Chetan Ahya, MD of Morgan Stanley, said that the kharif output could fall 15% on monsoon deficiency. “However, there won’t be a major impact of poor agriculture on industrial growth,” he said. Ahya said he was expecting gross domestic product (GDP) at 5.2-5.8% versus …
Investors get relief as IPO stocks rise 100%
Posted on: June 4th 2009 in Market News.
CHENNAI: Shares of companies that did their IPOs in 2008 crashed badly after the equity markets tanked towards the second half of that year. But there is some good news for IPO investors who stuck on, as most IPO stocks have risen close to 100% from their bottoms in October, recouping a p…
Sensex can outperform its Asian peers: Morgan Stanley
Posted on: June 3rd 2009 in Market Outlook.
MUMBAI: Indian firms may sell shares worth up to $30 billion annually over the next three years as the return of economic growth draws investors back to Asia’s third-largest economy, a senior official at Morgan Stanley said. That would match the record $31 billion raised by Indian …
Ten US banks need to raise $74.6 bn in capital
Posted on: May 8th 2009 in Press Releases.
US regulators said 10 of the top 19 banks will need to raise a total of USD 74.6 billion in capital over the next six months. The USD 74.6 billion amount was smaller than what some analysts had estimated the results of the bank stress test to be. Bank of America had the largest …
Opportunities are going to be there in 2009-10 to make a lot of money?
Posted on: April 5th 2009 in Press Releases.
Ramesh Damani, Member, BSE, asks market experts about their outlook for the year 2010. Madhu Kela, Head-Equity, Reliance MF, Investors will have to be very alert and markets will have lot of volatility. He believes that opportunities are going to be there in 2009-10 to make a lot …
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