CLSA: Chinese Steel Mfg capacity at 400 mn tonnes per annum is ten times the size of India. Most Steel plants around Beijing have been closed for the past 45 days to clear Air around the City for Olympics. Post Olympics most of this excess Steel will no longer be needed, so plants hv to be kept closed or Steel dumped in Global markets...

SEBI can't control CNBC...something cooking there...

SEBI can't control CNBC......something cooking there...

pls pass that message - include my name if u wish and my ID - this is simply the lowest form of
journalism and the wilful rape and pillage of Indian traders and investors - --- do at least this much - SEBI wake up or Quit your job Mr. Bhavecnbc reporting infra numbers as iip numbers falsely some shorter massively stuck - 10 lakh NF was sold on that IIP news - now there are massive discussions on how to get out of this?

where the hell is SEBI

where the hell is SEBI - raghav bahl should be arrested for this false dissemination of information on CNBC - SEBi are you awake or deep in slumber

CNBC

CNBC (cartoon network for business community) foooling all again

Clarification: IIP June numbers yet to be announced

Clarification: IIP June numbers yet to be announced
Correction: Growth in six key infra industries at 3.4% realyy chor cnbc create paniccc

Infrastructure output Figure

Infrastructure output Figure : 5.02 Vs 3.4 (yoy)

IIP data 3.4%

IIP data 3.4%

Fin Min sources say: Govt Unlikely To Relax Norms For P-notes In Near TermTo Notify New Non-govt PF Invst Norms In 2-3 Days, To Introduce Pension Bill In Monsoon Session Of Parl

Credit Suies=While we upgraded our weighting on India only last week, client feedback indicates that we were late in upgrading India. The concern among clients was that the SENSEX was already up 15% (now up 19%) from its low of 16 July, when we upgraded and the last three bear rallies in the SENSEX averaged only 13)
● However, we believe this SENSEX rally could be longer than the last three bear rallies, as it is the only rally that started with a historical P/E that was at its historical average, the only rally with India trading at a discount to the region, and the only rally with cumulative net foreign selling in the previous 12 months.
● The three previous bear rallies started with India’s historical P/E ranging from 18.8-21.1x while this rally started from 16.1x. The three previous ra

CLSA India: The Rate Sensitives Are Back In The Fray (Christopher Wood) Banks, Real Estate and Construction, the building blocks of the Indian Economy would now be favoured over cyclicals like Steel. Interestingly those very sectors which brought Bombay down will help the resurgence.-Oil likely to drift to $ 100 per barrel -USD/Euro cross to move to 1.20-1.25-US Fed Funds rate will be further cut to 1 per cent.-Sell Commodity and Cyclicals, especially Steel. -Australia/New Zealand will be sold off-Within Asia Taiwan weightings cut by 1 per cent, Korea further underweighted by 1 per cent and Thailand holdings brought down to 0.-Indian holdings continue to be in and favour interest rate sensitives.