I think we are running a marathon and money has to be generated by fund houses ...so i dont think there is  another May happening for sure...so pick your stocks and pump in money for the next 5 years...and ofcourse we are not goign to Use this money for anythign else...but I bet it is an individual call...but i think this will be a great opportunity to buy if it dips..for sure......So rise to challenge and Take your gaurd on good companies...

I think a reverse merger would be great news and should send the stock prices up by at least 20% in the immediate term HDFC  holds about 22% in HDFC Bank   which gets only dividend and earnings are not consolidated since it does not make up 51% this would be cancelled hence reducing the balancesheet size and the return ratios. ALso synergies would be worked out in terms of employee costs etc. But will they do it? SInce HDFC  took over the management of Gruh Finance it did not go in for a reverse merger with it so thinking about HDFC Bank  is a little tough at this point in time.

Edited by basant - 08/Jan/2007 at 7:12am

An interesting Report here

BSE's website says it's Allotment pursuant to exercise of options vested under ESOS-05

 

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