SBI Cards and Payment Services Ltd IPO Message Board (Page 3)

Hi Experts,

I have purchased good quantity of SBI cards shares now. What would be your suggestion can I hold or Sell out immediately.
bought price 650/-

Thx in Advance.

On daily chart, the gap should be filled, between 690 to 720

Corona pandemic is now an (inter)national emergency. So why is government still charging GST on Corona virus tests and insurance policies? While other countries are making such tests free.

The government yesterday passed an amendment to the fianance bill enabling them to raise the duty on petrol and diesel by another Rs. 8 / liter

So whats stopping them from utilising a bit of that humongous profit for common citizens? For Corona cause / case.

@IPOBABY, Govt has somany vote bank based 'Jojana's to feed. Plenty of money is being wasted on such schemes without monitoring the actual beneficiaries. Don't surprise to see Covid-19 surcharges of 5% in forthcoming income tax. Being a responsible citizen, we are ready to share the financial implications arising out this pandemic but before that Govt should re-check their leaking pipes. All unwanted schemes should be stopped for a while in view of emerging situation.

Very well said SivaMDU

People must stop being followers, worshipers. People must realise that there is no God among the humans. People should take a clue or two from Pancha Tantras, one person can neither fool another all the time, nor can they fool everyone at once. People must start to think, analyse,question. We must live like humans, the creatures with brains. It's high time.

Nifty start his journey towards 5000 mark i think 5000 is good level to entry in secondary market and buy some good quality stock like RIL @650 or 700, HDFC BANK @ 600 or 650 BAJAJ FINANNCE @ 1600 or 1800 BAJAJ FINSERVE @ 3000 BATA @800, HUL@ 1300, HCLT @ 380, USL @ 450, MARUTI @ 3200, BAJAJ AUTO @ 1500

Yes but make sure you wash your hands carefully and frequently and absolutely avoid all social contacts from now on. Pandemic must become very very serious for those blue chips to reach your dream levels. So you must stay fit (at least physically) to take advantage of it. Right?

Nagaraj Shetti, Technical Research Analyst at HDFC Securities, paints a grimmer picture. "The panic has continued and technical charts have not given any bottom so far. We see strong support at levels around the 6,200-6,300 range over the next one month. So brace for a downside of another 1500 points," he said.

there is no technical remained in market now
everything going only on news, fears and panic
even today global market down below 5%, indian market closes -13%
indian market down 38.75% from high

Hello Experts

Can anyone suggest the expected dividend we get from SBICARD

RESPECTED MEMBERS,
PLEASE GUIDE ME OR HELP ME REGARDING THIS
YESTERDAY I.E 17.03.20 I GOT A MSG THAT AMT OF 14345 HAS BEEN DEDUCTED AGAINST SBI IPO. BUT ALREADY ON 12TH MARCH THE WHOLE PROCESS HAS BEEN DONE. HOW TO RECOVER MY MONEY??? PLS HELP

Kindly mail to IPO Registrar mail id ipo@linkintime.co.in for your quires.

mere sath bhi aisa hi hua h vijaya bank me do baar debit ho gya h aaj bhi hua h debit do account me upi se bhara tha

Today mkt may end in lower circuit.we can easily buy our picks at the lowest quoted prices.

Any stocks to buy for long term investment

What is this short selling? I can't understand.......

Hi All ...
I need ur inputs
Applied 13 lot in SH category via zerodha...My mandate got rejected in icici upi. .. but still my amount is not unblock. Please help how to unblock amount..and let ne know if anyone face the same issue...bank people doesn't know when it will unblock ..they are telling to check with zerodha ..vice versa..zerodha told wait for 21 march ...and if not then asking to mail ncpi....but as per asba rule it should get credit back on 12 march..
Plz tell how to release that amount...
Thanks

It's the rhetoric vs reality on ground. What was the whole point behind enforcing the use of UPI? ? What has become faster, easier or safer and for whom?

There is a host of people who lose their money to digital theft tactics by PayTm, Phone pe, GPay fraudsters. Stealing cash wasn't this easy for sure.

What difference has application by UPI made to investors?
What differentiates it from offline asba?
Answer is no difference.
Only things are made complicated by waiting for giving an appproval to mandate by opening & checking upi app.
Offline asba without upi didn't required two actions , just submitting in bank was enough.
Bidding time now for retail is also extended as done previously in non upi offline asba.
Only difference now is that one can submit through brokers platform thereby reducing rush in bank, but what retail imvestors has to do with that.

Be Greedy When Others are Fearful.

Be Fearful When Others are Greedy.

Invest Only that money, that you're ready to forget.

Foundation for making Crores is being made.

DII's are already ahead in the Race.

No one is making money these days. You can't have a means to make decent money that can go unnoticed. Making money is anti social and akin to crime.

Crude oil price down from $ 82 / barrel to less that $ 28 / barrel thats a massive 52% decline and at the same stupid time, indian petrol price at the pumps is down by Rs. 5 / ltr. which amounts to a 6% reduction. And no one talks about this. I don't know what to attribute this to. Fear? Ignorance? Or plain idiocy?

Nifty taste 5000 level on march end. and could be bottom out.

WHAT TO SAY, HOW MUCH PANIC?????

WHAT CHANGED IN ONE MONTH ON GROUND???

CAN NOT RULE OUT NIFTY BELOW 100,
IF SEBI CONTINUE TO BE INACTIVITE
SEBI MUST COMPLUSORY FOR DELIVERY TRADES ONLY AND 5% CIRCUIT TO EVERY STOCK TILL MARKET STABLE.

Mainly due to operators driven short selling.. they invariably pulled all stocks to much lower levels as the FII selling also aggravates the situation and created panic among retail investors and force them to sell their holding with huge loss.. i think most of the people who were highly leveraged position at the beginning of this month might have lost 50% or so if they held mid and small caps in their portfolios.. SEBI should have taken action on short selling atleast 10 days before but they turned blind eye at the interest of operators/big manipulators.. Yesterday, some news in moneycontrol that SEBI and exchanges will put some restriction on short selling but we have to wait and watch how it is going to pan out.. let us hope for some improvement going forward.

Now here is an interesting conspiracy theory ????

Impact of coronavirus on stock exchanges worldwide, within 1 month:

???????? -26%
???????? -26%
???????? -25%
???????? -27%
???????? -20%
???????? -19%
???????? -16%
???????? -24%
???????? -14%
???????? -17%
???????? -12%
???????? - 17%

Now, look at this:

???????? (China) + 0,3%

China the creator of the pandemic, has miraculously "recovered", has almost no more cases of coronavirus.

The world is now beginning to feel the effects and panic about the disease.

Who recovered first ?? China itself

It seems to be that this virus was a move by the Chinese government in response to the loss of the trade war with the United States.

The goal:
To throw the world into recession !!!

Is the scenario not clear they are already growing!

China bought almost everything it devalued on the stock exchanges around the world ... with that the Chinese became owners of the global companies that are in China and without the money even leaving China.

Maybe we arent being told the whole story ????

We fall 37% from top.

Massive 37%

12430 to 7832

SHARES PURCHASED ON 16/3/2020 HAS NOT BEEN CREDITED IN IDIRECT A/CS.INSPITE OF SEVERAL REQUEST THEY TURNED A DEAF EAR.THEY SAY THAT IT IS NOT ONLY FOR YOUR CASE ALONE.NSE HAS NOT ARRANGED FOR TRANSFER OF SHARES THOUGH IT SHOULD BE CREDITED t+2 DAYS.THE ADDRESS GIVEN BY THEM FOR COMPLAINTWITH RETD EMAIL ADDRESS.,I DO NOT KNOW WHERE WE HAVE TO COMPLAIN.PLEASE HELP ME ANY ONE OF THE PERSONS WHO ARE WELL AWARE OF THIS KIND OF SITUATION.

Ravi sir, Thank you for your prompt response. Same reply was given by icici direct. Just now also, I have spoken with an executive. He told me that they will look in to the issue. I don't know what is going on. Shares worth Rs 300000 are purchased on 16th and not been credited so far. To day market has just improved but we are unable to sell. We don't know what will happen tomorrow? We hopefully will wait for positive selling.

Sir, Threatening the executive has yielded in positive results. All the shares purchased on 16th have since been credited now. I don't know what will happen to the purchases made on 17th!

Thank u MR.jJ.RAVI AND MR.KAMMA SIVA RAMA KRISHNA THE SHARES BOUGHT ON 16/3/2020 HAS BEEN CREDITED TO MY A/C ON 19/3/2020 IN ICICIDIRECT EVENING/NIGHT.PLEASE CHECK IN DEMAT ALLOCATION SECTION AND CHECK IN ALLOCATE SECTION AND IF IT IS BLINKING IN QTY YOU CAN AUTO ALLOCATE AND SUBMIT AS USUAL.THEN YOU CAN DO AS YOU PLEASE.

Once corona cases jump to 1000 (let's hope it doesn't cross 1000 mark), market will definitely become more scary then what we see today.

1000 cases is a tipping point, so let's pray we remain below 1000.

Already damage is done, things will only get better from now on...

शुरुआती तीन महीने में पिछले 30 साल की सबसे बड़ी गिरावट
सेंसेक्स की बात करें तो शुरुआती तीन महीने में बाजार 30.12% तक गिर चुका है। पिछले 30 साल के आंकड़ें उठाकर देखें तो बाजार में इतनी तेज गिरावट पहले कभी नहीं आई थी। 2008 की मंदी के समय भी शुरुआती तीन महीने में बाजार 23 फीसदी ही गिरा था। 90 के शुरुआती दशक में भी जब भारतीय अर्थव्यवस्था खराब दौर से गुजर रही थी, उस समय भी बाजार में इतनी तेज गिरावट नहीं आई थी। 2020 की शुरुआत में सेंसेक्स 41,349.36 पर था, 18 मार्च को बीएसई 28,869.51 अंकों पर बंद हुआ। इस तरह से बीएसई 12,480 अंक नीचे जा चुका है। यह 30% से ज्यादा की गिरावट है।

What needs to be done in such a panic situation, A large share of my hard-earned money is under loss and i can't bear that loss right now by pulling out my money. Please advice

As you said you can not bear loss by pulling out, so keep invested.
Whatever loss you see is unrealised loss. When market recover it will reduce. In longer time you should make profit.

Hi experts
Any secondary market recommendations for short term for people with high risk appetite?

Hi All need ur inputs
Applied 13 lot in SH category via zerodha...My mandate got rejected in icici upi. .. but still my amount is not unblock. Please help how to unblock amount..and let ne know if anyone face the same issue...bank people doesn't know when it will unblock ..they are telling to check with zerodha ..vice versa..zerodha told wait for 21 march ...and if not then asking to mail ncpi....but as per asba rule it should get credit back on 12 march..
Plz tell how to release that amount...

I request you to open account in some other broking systems like upstox,edelweiss,ICICI direct . i hear lot of bad news about zerodha.