this week's piece with some contra-investing tips and advice from Shyam Sekhar. Happy Reading! <\/p>\n

\n

Went through all of yesterday's WA posts in a hyperactive group. People were avoiding politics even as we head into\u2026 https:\/\/t.co\/6lGDbZT1rP<\/p>\n

&mdash; Shyam Sekhar (@shyamsek) 1538698765000<\/a><\/p>\n<\/blockquote>\n

\n

When a stock cracks after holding very firm for very long, we jump to buy. Window of opportunity appears short. La\u2026 https:\/\/t.co\/Z9tyCYv9dB<\/p>\n

&mdash; Shyam Sekhar (@shyamsek) 1538535957000<\/a><\/p>\n<\/blockquote>\n

\n

Look at niche export centric businesses. And mass producing import substitute industries. If they are well poised\u2026 https:\/\/t.co\/mtK0qEpLua<\/p>\n

&mdash; Shyam Sekhar (@shyamsek) 1538453034000<\/a><\/p>\n<\/blockquote>\n

\n

Without same pattern of aggressive fee recognition, faced with end of easy mobilization of bulk monies from banks &\u2026 https:\/\/t.co\/qIqpDnksf9<\/p>\n

&mdash; Shyam Sekhar (@shyamsek) 1538450390000<\/a><\/p>\n<\/blockquote>\n

\n

The 52 week high is now history. It has no real meaning if a stock soared earlier due to rigging, float mop, side c\u2026 https:\/\/t.co\/9JDroSEYCI<\/p>\n

&mdash; Shyam Sekhar (@shyamsek) 1538373471000<\/a><\/p>\n<\/blockquote>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

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