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Thread: IPO Details - Oil India Ltd.

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  1. #1
    PolicyWala Fan Natraj's Avatar
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    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
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  2. #2
    Moderator Matrix's Avatar
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    After long time IPOs are in focus. Oil India ends day 1 at 8% premium (Rs1135) . Hope everybody made good profits in this IPO.

  3. #3
    PW Expert MTG's Avatar
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    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.

  4. #4
    Moderator CONFUSED's Avatar
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    Quote Originally Posted by MTG View Post
    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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