The stock market is going through a phase of uncertainty. It is possible that market will go down by 7 to 8% by early next month. In any case it is better to watch out during the first half of November.

 Stocks to watch:

 Reliance

 State Bank of India

 Tata Steel

 Orissa Minerals

 Deccan Gold Mine

 IOC, HPC, BPC

IPO:

 Coal India is expected to open below par.

Bedmutha is going through a correction.