``We definitely feel there will be a jump in trading volume and better price discovery,'' Madan Sabnavis, chief economist at the National Commodity & Derivatives Exchange Ltd., said. ``The overall benefits for the market will be great.''
``There have been some impatient editorials about the sacrifice of growth at the altar of inflation. I see things differently,'' Singh said at a conference in New Delhi today. ``Inflation is an iniquitous tax. It is essential that we ensure that the poor are not adversely affected by high inflation.'' "I do not see any reason why we cannot sustain 9 percent growth even in the face of a global slowdown," Singh told an industry conference."We must be aware that we cannot be completely insulated from chilly global winds that may blow in our direction."
"The banking sector as a whole is beginning to look interesting given the linkage it has with the overall growth plans of the country," T. P. Raman, managing director of Sundaram BNP Paribas Asset Management, said.
"IEX has started mock trading for its members from today," said Joseph Massey, director of IEX. The exchange plans to start power trading by the third week of February, an official of the IEX had said on Jan 9.
"Except the sentiment, nothing has changed in the power sector. The fundamentals are still strong and the government's programme for capacity addition of another 70,000-80,000 mw with private sector participation in the next few years is on the cards," Anurag Purohit, research analyst with Religare Securities said.
"Indiabulls sees a tremendous opportunity to capitalise on the growth of the Indian power generation sector. The Government of India has projected that to sustain the current GDP rates, additional capacity of 78,000 mw and 82,000 mw is needed during the 11th Five Year Plan (2007-12) and 12th Five Year Plan (2012-17), respectively," Indiabulls Group founder and chairman Sameer Gehlaut said.
"FCEB one more step towards flexibility. A company can co-leverage on group companies' strengths to raise money from overseas," an analyst with a local brokerage said.
"The nervousness will not go away so easily," said Arun Kejriwal, strategist at research firm KRIS."I think we have not bottomed out yet."
"It was mainly a combination of technical bounce-back and short-covering of positions that took the markets to higher levels," said Subash Gangadharan, a technical analyst with HDFC Securities."The market could rise a little bit more before falling again. A sharp rally from these levels may not take place."--"IEX has started mock trading for its members from today," said Joseph Massey, director of IEX. The exchange plans to start power trading by the third week of February, an official of the IEX had said on Jan 9.
"Except the sentiment, nothing has changed in the power sector. The fundamentals are still strong and the government's programme for capacity addition of another 70,000-80,000 mw with private sector participation in the next few years is on the cards," Anurag Purohit, research analyst with Religare Securities said.
"Indiabulls sees a tremendous opportunity to capitalise on the growth of the Indian power generation sector. The Government of India has projected that to sustain the current GDP rates, additional capacity of 78,000 mw and 82,000 mw is needed during the 11th Five Year Plan (2007-12) and 12th Five Year Plan (2012-17), respectively," Indiabulls Group founder and chairman Sameer Gehlaut said.
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