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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.
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VolatileBankingStocks: SachinKarpe BSEindexhasagaingonedownowingtopressuresfrom creditagencieswhichhavedowngradedthedebtrating oftopthree Karpe. Thiscomesaafter lendersinpublicsector,observesSachin fewdaysafterbankingstockswentgreen Fed announcement on QE However,policyhas easing. RBI brought the cheersdown, opines Karpe. Sachin PNB,BoBandSBIstockshavesufferedmoredueto ratingsfromMoodys.Asianstockmarketshavebehavedlazyduetoweakglobalcues.Citingassetqualityandre-capitalizationconcerns,MoodyshascutRBIfromBaa3
toBaa2.Isthisworrisome?Well,weneedtowaitand watch,saysSachinKarpe. ReadFullarticleat http://sachin-karpe.blogspot.in/2013/09/volatile-banking-stocks-sachin-karpe.html FindSachinKarpe–ABusinessConsultant@ https://www.facebook.com/sachin.karpe.9638 FollowSachinKarpe@ https://twitter.com/Karpe_Sachin PropertiesofSachinKarpe: http://sachinkarpe.inhttp://sachinkarpe.orghttp://sachinkarpe.nethttp://sachinkarpe.co.inhttp://sachinkarpe.co.ukhttp://karpesachin.orghttp://karpesachin.comhttp://karpesachin.co.inhttp://karpesachin.nethttp://sachinkarpe.infohttp://sachinkarpe.biz