Posted by: KotakInvestment on ( 29-Oct-09 16:04 ) Addressed to Santa Claus, lakshmibhakt, avishree, bababull, Bhatt, B C Roy, BearCartel, bhattji, BAZEEGAR, Mangalorebull, halasya, harry2511, hemhckp, joetom, K.N.Pillai16968, kalakkuttan, KARUNAS, kekanaje, KFactor, kr_amit, KaiZen., Leena.B, lifaylon, MADHOO, Karthikn, maky1234, mannish, MALAYALI, MMB Moderator, MMB Messenger, mulbi, harshad mehta, spicy, salian, panakals, panayampala, pato, pcspune, pkjattking, polavarapuad, prabhu228, marketman, ramjet, safaya, Khan, sagarmksingh, SageSurya, sajjan1000, sambala, samirarora, samirshahhetal, sanjay38000, sankarcj, letsmakemoney, sasreddy, sauravsachin, PowerSHAH, shal1963, shareware78, Shilp.V, shineabraham, Shirishmishi, shreya, shubhrasankar, simpleinvestor, sivarallabhandi, skasera, skdonweb, sonal001, sonali.thakur, souravkundu, sowmyamoni, MarketPundit, suchuab, marketbear, sujitjha, suktara, sundaram7, sundararaja123, howcome, sureshkotha, Samirr, Udayan Mukherjee, valuepick, Varner, venkatagopal, V K Patni, sam_pd
| | | If you remember this bull run from first week of March this year, it started with Reality stocks. just check Top and Bottom, you will get that most of the stocks appreciated by 86 % to 100 per cent or even more.
In weak market, we have seen this sector being hit intensively. Moreover, RBI credit policy did the rest. It affected this sector in two ways. Bankers advised to make higher provisions on Commercial properties. It is understandable and good also for safety.
However, SLR hike by one % dosen`t carry much impact on liquidity. Most of the banks are already maintaining this ration. Banks are slow in credit which left banks with immense liquidity which they either divert to Treasury Bill purchase or Short Term Gilt securities including Govt Boands.
If RBI look at this fact, they would have avoided SLR hike. It carries vary little meaning......
Just 30000 Cr are taken from Free float of currency. However, Bankers are already maintained this ration by investing surplus in Govt Boands and security .
It would have better to raise reverse repo rate by .5 % which could have created less panic in the market.....
Any way, this has intensified more sell of in REALITY sector. But, yes but, once market stable, Reality stocks will ROAR first.
HDIL, HCC, NAG CONSTRUCTION etc etc.....
I, therefore suggest to closely monitor this stocks............
KI-TRADE
S.Kotak |
|