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ramsingh Says:
July 5th, 2010
Posted at: 7:22 pm
Hai CB!
What about Edserv and what is the further target. Please suggest.
Manish Says:
July 5th, 2010
Posted at: 7:27 pm
Gud evng sir I hv 100 shares of GTL Infra @47.65 Wat do u think its prospects Should I hold or exit
CB Says:
July 5th, 2010
Posted at: 7:32 pm
Hi ramsingh, it can head upto 233
Hi Manish, after the rnrl-rpower merger ratio, there is some selling pressure seen in gtl infra.for now hold it. a close above 45 can take it higher to 51
sam Says:
July 5th, 2010
Posted at: 7:47 pm
hi cb, where do u see ranbaxy tomorrow
Srinath Says:
July 5th, 2010
Posted at: 7:47 pm
Hi CB
Can we enter IFCI call
Please advise
ramsingh Says:
July 5th, 2010
Posted at: 7:56 pm
Hai CB!
Which amount i have to book profit in Jubilant Foodworks.Please suggest.
amit Says:
July 5th, 2010
Posted at: 8:05 pm
Hi CB,
I am holding MRPL long . Can It see 85 tomorrow? What is its target in a week? Pl reply & oblige. Thanks. Further, give me some suggestions for success in day-trading - name of good books in day-trading, websites etc.
Shipra Says:
July 5th, 2010
Posted at: 8:08 pm
HI cB KARTIK...when will vijaya bank future rise...will it reach the target by this week end..pls tell? we took this for intraday and it has been more then 2 weeks now..
wen will it rise?
gbhat Says:
July 5th, 2010
Posted at: 8:18 pm
Hi CB.. Jubilant Org. is closed above 371.. what would be the target in this upmove ?
Can i go for intraday tomorrow ? Thank u..
matlee Says:
July 5th, 2010
Posted at: 8:25 pm
FODDER FOR THOUGHT...
Service Growth Gears Down, Stokes Double-Dip Fear
Published: Monday, 5 Jul 2010 | 6:38 AM ET Text Size
By: Reuters
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Global services growth geared down a notch in June, data showed on Monday, supporting the view in financial markets that emerging and developed economies are set to cool off through the second half of the year.
The reports followed a series of similar health-checks on global manufacturing last week which told a similar story and which together could stoke smouldering fears of a double-dip recession in some developed economies.
China's services sector growth slowed to its weakest in 15 months and the surveys showed a similar slowdown from heady rates across Europe, where governments are taking the hatchet to budgets and where consumer spending is already lacklustre.
"The euro zone debt crisis and an associated intensified tightening of fiscal policy in a number of countries is having a dampening impact on economic activity across the region," said Howard Archer, chief European economist at IHS Global Insight.
The reports followed news on Friday that the U.S. economy shed 125,000 jobs in June, the largest decline since October, showing the world's largest economy is failing to accelerate on its own as government stimulus fades.
World stocks have tumbled 13 percent over the past two months on fears that the world recovery from the worst recession in generations is faltering, although a U.S. market holiday left them directionless on Monday.
HSBC said its Purchasing Managers' Index (PMI) for China's services sector -- which unlike most developed economies, represents less than half of its output -- fell to a 15-month low of 55.6 in June from 56.4.
Although that was well above the threshold of 50 that separates expansion from contraction, the loss of momentum, which was also evident in manufacturing, provided more evidence that the Chinese government's tightening campaign is biting.
A similar services index for the U.S., due for release on Tuesday after the Independence Day holiday, is also expected to slip.
V or W?
A separate report showed British services growth slowed in June, also held back by subdued new business and a record monthly drop in confidence.
The CIPS/Markit Services PMI fell for the third time in four months and more than expected to 54.4, a 10-month low, triggering widespread concern among analysts.
"It is a shockingly weak result for the proponents of a V-shaped recovery in the UK," said Lena Komileva, head of G7 market economics at Tullett Prebon.
"This is the beginning of a W-shaped scenario as the survey clearly shows the recovery momentum has peaked."
Markit also reported that its comparable euro zone services PMI fell to 55.5 in June from a 33-month high in May, in part thanks to a slowdown in orders for new business.
While that was also at a level pointing to relatively strong growth, most economists expect the quarter just ended to be the peak for this year, with the Reuters consensus showing 0.3 percent quarterly growth for the remainder of this year.
arun Says:
July 5th, 2010
Posted at: 8:33 pm
hi cb,
tomorrow u expect markets to go up or down?
neelimakumar Says:
July 5th, 2010
Posted at: 8:38 pm
Hi CB, have bought a lot of 45 put option of RNRL.......do u feel i cud make some money. Dont want to loose further. Plzz advice :)
sam Says:
July 5th, 2010
Posted at: 8:39 pm
hi cb, shortterm tgt of ranbaxy plz