To , all SBI employees, Dear friends , most of us have sbscribed to
the right issue of SBI shares @1590Rs per share,in the month of march -april
2008 .since then, the price has gone down to Rs 950 as of to day. This is
purly speculative activity as no body could have purchased these stocks
the news about SBIs new 50,000 Rs deposit plan,seems to be true,but why
doesnt any body, buy SBI shares which are very attractive and will provide
good returns .At present this stock is being hedged and short
sold,presumebly to support some big but fallable names in the market.In this
period of slo