ET Now: Technically speaking, how would you read the charts of these counters, especially the ones, which have got battered the most, the GTL and GTL Infra? 
Ashwani Gujral: Even in a good market, I would not look at these stocks but right now you just have to wait for them to complete their falls. Maybe GTL has to go down to levels of 145, stay there for sometime and get rid of all this pent-up selling. I remember in May of 2006, there was this news that FII investment from Mauritius was going to be taxed and the market fell 10%, so this is a fairly routine kind of rumour that keeps happening. GTL Infra again, it can go down much further, probably to levels of 14-15 possible but you would not look at such stocks because once they are falling without gravity, it is very difficult to quote any support level.
Ashwani Gujral: Even in a good market, I would not look at these stocks but right now you just have to wait for them to complete their falls. Maybe GTL has to go down to levels of 145, stay there for sometime and get rid of all this pent-up selling. I remember in May of 2006, there was this news that FII investment from Mauritius was going to be taxed and the market fell 10%, so this is a fairly routine kind of rumour that keeps happening. GTL Infra again, it can go down much further, probably to levels of 14-15 possible but you would not look at such stocks because once they are falling without gravity, it is very difficult to quote any support level.