Rahul Agarwal, VP, Institutional Sales, LKP Shares, said that today stock market was performing steadily because of the absence of aggressive selling. Volumes remained on the lower side as less of institutional buying was seen today. There was broad-based buying across all the sectors, though IT sector under-performed markets. He expects volatility with a negative bias to be seen in the Tuesday`s trading session.

Bhupendra Sharma, vice president, Hornic Investments stated that today market traded decisively all through the day, as it ended the day 149 points. It was mainly because of good worldwide cues. No major buying took place today. There was careful buying and the majority of the small cap companies did well today.

Ambareesh Baliga of Karvy Stock Broking believes that Infosys Technologies can definitely touch Rs 2200-2400 in the coming 6-9 months.

He suggested investors to hold the stock for long term, and when it reaches or crosses this expected level, they can make their profits from this evergreen stock.

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."

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.

It was a feeble day for the stock markets followed by instability and indecision due to sub prime mortgage concerns.

Sensex lost 207.83 points at 15100.15, while the Nifty ended 58.90 points down at 4403.20.

Rahul Mohindar of Viratechindia.com is optimistic on IDBI

The Industrial Development Bank of India Limited (IDBI) is one of India's top public sector banks. It was founded in 1964 by an Act of Parliament as a wholly owned subsidiary of the RBI to offer credit and other facilities for the growth of the fledgling Indian business.