When we hear of the news of Lehman brother is going to file for bankruptcy the first thing that comes to our mind is the day when bear and sterns sold all its holding in Indian company ,So same thing might happen to the holding that Lehman brother has in Indian company , they might just sell the stock in the market at whatever price they can to cover losses , so please see if you hold any of these company and make a wise decision .For info Lehman Brothers are considered as FII for indian market , so they do hold lot of company in its portfolio.

List of Indian Company that Lehman Brothers Hold
Amtek Auto
Amtek India
Anant Raj Inds.
Ansal Housing
Asian Electronic
Aztecsoft
Champagne Indage
Consolidated Con
Cranes Software
Develop.Cr.Bank
Dhampur Sugar
Edelweiss Cap
Emkay Global
Era Infra
Fedders Lloyd
Genus Power
Geometric Ltd
Godawari Power and ispat
Golden Tobacco
Gremach Infra
IFCI
Indo Asian
IOL Netcom
IVRCL Infrastruce
Kalpana Inds.
Karuturi Global
KPIT Cummins Info
Logix Microsys.
Lumax Inds.
Madras Cement
Mangalore Chem.
Mastek
Nava Bharat Ventured
Northgate Technologies
Orbit Corporation
Pioneer Embroideries
Prajay Enggineering
Prithvi Info
PSL
Rolta India
S Kumars Nation
Spice Communication
Spice Mobiles
Triveni Engg Ind
Tulip Telecom
Vijay Shanthi Builders
Voltamp Transformers
West Coast Paper