“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
National News Of India Daily Dec 17, 2008 Markets Plummet Amid Profit BookingJagannadham Thunuguntla
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
National News Of India Daily Dec 17, 2008 Markets Plummet Amid Profit BookingJagannadham Thunuguntla
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Nerve News Dec 22, 2008 Profit Booking Pulls Down Equities, Key Index Below 1...Jagannadham Thunuguntla
Till late afternoon, the markets were waiting for a positive boost. When that didn’t happen, profit booking ensued pulling the market down, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
New Kerala Dec 22, 2008 Profit Booking Pulls Down Equities, Key Index Below 1...Jagannadham Thunuguntla
Till late afternoon, the markets were waiting for a positive boost. When that didn’t happen, profit booking ensued pulling the market down, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
India PR Wire Dec 22, 2008 Profit Booking Pulls Down Equities, Key Index Belo...Jagannadham Thunuguntla
Till late afternoon, the markets were waiting for a positive boost. When that didn’t happen, profit booking ensued pulling the market down, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Markets are undergoing a technical correction but a lot of stocks are also very reasonably priced which would induce buying,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to happen till a more reassuring feeling settles down among investors,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Nerve News Dec 22, 2008 Profit Booking Pulls Down Equities, Key Index Below 1...Jagannadham Thunuguntla
Till late afternoon, the markets were waiting for a positive boost. When that didn’t happen, profit booking ensued pulling the market down, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
New Kerala Dec 22, 2008 Profit Booking Pulls Down Equities, Key Index Below 1...Jagannadham Thunuguntla
Till late afternoon, the markets were waiting for a positive boost. When that didn’t happen, profit booking ensued pulling the market down, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
India PR Wire Dec 22, 2008 Profit Booking Pulls Down Equities, Key Index Belo...Jagannadham Thunuguntla
Till late afternoon, the markets were waiting for a positive boost. When that didn’t happen, profit booking ensued pulling the market down, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Markets are undergoing a technical correction but a lot of stocks are also very reasonably priced which would induce buying,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
India PR Wire Nov 12, 2008 Bears Finally Prevail, Key Index Down 300 PointsJagannadham Thunuguntla
'The better industrial production figures brought some cheers but we are now global citizens and the global situation is still causing jitters,' said Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group.
Thunuguntla was trying to explain the ultimate shedding of values despite repeated attempts by bulls Wednesday to push up equities into positive territory.
Profit booking will keep happening intermittently as investors are not sure how long the Indian equities markets will continue to show positive trends. Having said that, it is difficult to say whether the market will continue a particular trend, bullish or bearish, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Profit booking will keep happening intermittently as investors are not sure how long the Indian equities markets will continue to show positive trends. Having said that, it is difficult to say whether the market will continue a particular trend, bullish or bearish, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Profit booking will keep happening intermittently as investors are not sure how long the Indian equities markets will continue to show positive trends. Having said that, it is difficult to say whether the market will continue a particular trend, bullish or bearish, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Profit booking will keep happening intermittently as investors are not sure how long the Indian equities markets will continue to show positive trends. Having said that, it is difficult to say whether the market will continue a particular trend, bullish or bearish, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Profit booking will keep happening intermittently as investors are not sure how long the Indian equities markets will continue to show positive trends. Having said that, it is difficult to say whether the market will continue a particular trend, bullish or bearish, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
‘This year the pain of market fluctuations was felt by all, right from the small retail investor to big corporates,’ said Jagannadham Thunuguntla, head of the capital markets arm with SMC Group.
Profit booking will keep happening intermittently as investors are not sure how long the Indian equities markets will continue to show positive trends. Having said that, it is difficult to say whether the market will continue a particular trend, bullish or bearish, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
‘This year the pain of market fluctuations was felt by all, right from the small retail investor to big corporates,’ said Jagannadham Thunuguntla, head of the capital markets arm with SMC Group
Profit booking will keep happening intermittently as investors are not sure how long the Indian equities markets will continue to show positive trends. Having said that, it is difficult to say whether the market will continue a particular trend, bullish or bearish, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
Profit booking will keep happening intermittently as investors are not sure how long the Indian equities markets will continue to show positive trends. Having said that, it is difficult to say whether the market will continue a particular trend, bullish or bearish, said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“Inflation has stopped being a trigger event as far as the capital markets are concerned. The market has already factored in that inflation will remain in an acceptable range and will keep coming down in the coming weeks,” said Jagannadham Thunuguntla, head of the capital markets arm and director of India’s fourth largest share brokerage firm, the Delhi-based SMC Group.
“The markets gave up profits by the middle of the day. We still have some more pain to face in the markets as investors have to recover confidence in the system,” he added.
Similar to SmasHits Dec 17, 2008 Markets Plummet Amid Profit Booking (12)
SmasHits Dec 17, 2008 Markets Plummet Amid Profit Booking
1. Markets plummet amid profit booking
Posted: 5:29p.m IST, December 17, 2008
Mumbai, Dec 17 (IANS) Indian equities markets Wednesday plunged amid heavy selling with a
key index ending trade 2.62 percent lower than its previous close.Overall investor sentiment was
low as investors sold frontline stocks, triggered by Satyam’s failed bid to acquire its promoter
group companies, Maytas Infra and Maytas Properties.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) fell 261.69 points
or 2.62 percent from Tuesday’s 9,976.98 points to close at 9,715.29 points.
“Overall sentiments in the markets are very edgy and such occasional setbacks will continue to
happen till a more reassuring feeling settles down among investors,” said Jagannadham
Thunuguntla, head of the capital markets arm and director of India’s fourth largest share
brokerage firm, the Delhi-based SMC Group.
The broader-based 50-share S&P CNX Nifty of the National Stock Exchange (NSE) also
followed a similar trend to close at 2,954.35 points, 87.4 points or 2.87 percent lower than its
previous close. Of the 13 sectoral indices, the banking index was the least affected with a
marginal decrease of 0.15 percent, while the most hit were realty and technology stocks that fell
7.36 and 5.02 percent respectively.
Added Thunuguntla: “Any measure taken by the industry or the government will have its
benefits and that’s why we saw banking stocks rally last few days, but any such rally can’t go on
for long.”
Among top gainers in the Sensex were ICICI Bank (up 2.43 percent to close at Rs.421.55),
HDFC Bank (up 1.83 percent at Rs.984) and surprisingly Infosys Technologies, which managed
to gain despite Satyam shares’ fall. Infosys was up 1.51 percent to close at Rs.1,122.9.
Satyam predictably topped the loser charts with the scrip losing 30.22 percent of its closing price
Tuesday and closed at Rs.226.5. Reliance Infrastructure followed with the stock losing 13.73
points to close at Rs.636.55.Broader market indices fell with the midcap index closing 3.33
percent lower than the previous close, while the smallcap index dipped 2.6 percent.
Trading on Asian markets also picked up, with the Nikkei, a key index of the Tokyo Stock
Exchange, rising to currently rule at 0.52 percent higher than its previous close.
The Hang Seng, a key index of the Hong Kong Stock Exchange performed better, rising by 2.18
percent over its previous close.