BKB Diary

bkb

Well-Known Member
Could not trade ICICIBANK as the script opened at a higher price and remained well above my target entry price (12-Mar-2012).
 

bkb

Well-Known Member
Hi,

In view of ongoing sanctions on Iran, what is expected impact on companies from Oil/refineries sector in India?
Any specific script(s) which could be seen being impacted significantly (positively/negatively) in short-run?
 
Hi,

In view of ongoing sanctions on Iran, what is expected impact on companies from Oil/refineries sector in India?
Any specific script(s) which could be seen being impacted significantly (positively/negatively) in short-run?
I don't know which scrips are affected by the fact of them importing oil from Iran, but there was a news on TV that the oil companies can now pay Iran in INDIAN RUPEES !!! That's a huge good news. Remember, we have a dedicated oil pipeline from Iran, and have made compromises with Pakistan for safe passage of that pipeline. I think that Indian government will protect our Iranian Oil interests.
 

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