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Messages From hp8989
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12 Oct 2008 09:39
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The present carnage in the market is mainly due to Sub-prime collapse connected with the real asset values collapse in US and UK. This may shortly spread over to India.Realty stocks valuations in India look attractive, but the future is very gloomy, may be perhaps most of the companies undergo huge losses due to demand crunch. That is why FIIs are selling these shares at any prices....
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