Worst week for equities as fear grips mkt

Agencies, Markets Bureau
Posted: Saturday, Oct 11, 2008 at 0144 hrs IST
Updated: Saturday, Oct 11, 2008 at 0144 hrs IST

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Sensex falls 213 pts on FII curb fears Suzlon to sell 35% stake in Belgian firm NSE, BSE to extend trade timings soon Six cos lose over Rs 19k cr in m-cap

Mumbai, Oct 10: stocks.

Pankaj Rajdan, deputy chief executive, Aditya Birla Sun Life Financial Services thinks the revival could be faster as the dip also has been fast. He said that the global liquidity position was strained and the market sentiment was weak which was a concern.

However, the domestic fundamentals are strong. He has faith in the co-ordinated effort from the global regulatory agencies in terms of CRR and rate cut will improve the liquidity position. Presently, the valuations are good, he said.

Londoners, in the meanwhile, stood in line outside the largest gold coin and bar retailer in the city’s West End shopping district, clogging the lobby and trading among themselves as they sought a safe haven for their money....

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Worst week for equities as fear grips mkt

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