Rohit Mehta, head equities, Dimpi Investments said that yesterday the stock market caught stock specific trends only and closed after losing 16 points. There was no major action in the stock market. But, fertilizer sector did well.

He anticipates market to obtain clues from the international markets in Thursday’s trading session. For the next 10 days, worldwide markets would be directing Indian market motility. He is confident on Nagarjuna Fertilizer for the coming trading session.

Vishal Lakhani, senior dealer, Networth Stock Broking stated that yesterday, the market stayed unconditional, as no major buying was figured. There was no large volume, excepting the power sector companies including Reliance Energy, Tata Power and NTPC.

Rajesh Jain of Pranav Securities believes that it’s beneficial to hold Industrial Finance Corporation of India, IFCI at the moment. IFCI is a slow mover, but it has lots of potential to go up.

Jain told, "In the best of situation, if everything goes the right way then IFCI could give you almost a 50% gain from this point. If you look at the portfolio that IFCI has to offer to an investor at this point, there are NPs for which recoveries have started you could almost raise Rs 2,000-2,500 crore out of that. The hidden real estate value put anywhere between Rs 3,000-4,000 crore."

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.