You can't sell it online. Any other broker who takes delivery instructions physically will do it.but you need to be prepared for auction just in case it is not credited as expected.
It is a good strategy.I am also doing it
You will be getting the better rate compared to the day of listing when everyone will rush to get small gains.
Can FPO shares of NMDC be sold today, in anticipation that they would be credifted to our accounts before the t+2 settlement .... as today's payin will take place on thursday (wed. been holiday) .... in case of REC shares were credited on 11th day after issue close .... so 11th day for NMDC falls on 12+11 = 23rd March .... e'body views are welcome ....!!!
With respect to PSUs I encorage the investors to take profit on listing (because PSU FI will support). As the company is not GLOBALLY cheap or competitive, FIIs will not buy (why buy this when they can buy BHP-Billiton, RIO Tinto, Fortescue Metals Group,VALE at quarter valuations).
Remember the underperformance to sensex of another Navratna PSU, HPCL (disinvested at 380 in 1994, now 320 (1:2 bonus in 19990) The Spammer who is running an anti-govt campaign on internet by LOOT messages, has only a short memory or is young.
Suna hi, satulaj jal vidut ka ipo anay wala hi, but NHPC Ke tarah paisa chura kar bhag tho nahi jayaga, mujhay tho cong. Govt. Pay barosa nahi hi, Bjp govt. hoti tho NHPC Ke kiya majal ke nevasak ko loot pati ?
Plz let me know whether the share of NMDC can be sold on the next day after they get creidited in the demat account.Somebody has told me that the FPO share will also list. -alshah
i m back. nmdc will touch it recent high very shortly. those applied in fpo get ready for feast. fundamentally strong navratna psus like nmdc are bound to give decent returns in coming times. i have always repeated, stop comparing navratna psus with cheap fundamentally weak stocks.
460.Sridhar, Gem IPO & others. What is u r strategy on NMDC for listing day of FPO, it looks that most of ppl are going to sell in morning and may buy by evening. Is is worth holding for some time or do want others are doing.
235. sanjay jain Mar 12, 2010 10:30:06 PM IST Report Spam harsad mehta ke samay govt mouni baba ki the aur ab world ke top ecnomist sh.man mohan singh ki hai. yeh mat bhoolo jab world main hai- hai ho rahi the tab india main 6 th pay lagi thi. world ka top ecomist PM aur top scientist PRESIDENT tha us samay. india main kuch effect nahi aaya.indians se toh us president bhi darne laga hai AUR AAP LOG HO KI INDIAN GOVT.ki companies ko bekar kah rahe ho.
NMDC might open 315-320 but in the end of day close more than 350, on interviews of chairman of company on business telivsions, and their announcement about hike in iron ore price with effect from 1st April 2010. Stock worth more than 32000 crore is with government and inssuarance companies in ipo, it is not difficult for inssuarance companies to purchase from public RS.500-800 crore worth shares on listing day. Enjoy listing gains.