What a joke, whats your qualification ?? Indexes are high as it is the time for companies declaring quarterly results & almost all companies are showing positive results , as a consequences share prices are rapidly increasing, hence indexes are increasing
Calm down chief, i am not being political, I am just an ordinary employee of a limited company, worked all year around , wish to see my company help push up the indices. I was a bit surprised by the gentlemans comment , who started this thread....
@smart man, I read yesterday that index would fall due to this phenomenon. Everyone in news and here also at this platform were talking about it. So this was my question and not statement or comment. You are smart enough to distinguish between question and statement. You may have one of the answers. Other peoples comments or questions are welcome.
226.5. Mr. Singh| Link| Bookmark|
May 15, 2023 5:55:21 PM
IPO Mentor (600+ Posts, 400+ Likes)
Upon studying all existing REITS / INVITS IPO.......I am happy that I took best decision of investment in this IPO. I guess that 2 year from today it will be trading around 120 and I will be getting nearly 8~9% tax free Income on NAV of 120 and beside this I will pledge it for F&O trading, which get me nearly 10~15% extra income.
This is biggest / largest Reit and having top notch properties and as India keeps developing, it will give a life time good return beating Inflation anytime.
Everyone should have a part of this investment in his/her portfolio, as diversification.
216.1. Pratham| Link| Bookmark|
May 15, 2023 11:46:03 AM
IPO Mentor (600+ Posts, 500+ Likes)
My intention is not to hurt any member or offend him / her. However I see some members posting much lower GMP on this forum, Not sure what their vested interest in projecting a wrong GMP. I also understand that different center may offer different rates. However the difference cannot be so significant.
However in the interest of the larger group. One is unable to buy below 3 at Ahmedabad and Rajkot. Most trade happening are at 3+. this is an update of today 2 PM at the above locations. Disclosure : I Can share info only for these two locations as my access is restricted to above two locations. Experts & IPO Gurus can validate the same.