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BIG POSITIVE NEWS FOR BANKNIFTY: This thursday 19th april will give final decision on binani cements case where ultratech is now offering around 2000 cr more than dalmia bharat bid approved by the COC. expect banknifty to rise 500 points once this news is confirmed formally becoz not only banks are getting 100% debt recovered but getting crores of rupees more. since lenders already provided 50% exposure, this means not only write back of that entire provision but also extra gains thus boosting profits of lenders. ( 6 days ago ) |      
  amateurinvestor  4762 followers
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kkr bro, NCLT was supposed to give its final verdict yday itself after ultratech plea in apex court last week was rejected. however, operational creditors filed another case in apex court to allow ultratech deal which comes for hearing on 19th april. so let us wait till thursday. ( 6 days ago )
  amateurinvestor  4762 followers
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AI Bro,Hope the decision comes on 19th during trading hours so that this 500 rise can be used on the 19th expiry itself ! ( 6 days ago )
  KKR99  126 followers
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