Indian stock market overtakes France; becomes sixth biggest

[undercover JIX]

bade samay baad shubh samachar . badhai ho badhi bharat varsha kay vasiyoon.

 

[Chhatrapati]

bade samay baad shubh samachar . badhai ho badhi bharat varsha kay vasiyoon.

We have been hearing positive news in terms of investment and businesses for quite some time now. It's not a good news after a long time. Its consistent good news after good news.

 

[Paro_Peagus]

Most of Indians don’t know about stock markets and stuff, still it’s 100%+ Wonder Why does China’s Market cap is low even if we include HongKong. I expected it to be 30 Trillion.

Indians always had an alternate source for investments like real-estate, chitfunds, mutual funds and gold. Stock market is relatively new to the public and picked up due to zerodha and similar low commission patforms. But still considered a speculative investment. It would take a decade before its people really start trusting it.

This is not the case in the US. Barely anyone invests in realestates, bank interests are at 1%, mutual fund ( private funds) are only a very high value player game. And gold is almost negligible. S&P500 has always given a consistent returns so almost everyone has a portfolio.

 

[undercover JIX]

We have been hearing positive news in terms of investment and businesses for quite some time now. It's not a good news after a long time. Its consistent good news after good news.

Thank you very much for the clarification, bas binti karo Bhagwan kirpiya banae rakhay.
I am not much informed now a days.

 

[Kingdom come]

Thank you very much for the clarification, bas binti karo Bhagwan kirpiya banae rakhay.
I am not much informed now a days.

I am very impressed by you and your knowledge can you follow me or open your profile so I can see your threads
You are an amazing poster
@undercover JIX will be appreciated

 

[undercover JIX]

I am very impressed by you and your knowledge can you follow me or open your profile so I can see your threads
You are an amazing poster
@undercover JIX will be appreciated

Thanks for your kind words.
Rest of the Indian members can tell you that I am just a nautanki and have no posts or threads worth wasting your valuable time.

search function/tab still works in PDF, I assume.

 

[Kingdom come]

Thanks for your kind words.
Rest of the Indian members can tell you that I am just a nautanki and have no posts or threads worth wasting your valuable time.

search function/tab still works in PDF, I assume.

Yeah but you cannot see threads opened by date and many of them are disjointed for ex if I search "India" title by date Thier will be one thread and another thread opened a month or week later I want to read all threads in order if you could it would be very appreciated @undercover JIX
Your critique on Hinduism is one of my most enjoyable reads
Thanks

 

[Protest_again]

Yeah but you cannot see threads opened by date and many of them are disjointed for ex if I search "India" title by date Thier will be one thread and another thread opened a month or week later I want to read all threads in order if you could it would be very appreciated @undercover JIX
Your critique on Hinduism is one of my most enjoyable reads
Thanks

If you look into his thread history, you'll only find all anti-India thread accumulations. I don't know what left such a favorable impression of him on you. He is out and out anti-India.

 

[Englishman]

That's good

But Frances population is approximately 5% that of India

You need to work on that ratio.

 

[lightoftruth]

That's good

But Frances population is approximately 5% that of India

You need to work on that ratio.

That is true, our depth in stock market is very limited.

Just 2 % of Indians engage in it.

It also shows the massive potential increase in future.

 

[Kingdom come]

Thanks for your kind words.
Rest of the Indian members can tell you that I am just a nautanki and have no posts or threads worth wasting your valuable time.

search function/tab still works in PDF, I assume.

Pls consider what I said @undercover JIX

 

[Black Tornado]

Importing Chinese components I hear. It's likely another micromax who will disappear once OEM companies arrive.

No, it’s 90% Indian by composition as per the company.

 

[jamahir]

In stock market, you invest funds in companies you feel have potential and need your funds to expand their business.

stocks are good in the way that banks are good. yes its kind of like gambling, but it allows for the companies to raise cash to invest into their projects.

For a few days recently I too was of the opinion that a company requiring funds to develop a product or for some experimentation can offer stocks and gather funds but now I have gone back to my original idea that the concept of stock market need not exist. Any working funds required by a company can be taken from the bank - the bank being a single one and run by the system ( no private banks ) and the loan being non-interest-based. The company should be arranged on collective basis with the workers including the leaders all being equal owners. The loan once received can be payed back monthly to the bank by taking an equal portion from the workers money.

Further we must question the concept of money. It is an artificial construct. Communism calls for the eventual abolition of money but I don't know how that can be done ATM. Communism also calls for the abolition of economic classes ( rich, middle, poor ). In this thread I have presented a new economic system that does away with the traditional money system but does not do away entirely the concept of money itself yet eradicates economic classification. In such a system there is no need for stock markets. The bank will exist only to give out non-interest-based loans for such things like working capital and buying jewelry.

also, one guy committing suicide doesn't means anything

Even one suicide because of socio-economic reasons is tragic enough. In this particular case it shows that the Chinese saying their country is Communist is a lie.

or did you want to hear about the amount of indian committing suicide because of debts?

I am that Indian member who often speaks of socio-economic suicides in India whether it be of students or farmers. I have for at least 100 times mentioned the 300,000+ Indian farmers who committed suicide just between 1995 and 2015. And below are my recent threads on the topic :

India - student suicide by one aspiring to write a major exam

NEET aspirant dies by suicide ahead of exam in Tamil Nadu's Salem Onmanorama Staff Published: September 12, 2021 04:00 PM IST Updated: September 12, 2021 08:57 PM IST Dhanush Salem: A NEET candidate committed suicide ahead of the entrance exam in Tamil Nadu's Salem. A native of Mettur in...

defence.pk

India - Jobless engineer slits son's throat, takes poison with wife : Cops

Jobless Engineer Slits Son's Throat, Takes Poison With Wife: Cops Both the man (55) and his wife were in acute depression, according to a primary probe based on the latter's statements. Her statements also revealed that the couple had planned the entire episode nearly two to three days ago...

defence.pk

Indian woman student commits suicide because of no scholarship funds received

Trigger Warning: LSR Student Dies By Suicide Due To Financial Pressures As Per Note Soumyaseema Sun 8 November 2020, 12:02 PM IST Nowadays, it is not at all rare to see students stressed, anxious, or perplexed about their future. The ongoing pandemic has added to those concerns in every...

defence.pk

India has been extremely Capitalist for the last 3000 years and this must be changed.

Lets say you decide to invest in a startup, as an angel investor you expect the business will be profitable and you invest in it. That's just like gambling is what you say. Maybe it is gambling.

If I am a venture capitalist who invests without morals in the currently fashionable but useless Indian edtech companies like Toppr which are meant not for education but for maintaining the wrong thing of competitive exams ( say in computer engineering ) and scoring the highest possible marks in them then I am doing what in common understanding is gambling.

If I however invest in an Indian space startup which intends to land 30 Indians on Mars by 2035 I will be investing sensibly. Even better if the company creates supporting technologies like computers, science instruments, food etc. And this will be profitable too.

None of this needs the existence of stock market. Please see my above reply to Magra and Applesauce.

No, you create a reasonable system that's being followed everywhere in the world. Or try to assimilate as much as possible.

A socio-economic system when partially wrong or fully wrong ( like in India ) has to be changed. You may choose to absorb the best practices from elsewhere as well as add your own ideas. Please read the above link to my thread about a new economic system.

You don't invent a system that prevents suicide.

Even one suicide because of socio-economic reasons is tragic enough and must be prevented at all costs.

 

[Chhatrapati]

Any working funds required by a company can be taken from the bank - the bank being a single one and run by the system ( no private banks ) and the loan being non-interest-based.

You're free to move to your own "Kalisa" Island and experiment with such a system in your own country.
BTW How do you bankroll around $3billion dollars a day to thousands of companies. Put all the banks together and they can't fund it. Without interest you can't make a profit of the lending. Good luck to you financial experiments.

If I am a venture capitalist who invests without morals in the currently fashionable but useless Indian edtech companies like Toppr which are meant not for education but for maintaining the wrong thing of competitive exams ( say in computer engineering ) and scoring the highest possible marks in them then I am doing what in common understanding is gambling.

If I however invest in an Indian space startup which intends to land 30 Indians on Mars by 2035 I will be investing sensibly. Even better if the company creates supporting technologies like computers, science instruments, food etc. And this will be profitable too.

None of this needs the existence of stock market. Please see my above reply to Magra and Applesauce.

Then don't invest, you're free to invest in anything else. Useless I'm not sure. There is a demand for it, then there will be businesses that would cater to those demands. VCs are not there for morality, but to make money.

Similarly, why do you want to land n number of Indians on mars, and why fund a startup that's planning on it? How do you plan to generate revenue over a project that may or may not take off or before cheaper options available? The former one has more chances of giving returns than this science project.

A socio-economic system when partially wrong or fully wrong ( like in India ) has to be changed. You may choose to absorb the best practices from elsewhere as well as add your own ideas. Please read the above link to my thread about a new economic system.

Sure, you're welcome to try to change it. If enough people back your idea then there can be a change. Such ideas are not new, Auroville is a similar project with such holistic ideas.

Even one suicide because of socio-economic reasons is tragic enough and must be prevented at all costs.

People commit suicide for a variety of reasons, as tragic as it is, there is no point in making rash decisions over it.

No, it’s 90% Indian by composition as per the company.

Yeah, numbers are tricky. Do they have information on where they make the battery, motors?

 

[magra]

For a few days recently I too was of the opinion that a company requiring funds to develop a product or for some experimentation can offer stocks and gather funds but now I have gone back to my original idea that the concept of stock market need not exist. Any working funds required by a company can be taken from the bank - the bank being a single one and run by the system ( no private banks ) and the loan being non-interest-based. The company should be arranged on collective basis with the workers including the leaders all being equal owners. The loan once received can be payed back monthly to the bank by taking an equal portion from the workers money.

You say that banks should give loans but charge no interest. How will this work? How will banks pay salaries to its employees or pay rent on the building etc. In fact, how will they get funds to give loans since no one will deposit money in a bank without getting an interest on it.

Even if we assume that any company can take loan from bank, banks do need certain collateral as mandated by govt. Small firms often have little to offer as collateral, plus their level of risk is high enough for banks to decline loans. For these firms, stock markets are the best source to gain funds. Even large firms need to at times manage their debt levels, so they go for stock funding. I do not understand the harm in it.