7days ago Engineers India FPO at Rs.193 know trading at 149 retail s phir Bakra ban gaya.
442.1. CLD| Link| Bookmark|
February 11, 2016 2:41:38 PM
Top Contributor (500+ Posts, 100+ Likes)
Why are you after IEL.
Tell me any blue chip which is not down minimum 15 % not to speak of other stocks
The only thing in IEL, I take pity on those retailers who had bid at even Rs 220 in EIL when the indicative price from Non-retailers was hovering around 190 for the whole day that day. They got allotment at 197.15 while others got at 190.5.
I am again requesting all to write to FM, RBI & SEBI for fixed pricing for retailers as given in my earlier post. Hope all will understand its importance now.
441. CLD| Link| Bookmark|
February 11, 2016 2:26:32 PM
Top Contributor (500+ Posts, 100+ Likes)
I have advised time & again to investors to play the market within 20 % of their cash availability. To come out of this market now is not advisable. You have to forget this market now. No down level is predictable now. For those who have borrowed capital, they should clear it immediately & sell in the market.
Market will not remain the same. The carnage of market in 1992, 2002, 2008 are still on the minds of all but the markets have scaled new highs after the carnage.
One thing is clear. Indian market is driven by FIIs only. FIIs can make or break the market at their will. So watch for FIIs inflows & outflows. Indirectly you can watch for Indian Rupee. When FII are net sellers, outflow takes place & the Rupee depreciates/weakens & vice versa
Chances of QH n TSL to list in positive very less. GMP is misleading. Daily new level of nadir is being reached n with China opening on 15, more pain would be felt. Only long term investors with deep pockets may remain in the market.
Main reasons to withdraw ur money to stop ur applications- a) Fall of 750 in sense is not a joke. b) inability of govt or RBI to interfere to stop the rot n sentiments of the markets. c) Poor Q3 results of most companies n no sight of improvement in the coming quarter Q4. d) Chinese markets would open from 15. Get ready for further pains.
Retail investors forget about listing gains. Do not invest anymore. Withdraw ur money to stop ur applications.
436. CLD| Link| Bookmark|
February 11, 2016 1:52:43 PM
Top Contributor (500+ Posts, 100+ Likes)
It is a pity that while all other countries are making efforts to strengthen the capital market by cutting rates even to negative territory, Indian Govt. is not doing so even when inflation is much lower. Probably they don''t know how to manage. Market is bleeding & no action from Govt. It is a known fact that if industries grow, then Govt. revenues grow so the nation grow RBI can easily cut interest rates by 1.00% immediately to uplift the market. We should write to RBI
i do not mind lower rate but the issue is way these bank give loans to company and which turn NPA and keep upping the loan limit
436.2. Eagleye| Link| Bookmark|
February 11, 2016 2:00:09 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Yes CLD Sir,
I agree ... It is totally RBI''s fault ... please write to them ... do something ... do anything ... they should not allow the Indian retail public to loose money like this becaof their stupidity ...
Let''s all get together and call for a strike against RBI and Rajan ... bloody nincompoops
436.3. Eagleye| Link| Bookmark|
February 11, 2016 2:03:05 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Kuroda and draghi should go out for a drink with RAJAN
436.4. Eagleye| Link| Bookmark|
February 11, 2016 2:07:04 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Rajan is still having to grapple with the traditional problem of exonomica as against the others ...
no i do not agree with RBI govn or RBI role as people of india are greeddy to accept under table transcation to give loan from small reatiler to small bsuiness men to large corporate body all know the story of vijay malya has fund for calender girland all but otfund for other ,then it declared by UBI asbankruptcy but still managed to get loan , this problem persist in india, if u got to court it will delay verdict by not less than 10 years,so my point is we all are corrupt in this regard.
YES INDONESIN AND PAKISTAN STOCK MARKET BOTH HAVE DONE VERY WELL IN COMPARISION TO INDIAN STOCK MARKET. ALSO THEY HAVE NOT DESTOYED INVESTOR WEALTH LIKE INDIAN CORRUPT STOCK MARKET WITH HIGH VALUATION AND COMING OUT WITH EXPENSIVE VALUATION IPO LIKE QUICKHEAL
What ia surprising me that even in euro region stock market hasnt done that badly as india has done. Yesterday euro was up 2 pc and now they are down 2 pc. It hasnt fallen that much as Indian market has. See what happens when u price stock well and bring ipo at pe of 10 -20 only. I think its time for arun jaitley to move to anther dept. This is proving his failure to control capital market
i agree i think Mr Arun Jaitley is Mumbo jumbo he is main cafor GST not coming ten years back now he wants GST and congress is playing the same game BOTH the leading parties give any important to economy of INDIA
As said earlier yesterday night, poor results by SBI, euro jitters are dragging the market down. SBI NPAs wont reduce anytime soon. Time to avoid any PSU bank for the time being. Instead look at fundamentally strong bank as HDFC only for investments.
Chances of QH kisting in massive discount very high.
Advice- Those who have applied can not withdraw their application. Its not in ur hand. However, what is in ur hand is the fund in ur bank account. Withdraw it below the application amount so that ur application is rejected at the time of allotment of shares. Some charges may apply depending upon ur bank but I think its worth it.
Disclaimer- The advice above is for others to think about it in a positive manner. It in no way means I am recommending the same. Take ur own uniformed decisions as its ur money. Later on no one should blame anyone for his decision. God speed and good luck.
Is govt rbi sleeping no words from them.indian market have fallen most now.there is no such fall globally .u will atleast see few green ticks globally. This is what happens when u change sentiments by bringing such bad high price ipo suck liquidity any aera gera can come with ipo or sme. I still feel people shd boycott any ipo that comes now. In that way lead manager will know how to price correctly. Is finance minister jaitley sleeping as there are no comments from him.usually we hv fm to come to soothe investors. Why cant rbi decrease interest rate as have ample space to do that
Septa Teamlease will not list at discount. But QH definitely going Discount now. How much i exactly don''t know. But physical ASBA applicants can withdraw funds. Be on safe side. I prefer axis & yes over SBI . They seem better asclass.
the probability of both list and discount is high given market volatility index base selling and many margin call will get trigger if it falls further 6900 level is crucial anything below this bear market will be long time to forget about speculation and buy only on fundamental..
SBI market cap is less then kotak bank go figure anyway just be careful
already market cap is below kotak how low it will get IMO NPA is issue but not warranted for such price..... worst come worst it is two years profit IMO market has gone overboard
Current primium is 12-14 Rs. Confirm Bhavnagar.... Please help me friends.... what to do....sell at Rs12 help help help
424. Chem cho| Link| Bookmark|
February 11, 2016 12:33:08 PM
IPO Guru (2500+ Posts, 2700+ Likes)
One big bull is holding ultra Tech cement at RS 2800 Waiting to see his strength in market my target is Rs 2650 in days to come
423. Chem cho| Link| Bookmark|
February 11, 2016 12:20:06 PM
IPO Guru (2500+ Posts, 2700+ Likes)
MARKETS CRACKED MR MODI has to revise his 28 feb 16 budget blues of cracking capital gain tax from 1 year to 3 years , small saving scheme interest rates , PPF interest or else markets will touch 6750