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Small retail investors are to blame themselves. Absolutely no advise seems to keep them on alert. No wonder they keep loosing money in the equity market. Why is that in every bad market, they get stuck with stocks – the value of which keeps eroding by the day....
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Hemant Mishra, Head, Global Markets, Standard Chartered Bank said I expect a test of the 7.70% that we breached because of two reasons. Ashish Parthasarthy, Head of Treasury, HDFC Bank believes yields will come down significantly as banks themselves were picking up deposits at much higher rates because of the tightness....
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At 12:15 pm, Larsen and Toubro was quoting at Rs 902, down Rs 101.65, or 10.13%. It has touched an intraday high of Rs 1,000 and an intraday low of Rs 900.10. The company has announced its second quarter numbers. It has posted 32.47% growth in its net profit of Rs 461 crore as against Rs 348 in same quarter of last year....
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Neppolian Pillai of Modern Share & Stockbrokers feels the markets are still not out of the woods and the bounceback rally was on the cards. ...
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Rajen Shah, CIO, Angel Broking is bullish on Reliance Communications, while he opines to stay away from ICICI bank for the time being. Meanwhile, Vijay Bhambwani of Bsplindia.com is positive on Relcomm but is neutral about L&T....
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Paul Krugman said that the present bailout plan is much better. He feels that this plan actually addresses the critical problem of inadequate capital at the banks and the need for guarantees to calm the markets down. ...
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