IFCI

Decoupling days are coming ahead.........

Posted by : harishkrsharma

Dear VKK43, ifciRocky

Our Govt still have excuses by sayng that we might not need stimulus package as our economy is more a domestic economy whereas China has export based.........

Do not expect any support from GOI even in tough times.........nothing new. When they cannot decide the future of OCDs in time ...how come one can expect anything out of the turn.

harish sharma

Decoupling days are coming ahead.........

Posted by : ifci_rocky

Wall Street turns to consumer to gauge economy
Sunday November 9, 6:11 pm ET
By Joe Bel Bruno, AP Business Writer

Investors await Wal-Mart earnings, retail sales report for insight into economy


NEW YORK (AP) -- Wall Street heads into another turbulent week with investors set to pore over a government report on retail sales and earnings from Wal-Mart Stores Inc. to get a better reading on the consumer.

There are growing signs that the deepening economic slowdown has caused Americans to tighten their purse strings. There was fresh evidence of this past week when retailers posted the worst October same-store sales in 35 years -- and analysts believe the upcoming holiday shopping season could be among the slowest in decades.

With consumer spending driving more than two-thirds of the U.S. economy, investors will be paying close attention to earnings outlooks for some of the nation`s biggest retailers. Wal-Mart, the nation`s biggest retail chain, will post results on Thursday. Kohl`s Corp., JCPenney Co., Macy`s Inc., and Abercrombie & Fitch Co. are scheduled to release reports as well.

Investors will get an overall picture of consumer spending on Friday when the Commerce Department releases its October retail sales index. The closely watched gauge is expected to show sales dropping 1.2 percent for the month after falling 1.2 percent in September. Excluding the battered automobile industry, sales are expected to have fallen 0.9 percent.

The market, still trying to recover from October`s devastating losses, will likely zigzag as investors react to these reports. This has been the pattern during the past few weeks, with major indexes swinging from one extreme to another in capricious trading.

Many analysts believe this volatility is part of a bottoming-out process. The real test is to see in the coming days if investors have already priced in the potential for negative news or if fear of a protracted recession will trigger another stream of selling.

"The news is going to be really bad, and that shouldn`t be a surprise to investors," said Peter Cohan, principal of Peter S. Cohan & Associates. "But, I`m feeling uncomfortable that the market is a daily mood ring for the economy. The small investors are largely out of the market, and what you end up with is a small number of very large players making decisions."

Cohan pins the volatility on hedge funds, pension funds, and big university endowments unloading stocks to raise collateral and scooping up undervalued stocks to seize opportunity. He believes this will eventually result in a more stable trading environment that will lure retail investors back, and add stability to major indexes.

Hedge funds could come to center stage this week if they receive another wave of redemption requests from investors. The upcoming Nov. 15 deadline for redemptions could cause further instability in the market, Cohan said.

Wall Street had enjoyed its biggest Election Day rally in history last Tuesday, but could not cling to those gains. This was followed by a two-day loss of about 10 percent in the major indexes, including a 929-point drop in the Dow, as investors turned their focus once more to the economy`s woes.

For the week, the Dow Jones industrial average and broader benchmarks such as the Standard & Poor`s 500 index lost about 4 percent after surging 10 percent or more the week before. Technical analysts are keeping a close eye on all the data this week, with continued concerns that the Dow will test its Oct. 10 intraday low of 7,882.51.

Stock futures trading early Sunday evening showed a slightly positive start for the markets. S&P 500 futures gained 0.83 percent, while Nasdaq 100 futures rose 0.66 percent.

continued

Views about IFCI

Posted by : arpitpuranik

i hav some shares of IFCI at 19.25 should i hold or book profit & bye some at its lower side.....wht is the future of this compony....for next 2 weeks

Decoupling days are coming ahead.........

Posted by : ifci_rocky

Dear Harish Ji Rupee again will appreciate to below 39 levels in 4-6 Qtrs time it was the play of RBI & Govt to stop the outflows ruppe was depreciated so the dollar outflow will be less, in future when inflows start more dollars will flow for the same ruppe as it will appreciate heavily.

ifci rocky.

Decoupling days are coming ahead.........

Posted by : vkk43

Thanks for this info. As a result of this, there will be an improvement in the Chinese economy, which is at present facing slow down and weakness.

Unitech Screwed my investment

Posted by : Guest

IFCI soon 14 Level, experts see market may be touch oct 08 Low 7700,

wait & then buying 14-15 rs

Unitech Screwed my investment

Posted by : Guest

IFCI soon 14 Level, experts see market may be touch oct 08 Low 7700,

wait & then buying 14-15 rs

Unitech Screwed my investment

Posted by : arpitpuranik

wats your view about IFCI.......?

Decoupling days are coming ahead.........

Posted by : ifci_rocky

Wall Street turns to consumer to gauge economy
Sunday November 9, 6:11 pm ET
By Joe Bel Bruno, AP Business Writer

Investors await Wal-Mart earnings, retail sales report for insight into economy


NEW YORK (AP) -- Wall Street heads into another turbulent week with investors set to pore over a government report on retail sales and earnings from Wal-Mart Stores Inc. to get a better reading on the consumer.

There are growing signs that the deepening economic slowdown has caused Americans to tighten their purse strings. There was fresh evidence of this past week when retailers posted the worst October same-store sales in 35 years -- and analysts believe the upcoming holiday shopping season could be among the slowest in decades.

With consumer spending driving more than two-thirds of the U.S. economy, investors will be paying close attention to earnings outlooks for some of the nation`s biggest retailers. Wal-Mart, the nation`s biggest retail chain, will post results on Thursday. Kohl`s Corp., JCPenney Co., Macy`s Inc., and Abercrombie & Fitch Co. are scheduled to release reports as well.

Investors will get an overall picture of consumer spending on Friday when the Commerce Department releases its October retail sales index. The closely watched gauge is expected to show sales dropping 1.2 percent for the month after falling 1.2 percent in September. Excluding the battered automobile industry, sales are expected to have fallen 0.9 percent.

The market, still trying to recover from October`s devastating losses, will likely zigzag as investors react to these reports. This has been the pattern during the past few weeks, with major indexes swinging from one extreme to another in capricious trading.

Many analysts believe this volatility is part of a bottoming-out process. The real test is to see in the coming days if investors have already priced in the potential for negative news or if fear of a protracted recession will trigger another stream of selling.

"The news is going to be really bad, and that shouldn`t be a surprise to investors," said Peter Cohan, principal of Peter S. Cohan & Associates. "But, I`m feeling uncomfortable that the market is a daily mood ring for the economy. The small investors are largely out of the market, and what you end up with is a small number of very large players making decisions."

Cohan pins the volatility on hedge funds, pension funds, and big university endowments unloading stocks to raise collateral and scooping up undervalued stocks to seize opportunity. He believes this will eventually result in a more stable trading environment that will lure retail investors back, and add stability to major indexes.

Hedge funds could come to center stage this week if they receive another wave of redemption requests from investors. The upcoming Nov. 15 deadline for redemptions could cause further instability in the market, Cohan said.

Wall Street had enjoyed its biggest Election Day rally in history last Tuesday, but could not cling to those gains. This was followed by a two-day loss of about 10 percent in the major indexes, including a 929-point drop in the Dow, as investors turned their focus once more to the economy`s woes.

For the week, the Dow Jones industrial average and broader benchmarks such as the Standard & Poor`s 500 index lost about 4 percent after surging 10 percent or more the week before. Technical analysts are keeping a close eye on all the data this week, with continued concerns that the Dow will test its Oct. 10 intraday low of 7,882.51.

Stock futures trading early Sunday evening showed a slightly positive start for the markets. S&P 500 futures gained 0.83 percent, while Nasdaq 100 futures rose 0.66 percent.

continued

TARGET RS 50 AGAIN

Posted by : KARUNAS

Hi Harish,
Now the GOI will take time, may till the market sentiment improves, a fresh bid towards stake sales, and, even then the previous offer cannot be matched for a long time to come, and hence no stake sales.

Decoupling days are coming ahead.........

Posted by : ifci_rocky

Wall Street turns to consumer to gauge economy
Sunday November 9, 6:11 pm ET
By Joe Bel Bruno, AP Business Writer

Investors await Wal-Mart earnings, retail sales report for insight into economy


NEW YORK (AP) -- Wall Street heads into another turbulent week with investors set to pore over a government report on retail sales and earnings from Wal-Mart Stores Inc. to get a better reading on the consumer.

There are growing signs that the deepening economic slowdown has caused Americans to tighten their purse strings. There was fresh evidence of this past week when retailers posted the worst October same-store sales in 35 years -- and analysts believe the upcoming holiday shopping season could be among the slowest in decades.

With consumer spending driving more than two-thirds of the U.S. economy, investors will be paying close attention to earnings outlooks for some of the nation`s biggest retailers. Wal-Mart, the nation`s biggest retail chain, will post results on Thursday. Kohl`s Corp., JCPenney Co., Macy`s Inc., and Abercrombie & Fitch Co. are scheduled to release reports as well.

Investors will get an overall picture of consumer spending on Friday when the Commerce Department releases its October retail sales index. The closely watched gauge is expected to show sales dropping 1.2 percent for the month after falling 1.2 percent in September. Excluding the battered automobile industry, sales are expected to have fallen 0.9 percent.

The market, still trying to recover from October`s devastating losses, will likely zigzag as investors react to these reports. This has been the pattern during the past few weeks, with major indexes swinging from one extreme to another in capricious trading.

Many analysts believe this volatility is part of a bottoming-out process. The real test is to see in the coming days if investors have already priced in the potential for negative news or if fear of a protracted recession will trigger another stream of selling.

"The news is going to be really bad, and that shouldn`t be a surprise to investors," said Peter Cohan, principal of Peter S. Cohan & Associates. "But, I`m feeling uncomfortable that the market is a daily mood ring for the economy. The small investors are largely out of the market, and what you end up with is a small number of very large players making decisions."

Cohan pins the volatility on hedge funds, pension funds, and big university endowments unloading stocks to raise collateral and scooping up undervalued stocks to seize opportunity. He believes this will eventually result in a more stable trading environment that will lure retail investors back, and add stability to major indexes.

Hedge funds could come to center stage this week if they receive another wave of redemption requests from investors. The upcoming Nov. 15 deadline for redemptions could cause further instability in the market, Cohan said.

Wall Street had enjoyed its biggest Election Day rally in history last Tuesday, but could not cling to those gains. This was followed by a two-day loss of about 10 percent in the major indexes, including a 929-point drop in the Dow, as investors turned their focus once more to the economy`s woes.

For the week, the Dow Jones industrial average and broader benchmarks such as the Standard & Poor`s 500 index lost about 4 percent after surging 10 percent or more the week before. Technical analysts are keeping a close eye on all the data this week, with continued concerns that the Dow will test its Oct. 10 intraday low of 7,882.51.

Stock futures trading early Sunday evening showed a slightly positive start for the markets. S&P 500 futures gained 0.83 percent, while Nasdaq 100 futures rose 0.66 percent.

continued