IndusInd Bank shares fall 20% after Q2 profit drop, asset quality deterioration

[hender]

Started trading again after the previous lower circuit.. Imagine for the
poor guys who are the holders..feel very sad for them..

View attachment 86301

In 2020 it fell from 1200 level to 335, at that speed of falling, even it was not sure will it touch 100 or 50.

 

[SSV]

In 2020 it fell from 1200 level to 335, at that speed of falling, even it was not sure will it touch 100 or 50.View attachment 86308

Very much possible.. when trust is lost anything is possible

 

[hender]

Very much possible.. when trust is lost anything is possible

Only small investors suffering, Yes Bank is the case, people having it before 2020 when it fell from 400 than 160-240 range, been so many years.

 

[SSV]

Only small investors suffering, Yes Bank is the case, people having it before 2020 when it fell from 400 than 160-240 range, been so many years.View attachment 86325

The fall continues...

25% down in one single session..

 

[hender]

The fall continues...

25% down in one single session..

View attachment 86326

Normally stops at 30%, on a single trading day, When market is otherwise not in so bad condition.
After entering into deep oversold zone, it pauses for fresh short , generally

 

[Lakshya Mahani]

Ek din mein lagvag 30k le gaya mera 🥲View attachment 73178

Sir, aapka average price abhi bhi yehi hai?

 

[Das.N]

Started trading again after the previous lower circuit.. Imagine for the
poor guys who are the holders..feel very sad for them..

View attachment 86301

I am one of those poor guys 😢, And I lost almost 68000X2= 136000 in this single stock (me and my siblings' account).

Ab soch raha hoon ki adha capital hi bacha loon.

Aur ek cheez ki seekh mujhe aj bohot acchi tarah se mili, ki mein gadha hoon aur kabhi direct stock investing nehi karunga.
From today, I will only focus on diversified mutual funds

Now, I need a suggestion from the experts here, should I exit from this stock now? I don't need this money now and keep it invested for 10-15 years.
Kya 2-3 saal mein recovery ki koi chances hai ya phir aur 30-50% loss ho sakta hai?

 

[SSV]

View attachment 86328I am one of those poor guys 😢, And I lost almost 68000X2= 136000 in this single stock (me and my siblings' account).

Ab soch raha hoon ki adha capital hi bacha loon.

Aur ek cheez ki seekh mujhe aj bohot acchi tarah se mili, ki mein gadha hoon aur kabhi direct stock investing nehi karunga.
From today, I will only focus on diversified mutual funds

Now, I need a suggestion from the experts here, should I exit from this stock now? I don't need this money now and keep it invested for 10-15 years.
Kya 2-3 saal mein recovery ki koi chances hai ya phir aur 30-50% loss ho sakta hai?

Very sad to hear your story..

Regarding what to do.. we can't give you financial advice here as we are not licensed to offer any advice..'


However,
You need to know that just don't hang on to systematically falling stock and also you need to find out another good stock to put the money you get if you decide to sell this stock now...
there is more likelihood this will go further down but we dont know what happens with regard to management's decision..

Even though I want to tell my opinion, I can't tell you because I am not a licensed financial advisor..

sorry to hera your story..

 

[hender]

View attachment 86328I am one of those poor guys 😢, And I lost almost 68000X2= 136000 in this single stock (me and my siblings' account).

Ab soch raha hoon ki adha capital hi bacha loon.

Aur ek cheez ki seekh mujhe aj bohot acchi tarah se mili, ki mein gadha hoon aur kabhi direct stock investing nehi karunga.
From today, I will only focus on diversified mutual funds

Now, I need a suggestion from the experts here, should I exit from this stock now? I don't need this money now and keep it invested for 10-15 years.
Kya 2-3 saal mein recovery ki koi chances hai ya phir aur 30-50% loss ho sakta hai?

Keep holding, max FII holding. May take sometime, to recover.
Stock can further slide, or stay around this level.
Still advice to take informed decision.
I am not expert or SEBI regd Advisor.
Disc: Previously shareholder, currently not.
Bank I hold currently is 43% down.

 

[hender]

Very sad to hear your story..

Regarding what to do.. we can't give you financial advice here as we are not licensed to offer any advice..'


However,
You need to know that just don't hang on to systematically falling stock and also you need to find out another good stock to put the money you get if you decide to sell this stock now...
there is more likelihood this will go further down but we dont know what happens with regard to management's decision..

Even though I want to tell my opinion, I can't tell you because I am not a licensed financial advisor..

sorry to hera your story..

+1 , to @SSV
His words are more refined and aligned as a suggestion.

 

[brightknight]

shall we worry about our deposits above 5 lakhs?

 

[Das.N]

Keep holding, max FII holding. May take sometime, to recover.
Stock can further slide, or stay around this level.
Still advice to take informed decision.
I am not expert or SEBI regd Advisor.
Disc: Previously shareholder, currently not.
Bank I hold currently is 43% down.

Mutual funds have increased their holding ( quarter to quarter).
I will hold this stock, Rest of my portfolio is pretty solid and despite this loss, I am still in profit ( overall).

So, I can bear this loss.
Aggar pura bank doob jaye toh maximum yes bank ki tarah haal hoga. Mera aur 50000X2=100000 ka aur loss hoga.
Jindegi ki ek galti samajh kar seh lenge.

Agar 1-2 saal mein recover ho jaye to abb bechne ke liye aur dukh hoga. Jab bank nifty return dega toh kuch recovery ki umeed rahega, baki jo hoga dekha jayega

 

[SSV]

shall we worry about our deposits above 5 lakhs?

Not right now .. There is still more time to think about this situtaion.. but you need to keep a very close eye on this aspect..

 

[SSV]

Agar 1-2 saal mein recover ho jaye to abb bechne ke liye aur dukh hoga. Jab bank nifty return dega toh kuch recovery ki umeed rahega, baki jo hoga dekha jayega

It will most likely take more than 1 - 2 years to reach your average price.. in my view...

 

[Credit_Cards]

very unethical bank much deserving slap

 

[Das.N]

It will most likely take more than 1 - 2 years to reach your average price.. in my view...

Ha sir, 4-5 saal bhi chalega

 

[hender]

Ha sir, 4-5 saal bhi chalega

1800 to 230 than again ,230 to 1700 in 4 years 2020 to 2024.
But that was old, how things shape up in future, you have to keep eye.
Still no guarantee on any side.

 

[hender]

720 is the point today, ☝️ where max, High volume positions changes hand in Equity and F&O.

 

[Lakshya Mahani]

Seriously, i never saw a price damage like this in a NIFTY50 Stock in the past few years🙁

 

[SSV]

Seriously, i never saw a price damage like this in a NIFTY50 Stock in the past few years🙁
View attachment 86355

In other words, giving them space in nifty 50 was a wrong decision in the first place ..