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marketman  
Joined on : 4th-Jan-2004
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Investor from India.... wanting to learn and earn more from stock market....


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KV kamat says that icici among soundest banks globally.... but it will be good to here if customers/market people/investors/analysts say some thing like that about the bank....

Pl note that there is no evidence in the past that chiefs of any organisations talk negatively on their own company.... for example,see pc has been teling and assuring the investors since 20000 sensex levels in indian stock market,what happened,investors lost more than 90%in many scrps.... and also observe that pc never tells `take profit` and always says `stay invested` even though there are continueous blood baths on street.... why,because he is fm of the country and thinks that he is the boss of stock market.... so, he never tells bad about indian stock market as long as he exists as fm....

So,not necessary to give much importance to views/speeches of these chiefs.......
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In recent times,it has been observing that on every day basis,pc is appearing on business channels for talking some thing on economy/banks/stock markets....

Icici people also joined the race and appearing on business channels regularly to tell about their strongness/soundness.... the bank has been in the news for some time for due rumours/whispers created by market people.... almost all the channels airing this news in recent days to give irritation to the viewers.... whenever we swith on business channels/regional channels,the main topic is icici,in recent days.... pl note that they are already informing the same matter through cell phones and news papers etc etc....

So,it is better for icici and pc to start their own business tv channels to air their views/announcements regularly as rumours/negative views on bank will not stop immediately and economic problems may not be solved in global markets at one step.......
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13 Oct 2008 12:39
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There are many scrips like this included in f&o.... no body tells on what basis they have included in derrivatives.... govt should put special committe on such things which should punish sebi/exchanges if there are any intetional vested interests.......
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13 Oct 2008 12:33
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Regulators should answer about such volatalities/crashes in short span of time.... instead of barking on media about the strongness of the regulations,the sebi people should look into such matters to protect investors wealth.... 80% loss in one and half day tells the magnitude of hollownes of stock markets.......
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13 Oct 2008 12:26
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The management was telling on tv that he company is facing liquidity problem,so many of their undergoing projects may be delayed which can give pressures on its bottom line in coming quarters.... analysts expecting resistance level at around 1000 for the near term.......
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13 Oct 2008 12:23
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Though the long term business is on growth path,the scrip may not attract buyers at these prices during this bearish season.... if the scrip falls to tripple digit mark,it could be right oppurtunity for the long term investors to look in.... the reduced expenditure on capital goods by corporates is negative for this counter.... the recent iip numbers too keep pressure on this counter.......
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13 Oct 2008 12:19
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The scrip is still on weak mode and possibility of falling further in coming sessions.... fiis maybe utilising these rises to exit from the counter in comfortable manner.......
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