Grey market premium of Reliance Power fell to Rs.90 per share, after news of Emaar MGF, IPO having called off came. One section is expecting share price to fall below its issue price on the listing day itself.
RPL WILL HIT 1000 LEVELS BEFORE BUDGET. BCOZ THERE ARE LOT OF SOAPS GOING TO BE ANNOUNCED BY FM DURING BUDGET SESSION THIS MONTH FOR OIL, POWER & NATURAL GAS SECTOR ALONG WITH IT & AGRI SECTOR.
i think it is not advisable to trade rel pow in first week ..as it wmay come down to 350 . after a motnh when market mood chages then it can come back to 500 levels there u can trade between 450 to 600 levels