Impact of Nano

Now finally most awaited product of TATA i.e "NANO" CAR hasbeen launched in India.It was normally asked to me that what's the impact of Nano in India.
Last year,It was the hot topic for discussion.Now it hasbeen launched then again it is back.Here i would like to discuss only benifits.
The first benifit is safety.It will provide more safety than a 2 wheeler.The family of four person struggling for space in dangerously wobbling two wheeler.Now Nano will provide a good option.
Second,people have option for buying a small used car to reap the benifits of affordability and fuel efficiency,could choose to buy a new car in form of NANO.Fuel efficiency is also good i.e near about 20km/litre.
Impact of Nano on 2 wheeler segment and used car segment couldbe high relatively high compared to its impact on small car segment,this depends on performance of car,how it stabilises and user reviews of initial performance once it hits the roads.In last,Time will tell how the future of this move pans out. So far the initial response for the product has been mostly positive.

Thanks.

What is market bottom?

AFTER writing off 2008 as a bad dream, the Indian investor is now left wondering whether it is time to call a market bottom anytime soon or if 2009 will be a repeat of the miserable 2008. The year till date has not been particularly encouraging for equity investors with the sensex down about 14% and the mid and small cap indices by a steeper 20% or thereabouts. In addition, the rupee is down another 6% year to date and the foreign institutional investor has continued the selling spree with around $2 billion of net sales in 2009 till date following the $13 billion of sales in 2008. Expert opinion appears divided between a potential market rebound and an imminent crash.
In jan 2008,sensex was above the 20000 but now only 8000.so where is bottom?but
I read it in a newspaper that the intelligent investor should identify companies that can survive the downturn and generate good returns when the tide turns over the next few quarters.
If it is possible then it's a great news for all of us.

Thanks.