Read
Listen
Watch
Play
Find
Mail
  • Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos

  Post a Message | Explore Forums  |  Browse Stock Messages  |  Hot Discussions  | Top rated Messages  | Top Boarders
Search: Messages    Stock    Boarder
 
Moneycontrol.com >> Messageboard >> Category >> Market View >> Market Outlook - Short Term
You are here : Moneycontrol MMB Market View
The latest messages in different topics under Market View are displayed on this page

Market View

View by:
Latest Messages
Most Active
Top Rated
Top Tracked
13 Oct 2008 15:38

yes, though indian banking system is sound compared to US, they will not remain insulated from the global slowdown. And they will be affected due to global volatility and our banks will make movements accordingly. Our banking systems are strong except ICICI Bank which soon can be taken over by government or SBI if there is any further deterioration in it`s financial conditions. Though bank is claiming that it has no expore to sub-prime assets, it is lying. If such happens then indian banks will be affected in short term. US subprime like situation can arise in India. But India will be least affected compared to US....

In reply to:

Do you believe that the Indian banking system is healthy?

Posted by : MMB Messenger

Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger

13 Oct 2008 15:36

ICICI Bank leads gainers from Sensex pack - Battered Bankex bounces back.


Reliance Infrastructure, Sterlite Industries, Reliance Communications and HDFC Bank are among the other major gainers from the Sensex pack. Small-cap, mid-cap indices underperform Sensex

The BSE Sensex was up 761.26 points, or 7.23%, to 11,289.11.
ICICI Bank galloped 17.58% to Rs 428.10 after the private sector bank’s chief executive K.V. Kamath reiterated that deposits with the bank are safe, and that the bank had a cushion to take domestic and overseas shocks. The stock was the biggest gainer from the 30-share Sensex pack.

Kamath today, 13 October 2008 told a television channel that the bank remains well capitalized and that its capital adequacy remains 150% of normal requirement. The bank currently holds Rs 90,000 crore of government securities and its global subsidiaries have $2.5 billion in cash. The bank’s balance sheet was adequately cushioned, Kamath said.
Reliance Infrastructure spurted 16.34% to Rs 599.50. It was the second biggest gainer from the Sensex pack.

Sterlite Industries surged 16.03% to Rs 318.20. It was the third biggest gainer from the Sensex pack. On 24 September 2008, its board decided to scrap a restructuring scheme.

Reliance Communications moved up 12.47% to Rs 267. It was the fourth biggest gainer from the Sensex pack.

HDFC Bank gained 11.53% to Rs 1167. It was the fifth biggest gainer from the Sensex pack. Most of the banking stocks recovered from last week’s heavy fall boosted by finance minister P Chidambaram\`s statement that the government was working on more measures to infuse liquidity in the banking system and increase the confidence of depositors and investors. -CM
...

13 Oct 2008 15:34

Lalitdesh,

Quote
Talking about Indian and world economy, to my opinion ,is non precedented for 99 % of theinvestors. They want reply in streight lines.....
Unquote

Does the above statement make any sense????????You have been going on too long with phrases that would make Bush forget English altogether..

Ask mamashree to edit and then post it.
...

In reply to:

Is indian economy collapsing????!!!!

Posted by : Lalitdeshpandey

What Kotak Investment opined on Friday is most relevent for investors. I have posted his views on my board. We do not want to be the Economist of the country. We are just having simple logic to be given by knowledgeble people that shall we start buying ?? Market may fall further?? Correction is over???

Talking about Indian and world economy, to my opinion ,is non precedented for 99 % of theinvestors. They want reply in streight lines.....

13 Oct 2008 15:23

What Kotak Investment opined on Friday is most relevent for investors. I have posted his views on my board. We do not want to be the Economist of the country. We are just having simple logic to be given by knowledgeble people that shall we start buying ?? Market may fall further?? Correction is over???

Talking about Indian and world economy, to my opinion ,is non precedented for 99 % of theinvestors. They want reply in streight lines........

In reply to:

Is indian economy collapsing????!!!!

Posted by : marketman

We have been listening indian growth stories for few years.... our financial markets too witnessed the same trend till recently.... our policy makers repeatedly assuring the investors about the strongness of indian economy.... they are saying india is immune to world financial crisis....

But indian financial markets too collapsing along with the global cues.... almost all investors and many corporates are already in deep troubles.... few are doubting at some pvt sector banks for their suspicious behaviour....

We are also part of globe,india is not from any other planet.... this common logic is ignored by our policy makers and talking nonsenses on daily basis to confuse/mislead the indian investors aswell as indian public....

Atleast the chiefs of global economy taking few steps to control the situation,we havnot seen any types of mesures or useful decisions so far in india.... already stock markets fell more than 50% from their peaks within few months.... banks are struggling for survival,many corporates facing liquidty problem,few companies at the threshold of removing employees from payrolls,experts epecting subprime type issues may occur soon in india too.... interestingly indian rupee is weaken much within short span of time....

By seeing/experiencing all these ill effects,even patriotic indians doubting about the situation of economy in the country.... few people asking questions like Is indian economy too collapsing?!

13 Oct 2008 15:19

The global markets are tepid. The Indian markets maybe volatile yet flat today. The weekend was quite with no major news and there may be a slight bounce in the market today. If there is no bounceback this week things will get worse going forward.
...

13 Oct 2008 15:14

In the whole of this year, we have closed below PE 15 for Nifty just once. And that was last friday. Already people are talking about bull runs :(

All that will happen is that it will allow FIIs to exit at a better price. Retail will be fooled once again....

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : novice1000

dear BSR,

Quote:If Sensex goes below 8800 or Nifty goes below 2600, then ppl should forget about any recovery in Indian STOCK market for a few months until those BS Big PLAYers are over with their BUYing or over with their BS stories! :)

Unquote:believe it or not...except some small technical pull backs, dont expect any rally either in 2008 or 2009.

Sensex may go to levels of 8900 ( depending on the present quarterly numbers and earnings projections for the next 2 quaters).But when ever sensex reaches that level ( i mean what ever the lowest possible level in this bear market whether 8900 or even a lower level), with in 2 days sensex will gain atleast 1000 points.

Quote:That is why, I believe that within 3 months, many stocks should be available at very DIRT Cheap prices. Ppl should do their HOMEWORK before putting any FRESH investments into the market!

Unquote: Exactly... how ever it can happen anywhere in next 6 to 9 months( those dirt cheap levels).

And this is what i have been telling since July 2008 that investors should wait for a better opportunity in the next 12 months or so and i also told this is a trader`s market who can mint money.

Going forward, slowly the trading activity will also comedown.

Next 2 years, it will be bargain hunting for LT investors.

Post 2011, Indian stock markets will witness an explosive growth till 2016 with one major intermediate correction in between.

regards

13 Oct 2008 15:13

Thanks a lot sir for advise.

Regards,
Atul...

In reply to:

Kalidas’ Practical Rule for Stocks, Bonds, and Indices

Posted by : Kalidas

Sell for the time being. I you want to stay on in the Auto sector, swap into TVS Motors (Rs 30 or about) in correction if present. Maruti has not dropped much,so in the event of rally, it will come down and those stocks which dropped most will rise.

Maruti - SELL (although it is a good company)
Tata Motors: SELL and do not look back
Ashok Leyland : Reasonably good buy but lousy management. The controlling family may come into serious problems in Switzerland and London.
TVS Motors: Accumulate
Hero Honda: Good to own, in steep correction. Better than othr breeds
Hindustan Motors : Ignore it. Even if it has land in West Bengal, who is going to buy it after Tata`s ignominious exit from Rs 1 Lakh car?
Watch for Tractor related stocks - they will do better and are safe except those companies, where they have family disputes.

Kalidas, Hong Kong
13-10-2008

13 Oct 2008 15:05

trading can book profit ahead of today`s crisis meeting by RBI....

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : vam_aru

Dear snvaish,

Bang on, You have described the difference between the 2006 crash and 2008 crash, Currentlyalmost all the shares about to be traded at June 2006 levels, still some more sector price rotation on the cards, due to this process we might be seeing lower levels, So one needs to take a very long term outlook and look to invest in markets with out any hurry, and look to protect his port folio and earn something from his portfolio..

13 Oct 2008 14:59

@SANJU786

Nifty can sure touch 4000 in this rally but remember it will not be a sustained rally. From trading point of view, you may try going long but for delivery based buyers, there is no need to chase prices....

In reply to:

WILL NIFTY HIT 3600 & SENSEX TOUCH 12000

Posted by : SANJU786

HI

DID ANY ONE TOOK RISK AND BUYED CALLS IN THE MORNING !!!!!

HLN, I HOPE U HAVING UR BLOODBATH.

Posted by: SANJU786 on (12-Oct-08 19:04 )


CONFIRMED INFORMATION

FROM A STOCK OPERATOR AND ALSO FROM A FAMOUS ASTROLOGER.

NIFTY WILL BE ABOVE 3800 AND SENSEX ABOVE 12500 BY OCTOBER END.

TRADE ON UR OWN RISK !!!

REGARDS
SANJU

13 Oct 2008 14:54

Reliable sources say sensex may touch 8000 levels. Major liquidity crisis seen in India!...

In reply to:

Is indian economy collapsing????!!!!

Posted by : Chellakani

The crisis meeting by RBI is confirmed. We have booked profits. Call to square-off!

13 Oct 2008 14:52

I too shared this opinion in my message but why the regulators are sleeping but too late now...

In reply to:

short selling has to banned

Posted by : rubanin

sebi has to ban short selling in major scripts so that volatity will be controlled and no one will not take advantage of market fall and so that investor confidence will come back to market

13 Oct 2008 14:51

The crisis meeting by RBI is confirmed. We have booked profits. Call to square-off!...

In reply to:

Is indian economy collapsing????!!!!

Posted by : vam_aru

No MTM money to be given , It`s only that your money gets blocked after the calculation of MTM, since the markets are bullish one can try that..

13 Oct 2008 14:45

yes money gets blocked.. thats what i meant....

In reply to:

Is indian economy collapsing????!!!!

Posted by : vam_aru

No MTM money to be given , It`s only that your money gets blocked after the calculation of MTM, since the markets are bullish one can try that..

13 Oct 2008 14:44

No MTM money to be given , It`s only that your money gets blocked after the calculation of MTM, since the markets are bullish one can try that.....

In reply to:

Is indian economy collapsing????!!!!

Posted by : radhika_nandlal

I think this is a good startegy but i have to block so much money for shorting 3750 PE and if my money is in MTM I get tensed.

13 Oct 2008 14:41

Finance Minister P Chidambaram said that the root cause of uncertainty was liquidity and that there were no fundamental worries, and added that he was confident that the steps taken by the Reserve Bank of India would ease liquidity pressures....

Go to page:  First    [   ]  Previous    2    3    4    5    6    7    Next  [  ]    

Feedback

CNBC TV18 CNN IBN CNBC Awaaz IBN 7 IBN LOKMAT

Poll 

Do you believe that the Indian banking system is healthy?

Yes No
To SMS your queries to us Type YS < Your query > SMS to 52622
Stocks to be discussed next:
  Suzlon  |   RIL  |  Tata Steel  |   Tata Mot  |   ICICI Bk  | Balrampur Chini  
 view all queries »