Are we to see the much waited banking rally next week?

ashlee wrote:Previous posts on banking rally suggested that the much waited banking rally would kick off once the financial results of all the banks are out..Since most of the financial results are out, can we expect a mega banking rally next week as suggested earlier??

But the questions is, would it be MEGA?? Financial performance of most of the banks is not attractive.. Considering the financial performance of B&F sector, if a rally is to happen, it will not be MEGA.. But I have heard people talking about the budgetary benefits towards the B&F sector..So the future got to be safe for B&F sector..
What do you guys think? Would it be MEGA??or would be just a small movement? OR does anyone think there will not be a banking rally at all?? Appreciate your comments..

RDS wrote:not for all banks, it will be for few selected, not only for banks.
but mkt players will ride to ultimate within few days & washed their hands.
more chance to burning yr fingers if u not enter/exit @ correct price & time.

As per bloomberg, refer below earning for 1 year period
Symbol - 1-Yr Return
SEYB.N - 99.45%
SEYB.X - 121.73%
MBSL - 152.58%
SMLL - 337.44%
PABC - 174.71%
NTB - 134.40%
-
COMB.N - 113.19%
SAMP - 181.20%
HNB.N - 131.48%
HNB.X - 75.48%
NDB - 69.33%
DFCC - 117.37%
CFIN - 140.92%
-
CINV - 206.52%
LOLC - 701.20%
GUAR - 308.85%
-
GREG - -47.39%
DPL - 554.78%
CLPL - 67.04%
PHAR - 933.04%
-
BLUE - 152.31%
WAPO - 7719.99%
ECL - 191.82%

Now decide which can further improve

ss7097 wrote:

RDS wrote:not for all banks, it will be for few selected, not only for banks.
but mkt players will ride to ultimate within few days & washed their hands.
more chance to burning yr fingers if u not enter/exit @ correct price & time.

As per bloomberg, refer below earning for 1 year period
Symbol - 1-Yr Return
SEYB.N - 99.45%
SEYB.X - 121.73%
MBSL - 152.58%
SMLL - 337.44%
PABC - 174.71%
NTB - 134.40%
-
COMB.N - 113.19%
SAMP - 181.20%
HNB.N - 131.48%
HNB.X - 75.48%
NDB - 69.33%
DFCC - 117.37%
CFIN - 140.92%
-
CINV - 206.52%
LOLC - 701.20%
GUAR - 308.85%
-
GREG - -47.39%
DPL - 554.78%
CLPL - 67.04%
PHAR - 933.04%
-
BLUE - 152.31%
WAPO - 7719.99%
ECL - 191.82%

Now decide which can further improve

Machan RDS,

Can you give the link of Bloomberg? Others also can check it before take any decision.

ashlee wrote:Previous posts on banking rally suggested that the much waited banking rally would kick off once the financial results of all the banks are out..Since most of the financial results are out, can we expect a mega banking rally next week as suggested earlier??

But the questions is, would it be MEGA?? Financial performance of most of the banks is not attractive.. Considering the financial performance of B&F sector, if a rally is to happen, it will not be MEGA.. But I have heard people talking about the budgetary benefits towards the B&F sector..So the future got to be safe for B&F sector..
What do you guys think? Would it be MEGA??or would be just a small movement? OR does anyone think there will not be a banking rally at all?? Appreciate your comments..

ShareShares wrote:There will be a steady improvement in share prices rather than a big rally. Union bank was also grossly oversubscribed.

UKboy wrote:

ShareShares wrote:There will be a steady improvement in share prices rather than a big rally. Union bank was also grossly oversubscribed.

Yes true. I hope this will be a steady progress rather rallys..