I really dont understand the panic among retailers. Remembered that stocks like BRNL itself opened at flat to 2% premium. Why should you worry about icicigi.?! Just hold for sometime we will see a lot of profit. Another reason because of high market valuations many mutual funds are sitting on lots of liquid cash, they obviously tend to buy icicigi/sbi life focussing long term.. there is a huge buy waiting.. just hold on.. DONOT SELL...!!
Yes I agree, Be patient. It is ICICI, we may not get very high listing gain like Capacite but lets see, if we just start selling in panic then it will surely go down without any reason.
no no ... listing will not be up and it will be around 650 that is for sure but it will go up like Cochin shipyard..
the only reason is because sellers are selling it at 495 where as buyers are buying it at 1150.. which is ok but number of sellers are higher than buyer.. which means opening will be down but later it will recover for sure.
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September 27, 2017 10:26:48 AM
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Indicative Equilibrium Price (NSE) - 657.00
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September 27, 2017 10:27:31 AM
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650
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September 27, 2017 10:26:15 AM
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NSE 651 BSE 654
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September 27, 2017 10:25:04 AM
IPO Mentor (800+ Posts, 1800+ Likes)
correct that was i was saying n my post earlier that people are buying it at higher level however sellers are selling it at lower level thats why its down now.. people buying at at 1150 levels.