{"id":8719,"date":"2008-09-29T00:00:00","date_gmt":"2008-09-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"market-tanks-on-likely-us-hedge-funds-redemption","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/market-tanks-on-likely-us-hedge-funds-redemption.html","title":{"rendered":"Market tanks on likely US hedge funds redemption"},"content":{"rendered":"<p>Economic Times Mumbai &#8211; The concomitant impact of huge selling in European markets such as FTSE, CAC and DAX, falling more than 3 per cent, has seen a dip back home in realty, bank, IT and capital goods stocks.  <\/p>\n<p>  Sectors like power, metal, pharma, auto and oil &amp; gas saw a huge selling pressure and dropped more than 5 per cent, with an exception of realty, which was down more than 10 per cent. <\/p>\n<p>  Reports are doing rounds that US-based hedge funds are going for redemption within a span of 90 days and this announcement has pulled the market to a large extent.   <a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/economictimes.indiatimes.com\/Sensex_falls_to_lowest_in_18_months\/articleshow\/3540721.cms\"><\/a><\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/economictimes.indiatimes.com\/Sensex_falls_to_lowest_in_18_months\/articleshow\/3540721.cms\">Read Complete Article<\/a><\/strong><\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/economictimes.indiatimes.com\/Sensex_falls_to_lowest_in_18_months\/articleshow\/3540721.cms\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic Times Mumbai &#8211; The concomitant impact of huge selling in European markets such as FTSE, CAC and DAX, falling more than 3 per cent, has seen a dip back home in realty, bank, IT and capital goods stocks. Sectors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[82,879,1383,2889,2250,81,326],"class_list":["post-8719","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bets","tag-dubai","tag-february-12","tag-guerin","tag-investment-banker","tag-newcastle","tag-scrutiny"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8719","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8719"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8719\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}