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[email protected] Today's topics: * Market Reactions on Election Results - 1 messages, 1 author http://groups.google.com/group/BM_discussion/t/cbaa3391b69ac814?hl=en * Invitation to Annual Meeting of Lokayat - 1 messages, 1 author http://groups.google.com/group/BM_discussion/t/139f778817c2ce08?hl=en ============================================================================== TOPIC: Market Reactions on Election Results http://groups.google.com/group/BM_discussion/t/cbaa3391b69ac814?hl=en ============================================================================== == 1 of 1 == Date: Sat, May 16 2009 9:05 am From: priya shah *Market Reactions on Election Results * *From **www.investmentguruindia.com* <http://www.investmentguruindia.com/> ------------------------------ *Market Reaction on Congress alliance set to win polls * The ruling Congress-led alliance was projected on Saturday to win a second term in office after a general election, according to vote counting trends from the election commission. Analysts say this would cheer markets as the coalition government would not need the support of leftist parties that have blocked liberal reforms and opposed foreign investment, particularly in the financial sector. Leftist parties had propped up the government of Prime Minister Manmohan Singh for four of its five years in power but they withdrew support after India signed a civilian nuclear deal with the United States despite protests from communist allies. Following are some analyst views: ALASTAIR NEWTON, SENIOR POLITICAL ANALYST, NOMURA, LONDON: "We can now at least be hopeful that we're going to see a stable government that can push through some structural reforms without worrying about opposition from the left". "You can't detach India from the bigger picture of the global context. But we expect that if these reforms are put in place, then India can get to 10 percent growth over the next decade."* *Read Complete Report<http://investmentguruindia.com/HomeTS_Details.aspx?ID=574&PageID=1> ------------------------------ *ANALYST VIEW - Congress alliance set to win polls* The ruling Congress-led alliance was projected on Saturday to win a second term in office after a general election, according to vote counting trends from the election commission. Analysts say this would cheer markets as the coalition government would not need the support of leftist parties that have blocked liberal reforms and opposed foreign investment particularly in the financial sector. Following are some analyst views: SAMIR ARORA, FUND MANAGER, HELIOS CAPITAL MANAGEMENT, SINGAPORE: "This is a dream for the market. You could not have thought of anything better than this. Get ready for a 7-8 percent rally in the stock market on Monday". "I don't expect them to do full-scale privatisation. On reforms, what they were prevented from doing last time around, this time they will not be. So expect them to start off with some financial services and stronger pension reforms." Read Complete Report<http://investmentguruindia.com/HomeTS_Details.aspx?ID=570&PageID=1> ------------------------------ *Congress says to carry out extensive reforms * The Congress party will carry out extensive economic reforms, a spokesman said on Saturday, after the ruling party-led coalition's win in a general election. "The Congress will continue to carry out extensive reforms, but it will not be at the cost of the public sector," Janardhan Dwivedi told reporters. Read Complete Report<http://investmentguruindia.com/HomeTS_Details.aspx?ID=575&PageID=1> ------------------------------ *FACTBOX - Market moves after previous India elections * The ruling Congress-led coalition and its rivals were jostling to secure new allies to boost their possible parliamentary numbers on Thursday after exit polls said both would fall way short of a majority. The election outcome could have a big impact on markets, depending on the final make-up of the government. On Thursday, stocks fell, the rupee weakened and bond yields rose on caution ahead of the release of official results at the weekend. Here are how Indian markets reacted to the past two elections. Read Report<http://investmentguruindia.com/Home_GSDetails.aspx?GSID=520&PageID=1> ------------------------------ *Left says to sit in opposition * The leader of India's main Communist party said on Saturday they would sit in the opposition after the ruling Congress party-led alliance was projected to win a second term. "We will sit in the opposition," said Prakash Karat. Read Report <http://investmentguruindia.com/WM_GSDetails.aspx?GSID=503&PageID=8> ------------------------------ *BJP concedes election defeat * The Bharatiya Janata Party-led alliance said on Saturday the ruling Congress party-led alliance had the biggest mandate after a general election. "The Congress has the biggest mandate," said senior BJP leader Arun Jaitley. "I think if Congress wants to compliment some of its leaders in this hour of victory, I think they're entitled to do so." Read Complete Report<http://investmentguruindia.com/Home_GSDetails.aspx?GSID=522&PageID=1> ------------------------------ *Congress party may not ask for left support * The Congress party may not turn to its former leftist allies to form a government if the Congress-led coalition wins enough parliament seats in the general election, Trade Minister Kamal Nathsaid on Saturday. A government without the left, which seems to have fared badly in its stronghold in West Bengal, would be a boost to investors hoping for economic reforms in Congress' second term. "There is no compulsion for us to add a whole band of allies," Trade Minister Kamal Nath told Times Now TV channel, when asked whether Congress would ask the left for support. Read Complete Report<http://investmentguruindia.com/HomeTS_Details.aspx?ID=571&PageID=1> ------------------------------ For Free Expert Advice, Latest News, Updates, Analysis, Technical Check, Fundamental Check & Many More Things Visit www.investmentguruindia.com *Disclaimer*: While we have made efforts to ensure the accuracy of our content (consisting of articles and information), neither this website nor the author shall be held responsible for any losses/ incidents suffered by people accessing, using or is supplied with the content. The views and investment tips expressed by investment experts and authors on investmentguruindia.com are their own, and not that of the website or its management. investmentguruindia.com advises users to check with certified experts before taking any investment decisions. Investment in mutual funds are subject to market risk so please read offer document before you invest. The Calls made herein are for informational purpose and are not recommendations to any person to buy or sell any securities. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this column. Readers of this column those who buy or sell securities based on the information in this column are solely responsible for their actions. The author may have positions in any of the stocks mentioned in this column. ============================================================================== TOPIC: Invitation to Annual Meeting of Lokayat http://groups.google.com/group/BM_discussion/t/139f778817c2ce08?hl=en ============================================================================== == 1 of 1 == Date: Tues, May 19 2009 10:58 pm From: अभिजित Abhijit *INVITATION * *LOKAYAT ANNUAL MEETING * *Date:* Sunday, May 24, 2009 *Time:* 4 pm to 8 pm *Venue:* Lokayat Hall, Third Floor, Opp. Syndicate Bank, Law College Road, Near Nal Stop, Pune Dear Friend, We invite you to join us for the ANNUAL MEETING of Lokayat which is held once a year. The prupose of this meeting is to sum up our activities for the past one year, and prepare an outline of activities for the coming year. We would be delighted to have you with us for this summing up, and would like you to share your thoughts with us on what do you feel about Lokayat and your suggestions about our future activities. Hoping to have you with us on the 24th of May, which is a Sunday, in solidarity, Abhijit +91 94 22 30 81 25 ============================================================================== You received this message because you are subscribed to the Google Groups "BM_discussion" group. To post to this group, send email to [email protected] or visit http://groups.google.com/group/BM_discussion?hl=en To unsubscribe from this group, send email to [email protected] To change the way you get mail from this group, visit: http://groups.google.com/group/BM_discussion/subscribe?hl=en To report abuse, send email explaining the problem to [email protected] ============================================================================== Google Groups: http://groups.google.com/?hl=en
