I have one very basic question. Can u pls tell me how to buy and sell Mannapurmam/ muthoot ncd in icicidirect, axisdirect. Can they be bought and sold like shares.
You were the perfect one to guess listing price. I'am very much impressed with your against the public opinion advise which is perfect in maximum cases.
Well, the listing gains which many expected have turned in to listing losses.Losses are going to be more in days to come, in view of global uncertainities and domestic scenario. But, if you are an investor should it upset you? Investor is one who takes a longer term view, and is not perturbed by daily fluctuations in the market.This share got a rating of 5.It is a fundamentally strong company.No reason why it should not reward an investor when market rebounds.My advice is hold it and dont sell in panic.
Some broker are missuse this site .they are giving comission to direct investor that is against sebi rules. I will complaint SEBI for this matter for those agent who are publising there contect number on portel for contect him regarding investment on comission basis It is not fair to talk about comission or brokerage slab.i am a investor and wants to ban this type of information some broker are missuse this portel for as there advertisement that is fully wrong. I apeal chittorgarh management for take some action in this matter.
The company’s decision to price the issue close to the lower end of the band led many to believe there could be decent gains on listing. But the stock was down around 3% in the first hour of trade.
Pricing is the major reason for this kind of listing. That may probably explain poor response by QIBs.
L&T group willing be coming out with many new IPOs in next few years. Management is destroying the goodwill that "L&T" has in the market?
Non-banking finance stocks are not the best of bets in a rising interest rate scenario. On the face of it, things look gloomy for both banks and NBFCs for a while since the RBI is in no mood to cut rates yet. Investors need to wait for at least one week. allow it to settle before taking decision. Traders need not be in a hurry to buy till it clears issue price. If it is able to clear issue price in next 15 days, it is a great opportunity for traders.
most of the ipo listed during last one year are trading 50 to 70 % discount,L&T not an exception.Nifty is bound to go below 5000 and may b to 4600. Market is traping d small investors and the same is part of the game of share market which is run by big hands...! I must say that it is a great listing, considering the fact that ever since the issue got closed,the Sensex and Nifty have corrected between 4% and 5% D stock is showing quite a bit of resilience.I have seen in the past, on d first day,a lot of volume comes in.It is very nicely absorbing the volume.All in all, i m very happy.I think a lot of inst investors like d business model.