https://www.google.com/amp/s/m.economictimes.com/markets/stocks/news/nomura-flags-2-billion-loss-cancels-bond-issue-shares-plummet/amp_articleshow/81745107.cms
Another Big thing this week, Billions in losses
Another Big thing this week, Billions in losses
The Economic Times
Nomura, Credit Suisse warn on losses after Archegos share dump
Nomura's loss was related to Archegos' trades, Bloomberg reported citing people familiar with the matter, one of whom said Archegos was a prime brokerage customer of Nomura.
Markets are in Fear.. If the fear turns into panic, then we may see a fall.. or else no..
One Thing Never to Do When the Stock Market Goes Down
*Don't panic. Have a strategy for different outcomes*
When the stock market goes down and the value of your portfolio decreases, it’s tempting to ask your financial advisor, “What should I do? Should I pull money out of the stock market?” That’s understandable but wrong. Instead, you should ask,
“What should I not do?
”The answer is simple: don’t panic. Panic selling is often people's first reaction when stocks are going down, leading to a drastic drop in the value of their hard-earned funds. It's important to know your risk tolerance and how it will affect the price fluctuations—called volatility—in your portfolio.
Investors can protect themselves from market risk by hedging their portfolio through diversification, which includes holding a wide variety of investments.
KEY TAKEAWAYS
*Knowing your risk tolerance level will help you to choose the right investments and avoid panicking during an economic downturn.
*Diversifying a portfolio with real estate, commodities, or precious metals, or hedging risk through some derivatives can mitigate some risk during market crashes.
*Experimenting with stock simulators (before investing real money) can provide insight into the market's volatility and your response to it.
*Don't panic. Have a strategy for different outcomes*
When the stock market goes down and the value of your portfolio decreases, it’s tempting to ask your financial advisor, “What should I do? Should I pull money out of the stock market?” That’s understandable but wrong. Instead, you should ask,
“What should I not do?
”The answer is simple: don’t panic. Panic selling is often people's first reaction when stocks are going down, leading to a drastic drop in the value of their hard-earned funds. It's important to know your risk tolerance and how it will affect the price fluctuations—called volatility—in your portfolio.
Investors can protect themselves from market risk by hedging their portfolio through diversification, which includes holding a wide variety of investments.
KEY TAKEAWAYS
*Knowing your risk tolerance level will help you to choose the right investments and avoid panicking during an economic downturn.
*Diversifying a portfolio with real estate, commodities, or precious metals, or hedging risk through some derivatives can mitigate some risk during market crashes.
*Experimenting with stock simulators (before investing real money) can provide insight into the market's volatility and your response to it.
*Foreign Institutional Investors are net sellers this week..
*Whereas Domestic Institutions like mutual funds and insurance companies are net buyers this week..
*Whereas Domestic Institutions like mutual funds and insurance companies are net buyers this week..
Secrets Of successful trading.
10 Steps to Mental Success
1.Stops – You must respect your stops. They compel you to take a minute and focus on where and why you went wrong.
2.Consistency – You must outline your strategy at the beginning and stick to it thereafter. Trust in your research and data.
3.Start small – Focus on big wins and you forget the importance of following the pattern. Over the long run, taking smaller positions will give you greater control. Then you can gradually increase your position size as your confidence grows.
4.Lifestyle – You must find a plan that fits around your lifestyle. Looking at 50 charts when you only have time for 5 is a guaranteed way to waste time and stress. Instead, concentrate on a few very good opportunities.
5.Noise reduction – It’s all too easy to get bogged down in huge volumes of microdata. Breathe for a minute and focus your energy on the overarching picture.
6.Realistic goals – This is one of the best trading secrets. Unrealistic profit targets will quickly lead to reckless decision making. So, set yourself small and realistic goals, particularly to start with.
7.Cutting losses – Going on autopilot and getting out is essential when threatened with big losses. So, prepare mentally and visualise that emergency exit. As Bruce Kovner highlighted, “if you personalise losses, you can’t trade.”
8.Learn from the best – Pick up books on developing discipline. The Disciplined Trader by Mark Douglas is a great place to start.
9.Trust yourself – Whilst chatrooms and forums can be useful, don’t allow yourself to be overly influenced. Spend too much time on them and you will quickly doubt your strategy when your capital is on the line.
10.Overall picture – Fix your bad habits and practice building that willpower in all aspects of life. You will then find staying neutral when you trade is far easier.
10 Steps to Mental Success
1.Stops – You must respect your stops. They compel you to take a minute and focus on where and why you went wrong.
2.Consistency – You must outline your strategy at the beginning and stick to it thereafter. Trust in your research and data.
3.Start small – Focus on big wins and you forget the importance of following the pattern. Over the long run, taking smaller positions will give you greater control. Then you can gradually increase your position size as your confidence grows.
4.Lifestyle – You must find a plan that fits around your lifestyle. Looking at 50 charts when you only have time for 5 is a guaranteed way to waste time and stress. Instead, concentrate on a few very good opportunities.
5.Noise reduction – It’s all too easy to get bogged down in huge volumes of microdata. Breathe for a minute and focus your energy on the overarching picture.
6.Realistic goals – This is one of the best trading secrets. Unrealistic profit targets will quickly lead to reckless decision making. So, set yourself small and realistic goals, particularly to start with.
7.Cutting losses – Going on autopilot and getting out is essential when threatened with big losses. So, prepare mentally and visualise that emergency exit. As Bruce Kovner highlighted, “if you personalise losses, you can’t trade.”
8.Learn from the best – Pick up books on developing discipline. The Disciplined Trader by Mark Douglas is a great place to start.
9.Trust yourself – Whilst chatrooms and forums can be useful, don’t allow yourself to be overly influenced. Spend too much time on them and you will quickly doubt your strategy when your capital is on the line.
10.Overall picture – Fix your bad habits and practice building that willpower in all aspects of life. You will then find staying neutral when you trade is far easier.
Some Important News Events in Stock Market
• Bank of Maharashtra: The board will consider raising capital by issuing Basel III bonds either through a follow-on public offer, rights issue, qualified institutional placement, preferential issue or a combination of these. The board will meet on April 29 to consider the proposal.
• Tata Motors: Company says lockdown in various parts of the country is expected to hit vehicle demand temporarily. The automaker said it will ensure optimal inventory levels by calibrating supplies with retail demand and also be prepared for a rebound in case of a return to normalcy. The company will also review and plan for the critical raw materials to cater to this volatile demand outlook.
• Sagar Cements: Board of Directors have approved a proposal to merge a wholly-owned subsidiary--Sagar Cements (R) Ltd.--with itself. SCRL has cement manufacturing and power generation facilities in Andhra Pradesh. The merger will not involve any fresh issuance of shares. The company said the merger will help in enhancing the scale of operations, reduce legal and regulatory compliance and lead to lower costs.
• Tech Mahindra: Board has approved a proposal for the acquisition of a 100% stake in Eventus Solutions Group LLC through its wholly-owned U.S. subsidiary for up to $44 million including earnouts. The transaction is expected to close by June 15, 2021.
• SAIL: The Bhilai steel mill will undertake a short shutdown to boost liquid oxygen supply in the country. The company said the closure will boost oxygen supply by 15 tonnes and will not affect dispatches. The steel ministry has also issued similar directives to other government-owned mills. (Bloomberg).
• Union Bank of India: Board of the bank will meet on April 29 to consider an extension of the validity of its fundraising plan for FY21.
• Reliance Home Finance: Company has defaulted on interest payments on term loans to Canara Bank and Dena Bank amounting to Rs 0.86 crore. The housing financier had borrowed, for a tenure of five years, Rs 300 crore from Canara Bank at 10% per annum and Rs 200 crore from Dena Bank at 9.2% per annum. The company said a delay in servicing debt is due to prohibition to dispose of any assets based on a Delhi High Court order.
• Shalby: Offer for sale by promoter Shah Family Trust has been subscribed 193% by non-retail investors on the first day of the issue. Promoters plan to sell up to 58.1 lakh equity shares, or a 5.38% stake, at a floor price of Rs 111 per share. The issue will continue on April 27.
• Federal-Mogul Goetze: Offer for sale gets subscribed 395% by non-retail investors on the first day. Promoter IEH FMGI Holdings LLC plans to sell up to 55.4 lakh equity shares, or a 9.95% stake, a floor price of Rs 250 per share.
• Hathway Cable and Datacom: Offer for sale gets subscribed 151% by non-retail investors on the first day. Three promoters--Jio Content Distribution Holdings, Jio Internet Distribution Holdings and Jio Cable and Broadband Holdings--plan to sell up to 20.5 crore shares of the company, representing an 11.6% stake, at a floor price of Rs 21.5 apiece.
• Nifty Company's that are going to declare Earnings: Axis Bank, Maruti Suzuki India, Britannia Industries, Bajaj Finance
• Non-Nifty Companies that are going to declare Earnings: ABB India, Gateway Distriparks, Hatsun Agro Product, HDFC Asset Management Company, Hindustan Zinc, JTL Infra, Moschip Technologies, Nippon Life India Asset Management, PNB Housing Finance, Sanofi India, Symphony, Syngene International, Tata Investment Corporation, TVS Motor Company, United Breweries, Vesuvius India, VST Industries
• Bank of Maharashtra: The board will consider raising capital by issuing Basel III bonds either through a follow-on public offer, rights issue, qualified institutional placement, preferential issue or a combination of these. The board will meet on April 29 to consider the proposal.
• Tata Motors: Company says lockdown in various parts of the country is expected to hit vehicle demand temporarily. The automaker said it will ensure optimal inventory levels by calibrating supplies with retail demand and also be prepared for a rebound in case of a return to normalcy. The company will also review and plan for the critical raw materials to cater to this volatile demand outlook.
• Sagar Cements: Board of Directors have approved a proposal to merge a wholly-owned subsidiary--Sagar Cements (R) Ltd.--with itself. SCRL has cement manufacturing and power generation facilities in Andhra Pradesh. The merger will not involve any fresh issuance of shares. The company said the merger will help in enhancing the scale of operations, reduce legal and regulatory compliance and lead to lower costs.
• Tech Mahindra: Board has approved a proposal for the acquisition of a 100% stake in Eventus Solutions Group LLC through its wholly-owned U.S. subsidiary for up to $44 million including earnouts. The transaction is expected to close by June 15, 2021.
• SAIL: The Bhilai steel mill will undertake a short shutdown to boost liquid oxygen supply in the country. The company said the closure will boost oxygen supply by 15 tonnes and will not affect dispatches. The steel ministry has also issued similar directives to other government-owned mills. (Bloomberg).
• Union Bank of India: Board of the bank will meet on April 29 to consider an extension of the validity of its fundraising plan for FY21.
• Reliance Home Finance: Company has defaulted on interest payments on term loans to Canara Bank and Dena Bank amounting to Rs 0.86 crore. The housing financier had borrowed, for a tenure of five years, Rs 300 crore from Canara Bank at 10% per annum and Rs 200 crore from Dena Bank at 9.2% per annum. The company said a delay in servicing debt is due to prohibition to dispose of any assets based on a Delhi High Court order.
• Shalby: Offer for sale by promoter Shah Family Trust has been subscribed 193% by non-retail investors on the first day of the issue. Promoters plan to sell up to 58.1 lakh equity shares, or a 5.38% stake, at a floor price of Rs 111 per share. The issue will continue on April 27.
• Federal-Mogul Goetze: Offer for sale gets subscribed 395% by non-retail investors on the first day. Promoter IEH FMGI Holdings LLC plans to sell up to 55.4 lakh equity shares, or a 9.95% stake, a floor price of Rs 250 per share.
• Hathway Cable and Datacom: Offer for sale gets subscribed 151% by non-retail investors on the first day. Three promoters--Jio Content Distribution Holdings, Jio Internet Distribution Holdings and Jio Cable and Broadband Holdings--plan to sell up to 20.5 crore shares of the company, representing an 11.6% stake, at a floor price of Rs 21.5 apiece.
• Nifty Company's that are going to declare Earnings: Axis Bank, Maruti Suzuki India, Britannia Industries, Bajaj Finance
• Non-Nifty Companies that are going to declare Earnings: ABB India, Gateway Distriparks, Hatsun Agro Product, HDFC Asset Management Company, Hindustan Zinc, JTL Infra, Moschip Technologies, Nippon Life India Asset Management, PNB Housing Finance, Sanofi India, Symphony, Syngene International, Tata Investment Corporation, TVS Motor Company, United Breweries, Vesuvius India, VST Industries