you know that Nify rallies from 5500 to 6300 with some base around 6000 is mainly driven by the FII force(QE and QE2 money). So if anything happen in that part of the world then we are in a soup. Please note that we alone do not have such a good valuation of our stock. We have our problems too!! ( Inflation, Increasing trade deficits, Crude bill etc). So once FII start selling these problems will come to surface and everybody will forget about the GDP growth. We can not isolate our self from the rest of world.we are to be ready for all the sitiuation.
My pont is if you have earn lot money from the stock, IPO and have big positions on stock be care full the problems are not yet solved. Try to minimize the leveraged position on the stock. You can reduce some position to safe guard yourself and keep the money in GOLD ETF. We have good opportunity to invest in SBI bond last month too.
Good IPOs are also a safe place and get yourself in liquid phase every time you exit on the listing. This will minimize the risk of having big position on F&O.
@529. Yeshpal Singh 1. For one PAN you can only submit one appln. 2. You can apply in only one category - retail or NII. If you apply for 1L or less you automatically come under retail. If you apply for more than 1L you automatically come under NII. You cannot simultaneously apply for both retail and NII.
If you apply more than one appln with SAME PAN all appln will be rejected.
If you want to submit multiple appln, use PAN of other family members.
Buying for 3600 to 3800 is not reasonable as one can buy in secondary market with current price. Think about it. Also that the retail portion might subscibe atleast 5 times!