Indian Finance Minister See Deeper Global Recession
Value Picks In Current Indian Stock Market
This year the stock markets have fallen more than 50% around the world due to continued financial crisis that started in developed nations. Our market has over reacted and there are many bluechip stocks that are availa[...]
CLSA Forecast End FY10 Sensex At 9500
With turbulence in global financial markets and potential knock-on impact on economic growth, we estimated bedrock value for top stocks in our universe to determine relative risk-reward for stocks at current share prices[...]
Steel price declining rapidly
The Street is worried as prices of key metals have been declining rapidly. The Bombay Stock Exchange Metal index dipped 7 per cent on Friday against a 4 per cent fall in the Sensitive Index. Since July 1, the metal index[...]
U.S. Senate approves a $700 billion bailout of the financial industry
The U.S. Senate approved a $700 billion bailout of the financial industry late on Wednesday that political and financial leaders called crucial to averting economic catastrophe. The bill is aimed at reinvigorating worldw[...]
BSE India
Indian Finance Minister See Deeper Global Recession
Finance Minister P Chidambaram speaking on the effect of the current global crisis on India said that there have been recessions in the past but added that the current recession threatens to last longer and deeper than before. He said that India does not have a problem but is bearing the brunt of the spillover [...]
CLSA Forecast End FY10 Sensex At 9500
With turbulence in global financial markets and potential knock-on impact on economic growth, we estimated bedrock value for top stocks in our universe to determine relative risk-reward for stocks at current share prices. These estimates build in scenarios of extreme ‘stress’ for key earnings drivers and stock valuations, using historical benchmarks where appropriate. With RCom, Cairn, ICICI, [...]
