Rahul Mohindar of Viratechindia has suggested a support level for Infosys Technologies at Rs 1850.

Mohindar stated, “If one looks at the last five months data of Satyam, it more looks like a move from Rs 450 to more than Rs 500 levels. It has really been working itself within these levels, so we have not been very bullish. I think the investorsstocks like Satyam and I still think that there is still some pain in that stock. So there is possibly a visible downside of another 10% but I do not see too much more than that."

Mumbai: Today, the Indian stock markets opened on a bleak note at 14,674.92, and continued to trade imp

The market unfolded as anticipated and climbed up and detecting resistance in our resistance zone and caving in.

The stock markets internationally have been falling on worries that the sub-prime problem is dispersing to other sections and areas, and India seems to have jumped onto that trend. Here are some stocks that investors can buy in this descending market.

Anil Manghnani is confident on Kotak Mahindra Bank, Cummins, IFCI, Axis Bank, and Reliance Capital from among the Nifty Junior.

From the Nifty, Mr. Manghnani wishes all the capital goods stocks including ABB, L&T, and Bhel. He also likes HDFC, HDFC Bank, Bharti, Reliance Industries, Zee, Tata Steel, and Sail.

Viratechindia’s Rahul Mohindar has suggested investors to invest in four wheeler auto stocks for long-term.

In a fight to put control over trading action, bears took over from bulls on Thursday. Growth of existing bearish response on Friday is likely to append their stocks in their support. In contrast, optimistic sentiment on Friday is expected to modify the existing reaction.

The leading tradable stocks on NSE Nifty suffer a slight reshuffle in its succession and factors. RIL recovered the top slot and pushes Infosys to the fourth place. ICICI Bank climbed one position to second and BHEL registered its name on the third place. SBI and RCom exchanged their locations.