can anyone pls help me what is da maximum lmt for applying under retail category via asba. i m asking this bcoz i applied for moil via asba through net banking of sbi of full application of 197625 there was a tickr indicating amt more than 1 lac will be treated as hni. is it true or the site has not been updated yet bcoz as per sebi guidelines maximum lmt for a retail investor is <2lac
Anuraj, Let me try to explain whatever I know. Reason everyone want to short is: the time when FPO shares started to trade supply of share will be more especially Retail will try to sell everything they get and buyer will be less hence the price would come down.
Also as the FPO is going the price is mostly artically kept at around 145 the day the FPO close u can see that the price will be falling.
if u need better understanding see the charts of powergrid over last 1 month. Thanks.
yes ... right ... it all depends upon how much allotment you get, but considering that people have insanely applied in MOIL ... i think the subscription for SCI is not going to be too much
Thanks mate..you really made up my mind.. as i was having lot many doubts, prior to our communication & don"t know where to communicate..it was really worth & nice communicating with you..look forward for the same in "future"..means real future..
Compulsive.. Right now,everyone is in the process of going for "Short" i.e. Selling..than on 18th..why anyone will come ahead to sell in Future so that we can purchase to square off our position??Sorry for raising the questions but i need to decide like you..and quickly as NSE figures shows already 35% positions are covered from morning figure of 7%..