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Created by : Deepak Somani, Associate, HDFC Bank  | 12 28 2008 05:31:41 +0000
Industry : Equity Research/AnalyticsFunctional Area : India(Markets)
Activity:  225 views;  last activity : 07 06 2010 20:18:09 +0000
Will long term loans require recasting if Sensex fall below 9000 points in the year 2009?
 
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I think it would require retracing if the fall in Sensex follows the same trend. Just because of that many banks have stopped giving loans and waiting or the march and the fiscal policy announcement details of 2009.

By Deepak Somani, Associate, HDFC Bank  | 12 28 2008 05:31:41 +0000
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There has been a downward fall since the beginning of this year and the last downward flow that happened in October indicates that the same situation would be there in 2009 also, so no point in waiting for announcement of fiscal policy for next year.

By Prateek Kacker, Sr. Associate,bulls Research  | 12 28 2008 05:36:02 +0000
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