{"id":59354,"date":"2017-08-08T08:27:48","date_gmt":"2017-08-08T12:27:48","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=59354"},"modified":"2017-08-08T08:27:48","modified_gmt":"2017-08-08T12:27:48","slug":"hedge-fund-correction-may-loom-for-bank-stocks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2017\/hedge-fund-correction-may-loom-for-bank-stocks.html","title":{"rendered":"Hedge Fund: Correction May Loom for Bank Stocks"},"content":{"rendered":"<p>(Bloomberg) Shares of India\u2019s banks may be set for a pullback, according to Vikas Gattani, chief investment officer at Singapore-based fund manager Progress Asia Capital and Advisors Pte.<\/p>\n<p>\u201cIn the absence of any sharp uptick in banking credit and a major redressal in the banks\u2019 balance sheets via capital injection or otherwise, we fear that this sector could severely correct if the earnings do not keep pace with expectations,\u201d Gattani wrote in a letter to investors seen by Bloomberg.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-08-07\/correction-may-loom-for-india-bank-stocks-hedge-fund-warns\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Shares of India\u2019s banks may be set for a pullback, according to Vikas Gattani, chief investment officer at Singapore-based fund manager Progress Asia Capital and Advisors Pte. \u201cIn the absence of any sharp uptick in banking credit and a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59354","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=59354"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59354\/revisions"}],"predecessor-version":[{"id":59355,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59354\/revisions\/59355"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=59354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=59354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=59354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}