Dear bubbu, It is not difficult for us to bring back the market without the help of FIIs. Fundamentals of Indian economy are sound. Agriculture is expected to do well. Govt has given enough money in the hands of farmers. Even if 50% of this money is utilized to improve farming, the country will achieve much higher agriculture growth. Govt, PROMOTERS and investors must act to overcome void created by the exit of FIIs. Firstly, the Govt must create stock market stabilization fund with a seed money of Rs. 10000 cr. The fund may be put at disposal of UTI, SBI and other M/Fs of repute. As the fundamentals of the economy are strong, the Govt is sure to make handsome profit on this fund in coming years besides stabilizing the market. Secondly, the Indian investor should show the real grit and confidence and start investing. There are some 15 million investors in the market - direct and via MF. If each investor just makes an investment of Rs 25000/, total investment will amount to Rs 37500 cr. Total investment of some Rs 50000 cr will have profound effect on the stock market recovery. Cascading effect will bring more money from investors and may be FII outflow will stop. Govt will not only recover money, but get much higher taxes the vibrant stock market and IT. Promoters will also make hand some profits and much more money for their future plans....

Market Stabilization Fund for the stock market was mooted in 2004 after bout of extreme volatility in May 2004. Also RBI has spoken about this idea at various times. However no policy decision has been taken. Stock market is an important institution for capital formation and channeling the saving of house hold and industry. It is therefore imperative that such savings are protected from the hazards of extreme speculation and resultant destruction of investor wealth. The money may be raised from the stock market by imposing some kind of surcharge or creation of investors fund. May I request members on this board for comments. ...

Large energy imports in terms of crude oil are causing huge disadvantage to India. We have unsustainable current account deficit and now when crude is crashing down, we are unable to take any advantage due to depreciating rupee. India must do every thing to ensure energy security by developing alternate sources of energy. CHINA HAS MADE GREAT STRIDES IN PRODUCTION OF ENERGY FROM WIND, SOLAR AND BIOFUELS . Wind energy has grown at CAGR OF50%. Presently China produces some 1000 MW & it plans to produce some 51000MW from wind by 2012. similarly it has great plans for solar & biofuels. India has been endowed with great wind, solar and biofuel potential. Prime Minister has already spelled out alternate energy development plans. Nuclear energy will take longer time, therefore it is imperative that we go full throttle to develop wind, solar & biofuels. Indian investors finds alternate energy an exiting field and is ready to invest. Govt and industry must GET GOING TO PROVIDE ENERGY SECURITY TO THE COUNTRY AND MAKE HUGE PROFITS. WE MUST REDUCE OUR CRUDE IMPORTS TO MINIMUM....

Dear mukut, High dividend yield, low or no debt stocks with management of repute can be accumulated if one is in cash. Also look out for the stocks which have very high FII holding. These are likely to be available at cheap valuation due to panic selling by FIIs....

Global meltdown of great proportion is underway. FIIs will continue to sell. They have made investment of some $ 110 billion and are sure to take out a very large part of it. It is imperative that we save our home turf. We must do every thing to reduce current account deficit, otherwise we may land up in situation of huge disadvantage. We must restrict imports of energy, steel and any item which is produced within country. Crude is coming down but with depreciating rupee we are unable to gain. In fact we are importing inflation. We HAVE TO BALANCE CURRENT ACCOUNT DEFICIT ON WAR FOOTING. ...

Global meltdown of great proportion is underway. There is urgent need to cooperate at global level along with saving our home turf. We must protect our industry by restricting imports of items like steel and energy. If India has to remain winner than we must act fast and most important is correct our current account deficit(CAD). In coming days some countries may approach bankruptcy but many will remain winners. I remain confident of India and its leadership....

We made good progress in past few years. Now global melt down - for no fault of ours is overtaking us.We all have lost. There is not much to write about markets, stocks and positive things. Let all of us get into self destructive phase, fight with each other, there are many issues of religion, region, caste and historical grievances awaiting redressal and injustice heaped on us. Many great issues like whose God is better, which language etc remain unresolved. Fifty percent of our districts are as it is suffer from violence. WE ON THIS BOARD CAN NOT GET PHYSICAL, THEREFORE FIGHT WITH VENOMOUS WRITING - BURN OURSELVES - in new rebirth a rejuvenated nation will emerge from ashes like mythical African bird!!!...

Dear Tally and bull2008 I have nothing against the FII`s. They played and play their game their way and we should be doing it our way. Herd mentality is the worst virtue we have. Tally as u rightly mentioned the confidence which I spoke about in my post, Yes we need loads and loads of confidence. We lack in this aspect very badly. And another thing we tend to back off when we reach a mental road block. This is why we always never make a decision in the first instance. We always think ten times to make a decision by then its too late, the opportunity has passed over you. Except for the PM we dont have any politicians who have the guts to act on a brilliant but tough decision. This is why we always lag behind. Time is of essence always remember. Regards bubbu64 ...

Global meltdown of great proportion is underway. There is urgent need to cooperate at global level along with saving our home turf. We must protect our industry by restricting imports of items like steel and energy. If India has to remain winner than we must act fast and most important is correct our current account deficit(CAD). In coming days some countries may approach bankruptcy but many will remain winners. I remain confident of India and its leadership....

Yes tally, IGL comes out be winner among all high flying stocks. i prefer good fundamental stocks which has recuring income. My favourite space is PSU banks and among them Indian Bank most favourite. Indian Bank closed in green while market crahsed 900pt....

10,000 children remain hospitalized for consuming chemically (melamine)Contaminated milk. Many children remain critically ill. It is hopped that Indian health officials are taking strict action to ensure that banned milk products are not sold in India. Public must also ensure that imported milk products which are available freely are not purchased or consumed....

Correction, Pl read global meltdown...

DO NOT BUY IMPORTED CHINESE FOOD PRODUCTS LIKE CHEESE, CHOCOLATES AND CONFECTIONERY ITEMS WHICH MAY BE FREELY AVAILABLE IN MALLS/SUPERMARKETS/RETAIL STORES. Even milk products made by multinationals may also be based on Chinese milk products and imported in India via gray market route. Citizens must take active steps to safeguard their health. Do not depend only on Govt for action when your/family health is at stake....

for tally Profit is yours if you take it. Book the profit in scrips in which you are in money and buy back same scrips in violent correction. If RBI eased CRR, it is good thing. They should reduce rates rather than reducing CRR - reducing CRR does not enlarge credit, as most banks in India are anticipating tight money conditions ahead in inter bank market. You should remain long on Gas stocks like Indraprashtha Gas, GAIL, GSPL, Petronet, and State Owned Refineries, Buy LIC HSG FINANCE when it corrects more in violent crash. When there are no bids for such counters, is the time to buy them at 20% lower circuits I am not bullish for RIL - as I had mentioned before, this stock is hyped up and its real value should not be above Rs 900. It has long way to go down - but do not listen to me. Others were telling me that it will never go down and see it is collapsing. Not because of fundamentals, but the shares of RIL must have been pledged by the promoters for their various projects. If the share value go down, they will get margin calls and if they can not meet thousands of crores of margin calls, their shares will be simply sold off in the market. That will cause the market to fall also because of their index weighting Kalidas, Hong Kong 6-10-2008...