livelearnadd @livelearnadd

The more we all speak the same language, there is Hope. #RemoveSTT

Vivek Bajaj @vivbajaj

a month ago

Now that the government is addressing the benchmarking challenge for foreign funds by introducing CAS, can we also request the “head of the family” to rethink STT for its own kids? I am sure we want our Indian participants to survive, and our market microstructure to thrive.

43 141 670 68K 38

The deadline to submit feedback on CAS is 3rd Oct and approaching fast. I have recorded the step-by-step process and the importance of providing this feedback 👇 CAS impacts the entire ecosystem and not just 0DTE so please give the feedback and spread the word.

Now that the government is addressing the benchmarking challenge for foreign funds by introducing CAS, can we also request the “head of the family” to rethink STT for its own kids? I am sure we want our Indian participants to survive, and our market microstructure to thrive.

The way CAS price moved today, it was nothing but manipulation again. ~1000 point swings 3-4 times in the last 10 mins. As usual, no one is going to be caught.. No action will be taken. Retailers will keep getting butchered.

Not to make it political, but BJP has taxed the capital markets to a point of crippling it. LTCG, indexation removal,STCG hike, STT hike, dividend tax-in their greed to milk the most from markets, they've effectively killed the golden goose.

🚨Indian Gems @IndianGems_

a month ago

🚨 The Indian stock market has delivered zero returns over the last two years, happened for the first time in 26 years.

342 2K 12K 505K 331

One week completed Consultation paper expiry today

Yet again. Where is the consultation paper @SEBI_updates @_anujsinghal @KiritSomaiya @CNBCTV18Live

Arjun Tandon @iarjuntandon

a month ago

The way CAS price moved today, it was nothing but manipulation again. ~1000 point swings 3-4 times in the last 10 mins. As usual, no one is going to be caught.. No action will be taken. Retailers will keep getting butchered.

26 41 205 16K 6

Indian Stock Market has literally been thrashed left, right and centre by the people running it at the Central level. Open manipulations, irrelevant regulations, govt-centred taxes, limited enforcement of rules are strong deterrents. The 8-10 percent profitable traders have not fought just against price movements but MULTIPLE invisible forces acting against them in this Investor/Trader UNFRIENDLY Stock market, the only of its kind in the world, if not universe.

In any country that genuinely values transparency, accountability and market integrity :- The SEBI chief and every official responsible for implementing CAS in this manner should have been fired immediately. You cannot impose a fundamental change to the market’s price-discovery mechanism in the name of “global best practices” without rigorous due diligence, proper consultation, stress-testing and consideration of its consequences. Copying a global practice is not reform. Blindly importing a system without understanding its consequences is regulatory negligence. When millions of traders and investors are forced to live with the consequences of a flawed implementation, they must be held responsible. Accountability cannot end with the circular. It must begin with the people who wrote it. @SEBI_India @NSEIndia @BSEIndia @FinMinIndia #OptionsTrading #trading #nifty #sensex #stockmarket #trader #SEBI #NSE #BSE #CAS #RollbackCAS #IndianStockMarket #AbolishSTT #RetailTraders

Dear @narendramodi Sir, your so-called bureaucracy is simply not listening to us. I was once a huge supporter of you, but honestly, it feels like our concerns are being ignored. I am ready to debate the SEBI Chairperson publicly and demonstrate, with data and logic, why the current CAS implementation is not suitable for the Indian market at this stage. This is my country too. I voted for you, and I have every right to question policies that affect our markets and economy. Whether there is a hidden agenda or not, lack of transparency and accountability is unacceptable. This may be a small group raising the concern today, but the issue is becoming increasingly messy. If the data behind CAS is genuinely robust, publish it and address the concerns transparently. Please intervene. Fix the CAS issue before it creates a bigger problem. The public deserves answers. @SEBI_India @PMOIndia @FinMinIndia @_anujsinghal @abhijeetpushkar @iarjuntandon @AshishGupta325 @unweild @Mitesh_Engr @rajmichaelsfit @ZeeBusiness @sumitkbehal @piyushchaudhry @vishalmehta29 @CommerceGuruu @CNBC_Awaaz @DEBU_NEOGI @dhanesh500 @itjegan @kapildhama @dhirajsinha @TradingBeast_ @schooliyaEngr @FI_InvestIndia @justnottamomma @gurjota @hsvashistha16 @VRtrendfollower @ihimanshuojha1 @IRITA_india @niftywizard @niftyclubz @Nick_khandelwal @KiritSomaiya @PRAFULKULKARN18 @SarangSood @LeverageAlpha_ @Sanju_Lakshya @Justsiva123 @piyushgoriya1 @saketh1998 @Ronak_Unadkat @kirubaakaran @sumitkbehal @sumitj362 @AartiTikka @Trader_souradep @Vijayec2008 @the_avid_trader

Cash market will face the heat too. Better to revert CAS, Old VWAP system is better and transparent. @SEBI_India "It takes guts and humility to admit mistakes. Admitting we're wrong is courage, not weakness." - Roy T. Bennett

R @AlphaWizarDD

2 months ago

🚨If you thought CAS was only an F&O trader problem, Phase 2 just changed that. CAS has now expanded to non-F&O stocks too. Imagine this: You buy a stock at ₹1,000 for a swing trade. Your stop-loss is ₹950. During the CAS, the stock suddenly falls to ₹900. You want to

16 42 219 37K 37

SEBI has once again exposed its incompetence. Some brokers used to join Spaces and praise SEBI, even giving it credit for Indian market participants suffering relatively less during the COVID crash, calling it the result of SEBI’s “visionary” decisions. Well, look at SEBI now. Its decisions and handling of the CAS issue have exposed how out of touch it is with retail investors. Every claim of visionary regulation now stands under serious scrutiny. And that “Nandi bail” broker who was busy defending SEBI should probably stop trying to save the regulator’s face. The spineless defence needs to end.

One DANGEROUS thing about CAS that has not been said. A derivatives trader can opt out. Sit out the last 25 minutes, skip expiry, trade something else. The damage needs his/her participation. BUT. A long-term Investor cannot opt out. He is not in the auction, most do not know it runs, and he still gets its price. His portfolio value, his fund’s NAV. All marked to a number set in a window he was never in. That is already true for the 213 stocks CAS covers today. Phase 2 extends it to the rest of the market. Thinner stocks, same 20 minutes, and a much larger group of people who will not know why their holding closed 3% away from where it traded all day. The derivatives trader at least got to walk away.

"Stop this CASino SEBI" I have never seen a journalist completely tear apart SEBI like this. SEBI wanted to fix a ₹2 tracking error and accidentally turned the market close into a ₹1.4 trillion roulette wheel. Absolutely must read article on CAS with very good suggestions at the end. businessworld.in/article/stop-t… #RollbackCAS #CASino

The institutions could buy nifty 100 points lower just 30 min ago. But they wanted to contribute to India's growth story. So they overpaid & bought at 24060. True patriots! Price discovery kesa ho? India ka CAS jesa ho! #CAS

Must read!! Very few have the balls to call spade a spade. While even the biggest of broking houses & exchanges tuck their tails between their legs when it comes to speaking against the draconian policies,@palakshahjourno has left no holds barred 👏 businessworld.in/article/stop-t…

@SEBI_India is turning into a deregulator. The flawed CAS implementation is causing massive losses for retail derivative traders under the guise of "fair price discovery," directly benefiting large institutions. Retail derivative traders are facing severe losses due to frequent market discrepancies caused by SEBI's CAS framework. There have been many instances in August month only. Instead of ensuring fair price discovery, it's tilting the field toward big institutions. ​@FinMinIndia @PMOIndia, urgent intervention is needed. #rollbackCAS

THE GREAT PRICE DISCOVERY There was once a town famous for its perfectly functioning weighing scale. Every evening, merchants used it to decide the final weight of everything sold in the market. One day, a committee arrived. “We can make the final weight more accurate.” The merchants asked how. “Price discovery.” Nobody understood what that meant, which was reassuring because it sounded important. So the committee installed a new machine. A few days passed. Nobody quite understood what the machine was doing. Sometimes a sack that had weighed 100 kg all afternoon would suddenly show 96 kg, only to return to 100 a few minutes later. Sometimes two identical sacks would somehow finish the day with noticeably different weights. Sometimes the machine would swing wildly in the final minutes, while the merchants were still buying and selling based on whatever number flashed on the screen. People complained. A few merchants demanded that the old scale be brought back. The committee assured everyone there was nothing to worry about. “These are just temporary issues. The new system will improve price discovery.” Then one day, a sack that had weighed 100 kg all afternoon was placed on the machine near closing time. It showed 98 kg. Then 96. Then 94. The market closed. Everyone started shouting. Some merchants rushed to sell. Others cancelled orders. A few checked whether somebody had actually stolen grain from the sack. The committee remained calm. “Please don’t panic. The machine has discovered the true weight.” So 94 kg became the official weight of the sack. The next day, the same sack was placed on the same machine. 99.8 kg. The merchants stared at the display. One of them finally asked: “Yesterday you discovered it was 94 kg.” The committee nodded. “And today you’ve discovered it is 99.8 kg?” Another nod. The old merchant standing nearby asked: “So which one was the true weight?” The committee smiled: “Yes.”

Guys ENOUGH is ENOUGH Time to take action .. join this space and lets discuss #RollbackCAS @PMOIndia please save the Indian Markets from corruption

Arjun Tandon @iarjuntandon

2 months ago

Today’s Sensex expiry was a death bell. This can’t keep happening like this. Join the Spaces at 4:30 PM. x.com/i/spaces/1XGyg…

12 26 108 14K 10

Absolute horror show in Sensex today, falling close to 2500 points, more than 3% in the first few minutes of CAS. These are India's largest 30 companies, which are trading like memecoins. A $4 trillion market has become a laughing stock with the introduction of CAS.