Date: January 22, 2008

 

Dear Investors,

GREAT FALL IN STOCK MARKET

Markets have witnessed a heavy fall yesterday and today due to US market recession and margin call pressure from domestic investors. Yesterday the biggest ever single day absolute pinpoint fall witnessed for Sensex, Nifty, and CNX Midcap. Sensex ends down 1400 points yesterday and today it ends down 875 points, recovered almost 1300 points from days low.

One of the biggest ever correction in the history of Indian stock market. Its blood bath on the Dalal Street. Its pain in all the markets over the world. All the blue chip stocks have fallen like house of card in hurricane. These stocks were on the high just 15 days back.

We are enclosing list of blue chip stocks, price comparison table. This is for your information.

FOLLOWING IS THE LIST OF BLUE CHIP STOCKS THAT HAS CORRECTED AROUND 20 TO 40 PERCENT. HENCE WE RECOMMEND YOU TO BUY THESE STOCKS AT CURRENT MARKET PRICE.

Sr. No	Name of the Company	CMP	2 Weeks back	% Chg	52 Weeks low	52 Weeks high
1	Reliance Energy Ltd.	1800	2615	31	476	2631
2	Reliance Industries Ltd.	2388	3015	20	1300	3252
3	Reliance Capital Ltd.	1820	2780	34	611	2925
4	Reliance Comm. Ltd.	590	805	26	394	844
5	Reliance Petroleum Ltd.	148	255	41	63	292
6	Tata Power Ltd.	1083	1615	32	483	1641
7	Tata Motors Ltd.	654	791	17	535	974
8	Tata Steel Ltd.	671	935	28	353	969
9	Suzlon Energy Ltd.	345	439	21	187	460
10	Neyveli lignite Ltd.	164	260	36	49	274
11	ONGC Ltd.	962	1312	26	813	1386
12	Bajaj Auto Ltd.	2060	2588	20	1800	3171
13	DLF Ltd.	867	1179	26	505	1225
14	Gujarat NRE Coke Ltd.	104	139	25	29	256
15	ITC Ltd.	183	236	22	140	239
16	TCS Ltd	799	990	19	730	1399
17	Infosys Ltd	1377	1651	16	1212	2439
18	HDFC Bank Ltd.	1440	3130	53	1454	3257
19	Cairn India Ltd	185	265	30	111	268
20	SAIL	193	274	29	86	292
21	GAIL	408	527	22	263	555
22	NTPC Ltd.	197	271	27	140	291
23	Adlabs Films Ltd.	917	1785	48	402	1945
24	Edelweiss Capital Ltd	858	1735	50	620	1795
25	India Infoline Ltd.	1297	1896	31	280	1974
26	Indiabulls Fin. Serv. Ltd.	651	880	26	256	1028

Thanks and Regards,

PMS Department