Indian equity markets suffered their worst single-day losses in history on Friday. The benchmark Sensex index fell 10.96% to close at 8,701.07 points, its steepest decline ever, as foreign institutional investors sold off holdings aggressively due to tightening liquidity from the global financial crisis. Analysts believed the markets would remain volatile and recovery could take 3-4 years as the crisis caused a liquidity crunch and recession in major economies. The Reserve Bank of India's decision to keep interest rates unchanged was unexpected and drew mixed reactions.
SmasHits Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
"As far as I can remember this is the largest fall in percentage terms in recent history," said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group.
Sakal Times Oct 24, 2008 Sensex In Steepest Ever Fall, Sheds 1,070 PointsJagannadham Thunuguntla
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
The India Star Oct 24, 2008 Sensex In Steepest Ever Fall, Sheds 1,070 PointsJagannadham Thunuguntla
"As far as I can remember this is the largest fall in percentage terms in recent history," said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group
"What is the guarantee that more liquidity would have stopped the fall in equity prices?" he asked, adding: On the other hand, adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy."
"There is a liquidity crisis globally and Indian markets are not immune to that," he said. "FIIS are selling ruthlesslessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries."
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
India Forum Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
South Asia News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
New Kerala Oct 24,2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
SmasHits Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
"As far as I can remember this is the largest fall in percentage terms in recent history," said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group.
Sakal Times Oct 24, 2008 Sensex In Steepest Ever Fall, Sheds 1,070 PointsJagannadham Thunuguntla
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
The India Star Oct 24, 2008 Sensex In Steepest Ever Fall, Sheds 1,070 PointsJagannadham Thunuguntla
"As far as I can remember this is the largest fall in percentage terms in recent history," said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group
"What is the guarantee that more liquidity would have stopped the fall in equity prices?" he asked, adding: On the other hand, adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy."
"There is a liquidity crisis globally and Indian markets are not immune to that," he said. "FIIS are selling ruthlesslessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries."
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
India Forum Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
South Asia News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
New Kerala Oct 24,2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
"As far as I can remember this is the largest fall in percentage terms in recent history," said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group.
"As far as I can remember this is the largest fall in percentage terms in recent history," said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group.
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Indiaenews Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
Manglorean Oct 24, 2008 Key Indian Equities Index Sees Biggest Fall EverJagannadham Thunuguntla
"What is the guarantee that more liquidity would have stopped the fall in equity prices?" he asked, adding: On the other hand, adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy."
"There is a liquidity crisis globally and Indian markets are not immune to that," he said. "FIIS are selling ruthlesslessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries."
Big News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
Thaindian Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Nerve News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
"What is the guarantee that more liquidity would have stopped the fall in equity prices?" he asked, adding: On the other hand, adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy."
"There is a liquidity crisis globally and Indian markets are not immune to that," he said. "FIIS are selling ruthlesslessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries."
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
Two Circles Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Bombay News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group
Calcutta News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
"There is a liquidity crisis globally and Indian markets are not immune to that," he said. "FIIS are selling ruthlesslessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries."
India Gazette Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
Indiaenews Oct 24, 2008 Key Indian Equities Index Sees Biggest Fall EverJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
"The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India then the repercussions will be even more severe," analyst Jagannadham Thunuguntla told IANS.
IndiaeNews Oct 10, 2008 Indian Equities Tank Seven Percent In Day Long MayhemJagannadham Thunuguntla
'The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India, then the repercussions will be even more severe,' said analyst Jagannadham Thunuguntla.
"The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India then the repercussions will be even more severe," analyst Jagannadham Thunuguntla told IANS.
Indiaenews - Sept 22, 2008 - Markets close nearly flat as traders grapple wit...Jagannadham Thunuguntla
Markets close nearly flat as traders grapple with data
Lacklustre, directionless trading saw Indian equities markets close nearly flat Monday with marginal
losses as investors took a breather and were still trying to evaluate the avalanche of global cues.
'Although these rates are applicable only to the immediate short term and do not indicate any long
term trends, there are indications that the cost of funding new projects will go up,' said Thunuguntla.
'The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India then the repercussions will be even more severe,' analyst Jagannadham Thunuguntla told IANS.
"The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India then the repercussions will be even more severe," analyst Jagannadham Thunuguntla told IANS.
Big News - Sept 22, 2008 - Markets close nearly flat as traders grapple with ...Jagannadham Thunuguntla
Perhaps for the first time after the Great Depression in the US, even US money market funds which are considered the safest investment instruments have notched losses and are trading below their face values,'
Two Circles - Sept 22, 2008 - Markets close nearly flat as traders grapple wi...Jagannadham Thunuguntla
Lacklustre, directionless trading saw Indian equities markets close nearly flat Monday with marginal losses as investors took a breather and were still trying to evaluate the avalanche of global cues.
Traders are still trying to understand all the global data such as the developments regarding
investment banks, the $700 billion US bail out plan, and developments on the US money market front,' said analyst Jagannadham Thunuguntla.
"As far as I can remember this is the largest fall in percentage terms in recent history," said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group.
"As far as I can remember this is the largest fall in percentage terms in recent history," said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group.
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Indiaenews Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
Manglorean Oct 24, 2008 Key Indian Equities Index Sees Biggest Fall EverJagannadham Thunuguntla
"What is the guarantee that more liquidity would have stopped the fall in equity prices?" he asked, adding: On the other hand, adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy."
"There is a liquidity crisis globally and Indian markets are not immune to that," he said. "FIIS are selling ruthlesslessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries."
Big News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
Thaindian Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Nerve News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
"What is the guarantee that more liquidity would have stopped the fall in equity prices?" he asked, adding: On the other hand, adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy."
"There is a liquidity crisis globally and Indian markets are not immune to that," he said. "FIIS are selling ruthlesslessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries."
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
Two Circles Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Bombay News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth largest share brokerage firm, the Delhi-based SMC Group
Calcutta News Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
"There is a liquidity crisis globally and Indian markets are not immune to that," he said. "FIIS are selling ruthlesslessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries."
India Gazette Oct 24, 2008 Indian Equities Markets Suffer Worst Ever LossesJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
Indiaenews Oct 24, 2008 Key Indian Equities Index Sees Biggest Fall EverJagannadham Thunuguntla
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he asked, adding: “On the other hand adding more liquidity would have added to inflationary pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are selling ruthlessly to take out whatever money they can because yen carry trade has gone even more out of hand and they are under tremendous liquidity pressure in their home countries.”
"The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India then the repercussions will be even more severe," analyst Jagannadham Thunuguntla told IANS.
IndiaeNews Oct 10, 2008 Indian Equities Tank Seven Percent In Day Long MayhemJagannadham Thunuguntla
'The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India, then the repercussions will be even more severe,' said analyst Jagannadham Thunuguntla.
"The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India then the repercussions will be even more severe," analyst Jagannadham Thunuguntla told IANS.
Indiaenews - Sept 22, 2008 - Markets close nearly flat as traders grapple wit...Jagannadham Thunuguntla
Markets close nearly flat as traders grapple with data
Lacklustre, directionless trading saw Indian equities markets close nearly flat Monday with marginal
losses as investors took a breather and were still trying to evaluate the avalanche of global cues.
'Although these rates are applicable only to the immediate short term and do not indicate any long
term trends, there are indications that the cost of funding new projects will go up,' said Thunuguntla.
'The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India then the repercussions will be even more severe,' analyst Jagannadham Thunuguntla told IANS.
"The CRR cut by the RBI is actually causing more worry because if instead of a one-off measure this is the beginning of a regime of liberal policies in India then the repercussions will be even more severe," analyst Jagannadham Thunuguntla told IANS.
Big News - Sept 22, 2008 - Markets close nearly flat as traders grapple with ...Jagannadham Thunuguntla
Perhaps for the first time after the Great Depression in the US, even US money market funds which are considered the safest investment instruments have notched losses and are trading below their face values,'
Two Circles - Sept 22, 2008 - Markets close nearly flat as traders grapple wi...Jagannadham Thunuguntla
Lacklustre, directionless trading saw Indian equities markets close nearly flat Monday with marginal losses as investors took a breather and were still trying to evaluate the avalanche of global cues.
Traders are still trying to understand all the global data such as the developments regarding
investment banks, the $700 billion US bail out plan, and developments on the US money market front,' said analyst Jagannadham Thunuguntla.
Thaindian - Sept 22, 2008 - Markets close nearly flat as traders grapple with...Jagannadham Thunuguntla
Lacklustre, directionless trading saw Indian equities markets close nearly flat Monday with marginal losses as investors took a breather and were still trying to evaluate the avalanche of global cues.
'Traders are still trying to understand all the global data such as the developments regarding
investment banks, the $700 billion US bail out plan, and developments on the US money market
front,' said Jagannadham Thunuguntla
Net India123 - Sept 22, 2008 - Markets close nearly flat as traders grapple w...Jagannadham Thunuguntla
'This will also mean that the dollar will now start weakening on a long term basis and this also will
have some impact on markets as foreign institutional investors will now tend to stick to assets
denominated in currencies other than the dollar,' he said
National News Of India - Sept 22, 2008 - Markets close nearly flat as traders...Jagannadham Thunuguntla
The main thing is, this is the biggest financial crisis after the Great Depression of 1929, and it will
take some time to understand all the implications," he said by way of explaining the reasons behind
the lacklustre and directionless trading Monday.
SmasHits Sept 22, 2008 - Markets close nearly flat as traders grapple with dataJagannadham Thunuguntla
Perhaps for the first time after the Great Depression in the US, even US money market funds which
are considered the safest investment instruments have notched losses and are trading below their face values.
Thunuguntla is the head of capital markets in India's fourth largest share brokerage firm, the Delhibased SMC Group.
Indi Blitz - Sept 22, 2008 - Markets close nearly flat as traders grapple wit...Jagannadham Thunuguntla
Traders are still trying to understand all the global data such as the developments regarding
investment banks, the $700 billion US bail out plan, and developments on the US money market
front,' said Jagannadham Thunuguntla.
Bombay News - Sept 22, 2008 - Markets close nearly flat as traders grapple wi...Jagannadham Thunuguntla
Lacklustre, directionless trading saw Indian equities markets close nearly flat Monday with marginal
losses as investors took a breather and were still trying to evaluate the avalanche of global cues, analysts said.
'Traders are still trying to understand all the global data such as the developments regarding
investment banks, the $700 billion US bail out plan, and developments on the US money market front,' said analyst Jagannadham Thunuguntla.
Boloji - Sept 22, 2008 - Markets Close Nearly Flat as Traders Grapple with DataJagannadham Thunuguntla
'Similarly, the US budget deficit has gone up today by exactly $700 billion from $10.615 trillion to
$11.315 trillion which means the bailout of banks will be financed entirely through deficit financing,' he said.
Bharatsite - Sept 22, 2008 - Markets close nearly flat as traders grapple wit...Jagannadham Thunuguntla
Lacklustre, directionless trading saw Indian equities markets close nearly flat
Monday with marginal losses as investors took a breather and were still trying to evaluate the avalanche of global cues.
Traders are still trying to understand all the global data such as the developments regarding
investment banks, the $700 billion US bail out plan, and developments on the US money market
front,' said analyst Jagannadham Thunuguntla
Manglorean - Sept 22, 2008 - Markets close nearly flat as traders grapple wit...Jagannadham Thunuguntla
Although these rates are applicable only to the immediate short term and do not indicate any long
term trends, there are indications that the cost of funding new projects will go up,' said Thunuguntla.
'The RBI is expected to intervene and inject liquidity into the system but the million dollar question is when,' he said
News Kerala - Sept 22, 2008 - Markets close nearly flat as traders grapple wi...Jagannadham Thunuguntla
Lacklustre, directionless trading saw Indian equities markets close nearly flat Monday with marginal losses as investors took a breather and were still trying to evaluate the avalanche of global cues.
Perhaps for the first time after the Great Depression in the US, even US money market funds which
are considered the safest investment instruments have notched losses and are trading below their face values
Similar to Sindh Today Oct 24, 2008 Indian Equities Markets Suffer Worst Ever Losses (13)
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.
Sindh Today Oct 24, 2008 Indian Equities Markets Suffer Worst Ever Losses
1. Indian equities markets suffer worst ever losses
Oct 24th, 2008 | By Sindh Today | Category: India
Mumbai: Indian equities markets finished deep in the red Friday with key equity indices
suffering arguably their steepest falls in recent times in percentage terms, analysts said.
The benchmark 30-share sensitive index (Sensex) of the Bombay Stock Exchange closed at
8,701.07, down 1,070.63 percent or 10.96 percent from its previous close Thursday at 9,771.70
points.
In the past, on Jan 21, 2008 and in May, 2004 immediately after the United Progressive Alliance
coalition government came to power, the Sensex had crashed by 10 percent much before noon
and, therefore, brought trading to a halt by hitting the lower circuit filter.
On those two occasions, after markets reopened, the Sensex had recovered to end only a few
percentage points down.
Of course, there have been record falls during the past few weeks after the collapse of Lehman
Bros of the US on Sept 15, but the erosion at closing Friday was the largest ever in the history of
the BSE, analysts said.
“As far as I can remember this is the steepest fall ever in the history of the BSE in both points
and percentage terms,” said Jagannadham Thunuguntla, head of the capital markets arm of
India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Yes, this the biggest ever crash in the BSE’s history,” said Ashish Kapoor, chief executive
officer of Delhi-based Invest Shoppe India Pvt Ltd, a fact that was also confirmed by portfolio
strategist Manoj Krishnan of Delhi based financial services firm Price Investment Management
& Research Services.
In percentage terms, the fall of the broader 50-share S&P CNX Nifty index of the National Stock
Exchange (NSE) was even steeper.
The Nifty closed at 2,584.00, down 359.15 points or 12.20 percent from its previous close
Thursday at 2,943.15 points.
The BSE midcap index finished at 3,095.68 points, down 283.04 points or 8.38 percent from its
previous close Thursday at 3,378.72 points.
2. The BSE smallcap index closed at 3,661.83, down 303.87 points or 7.66 percent from its
previous close Thursday at 3,965.70 points.
All 13 sectoral indices at the BSE ended with losses with the worst hit being realty, oil and gas,
banks and metals in that order.
Not a single stock that goes into the Sensex finished in positive territory. The biggest loser was
DLF Ltd. that ended with a loss of 23.96 percent.
Ranbaxy Laboratories came next shedding 17.83 percent, Hindalco lost 17.82 percent and Tata
Motors was down 16.54 percent.
As many as 2,322 or 88.36 percent of traded stocks declined, only 260 or 9.89 percent advanced
and 46 or 1.75 remained unchanged.
“There was large-scale selling by hedge funds and even by pension funds to protect their assets.
Pension funds normally buy when markets are down,” said Kapoor.
California Public Employees Retirement System or CalPERS, one of the largest pension funds in
the world is an example, Kapoor said.
Analysts were also surprised that the RBI chose to keep lending rates and other key liquidity
ratios unchanged in its mid-term policy review announced Friday.
Religare Securities President Amitabh Chakraborty told IANS: “I’m surprised. I was expecting a
cut in the repo rate and reverse repo rate. I guess the banking sector will see more pressure,”
HDFC chief economist Abheek Barua said: “In this policy financial stability has been the main
priority. RBI has taken aggressive measures already, so now they would wait and watch
depending on the market volatility.”
Thunuguntla also welcomed the RBI move not to add more liquidity because he said the role of
the RBI is to monitor growth and inflation and not to help out the capital markets.
“What is the guarantee that more liquidity would have stopped the fall in equity prices?” he
asked, adding: “On the other hand adding more liquidity would have added to inflationary
pressures and might lead to more problems for the real economy.”
“There is liquidity crisis globally and Indian markets are not immune to that,” he said. “FIIS are
selling ruthlessly to take out whatever money they can because yen carry trade has gone even
more out of hand and they are under tremendous liquidity pressure in their home countries.”
In yen carry trade, hedge funds used to borrow yen denominated loans from Japanese banks at a
negligible interest rate of 0.5 percent and then converted these funds into other currencies and
invested across the globe.
3. So, even if they earned a return of as low as 2-3 percent they still made a profit on those
investments because their cost of funds was only 0.5 percent.
Now with the dollar appreciating against the yen the conversion rate has hit a 13-year high.
Currently the exchange rate is 95 yen to a dollar when a year ago it was 109 yen to a dollar. This
means yen denominated loans have become costlier by almost 15 percent so that the cost of yen
denominated loans is now 15.5 percent against only 0.5 percent earlier.
This is forcing hedge funds with yen denominated loans to repay those loans as soon as possible
and stop losing money. This is the reason they are selling off whatever assets they have,
wherever they have, to repay yen denominated loans.
“The markets are not a proxy for the real economy. When there was 9 percent growth in the last
two years markets grew by 40 percent. Now even if domestic economy grows 7-8 percent
markets have crashed more than 50 percent,” Thunuguntla said.
When there was great global liquidity, FIIs invested in India pushing up the markets, he said.
Now there is no global liquidity so FIIs are pulling out in a hurry.
“I think the RBI’s move not to add further liquidity is, therefore, prudent. The markets will
correct themselves only when the global liquidity situation stabilizes,” he said.
It is also too much to expect that domestic financial institutions with investible surpluses in the
range of $10-15 billion can stem the rot when market capitalization losses are to the tune of
$600-700 billion, he said.
“We enjoyed the benefit of high global liquidity, now we have to bear the other side of the
stick,” Thunuguntla said.
Global cues too were very weak. Both the Dow Jones futures & S&P 500 futures hit the lower
circuit breaker of 7 percent in European markets.
“US indications are scary since once US markets open at 7 pm Indian time these indices will
resume trading and will probably go down further,” Thunuguntla said.
The Nasdaq futures was also down but at 6.5 percent it hadn’t yet hit the lower circuit filter.
Most European markets were down by around 10 percent on news that the UK GDP had shrunk
0.5 percent in the third quarter of this year ending September.
“This is the first time that hard numbers indicating recession in the global economy is coming in
and I am expecting even more bad news in the coming days,” Thunuguntla said.
“I think it wouldn’t be long before some hedge funds and private equity funds begin to report
bankruptcy,” Thunuguntla said.
4. In India, realty firms have begun to default or seek deferment of payments and although realty
prices have still managed to stay at high levels they are likely to come down in this cash crunch
market, the analysts said.
“The sentiment is extremely negative and although this is a good time to buy you must be ready
to wait for at least 2 year or even more before you can think of returns,” Kapoor said.
“This is a very deep cut and recovery may take as long as 3-4 years,” he said.