It is learnt that the stock exchanges can be ready.Advised to wait for the signal from SEBI for starting today--Friday
v.krishnamoorthy...

NSE,BSE can be ready for trading .But should wait for SEBI`s green signal
v.krishnamoorthy...

Can atleast one analyst tell the board how mathematically a share had an IPO price 300 to 500 times the face value? Leave alone the fact that the re was a mad rush or herd metality or drum beating of the media. Personally, I feel the Unitech may quote at a single figure.
v.krishnamoorthy...

Dear Sri sourav,
All days are good days. Today should be a blessed day, as Siemens will be the first company to announce the annual results, after passing through a period of three quarters of turbulent period. Let us hope for the best and wish the entire market to get a boost.May I know your thinking Sir?
v.krishnamoorthy...

My message was not flashed in full. The rest is as under:

"Insurance penetration in India is very low and the general insurance industry is expected to grow at a brisk rate of 15-20 per cent per annum over a period of next 10-years," Bhatt said in the release.

"SBI, with its unparalleled brand equity and extensive distribution network will be able to provide protection to people even in the far-flung rural and semi-urban areas throughout the country and help deepen the market," Bhatt added.

With this foray, the bouquet of financial products offered by the SBI Group ensures its footprints in every area of financial services, the release said.

The bank is already offering life insurance products through its subsidiary, SBI Life Insurance Company.

IAG`s Managing Director and Chief Executive Officer, Michael Wilkins, said that the joint venture was a significant step in IAG`s strategy to pursue select intetrnational general insurance opportunities.

v.krishnamoorthy...

SBI enters general insurance biz

Mumbai, Nov 24 (PTI) Premier public sector lender, State Bank of India, today said that it has entered into a joint venture with Australia`s Insurance Australia Group (IAG) for its foray into the general insurance business.

State Bank will be holding a 74 per cent stake while the balance 26 per cent will be held by IAG, subject to Reserve Bank approval.

Regulatory authorities would be approached for the necessary approvals and the company hopes to commence business in the next financial year, a press release issued here stated.

State Bank`s Chairman, O P Bhatt, said that the joint venture is a part of the bank`s strategic initiatives to retain its position as the pre-eminent financial services group in the country.

...

To arkam
It is worth buying at current level. If you are keen forget the past performance as the same may or may not repeat. This is an export oriented company . the company contributes a lot for the critical care health industry which cannot delay their purchases forit`s growth.these are the plus points. the other side is the liquidity problem of the purchaser, wherever he is. Any delay or failure to implement their expansion will have an impact inthe growth of this sector.
still you are interested, always buy with your surplus in four or five lots with the allotted money for this counter. That way you can average the price. always have atarget to exit. If you get a profit of 15 to 20 % book the profit with out attaching sentiments.
Wish you happy hunting.
v.krishnamoorthy ...

Hello Friends, Indeed it’s a sad day for all of us, let us not loose hope but be brave. I request for all of you to rethink how can we the market participants help our mother land. I suggest buying some of the terror impacted stocks, to show the world how resilient and emotional we are. Though emotion does not play a good role in stock markets we have take some reasonable risk to help the fellow Indians who are impacted. We have been emotional for thousands of years but still growing at 7% pa. Its ok if you do not feel like buying the stocks but please do not short. Thank you Naveen ...

SEBI chairman says has asked stock exchanges to be ready to start trading, will take a final call on resuming trade later; encounter rages on at Nariman House, 2 choppers airdrop NSG commandos; NSG: matter of time before combing operation is over... ET............

Dear Leave it, I am anticipating anything in the range of 280-300 crs to be taken positvely by the market.. anything lower than this might be tough to keep the scrip price up. Regards, Sourav...

My message was not flashed in full. The rest is as under: "Insurance penetration in India is very low and the general insurance industry is expected to grow at a brisk rate of 15-20 per cent per annum over a period of next 10-years," Bhatt said in the release. "SBI, with its unparalleled brand equity and extensive distribution network will be able to provide protection to people even in the far-flung rural and semi-urban areas throughout the country and help deepen the market," Bhatt added. With this foray, the bouquet of financial products offered by the SBI Group ensures its footprints in every area of financial services, the release said. The bank is already offering life insurance products through its subsidiary, SBI Life Insurance Company. IAG`s Managing Director and Chief Executive Officer, Michael Wilkins, said that the joint venture was a significant step in IAG`s strategy to pursue select intetrnational general insurance opportunities. v.krishnamoorthy...

Dear Krishnamoorthy, Thank you for your reply, which is quite transparent and needs no amendments. You are right. When we look at the stocks, we see lot of attraction in them as most of them are fallen almost to the bottom. But waiting in the sidelines till we are comfortable is what we have to do. with regards krishnan nair...