Volatile Banking Stocks: Sachin Karpe
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BSE index has again gone down owing to pressures from credit agencies which have downgraded the debt rating of top three lenders in public sector, observes Sachin Karpe
Volatile Banking Stocks: Sachin Karpe
- 1. Volatile Banking Stocks: Sachin Karpe BSE index has again gone down owing to pressures from credit agencies which have downgraded the debt rating of top three lenders in public sector, observes Sachin Karpe. This comes a few days after banking stocks went green after Fed announcement on QE easing. However, RBI policy has brought the cheers down, opines Sachin Karpe. PNB, BoB and SBI stocks have suffered more due to ratings from Moodys. Asian stock markets have behaved lazy due to weak global cues. Citing asset quality and re- capitalization concerns, Moodys has cut RBI from Baa 3
- 2. to Baa 2. Is this worrisome? Well, we need to wait and watch, says Sachin Karpe. Read Full article at http://sachin-karpe.blogspot.in/2013/09/volatile-banking- stocks-sachin-karpe.html Find Sachin Karpe A Business Consultant @ https://www.facebook.com/sachin.karpe.9638 Follow Sachin Karpe @ https://twitter.com/Karpe_Sachin Properties of Sachin Karpe : http://sachinkarpe.in http://sachinkarpe.org http://sachinkarpe.net http://sachinkarpe.co.in http://sachinkarpe.co.uk http://karpesachin.org http://karpesachin.com http://karpesachin.co.in http://karpesachin.net http://sachinkarpe.info http://sachinkarpe.biz