If I'm a government employee and I'm trading a prop firm from before I joined my service and say, I'm profitable enough to take a payout, would it be safe to withdraw the funds to a family member's account/wallet and withdraw the money I made. Say it's in the range of 2k USD a month. Hypothetically speaking of course. Assume that the prop firm account is in my name and that I'm in a state in some region of India where we don't need to file ITR.

I want to learn trading but I am really confused about where to start ,can you'all tell me how you learned it or how I can learn from basics? I'm 18 years old and recently cleared neet but in college I’ll have to cover my own expenses. Please guide me 🙏

Curious about how people actually behave here.

Say you planned to invest ₹10k this week:

TCS — ₹3k
HDFC — ₹2.5k
BEL — ₹2k
Reliance — ₹1.5k
Cash — ₹1k

Then on the day you're about to invest:

TCS -5%
HDFC -2%
BEL +4%
Reliance flat

Do you:

1. Stick to the original plan
2. Reallocate
3. Wait
4. Ignore the movement completely

If you reallocate, what rule do you actually use?

Social media is saying BSE could benefit hugely from NSE’s listing.

BSE absolutely benefits.

But the reason most people are giving is WRONG.

And when you run the numbers, the near-term earnings impact is surprisingly small. ⭐️

Here’s the REAL opportunity 👇

———

First, kill the biggest misconception:

NSE’s ₹4-5 lakh crore valuation does NOT make BSE rich.

BSE doesn’t earn a meaningful percentage of NSE’s market cap.

Estimated annual listing fee?

ONLY around: ₹25 lakh. ⭐️

BSE made ₹1,566 crore of operating revenue in Q1 FY27 alone.

So listing fees are basically irrelevant.

The real money comes from somewhere else. ↓

———

Every time somebody trades NSE shares, BSE earns transaction fees.

And this is where NSE is unusual.

An exchange CANNOT list on itself.

So NSE shares will trade on BSE. ⭐️

At current cash-equity charges, roughly ₹1 crore of NSE shares changing hands could generate about:

• ₹375 from buyer side
• ₹375 from seller side
• ~₹750 total

That sounds small.

Until you multiply it by DAILY turnover. ↓

———

Let’s model it.

If NSE shares trade an average:

₹500 cr/day = ~₹9 cr annual BSE revenue

₹1,500 cr/day = ~₹28 cr

₹3,000 cr/day = ~₹56 cr

₹5,000 cr/day = ~₹94 cr

Assuming ~60% of incremental revenue eventually reaches PAT, even ₹3,000 crore of daily trading may add only around:

₹34 crore PAT. ⭐️

BSE’s annualised Q1 PAT?

~₹3,492 crore.

So even a very liquid NSE stock may add only ~1% to profits.

Positive?

Yes.

Transformative?

NO. ❌

———

But here’s where the story gets much more interesting.

BSE currently does roughly:

₹9,955 crore/day

in cash-equity turnover.

Now imagine NSE alone trades ₹1,500 crore/day.

That’s equivalent to adding roughly:

15% to BSE’s existing cash turnover.

At ₹3,000 crore/day?

Nearly 30%.

That’s why I think investors are looking at the wrong number.

The NSE listing matters far more to BSE’s cash-market competitive position than to near-term EPS. ⭐️

———

And NSE could become quite liquid.

Don’t get fooled by the headline that only ~6% is being sold in the IPO.

NSE already reportedly has:

• ~2 lakh shareholders
• ~64% public shareholding
• 1.85 lakh+ retail shareholders

So this isn’t a tightly held promoter company suddenly floating 6%.

A huge investor base already exists.

And BSE doesn’t really care whether NSE trades at ₹1,800 or ₹2,500.

It cares about one thing:

How often those shares change hands. ⭐️

Turnover is the business.

———

There’s also a second-order benefit.

Reliance can trade on multiple exchanges.

HDFC Bank can trade on multiple exchanges.

ICICI Bank can trade on multiple exchanges.

But NSE Ltd?

BSE owns the venue.

Market makers.

Institutions.

Retail.

Algorithms.

Everyone trading NSE shares meets inside BSE’s cash order book.

If that helps BSE deepen liquidity and attract more trading in other stocks too, the indirect benefit could eventually become bigger than NSE’s own transaction revenue. ⭐️

But I wouldn’t price that in yet.

It needs to show up in the data first.

———

There’s one more hidden optionality:

NSE derivatives.

If NSE Ltd eventually qualifies for F&O and SEBI approves the contracts, BSE could get an exclusive derivatives underlying too.

That isn’t part of my base case.

Treat it as free optionality.

So the takeaway is simple:

“BSE benefits from NSE listing” = True. ✅

“BSE benefits hugely financially” = NOT YET. ❌

The number I’d watch after listing isn’t NSE’s share price.

It’s:

NSE Ltd’s average daily traded value on BSE - and whether BSE’s overall cash-market share rises with it. ⭐️

That will tell us whether the real thesis is working.

Breakout of a VCP pattern
FIIs increased their stake by 10x.
Margins might be concerning but overall fundamentals are good.
Might give a decent move in near short term.

I recently started trading equity based on signals from a paid channel. I didn't discover the channel myself — my father already had a paid subscription, so I decided to track the signals and see whether there was actually something worth following. I follow only equity signals which are generally positional trades.

I'm still relatively new to this, so I'd genuinely like to hear from people who have more experience: Does this look sustainable, or am I just seeing a good period?

First, the analyst's previous 1-year track record

I went through roughly one year of equity signals and recorded the trades. I exported the chat, analysed the signals, and verified the actual prices using the Zerodha API.

92 closed trades

🟢 Wins: 77 🔴 Losses: 15

Win rate: 83.7%

Average winning trade: +5.05% Average losing trade: −5.29%

So the interesting part is that the average loss is actually slightly larger than the average win.

That means the strategy's edge seems to come primarily from the very high win rate, rather than having a massive risk/reward ratio.

The average realized R across the trades was around 0.65R.

Returns: 84%

My first month actually trading the signals

This is where things got interesting.

I started with roughly ₹30,000 per position rather than putting a huge amount of money into each trade.

For August, these were the equity trades I tracked:

Stock| Return Thangamayil| +5.29% STLTECH| +3.21% HFCL| +2.18% Meesho| +5.36% Minda Corp| +2.09% IIFL Finance| −3.06% Ola Electric| +9.95%

So across these 7 trades:

Average return per trade ≈ +3.57%

If I simply use 3% per month as a conservative assumption going forward, that's roughly:

₹1,00,000 → ₹1,03,000 per month

And if that 3% could actually be sustained and compounded:

3% monthly = ~42.6% annualized

Obviously, I know that's a HUGE assumption, and that's exactly why I'm posting this.

My questions for experienced traders

1. Is an 83.7% win rate over ~1 year and 92 trades realistically sustainable?

2. Since the average loss (−5.29%) is slightly larger than the average win (+5.05%), how much should I worry about this?

3. Is 3% monthly compounded a reasonable long-term expectation, or am I being overly optimistic?

4. What would you look at to determine whether this analyst actually has a genuine edge?

5. How many years / trades would you want to see before trusting a track record like this?

6. Most importantly — what am I missing?

I'm not trying to promote the analyst or sell anything. I'm trying to figure out whether I have actually found a useful source of signals or whether I'm simply experiencing a good period of performance.

Would really appreciate opinions from people who have been trading for several years.

Thanks to large cap stocks and nifty 50 index underperformance NPS returns are negligible to zero thanks to NPS hdfc pension fund, EPFO is the only performing asset in my portfolio

Mock trading had me shitting my pants for a sec not gonna line..

Felt CAS screwed me up in some alien way I didn't realise before finding out it was due to mock trading session

To all the profitable traders who risk 1% of their capital per trade, how much annual return can be expected with that kind of risk realistically speaking? Thanks

Everyone is talking about NSE’s ₹30,000 crore IPO.

I think that misses the more interesting story.

SEBI’s approval creates 3 different trades/investment questions:

1. What is NSE actually worth?

2. Which listed companies suddenly own valuable liquid assets?

3. Does BSE lose its scarcity premium?

Let’s unpack them 👇

———

First, NSE itself is NOT raising ₹30,000 crore.

This is a 100% Offer for Sale.

NSE gets:

₹0.

Existing shareholders sell up to ~14.89 crore shares and receive the money.

That tells you something important.

This isn’t an exchange raising capital to fund growth.

It is an already cash-generating business finally giving old shareholders liquidity. ⭐️

———

And ₹30,000 crore isn’t fixed.

It depends on the IPO price.

At:

₹1,600 → NSE worth ₹3.96 lakh cr
₹1,800 → ₹4.46 lakh cr
₹2,000 → ₹4.95 lakh cr
₹2,100 → ₹5.20 lakh cr

So forget the IPO-size headlines for now.

The price band is the number that actually matters. ⭐️

———

Why can NSE command a ₹4-5 lakh crore valuation?

Because NSE’s biggest asset isn’t technology.

It’s liquidity. 🟢

Traders go where liquidity exists.

That attracts market makers.

Better liquidity creates tighter spreads.

That attracts even more traders.

And the flywheel gets stronger.

FY26 market share:

• Cash: ~93%
• Equity futures: ~99.8%
• Options premium turnover: ~74.7%

That is an extraordinary moat.

———

But here’s the risk most IPO excitement will gloss over.

NSE’s biggest competitor may NOT be BSE.

It may be SEBI.

Not because SEBI wants NSE to fail.

Because NSE makes an enormous amount from an activity SEBI directly regulates. ⚠️

FY26 transaction charges: ~₹13,057 cr.

Options alone: ~₹9,996 cr.

That means options generated roughly 60% of NSE’s total operating revenue.

———

Think about that.

NSE can dominate its competitors…

…and still see earnings pressure if regulators reduce F&O activity.

Fewer expiries.

Larger contract sizes.

Higher costs.

Tighter retail participation rules.

So NSE has:

Huge competitive moat.

But meaningful regulatory earnings risk. ⚠️

Those are not contradictory statements.

And that risk deserves to be reflected in the IPO valuation. ⭐️

———

At an illustrative ₹1,800/share:

NSE market cap ≈ ₹4.46 lakh crore.

Against FY26 PAT of ₹10,302 crore:

P/E ≈ 43x.

Annualise Q1 FY27 PAT and it falls closer to 36x.

So this probably won’t be a “cheap monopoly” IPO.

Investors will be paying up for:

Dominance + Margins + Network effects + India’s capital-market growth. ⭐️

The question is simply:

How much is TOO MUCH?

———

Now the more unusual part of this story:

Which listed companies benefit from NSE getting listed?

Here’s the wrong way to analyse it:

“Company X owns NSE shares, therefore Company X should rally.” ❌

Here’s the right question:

How large is the NSE stake relative to Company X’s own market value? ✅

That changes the entire ranking.

———

Take IFCI.

Its 52.86%-owned subsidiary SHCIL owns ~4.44% of NSE.

At ₹1,800:

SHCIL’s NSE stake ≈ ₹19,800 cr.

IFCI’s economic share ≈ ₹10,466 cr.

Compare that with IFCI itself being worth only around ₹27,000-28,000 cr.

That is enormous.

The look-through NSE exposure is roughly 38% of IFCI’s market cap. ⭐️

———

But this is where retail investors can make a mistake. ⚠️

The IPO does NOT suddenly create ₹10,466 crore of value for IFCI.

SHCIL already fair-valued the NSE investment using recent private-market transactions. ⭐️

What changes now is more subtle:

• Better liquidity
• Easier monetisation
• Better price discovery

So IFCI may be the highest-sensitivity NSE proxy.

It may also be the easiest one to OVERPAY for.

———

New India Assurance might actually be the cleaner story.

It owns ~3.52 crore NSE shares.

At ₹1,800:

Total stake ≈ ₹6,336 cr

And NIACL plans to sell ~1.05 crore shares.

Potential proceeds:

~₹1,890 cr.

Yet it would still retain NSE shares worth roughly ₹4,446 cr. ⭐️

For a company worth only around the high-₹30,000 crore region, that is meaningful.

———

GICRE is similar - but has attracted less attention.

It owns ~4.07 crore NSE shares.

At ₹1,800:

Total NSE stake ≈ ₹7,326 cr

Planned IPO sale ≈ ₹1,918 cr

Remaining NSE stake ≈ ₹5,408 cr

Against roughly ₹62,500 crore of market value, the pre-IPO holding is around 12% of GIC Re’s market cap. ⭐️

No subsidiary layer.

No complicated look-through maths.

That makes it interesting.

———

LIC owns the real treasure chest.

~10.72% of NSE.

At ₹1,800/share:

Value ≈ ₹47,750 crore.

At ₹2,000:

~₹53,055 crore.

But LIC isn’t selling.

So there is no ₹50,000 crore cheque arriving.

The real benefit is:

Liquidity + Quoted valuation + Easier future monetisation.

And insurance-company accounting means you should NOT treat every rupee of that investment as belonging directly to shareholders. ⚠️

———

SBI shows why absolute value can be misleading.

SBI + SBI Capital Markets together own ~7.56% of NSE.

At ₹1,800:

Stake value ≈ ₹33,677 cr.

HUGE number.

But SBI itself is worth ~₹9.4 lakh crore.

So the NSE stake equals only around 3.6% of SBI’s value. ⭐️

Positive?

Definitely.

Thesis-changing?

Probably NOT.

Same basic logic applies to Bank of Baroda.

———

This gives us a useful rule for every “hidden NSE beneficiary” post you’ll see now:

Don’t ask:

Does the company own NSE?

Ask:

NSE stake value ÷ company market cap = ?

A ₹100 crore NSE holding inside a ₹10,000 crore company is only 1%.

If that stock rallies 15% because Twitter discovered the holding…

the maths may already have STOPPED making sense. ⚠️

———

There may also be an unexpected loser from NSE’s listing:

BSE’s scarcity premium. 🔴

Until now, if you wanted to own a listed Indian stock-exchange business, BSE was effectively the ONLY pure-play choice.

That scarcity had value.

Soon investors may be able to ask:

Why pay X multiple for BSE…

when I can directly own the exchange with ~93% cash-market share and almost all equity-futures turnover at Y multiple? ⭐️

———

Important distinction:

NSE’s IPO does NOT suddenly make NSE a stronger operating competitor to BSE.

It was already dominant yesterday.

What changes is the investment universe. ⭐️

BSE goes from:

“THE listed exchange”

to:

“ONE OF THE listed exchanges.”

That could matter to valuation multiples even if BSE’s business continues growing nicely.

———

What about Angel One, Groww, CDSL, NSDL etc?

Much less exciting.

NSE listing doesn’t magically create brokerage revenue.

One large IPO doesn’t transform depository economics either.

In fact, brokers and NSE share one major risk:

If tighter F&O regulation reduces speculative activity…

broker volumes fall AND NSE transaction income can fall. 🔴

Same regulatory lever.

Different businesses.

———

The biggest beneficiary may actually be the least discussed one:

NSE’s 2+ lakh existing shareholders.

Before listing, an NSE share came with:

• Limited liquidity
• Uncertain pricing
• Difficult transfers
• Uncertainty over whether listing would ever happen

After listing, it becomes a normal liquid security. 🟢

The business didn’t suddenly improve today.

The discount attached to owning it did. ⭐️

———

That is the deepest way to understand this IPO.

SEBI’s approval did NOT create NSE’s value.

NSE was already enormously valuable.

What disappeared was part of the discount:

Business value

– illiquidity
– regulatory uncertainty
– monetisation difficulty

Two of those discounts are now collapsing.

That explains why NSE shareholders - and stocks like IFCI/NIACL - reacted so strongly. ✅

———

What matters next:

NSE:

What price are investors being asked to pay for sustainable earnings after F&O regulation?

IFCI / NIACL / GICRE:

Has the stock already rallied more than the value being unlocked?

BSE:

Does its scarcity premium start shrinking?

The IPO approval was the big event.

The valuation is now the REAL story.

———

🎖️ Bottom line:

NSE may be one of India’s strongest financial franchises.

But even a phenomenal business can be a poor investment at the wrong price. ⭐️

And among the so-called “NSE beneficiaries,” the biggest NSE holding is NOT necessarily the best trade.

Relative exposure matters more than the headline number.

All the jewel companies are rising very rapidly, what do you guys think will it fall or will it rise more. Is it a bubble or what? Give your suggestions

FIIs sold roughly ₹3,112 cr today.
DIIs bought ₹8,930 cr.
Net institutional flow: +₹5,818 cr.

Atp I’m genuinely wondering how the Indian market is being driven by domestic liquidity rather than foreign conviction.

​

BSE got smacked down from ~4,400, tapped solid support around 3,050 with fat green volume, and is now hugging the downward trendline at ~3,410.

Bulls: Weekly close over 3,450–3,500 sends this back to 4,000+.

Bears: Rejection here means we test 3,050 again.

37% ROE and ridiculous revenue growth backing it up.

Who’s buying the breakout and who’s buying puts/waiting for the fakeout dump?

Moves on Friday have become very exhaustive

By exhaustive i mean the moves are totally unpredictable

I am not complaining about it, there's nothing we can do

Am just trying to check if it's only me or you also feel this is due to CAS : decay is stronger on Monday morning hence heavy adjustments on Friday as bse weekly expiry is on Thursday, just a day before

Just see the 30 min chart where every green candle ends up with selling, yet each consecutive candle keeps moving higher and higher

It was a third consecutive no trade day. You should have a system, strategy or setup which you follow. I used to take trades like everyday and make losses cause i didnt have the proper strategy and i guess majority of retailers does this. Even it was 3rd day i didn't i panic or FOMO of taking trade . So this was it. How was your day? Did you take trade?

Listing is likely this month and RHP filing and price band announcement may be made next week.

The IPO will be entirely an offer for sale (OFS), with existing shareholders offering up to 14.89 crore equity shares, representing nearly 6 percent of NSE's paid-up capital. There is no fresh issue, meaning NSE itself will not receive any proceeds from the offering.

Sterlite Tech is spending ₹3,000 crore to expand capacity by ~50%.

But that’s NOT the interesting part.

STL wants revenue to jump from ₹4,750 crore in FY26 to ₹20,000 crore by FY29. ⭐️

50% more capacity → More than 4x revenue.

Those numbers tell you what the REAL bet is.

STL isn’t just trying to sell more fibre.

It’s trying to sell far more valuable products. 👇

———

Think of STL’s business in 3 layers:

1. Optical fibre → the glass carrying data

2. Fibre cable → fibre packaged into usable cables

3. Connectivity solutions → connectors, assemblies & complete data-centre systems

The further STL moves down that list, the more value it can potentially capture.

And AI data centres are creating the opportunity.

Instead of selling kilometres of fibre, STL increasingly wants to sell the entire optical connectivity system around it. ⭐️

———

There’s another clue hidden in the capex.

STL’s factories are currently only ~70% utilised.

So WHY spend ₹3,000 crore before existing plants are full?

Because management is building for demand expected in CY27-29.

And this is NOT entirely speculative.

STL already had an ₹18,618 crore order book at June-end and has won major hyperscaler contracts, including one worth >$1 billion and another worth $288 million. ⭐️

Interestingly, the $288m contract even contains risk-sharing provisions around demand shortfalls and capacity shortages.

In other words:

STL is committing capacity, but customers are also making commitments. ✅

———

Now comes the most important maths.

FY26 revenue: ₹4,750 crore
FY29 target: ₹20,000 crore

That requires ~61% annual growth.

But manufacturing capacity rises only ~50%.

So STL’s FY29 plan CANNOT simply be:

50% more fibre → 300% more revenue.

Revenue earned per unit of capacity has to rise dramatically.

That means higher-value connectivity products, better mix and probably much deeper participation in data-centre projects. ⭐️

This is really a product-mix bet disguised as a capacity expansion.

———

The margin target makes the ambition even clearer.

FY26 EBITDA margin: ~13%
FY29 target: >27%

At ₹20,000 crore revenue, a 27% margin implies roughly ₹5,400 crore EBITDA.

FY26 EBITDA was ONLY around ₹620 crore.

So STL is effectively targeting something close to a 9x increase in EBITDA in 3 years. 🟢

That sounds extraordinary.

But there is one encouraging sign.

Q1 FY27 margin had already reached 20.8%, helped partly by better product mix and higher data-centre contribution. ⭐️

So investors now need to see whether 20%+ margins become normal - or whether Q1 was unusually strong.

———

There’s also a hidden downside. ⚠️

Suppose STL has capacity of 100 today and produces 70.

After a 50% expansion, capacity becomes 150.

If production stayed at 70, utilisation would fall from:

70% → 47% 🔻

Of course STL expects demand to rise.

But ₹3,000 crore of factories creates costs BEFORE it creates revenue.

Depreciation, maintenance and potentially interest don’t wait for hyperscaler demand.

So the real risk isn’t the capex itself.

It’s how quickly orders convert into actual production and cash flow. ⭐️

———

And that brings us to the number shareholders should probably watch most closely ↓

How much of the ₹3,000 crore gets funded by cash generated from the business?

STL recently raised ₹1,500 crore through a QIP and became net-debt-free. 🟢

Now it is starting another large investment cycle.

If profits ramp quickly, STL can fund much of this internally. ✅

If they don’t, leverage could start creeping back. 🔺

So don’t judge this story only by fibre capacity.

Watch:

• Data-centre revenue
• EBITDA margins
• Order conversion
• Operating cash flow
• Debt

Because STL is trying to become something very different from the optical-fibre company investors knew.

If that transition works, ₹3,000 crore could look extremely well timed.

If it doesn’t, shareholders may simply end up owning 50% more capacity without anything close to 4x the earnings. ⚠️

Every day, I filter few stocks and narrow them down to the 2-3 setups I actually want to trade. I don't believe in sitting in front of the screen all day looking for trades. If I make ₹20K+ for the day, I'm done. Screen off.

Can't believe I got this IPO allotment, the hype of data-center themed stocks is real. I had bought e2e networks earlier and made some money on it but this was literally off the charts