Thursday, July 26, 2012

Why this Sell a wary, sellawary di...!!

What sparked the sell-off in midcap companies' shares today

Talk in the market is that a couple of brokers who are facing a liquidity crisis have sold pledged shares of companies, triggering a sell-off in the shares of nearly a dozen mid-cap companies.

Last year in November, stocks of many mid-cap companies fell as much as 50% as many non-banking finance companies dumped shares pledged by promoters with them. The promoters had raised money from these NBFCs by pledging* their shares, and when the promoters failed to put up the additional margin because of a decline in their stock price, the NBFCs sold the shares in the market to recover their dues, aggravating the slide.

A few promoters nearly lost control of their firms because of their holdings decreasing. And even though the NBFCs dumped the shares at the first sign of trouble, some of them could not recover their entire principal because of the precipitous fall in the share price. After this unpleasant experience, NBFCs tightened their lending norms and would not easily give loans to promoters of mid-cap companies against shares.

read full story here

 

 

 

3 comments:

  1. When it comes for upkeep of automobile it comes with lots of responsibilities which have been compulsory to be achieved. As a car is set up up with multiform accessories it will ask for particular armani marco replica refuge from time to time. One such appendage which will ask for clever upkeep as well as refuge is your automobile soothing acme.

    Another really distinguished, as well as sincerely viewable approach of becoming different a customary guitar is to have dual frets, or necks. A close of a guitar is a prolonged true territory heading up out of a physique, as well as forth which a cartier baignoire replica strings run. Having dual of these equates to which we obviously need dual sets of strings, as well as a physique blending to await not usually these dual sets of strings, though a extensive aria which a animate strings abode upon a apparatus.

    To have your Saturday Nights some-more fascinating move home Cinemax film gold. Starting from movement cinema to regretful flicks, informal humerous entertainment drive-in theatre or unfamiliar cinema we will get them all upon Cinemax. We can get 3 disdainful channels underneath this Cinemax container, with dual HD channels. Get Cinemax cinema upon channels 515 to 517 upon DirecTV.

    replica watches
    replica longines
    watches longines
    longines evidenza replica
    longines spirit replica
    longines heritage replica
    longines dolce vita replica
    longines conquest replica
    longines la grande classique replica
    longines elegant replica
    longines flagship replica
    longines lyre replica
    longines saint imierref replica

    ReplyDelete