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Searchn4luv  
Joined on : 29th-Dec-2003
Belongs to :  Silver
Posted : 20 messages
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Hi

31, working in Mumbai for a Big 5 IT firm as Technical Lead.

Interested in stock market analysis,forecasting.

Music, reading books, philately and internet are my hobbies.

Look forward to be a regular boarder in moneycontrol.com.
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ICICI has to decrease the interest rates as the public are already paying high interest rates in promise of Inflation numbers going down .

But the inflation numbers seem to climb up and when RBI has slashed rates and now banks are saying they will monitor and take a decision.

I guess if they have borrowed and showing up losses, they feel and they continue to say, we are watching and monitoring, by that time situation will worsen .

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I wish Bharti and its Employees a belated Diwali and also the goodwill.

Sunil Bharti Mittal all praise for raising the bar in telecom and I wish that he forays into WALMART too and soon bring much needed cheer in Indian faces who are always and constantly looking for value buys and ONESTOP SHOP and global products.

Mr. Mittal - My Best wishes to you for your excellent results and I would like Bharti share to go beyond 1500 and in the years to come.

BHARTI IS GOING TO ROCK THE WORLD , WAIT AND WATCH....
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Hi Venkat,

Rather than asking for email , why dont you put out the information for general public so that we become aware of whats stopping our markets from reaching MAGICAL figures .

Media alone is not enough and We need Government , FM and the Policy Makers to respond and Take individual responsibility if there is some kind of MESS happening and Proper direction and Policy Changes, Regulations needs to be strengthened especially in Reality Sector,
Banking and also think of Giving something back to people rather than
Taxation and stupid Policies.

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As rightly said by you, our Government need to take drastic action to bring in confidence of investors with a policy framework to address Interest Rates cut and Petrol Price revision.

When inflation was high and Oil was soaring , we brought a hike
in Home Loan Interest rates and now when Oil has cooled and inflation too, the Policy Makers , especially Murli Deora and FM should intervene and bring Cheer to Investors and People who have been battered by the events in Stock Markets since Jan 08 should be happy to start picking up Good Stocks for investment right now.

A great lesson that we are learning from SUB PRIME MESS FROM US is that tight fiscal discipline is not only enough but adequate Risk Management and Proper Mitigation and punishment to Violators needs to be built in to our Banking and Financial System.

Also the big question I would have for Finance Minister is

1. Whenever Policy decisions or RBI cuts are happening , whats the
basis for sustaining Market Growth and Policies need to
be crystal clear to People and Traders/Investors and should
not be left to speculation and Act only when there is Turmoil or
Liquidity Crunch.

2. Why Thrust is not given to Sectors like OIL,ENERGY,ALTERNATIVE ENERGY and revival of Agriculture and Trade.

3. Need to conduct a Study or encourage Research on what exactly happened in US Markets and reforming the Banking System as India too has loopholes for bringing a SUB PRIME mess.

FINALLY, WAKE UP BEFORE THE SUN GOES DOWN , am referring to the
US SUB PRIME MESS and Bailouts and Bankruptcies, The bell may also toll in India especially for Real Estate Companies and Banks.


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Excellent artice and it advised not only investors to be greedy but also the Governments , so called HNIs and short term traders and intra day traders.

A nice article to start practising and also avoid borrowings for unwarranted losses.

Thanks ...
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I would be glad if ICICI / SBI would bring cheer on the faces of lakhs of indian home owners who have taken loan by reduction in interest rates which they jacked due to inflation.

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