I have 1000 shares of ICICI Bank @ 592. i know that icici bank will show 600 but it will take a long time, maybe a year or 6 months. my investments is already reduced to 360k. i persume the market will dip further. what if i sell my icici shares at around 350 and invest in larsen and tourbo say 400shares for the same amount at around 900/share.what are my chances of recovering back the 6 lacs rupees i have invested in the market in short term say about 3 months time. give me genuine answers and no rumors please. I making it clear that i have not lost faith in icici bank.pls suggest.

I have 1000 shares of ICICI Bank @ 592.

i know that icici bank will show 600 but it will take a long time, maybe a year or 6 months.
my investments is already reduced to 360k.

i persume the market will dip further. what if i sell my icici shares at around 350 and invest in larsen and tourbo say 400shares for the same amount at around 900/share.what are my chances of recovering back the 6 lacs rupees i have invested in the market in short term say about 3 months time.

give me genuine answers and no rumors please. I making it clear that i have not lost faith in icici bank.pls suggest.

About: Company: ICICI Bank Ltd.

Asked by Brian DSouza, 10 Oct '08 11:15 pm

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Good decision . ICICI now can not recover & chances of bank closing is more . LNT 50% SBI 25% ONGC 25 % will be more safer at current level..........

Answered by makrand, 11 Oct '08 02:36 pm

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