There may be buying from lic/uti in this counter with the instructions of govt.... except these institutions,no body will be interested in the stock at preent price during this powerful bear season.... it is just like promoters increasing the stake in the company.... fiis may exit in comfortable manner becuase of this support from govt institutions.... fiis must be saying thanks to govt for the arrangement of their smooth exit from the counter.......

Everything going bad in satyam at the moment.... many of theiramerican clients are in problem.... severe job cuts in the company sending poor signals to markets.... top executives selling the scrip is giving additional pressure on the counter....

Unless otherwise,the management shows some interest in the share price,there is little chance for investors to get profits in the counter....

Analysts expecting present weakness may be continued for some more time and projecting the down target to 170 levels in coming sessions.......

The stock of infosys may continue to be weak in the near term.... the results and its future guidance is poor....

The book value is said to be 236 at the moment and the growth is under pressure.... lot of uncertainity in the business model as the customers are mainly from US&Europe....

Infy continues to add payroll list even during this turmoil and prepared to maintain bigger bench and thus ignoring the shareholders` interest in this recession period....

There is a topline pressure and no guarantee of making huge profits in coming terms.... so,absolutely there may not be buying interest in the counter in coming days.... as fiis having much exposure to this stock,they may continue to sell this scrip on regular basis for their necessary needs and immediate redemption commitmets....

So,the scrip may fall to 890 in coming days if the weakness persists in the stock markets....



...

Customers see the liquidity,stock market participants concern about the profits.... there may be liquidity in the bank for its survival for few more months,or govt may help them out of way.... but investors worry is whether bank gives profits or not.... at this point,the management/rbi/fm not commented on their profits.... that is the reason for stock falling on daily basis.... the lquidity and profits are quite different terms....

Infy,one of the most respectable companies in inida has givien negative guidance for the coming quarter.... that cant be digested by the market.... if the sitution continues like this for some more time in the continents of US and Erope,the topline could be effected by nearly 30% which can give lot of preesures on the company`s business model....so,as far as infy is concerned worst has just begun.... pl note that there are no clear signs of reversal of recession in global economy soon....

Regarding markets behaviour,yes there may be a chance of some bounce as global leaders working hard towards the stabilisation of financial markets worldwide.... but continuous fii sellings,lack of domestic investors confidence,expected mutual funds redemption pressures etcetc may offset near term positives if any.... pl note that negative surprise is given by latest iip numbers.......

Yes,in bear markets, intelligent investors concentrate on dividend pay outs.... buying stocks which have huge dividend record is defintely better idea in this situation.... but stick to quality grwoth oriented business models.... there may be few corporates sell their shares and pay the dividends.... be careful in selecting counters on the basis of dividend criteria.......

Yes dear incrediblinvest,crashing commodity and fallen crude prices will help the rupee to recover from its all time lows.... but, present outflows by fiis causing the worry.... we have dollar outflows in this year sofar and analysts expecting there may not be positive flows in 2009 also.... ofcourse rupee is unnecesarily beaten down to much lower levels in recent days....

Yes,inflation in india will come down to single digit mark soon.......

Radhika,cash banks them selves are in failure mode in recent times.... who cares about land banks/people banks.... market laughing at us if we talk about land bank,in present situation....

For example i have bought the gulf oil corp on the basis of land bank value,now it is quoting at exactly 50% of my buy price.... ofcourse it is quoting near to 10% of its peak price.......

Dear marketman This poison seems to have spead way beyond we thought. This may lead the systemaic faliure of not the bank but also weak economic`s. It would be a bullish idea if it settles. Regards ...

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

There may be buying from lic/uti in this counter with the instructions of govt.... except these institutions,no body will be interested in the stock at preent price during this powerful bear season.... it is just like promoters increasing the stake in the company.... fiis may exit in comfortable manner becuase of this support from govt institutions.... fiis must be saying thanks to govt for the arrangement of their smooth exit from the counter.......

One more negative news on Satyam that some of its associates have been stealing data from World bank servers during the course of maintenance. Im not sure how much of this is true, but it may take this stock to the levels and much lower that what you mentioned....

Though there has been a BUY recommendation in today`s BL newspaper, I think, with this poor guidance, it should remain weak going forward. ...

It is really very sad. There has been no action from Promoters side so long....

Indian economy to perform well: IMF Washington, October 11: Dismissing fears of global financial contagion impacting India, the International Monetary Fund has said that the country`s economy will continue to perform well. "Overall, we see the Indian economy continuing to perform well," said Oliver Blanchard, Economic Counselor and Director of International Monetary Fund (IMF) Research Department here recently. Pointing out that there will be some impact of the tighter global liquidity conditions on India, he said, "We don`t see major drag from this impact on the country." According to the projections made by the World Economic Outlook (WEO) released recently by the IMF, India is likely to register a Gross Domestic Product (GDP) growth of 7.9 per cent in 2008-09, which may slip to 6.9 per cent in 2009-10. "We are projecting that the growth in India will come down from eight per cent in 2008 to seven per cent in 2009. But seven per cent is still a strong rate of growth," the IMF official said. A likely seven per cent growth rate at a time when the world economy is on a downhill path, would reflect India`s internal growth dynamics, he said. Giving reasons for relatively mild impact on India of the ongoing financial turmoil, Blanchard said, "India is still largely a closed economy, has strong internal growth dynamics, from rapid productive growth, from its process of integration into the global economy that is still continuing". India has registered a growth of nine per cent during 2007-08 and according to Prime Minister Manmohan Singh it is likely to register a growth of 7.5-8 per cent during the current financial year. ...