sensex crashes below 9800 today
??:. so 9000 coming ? whata gonna happen to air deccan and other ipo listing ?:(
Market today saw huge fall, as if investors are selling everything and running away from the market. The latest news suggests that mutual funds are selling off shares due to redemption pressure and banks are offloading their positions to cover up the positions. Sensex has gone down below 10k mark and in no it can reach to a level of 9k from where we were expecting 10k mark just 2 months back. Lets see how the market will fare in the coming months though most of the shares have gone down below 40% level.
The biggest loser today was dabur losing almost 14% at the end of the day
Sensex shed almost 350 points at close
Nifty 114 points
This is a huge fall and consecutive in this one week
FII's are purchasing in this month of june and mutual funds are selling. The markets have come to a level where shares look good and you can go for buying but its better if buying is done when the market stabilises.
MOST of the shares in top category like info, guj ambuja, grasim, itc, Rel are at their lower level and can be bought for some profits in the near future.
These are latest reports and not my suggesstions(trade at ur own risk)
phew again 500 down 
.. well we are gonna buy reliance petro tommrow (500) if sensex falls 200-300 points in morning tomrow and 500 more if relaince petro falls to 55 till 45 bucks. i mean 2 say 2k shares acct to our budget.
do u guys feel this is a safe strategy?:confused:
hey eeestudent
its better u look at petronetLNG and GSPL at these levels.they look more attractive than RPL.i myself have 100 RPL shares from the RPL ipo .it is still a greenfield project dont expect to see profits till 2008 when the refinery really starts operations.and no one knows what will be the market sentiments then.the hype about chevron and all that is waning
u can look at IT sector at this point this is one sector which is looking resilient to falling pressures.
and hold those shares which present a growth story in the long term
well as for air deccan listing i dont think it is gonna list at a premium.dont expect miracles in it.at the peak of bull run even jet airways didnt list at a large premium.the business model of these low cost airlines will be a deterrent.
as far as unity infra is concerned
just look at the magic of stock market.a month ago every infrastructure related stock was on cloud nine and daily they used to end at upper circuit.they are all down and out.
ansals,tantia,even unitech,adani all.
no longer does valuations depend on the land fill these companies are holding.
i think u got my point.
air deccan might delay listing seing the current market carnage
i think tommorow oil&gas; stocks will rise because crude prices are below $70 after a long time due to Zarqawi death.
hey people out there if u looking to invest in an ipo look out for the DLF.this is a mega ipo and will biggest one in india.also look out for air india-indian airlines combined ipo
well seriously i am looking forward to DLF ipo,GMR infrastructure,INDIAN-AIR INDIA, to some extent maybe HUTCH.
hehe today 550 up. they are just toring off daytraders shirts...
hopefully air deccan will list well on monday after todays rise
Its too much of volatility in the current market. On day senex plunges 400 points and other day it surges 400 pionts. Its really diffcult now a days to really predict the future course. I think once it starts on the up trend, then only retail investor can start pumping in some money.
Biggest gainers on the nifty were vsnl and rel energy, the stocks that are swinging like anything.
can anyone tell me at what price are prime focus and all cargo logisitics alloting shares in their ipo ?
eeestudent Sayscan anyone tell me at what price are prime focus and all cargo logisitics alloting shares in their ipo ?
Prime Focus has been alloted at Rs417 , the lower portion of the revised price band ..no news as for All cargo ...I think that allcargo and prime focus were gud IPOs but their fate finally depends on the market..As the current volatility persists ..they may not fetch gud returns on listing ...
Another huge run up for the sensex ...up by over 600 points ..phew ..such manic moves can create sumone rich one day and leave u a pauper on the other ....
??: Anyways ..thats the nature of the markets ...
Happy and careful investing to all PGites
Gaurav
any takes on Unitech ?? It's a major realty play and has been hitting the lower circuit for the last 10-12 days after having hit the upper circuit constantly before that...
they are also going for a 12:1 bonus and have a stock split...
any idea as to what the fair value of this stock is ?? it's run up from 1000 bucks approx in jan 2006 to almost 14500 in may before the crash !!
sensex on recovery path...bulls in a bear market...phew...wat a relief...
any1 investing on real estate....i strongly feel the sector will be up for a push b4 the DLF IPO....i expect it to strongly perform over the next few weeks
cool time for hedge funds...they r making merry in this volatility....
Its too much of volatility in the current market. On day senex plunges 400 points and other day it surges 400 pionts. Its really diffcult now a days to really predict the future course. I think once it starts on the up trend, then only retail investor can start pumping in some money.
Biggest gainers on the nifty were vsnl and rel energy, the stocks that are swinging like anything.
guys a clarification required..
Post Stock split, how much time does it take to update the Demat status in ICICIDIRECT ?
After SIEMENS stock split, I still see the same number of shares in my account but the stock price has been reduced in the same ratio as stock split...hence it shows a loss of some 80%.. ??:
2 working days....
guys a clarification required..
Post Stock split, how much time does it take to update the Demat status in ICICIDIRECT ?
After SIEMENS stock split, I still see the same number of shares in my account but the stock price has been reduced in the same ratio as stock split...hence it shows a loss of some 80%..??:
well we had unitech @ ipo 50 shares. but sadly we sold off at 191
..
now its 10k. damn...............
and guys is there any chance of allcargo/prime focus listing above offer price after this 900 point sensex rise? :confused: