Thank you sir,
regards
...

Reliance trading at 1645...

Nomura Holdings, Japan\`s largest broker, said on Monday it would buy the Indian back-office units of collapsed U.S investment bank Lehman Brothers for an undisclosed sum -

R M India -...

Shares of exporters, after a hectic weekend in Europe as the financial crisis gathered steam there, knocking the euro to the lowest in a year.

The BSE Mid-Cap index was down 6.47% at 4,375.04. Monnet Ispat (down 29.54% at Rs 298.35), S.Kumars Nationwide (down 25.90% at Rs 28.75), Spice Communications (down 21.45% at Rs 52), ICSA India (down 20.30% at Rs 174), and Great Offshore (down 16.45% at Rs 399), plunged.

The Small-Cap index was down 6.10% at Rs 5,132.22. Deep Industries (down 20% at Rs 69.70), XL Telecom & Energy (down 20% at Rs 102.35), Vakrangee Softwares (down 19.15% at Rs 107.85), Prajay Engineers Syndicate (down 17.41% at Rs 27.75), and Seamec (down 17.09% at Rs 77.85), slumped.

The BSE Mid-Cap index had underperformed the market over the past one month till 3 October 2008, falling 19.86% compared to the Sensex\`s 16.77% fall. It had also underperformed the market in the past one quarter, falling 9.38% compared to Sensex\`s 4.34% decline.

The BSE Small-Cap index had underperformed the market over the past one month till 3 October 2008, falling 21.73% compared to the Sensex\`s 16.77% fall. It had also underperformed the market in the past one quarter, falling 13.92% compared to Sensex\`s 4.34% decline.



-CM courtesy -
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Sensex Down 6 Pct At 11775 As Global Financial Scenario Continues To Be Worrie some...

Sir,
More new low level on the way.
...

Era Infra Engineering, integrated infrastructure development company, has bagged orders worth Rs 785 for the quarter ended September 2008. The bagging of new projects like these have increased the current order book of the company, on a consolidated basis, to about Rs 6000 crores.-bs...

Forget about the railway`s biz the company is not all faring well in the technical and implementation front. There are a lot of problems that the company is facing coz of which a world famous expert on wind turbines who was the CEO of Suzlon left it!! I had predicted a price of 130 but it has even surpassed that and touched 125. Now brace yourselves for another free fall and the price tanking to near 100 levels. All those holding the stock may decide to get out on declines or have the misfortune of holding the stock for another 3 years at least to retrieve their lost money. Better later than never!! Choice is yours! Cheers!!...

:) ok, no problem, let markets go down.... But dont address me as SIR, please..... :) :) :) :) :) Regards...

Zoombusiness, Could you please SMS ur mail ID or phone number to 09331055946. One of these days I would be looking out for someone to manage my portfolio...

And thats one helluva shocking news..lol...

Instead they should cut production like the European Steel makers. Arcelor Mittal announced production cuts today. The way the price is hammered down, it looks like a helpless victim against a mob....

Reliance was not the only stock which tanked due to world market conditions.All stocks were beaten as Europians were trading more than 5% lower.Hope some recovery to take place tomorrow as SEBI has lifted ban on PN notes.............

Zoombusiness, Can you name five good penny stocks below Rs 10 for me please. Thanks...