Citi Mkt cap down to $25 Bn!! US govt had put $ 25 Bn just a few days ago. CDS spreads on CITI is over the roof. They have started firing in India which is one of the most profitable international market for them inspite of growing roughly 50% y-o-y. It has never happened in CITI India's history. The serious implication of this may be there may be another round of selling (from there own account as well as from redemptions from panic driven investors in citi managed funds)

COMPANY	NO OF SHARES	% OF THE	CLOSE PRICE	WORTH
		TOTAL SHARES	Rs.	Rs. (Lakhs)
TANLA	8,745,271	8.75	65.95	5,768
RAINCOM	6,021,612	8.36	99.6	5,998
KINETICMOT	1,500,000	7.12	8.05	121
KNL	22,750,000	6.87	7.95	1,809
TATACOFFEE	1,097,850	5.88	166.4	1,827
EDUCOMP	947,781	5.48	1,746.45	16,553
JUBILANT	6,666,820	4.52	155.45	10,364
EMKAY	972,450	4.01	30.05	292
SRTRANSFIN	7,811,986	3.84	195.95	15,308
HTMEDIA	8,630,000	3.68	61.7	5,325
GENUSPOWER	507,944	3.43	78.5	399
EIDPARRY	2,974,308	3.33	144.5	4,298
HDFC	7,477,620	2.63	1,287.10	96,244
USHAMART	6,181,466	2.47	21.9	1,354
AHMEDFORGE	858,548	2.46	21.75	187
AUROPHARMA	1,222,007	2.27	117.75	1,439
PSL	916,336	2.15	87.7	804
ENIL	976,108	2.05	109.7	1,071
KAMATHOTEL	248,674	1.88	43.2	107
PHOENIXLTD	2,712,382	1.87	57.85	1,569
RAJESHEXPO	4,265,582	1.7	21.9	934
CMC	253,701	1.67	301.25	764
LUPIN	1,377,604	1.67	535.2	7,373
SUZLON	25,000,000	1.67	45.85	11,463
RAYMOND	992,661	1.62	79.85	793
IBSEC	3,985,005	1.57	18.9	753
IBN18	2,000,000	1.44	101.15	2,023
IFCI	10,559,143	1.38	16.85	1,779
BAJAJHIND	1,845,749	1.31	42.9	792
IOB	6,921,881	1.27	63.25	4,378
SATYAMCOMP	8,203,186	1.22	233.85	19,183
APTECHT	557,539	1.2	72.45	404
DHANUS	212,090	1.18	31.4	67
SUBEX	405,682	1.16	32.7	133
ANANTRAJ	3,354,000	1.14	43.75	1,467
LUPIN	933,084	1.13	535.2	4,994
ALLCARGO	251,585	1.12	519.6	1,307
LAKSHMIEFL	702,515	1.11	145.85	1,025
IGL	1,475,955	1.05	106.1	1,566

this is just a small list which i compiled. The ownership is as of Sep-08 and prices are as of yesterday

All hell would break lose for these stocks if Citi presses sales button. waiting to lap up quite a few though

Citi up for sale? Or will Pandit's head be on the chopper?

As Citigroup officials continue to weigh their options, Chief Executive Vikrum Pandit said he would like to keep the company together and does not wish to spin off its Smith Barney brokerage unit. With Citigroup shares plunging below $5 a share on Thursday for the first time in 13 years, pressure is mounting, and could ultimately result in Pandit stepping down because of the lack of confidence in his ability to lead the firm through these troubled times. Shares sank further Friday.

Edited by Hitesh Shah - 21/Nov/2008 at 9:16pm