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Morgan Stanley announced the launch of its private wealth management business in India, on September 16, 2008, to offer wealthy individuals and families access to world-class investment products and services....

Jyotivardhan Jaipuria, Head of Research, DSP Merrill Lynch feels that the global events and earnings season are the key triggers in the near-term. Commenting on RBI’s move on CRR cut he said that it is partly influenced by a spate of global monetary loosening....

It was an extremely volatile outing for the markets. Sajiv Dhawan, JV Capital Services feels that we are in a very unique situation. “Based on valuations and the current economy, I would stick my neck out and say I would buy the index."...

Vedant Hotels Ltd has informed BSE that the members of the Company, by way of postal ballot, have passed the special resolution relating to shifting of the registered office of the Company from Aurangabad to Pune within the State of Maharashtra....

Yogi Sung Won India Ltd has informed BSE that the Company has received approvals of shareholders by way of Postal Ballot in terms of Section 192A of the Companies Act, 1956 for the following:

1. Alteration of Main Objects in the Memorandum of Association of the Company: The new Main Objects include Infrastructure related business in the Memorandum of Association and have been passed by Shareholders.

2. Change of name of the Company: Based on the availability of name made by Registrar of Companies, Ahmedabad to change the name of the Company from Yogi Sungwon (India) Ltd to Yogi Infra Projects Ltd, the resolution was proposed to Shareholders through Postal Ballot which has been passed.

3. Consequential alterations in the Memorandum and Articles of Association of the Company: The Shareholders have approved to make consequential alterations as per the approval received from the Central Government (Registrar of Companies)....

ICICI Securities Limited has informed the Exchange regarding the Daily Report of Buyback of HEG Limited equity shares, the details of which are as follows: (a) Name of the Broker: ICICI Securities Ltd; (b) Date of buyback: October 07, 2008; (c) No. of equity shares bought back on BSE: Nil; (d) No. of equity shares bought back on NSE: Nil; (e) Total no. of equity shares bought back: Nil; (f) Average Price of Acquisition (Rs.): Nil; (g) Cumulative Equity Shares bought as on October 06, 2008: Nil; (h) Quantity Closed Out on October 07, 2008 - Nil; (i) Quantity Closed out as on October 06, 2008 - Nil; (j) Total Quantity Closed Out - Nil; (k) Total Equity Shares bought back as on October 07, 2008: Nil....

Could not see the text message..waiting for MMB Messenger views, Training8m, Australia...

hi mmbmesanger kindly try to provide somemore other information on shivani? why only bse-nse annoucemnts on all stoks? regards...

Technical analyst C.J.Mathews Sankarathil,MBA told the media that the fall of market will end by October last.He added that the fall will be limited to 11000 levels.He denied the arguments of falling markets to 10000 levels. He is positive on Indian Market and see an uptrend from November 2008.... Report it Rate Reply ...

This kind of volatility comes generally near the bottoming out process ! is it a start of bottoming the market ?...

If one could find sense to buy at 21000 level why not at 11500 level or lower? I would go for investing now in selective scripts like SBI, BHEL, ABAN, GLENMARK, ITC and the likes on every day the market sees a fall. And wait for the market to reach 21000 level again....

Bear markets can be classified in two terms broadly one is time based correction (sustains more than 18 months) and the other one is value based correction (slips nearly 50% from its peak). We are almost reached the value based correction at this point of time but we are just 9 months old that’s key point we should have to consider. Of course we can get some cues from the history but I will not rely on them for to evaluate as ideal examples because we should evaluate the current conditions (like micro and macros) then only we can come to the right decision. So, our micro and macro picture is not good. Still we are trading at high price multiples when compared to the global emerging markets, We are facing the so many problems right now like 1. Global financial crisis 2. Huge liquidity crunch globally 3. Huge unwinding by FIIs, selling on every opportunity. 4. We are at higher inflation levels 5. We are at higher interest rate regime 6. Recent cuts in GDP growth rates 7. Poor IIP numbers 8. Margins shrinking in Q1FY09 and will slip further in Q2 9. Still our nifty trading at 18 PE 10. We are in an election year 11. Huge current fiscal deficit due to various subsidies 12. DIIs (MFs) are net sellers in the recent month In my view, it is more than a BEAR MARKET it is the CRISIS. So, we can’t compare it with the bear markets of the past we have to compare it with the Previous CRISES. So and so many, all will indicate us that ‘we are not out of wounds’ and ‘worst is behind us’. BE CAUTIOUS. With thanks Be and make ...

about what......, did they have coffee in the meeting with SAMOSA and snacks.., ...