ICICI bank a bad stock

ICICI bank stock really sucks

Invest at market bottom

Hi guys the market touched a bottom of 10,527 in October 2008. Hold on for another six months and let the stock market bottom to 9,000. Thereafter purchase energy and infrastructure stocks like ONGC, L&T, Punj lloyd, etc....

Purchase stocks after 3-4 months

• Hi guys its a nice time to purchase stocks. Most of the stocks have become 1/3rd the price from the high in Jan 2008. The market is expected to bottom to 8,000 in the coming few months.
• Thus maintain a pause on the pockets before investing. Continue your SIP's as you will gain. You can calculate the gain if you have invested in the falling market.
• However, if you have inested in a bullish market and your portfolio has become 1/3rd. Don't fret wait till 6-9 months till the market recovers.
• So all those cash rich people go ahead "purchase" is the key word.....

Stocks falling

Hi the stock market has lost around 1000 pts over the week. The petrol price hike did reduce the burden on OMC's but inflation worries gripped the market causing a loss of nearly 447 pts on wednesday. Thus the market seems to be on a downward trend and i think it will fall below 14500 in the coming days. So investors wait and watch don't be eager to purchase.

The steep Fall

The Indian stock markets have fallen drastically over the past two weeks. As we have seen the markets fell almost 15oo points the heaviest falls seen in our history. The reasons for the same are 1) the US sub prime mortgage crisis 2) The new IPO's i.e Reliance Power, Future Capital, etc. leading to liquidity (liquidity crunch) crisis 3) The budget decision phase to begin. 4) Steep Market Correction.
Its seen that the Indian Market was overvalued & needed correction but the new IPO's induced a very steep correction that the market stock brokers had not anticipated leading to huge margin calls overdue by Trading members. Thus a number of trading members were suspended on account of insufficient balance.