Thanks for your views. It has cleared a lot of my doubts as to why dollar is gaining vs other European currencies.
US $ will lose half of its value over the next decade - surprising.
As rightly said by you, most of the exporters hv already booked them for 1-4 years at 40/- and now stand no chance to avail of this opportunity.
When I put this question to someone, doing forex business, he told me that Europe too will face financial problems going forward. Let us wait and watch....

I think since LT capital gain is exempt u/s.10(38) hence LT capital loss on shares sold thru SE where STT has been paid is a total loss and cannot be carried forward. I hv to look into it.
So far Mr. Sandeep Shanbhag giving reply to my query is concerned, once I had posted to him a query and he has asked me to send him a DD for Rs.5000/- to get his reply.
Only ST capital loss can be carried forward to be adjusted against future capital loss.
...

U r right that confidence in the market has shaken so much that we cannot expect investors to come back to market quickly as many of them hv already lost more than 60-80% of their investment value. It will b only a gradual improvement....

It is something which cannot be believed under the present market conditions....

But the current years working may not be on expected lines and so the EPS may fall below expected level....

As rightly said, realty sector is of course looking weak. However, gold will double in next six months is rather doubtful. Thanks for yr views. Liquidity problem is still there, let us not forget....

very nicely said. SBI cannot hold at current market rate in this market....

if reliance goes down to 1200, then will sensex go down to 8000...

vkk43: I think your question is pretty straight forward (at least this one) and should be answered for free.. I am sure he is already getting paid by money control to join the chat.. Its worth a try =happy investing....

Dear vkk43, The rise in the Dollar may be baffling many including yourself,but the explanation is very simple. The low Interest rate regimes in the US and Japan had ensured copious money flows that drove the Bull Market of the last 4 Yrs. Stock and Commodity Markets in every country received heavy Money flow. When the big Financial Institution in USA ran into trouble Liquidity tightened and Risk aversion rose.Large Institutions rushed to liquidate their liquid Assets in all Markets to shore up their Cash positions.These funds were not diverted to other RISK Assets,instead got parked in US Treasury Bills.The Dollar had to strengthen. Please keep in mind that this Dollar strength is temporary,till Markets stabilise.Once sanity returns the Dollar will start a slow but long decline.I expect it to lose half its value over the next decade.Mind you the Japanese Yen has strengthened against the Dollar as Japanese are prefering to take their money home to a zero Interest rather than seeing their Wealth erode. I will be keen to SELL the Dollar forward(1 to 2 Yrs) using the Option route in the Global Markets. This is the right time for Exporters to Sell their Dollar incomings into the Forward Market,unfortunately they did so in the first 2 Qtrs of 2008 and are suffering massive Treasury losses. I hope you are now getting a better picture. Regards! Goldchest. ...

Vkk43: It seems sandeep shanbhag comes on chat and answers questions regarding tax matters and stock market.. Also he seems to be comming in once a month.. its a good question and I am sure he will be able to do justice to your question.. maybe radhika has some knowledge about it.. =happy investing...

Is devaluation of dollar by US is one of the solution for economy to pick up in that country ?...

Well markets can behave irrational but company`s fundamentals do not change over night, I have been screaming always to buy this share as it is a very good stock, diversified business and if one has to have belief in india growth story this stock is very good pick in infrastructure space, RJ bought Nagarjuna construction at 130-140 levels and stock is now at 55 levels, such stocks will bounce back sharply and I don`t know but my gut feeling tells me that market will bounce sharply too, I could be wrong but it is just a feeling that in Jan - Feb we will be trading much higher... happy investing...

Jaiprakash Associates Limited has informed the Exchange that the Company has today, the October 10, 2008 allotted 1,00,00,000 Equity Shares of Rs.2/- each for the cash at premium of Rs.395/- per share to Jaypee Ventures Private Limited., a Promoters` Group Company, against the equal number of Share Warrants issued to them at the rate of Rs.397/- per warrant. This is a new or corporate announcement from NSE wensite.. if I understadn correct they have already gone and converted one crore warrants into equity shares... at 397 rupees... this stock seems to be undervalued at this time. Happy investing...