Bj, Yes.Today it has fallen all the way down from 26-28.This may be the reason: http://www.moneycontrol.com/news/economy/will-rbi-movepriority-sector-lending-hit-nbfcs_540818.html
mrsd: I also have reliancemoney a/c and it seems they always delay the credit of shares and amount. Not sure but going by reliance ADAG's culture it might be a money making trick ..using the interest on the huge amount for few days.. what do all of you (others) think of this?
Friends, Present grey market premium is 18-20 so it will list around 195.Above 195 it should go till 215-225 .I always short any stock if it lists below greymarket price whatever be its pedigree as there will be tremendous selling pressure.Tomorrow also I will follow the same strategy,I will sell my shares if it lists below 193.I will take a relook at it if the second case happens at a lower price & hold on to it with a stop loss of 164.
Dear Sridhar/ Gane- What you strategy on Muthoot listing day ? Pl. also share your disclosure for any specific share purchase price from secondary market in this time or wait some more time.Actually i'm thinking for RIL, Lupin, JP Asso, Yes bank, Cairn & MLL to add in portfolio. Thanks