The Government should tighten norms for the real estate sector to protect the interests of the investors....

GVK Power is trading close to a 52-week low of Rs 17.50. The stock is down 52% in a month. The company is hit by delay in gas production. The commercial production of power will commence from Q4 once RIL starts selling gas.
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Technical Analyst, E Mathew is of the view that Gujarat NRE Coke has resistance around Rs 77-80....

Prabhudas Lilladher has come out with its earning estimates on construction sector for the quarter ended September 2008. According to the research firm, Larsen & Toubro's September quarter revenue is expected to go up 27.3% at Rs 70,991 million (Rs 7099.1 crore)....

Keynote Capitals Research has maintained its buy rating on Pyramid Saimira Theatre....

There is a global meltdown and it’s a terribly gloomy picture all across. Asian markets slumped on Wall Street cues. Crude has fallen below USD 86 pre barrel and is now trading at USD 82.15 per barrel on demand concerns. Gold prices plunged on demand concerns....

At 11:37 am, Tech Mahindra was quoting at Rs 721.20, down Rs 38.55, or 5.07%. BT may sell it’s 31% stake in Tech Mahindra to TCS, reports The Economic Times. It was trading with volumes of 14,212 shares. On Friday the share closed down 2.42% or Rs 18.85 at Rs 759.75....

Market will now good for investment even though some downtrend expected in near term. Medium and Long term investors may enter in the market by picking actively traded scrip at CMP for super gains for next Deepaavali. Greetings for depavali for one and all....

To me it looks like that in the early trade it will open with a minus of 300 -400 points and Sensex may hit a low of 10,100 level and recover in the last hour of trading, subject to closing in China and trading in Europe. As of now there is nothing concrete globally to arrest falls other than lot of big words of G7 and bail outs. There is no any confidence until now. China is going to correct to 13,000 which means an Indian low of 9,000 for sure. Beyond that 5-6 thousands and may be BSE/NSE can be closed for trading until global situation improves....

The confirmation of a fullblown Bear market always comes with unfolding of Scams built on the Bull(shit) gas baloon, which leads to panic and gloom. This time around thank George Bush that all the Iraqi Oil did not help keep this gas down. Confidence is only the tip of the iceberg of calamity. Now the enterprising retirees and Jobless educated middle aged investors will be staring at the erosion of life time savings , thinning away. Great Politicians and bureaucrats will proclaim that the these `investors constitute miniscule percent of 1 % . When the old crop withers away, new crop will come when a new spring arrives. But the Politician and bureaucrats will continue to ride on the sheep of investors. Never mind the Bulls and Bears dont taste the sheep. The old investors is dead and gone with thi slump. Dont think the wise man who saved hios money in FD is happy. he is now worried , thanks to promises of high and mighty, his money is safe. insha alla! One who buys Gold now will regret by February snce the raise of Gold over Oil only for making it difficult for festive Season buyers will also slump with the comclusion of the Festivities. REAL Estate is now Real. But who buys when the job is not there? So it is now Bear markety Diwali Moorat time. Let us still buy where the confidence is , however little money that is left after food. Get back to debt free , conservative companies. If Amabanis take Rs 50 cr plus as annual salaries and dont deliver promises, there is still people like Mehra of Savita Chemicals or Parekh of Pidilite or Ashwin Choksi of asian Paints, who deliver all the time better ethicak resulst. IF ICICI merrily paid out very high pay out to Top manangement, there is still Kuppusami of KVB who takes little but generous tp shareholders and emoployees. There is of course, Anant Talaulicar of cummins who doesnt draw salary fropm Cummins but performs with social conscience. Not to be left behind Infosys is still a trust of public like Tata group, even if buried in desert sands now. So watch out investors who still have some thing to invest. ...

Does he mean that this share can reach that resistance level in near term....

markets will go to 25000 lelel in the coming one year....

Yes most of investors confidence in equity market is shattered....

Tech Mahindra rate was 396/- ....