Can somebody please answer following questions. 1) Can I have multiple demat and trading account with multiple banks and applu for IPo through multiple demat accounts. 2) Does SBI allow multiple applications on cut off rate from single demat\trading account. 3) What are various ways of applying for single IPO using multiple channels and submitting multiple applications using one pan number.
I have applied 3 applications. but got zero allotment. I have submitted all 3 applications from one bank account. Is it is the reason for zero allotment.
0/10 for me ...I am guessing.. Multiple applications from same bank account are not considered starting from this IPO. or else it is just hard luck as there was 1/12 probability.
I had predicted in February itself that Yes bank will go below 100. Target achieved in June.
I think mutual fund inflows is keeping Nifty above water, whereas 300 BSE500 stocks are trading below 200 DMA.
48.2. Dhan Ki Baat Feb 7, 2019 21:12 I Like It. 1 | Report Abuse IPO Mentor IPO Mentor (500+ Posts, 500+ Likes) Yes Bank could go below 100 Autos shall consolidate for next 3 years. Maruti to test 5000 Budget was good for salaried class only. Farmers were shown Rs 6000 lollipop. Budget was neutral for Market. Nifty shall resume its downward journey in few days. TGT 9500 in 2019
To Dhan ki baat, Why mutual fund inflows are keeping nifty up while mid cap and small cap stocks are down? Is there no inflow into mid and small cap mutual funds? Do u still think nifty can fall to 9500? I am not arguing, I am asking for yr opinion in detail.
to Dhan ki baat, kindly explain me your point about mutual fund inflow. i'm trading in nifty so if there is any burst i can take precaution. thank you.
If you go back in time and read the SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2017/114 dated October 6, 2017 addressed to all mutual funds you will find that SEBI came up with a FOOLISH definition of Large, Mid and Small cap stocks wherein it said that top 100 companies are large, 101-250 are mid and rest are small. So what happened now is that large cap funds cannot deploy money in stocks from rank 101 and beyond. Hence, only quality top 100 stocks out of total 5000 stocks are performing and rest faced brutal selling pressure and there lies no demand even at this price level. This is making top 100 stocks more and more expensive. That is the reason Nifty is technically strong even at a PE of around 30. Historically whenever Nifty PE came at 30 it fell more than 50%. LET SEE IF THIS TIME IS DIFFERENT. Trading in Nifty requires only one risk management/precaution i.e. STOP LOSS.
to Dhan ki Baat, Thank you so much for your valuable Knowledge. Point to be noted. Nifty PE is increasing from Jan-2018 and maybe correction is gonna happen at larger scale.
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July 2, 2019 2:58:11 PM
Top Contributor (400+ Posts, 300+ Likes)
Dear - Dhan Ki Baat -
There is an article today on money control that the following stocks will move to large cap category based on AMFI classification. Do you think it is a sound strategy to put your money in these stocks? Ofcource till SEBI doesn't revise the classification that it.
PNB, IDBI Bank, Power Finance, Torrent Pharma, ABB India and ACC,
Every 6 month, a set of few stocks will join the top 100 list. The bottom 10-15% of top 100 stocks will keep moving in and out on a half yearly basis. In this case, strategy of putting money into new entrants may not work as chances are high that stocks which have entered today may go out after 6 months. It is like bottom 3 of the EPL team.
If someone holds a gun to my head and asks me to choose one out of the seven you mentioned then I'll go with ABB India. (not more than 2% of portfolio value)