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Moneycontrol >> Messageboard >> General >> Business Talk
   You are here :     Moneycontrol     MMB   General   Business Talk

Business Talk

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27 Nov 2008 10:26

yes i think he is right mkt should open today ...

In reply to:

Mkts should have functioned today: Rakesh Jhunjhunwala

Posted by : MMB Messenger

Investor and Trader Rakesh Jhunjhunwala said given the circumstances it would have been better if the markets had remained open. He does not expect panic in the market. "If at all, it will be an opportunity to buy."

27 Nov 2008 10:25

Of course, markets should have open......this way objective of Terror is achieved.... Show must go on ....

In reply to:

Mkts should have functioned today: Rakesh Jhunjhunwala

Posted by : MMB Messenger

Investor and Trader Rakesh Jhunjhunwala said given the circumstances it would have been better if the markets had remained open. He does not expect panic in the market. "If at all, it will be an opportunity to buy."

27 Nov 2008 10:18

Investor and Trader Rakesh Jhunjhunwala said given the circumstances it would have been better if the markets had remained open. He does not expect panic in the market. "If at all, it will be an opportunity to buy."...

26 Nov 2008 20:07

The realty prices should at least correct 50% from current levels to have some further sustainable business chances. Because anybody who have minimum common sense will understand that the realty in India is a huge bubble. If some thoughts have put in to current apartment prices, anybody will feel that even in 2nd tier- 3rd tier cities in India, are not affordable for an average Indian. I feel Goldman`s today`s comment is just for boosting confidence of realty market / realty stocks. ...

In reply to:

Realty won’t correct like `96: Goldman Sachs

Posted by : MMB Messenger

Tushar Poddar, Asia Economics Research, Goldman Sachs (India), said the real estate market is set for a big correction, given the current demand and affordability. "Prices may fall by 30% from here. It is expected that real estate price depression will be less protracted than in 1996."

26 Nov 2008 17:40

It is one of the bluder mistake being committed bu US Govt by providing 306 to citi group as thethey are misguided the Indian delibrately. A.S...

In reply to:

US govt may infuse cash into Citigroup

Posted by : MMB Messenger

The US government and Citigroup are working feverishly to hammer out a rescue plan for the beleaguered bank. If all goes according to plan, an announcement of some type of plan is likely in a couple of hours. The exact nature of plan remains unclear, but the US government is leaning towards some sort of cash infusion into Citigroup.

26 Nov 2008 14:06

Yeah, now that oil has hit 200$s these guys predicted, and considering the huge profits they made in US, all are advised to pay heed to the oracle from Goldman!...

In reply to:

Realty won’t correct like `96: Goldman Sachs

Posted by : MMB Messenger

Tushar Poddar, Asia Economics Research, Goldman Sachs (India), said the real estate market is set for a big correction, given the current demand and affordability. "Prices may fall by 30% from here. It is expected that real estate price depression will be less protracted than in 1996."

26 Nov 2008 13:29

Realty prices will correct much more than 96\\\\`, thats what the current equity valuations are telling us. ...

In reply to:

Realty won’t correct like `96: Goldman Sachs

Posted by : MMB Messenger

Tushar Poddar, Asia Economics Research, Goldman Sachs (India), said the real estate market is set for a big correction, given the current demand and affordability. "Prices may fall by 30% from here. It is expected that real estate price depression will be less protracted than in 1996."

26 Nov 2008 13:29

What good news for Mumbai people. I am staying in Mumbai since birth.

I cannot buy a house between Andheri to Bandra to stay closer with my family. The rates are Rs 10000 to Rs 30000 per sq feet.

Those staying in Bandra slums from year 2000 are getting free 300 sq feet houses. I am staying in Mumbai since birth and I am just asking for affordable house with my own money.


...

In reply to:

Realty won’t correct like `96: Goldman Sachs

Posted by : Guest

Good news for Mumbai and Banglore people..What about smaller cities like Nagpur, Bhopal , Baroda, Lucknow, vizag.. which saw a huge surge in property prices previously..can we assume that price will fall in these markets too..

26 Nov 2008 13:09

The realty sector is going to witness more pains in the coming days. It might be correct to say that the contraction won\\\\`t last for 6-7 years the way it did for 90\\\\`s but the fall will be significant as the builder\\\\`s as well as broker\\\\`s greed has pushed the prices to unrealistic levels....

In reply to:

Realty won’t correct like `96: Goldman Sachs

Posted by : MMB Messenger

Tushar Poddar, Asia Economics Research, Goldman Sachs (India), said the real estate market is set for a big correction, given the current demand and affordability. "Prices may fall by 30% from here. It is expected that real estate price depression will be less protracted than in 1996."

26 Nov 2008 12:21

Good news for Mumbai and Banglore people..What about smaller cities like Nagpur, Bhopal , Baroda, Lucknow, vizag.. which saw a huge surge in property prices previously..can we assume that price will fall in these markets too.....

In reply to:

Realty won’t correct like `96: Goldman Sachs

Posted by : MMB Messenger

Tushar Poddar, Asia Economics Research, Goldman Sachs (India), said the real estate market is set for a big correction, given the current demand and affordability. "Prices may fall by 30% from here. It is expected that real estate price depression will be less protracted than in 1996."

26 Nov 2008 11:56

For the first time, someone has told the truth, ...

In reply to:

Realty won’t correct like `96: Goldman Sachs

Posted by : MMB Messenger

Tushar Poddar, Asia Economics Research, Goldman Sachs (India), said the real estate market is set for a big correction, given the current demand and affordability. "Prices may fall by 30% from here. It is expected that real estate price depression will be less protracted than in 1996."

26 Nov 2008 11:56

Tushar Poddar, Asia Economics Research, Goldman Sachs (India), said the real estate market is set for a big correction, given the current demand and affordability. "Prices may fall by 30% from here. It is expected that real estate price depression will be less protracted than in 1996."...

26 Nov 2008 11:40

Subhiksha is facing financial crunch !! is that true. When it is going to recover.Are they going to wind up there business....

In reply to:

Slowdown impact: Retail expansion plans on hold

Posted by : MMB Messenger

India`s retail industry is changing or putting on hold expansion plans largely due to the economic slowdown. The latest victims are Subhiksha and Spinach retail.

26 Nov 2008 11:40

India`s retail industry is changing or putting on hold expansion plans largely due to the economic slowdown. The latest victims are Subhiksha and Spinach retail. ...

26 Nov 2008 11:33

What do we mean by square of the nifty position ?...

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