Investors go value picking in volatile times

Is it a good time to start looking for bargains? Indian equities managed to narrow down their losses towards close of Monday’s session, even as the spectre of the subprime loan crisis in the US continues to loom over global equity markets.
Among the prominent losers, Akruti Nirman, HDIL, DLF and Indiabulls Real Estate were down between 3-5%. Among frontline stocks, ITC and State Bank of India were the star performers of the day, rising 1.8% and 2.8%, respectively