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What Will You Do In Falling Market?

posted March 3, 2007 - 12:37pm
What Will You Do In Falling Market?

Indian stock market has lost about 750 points in the previous week and it appears that the market will fall further in next week. Whatever happens to the Sensex, I recommend that it will be a wise step if you buy TISCO in falling market as it appears that the next bull run may be induced by TISCO. It is a good buy at about 440 and one should not panic if it falls further with the market. Its long term price target is 600 plus.

Read more about stocks
[http://manojsir.blogspot.com]

Author: avianheart
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Comments

Yes BSNL...

avianheart - Wed, 2007-7-3 10:12 am
...but it is fully a Government organisation which provides telephone services allover India. Recently its services have improved a lot but Indian Government is unlikely to make it a public limited company. Tata had won Corus bid and it has been approved today only by the shareholders of Corus. [http://manojsir.blogspot.com]

Thanks....

Idlewild - Mon, 2007-5-3 1:02 pm
Yes, I heard of Tata, they just won that big bidding war recently. VSNL is the company I was thinking of, thanks. And there's another one I've heard of, BSNL or something like that.

TISCO is...

avianheart - Sun, 2007-4-3 9:48 am
...a 100-year old Steel-Giant of India and is presently known as Tata Steel. Tatas are perhaps the best managed group in india. VSDL ? Maybe you are referring to VSNL. Once the present reactive phase is over, the market will zoom past 15000 (SENSEX) very rapidly. AT present the SENSEX is about 12850.

What's TISCO?

Idlewild - Sat, 2007-3-3 10:20 pm
What kind of company is this? I've been hearing murmurs for several months that maybe the Indian economy was getting overheated (and maybe the stock market too). What do you think? I had also heard some people mentioning Indian telecoms as stocks to consider, including VSDL.

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