How much shares you have got?Originally Posted by Subodh
How much shares you have got?
In order to get a Loan, you first need to prove that you don't need it.
Subodh,
Still holding oil India or sold on listing gains. I would suggest hold (if you havn't sold yet). Citigroup is also suggesting to hold it for long term.
http://www.moneycontrol.com/news/ipo...up_417265.html
In order to get a Loan, you first need to prove that you don't need it.
After long time IPOs are in focus. Oil India ends day 1 at 8% premium (Rs1135). Hope everybody made good profits in this IPO.
I would normally book profit on listing day and buy later for long term. Some times off market news take market down like - Bharti - MTN deal. Tomorrow it will take market down. But will give a give good opourtunity to buy Bharti.
MTG - I don't know why you thought that market would come down due to Bharti-MTN deal call off. Its positive for Bharti. And you can see the result today.
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
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