Extending the story QoQ, positivity of people towards Q4 numbers and 2010 projections marginal sees an increase and all seem ears hopeful of a good earnings cycle despite a slow run upwards globally and inflationary pressures.
Indicators look green with global recovery and rising sales…. Hopes are too see a clearer picture vis-à-vis past few quarters where numbers carried a taint of miser expenditures.
These views show consensus across onlookers for commodities and consumer durables, specially the auto space. As for services except IT that recovers demand and sees newer/ smaller players, the picture looks bleak with telecom getting competitive and volatile by the day in spite of consistent growth in sales. Rising infra and realty activities boosts construction space to encourage cements to see increasing demand alongwith base metals.
The ambit that still worries could be banking with rising NPAs and low credit take-off despite recovery and FMCGs getting competitive amidst inflation steeps.
All in all an optimistic quarter end with hopfully even more optimistic numbers...
About Me
- New Me is Zen
- Why did God make women so susceptible to shoes? And men so matter of fact-ly? How did the wall street get all un-occupied? oh by the way, Epic Rap Battles of History is the best cure for a 'writer's block'. ....Why would the page be called Random Thots!