Wednesday, February 1, 2023

Was this the Budget effect or Attack on India, again!

 Oh Finance Minister , what have you done?

As I said earlier , I don't watch TV now .. so I missed the television coverage of Budget .. As it is, they have to say its Masterstroke or lose their jobs.

I was calmly waiting for Budget Pdf to be downloaded, when 1 of 76 browser tabs open started giving noise . 



I glanced and it looked peculiar and so I switched to alphabetically ordered view. Now stock index is still in the green but All Adani shares are massively in red.

Last time this happened, Adani group called it "Attack on India " .. was next year's budget an attack on India too? 🔔 Must be ..

Because Hindenburgresearch people are sleeping nicely in New York, it must be budget right? ROFL

Whatever be the reason, I shall control my temptation and resist viewing any corrupt media tycoon owned coverage which will invariably be full of useless platitudes and praise for ruling dispensation. 

But in other news, Mukesh Ambani must be the richest Asian and Indian now. Let's hope they are still Indian and not Australian like Adani CFO!😛😜

Updated on 14:17 IST 

The screen looks even worse now..


Where are "Chomu" people who bought Adani FPO yesterday? Send them to Abu Dhabi , of course after the checking if they are defaulting on any Bank loan or paid income taxes properly for last 10 years, in those cases confiscate their passports.  But seriously, India will be better off without them.


Looks like this thing.. Lower Circuit, has been hit for most Adani stocks and no one trade them now, for today.

Side-effect: Contagion will now spread to other Banking and Insurance stocks. LIC and PNB took the hit real bad already.

1 comment:

  1. My first reaction on this year's budget:

    When Finance Minister talks about caring about people's health (or was it merely health insurance), why should X-ray machines cost more?

    Would a Doctor look into the X-ray plates of an injured or his or her health insurance coverage first?

    Maybe in Private-owned, for-profit Hospitals .. they would prefer the latter.

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