Thursday, February 7

Emaar MGF Land Ltd - IPO Extended till 11 Feb

Emaar MGF has extended IPO offer until 11 Feb 2008 and reduced its lower band price (second correction in price) reflecting the bearish market. Price band is changed from 540-630 to 530-630. This indicates the mood of investors. Other IPOs may follow suit.

Shareshaw Sutra: Analyze and apply.

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