Indian Stock Market and Mutual Funds

Anyone from TE holding this stock?

Share name: ELCID Investments

If you have bought this share for 1 lakh few weeks before, you would have 640 crores now.

from 3 rupees to 2.5 lakhs is unbelievable. This is now the costliest stock in India surpassing MRF.
It is a holding company & not a typical company. Almost every shareholder in this company is likely a bigshot. Such news are nothing but clickbait as typical investor will never even hear of such companies before such news let alone holding shares in them.
 
It is a holding company & not a typical company. Almost every shareholder in this company is likely a bigshot. Such news are nothing but clickbait as typical investor will never even hear of such companies before such news let alone holding shares in them.
true to every word also no one was able to buy this
This needs to be bought by when? Also HDFC Bank is needed for hdb finance IPO right? Please mention the dates within which these need to be in demat
you can buy 1 share if hdfc now but this ipo will take a month to come
 
Today's USA election verdict can be critical for our markets too, who wins can decide lot of market decisions in coming future.
General guesstimation is that if Kamala wins, business-political status quo may possibly be maintained (market may bounce up), Trump means volatility (ups and downs)...
 
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Good news for people who did not got OLA ELECTRIC allotment !
Stock price is now below issue price !
CMP: 74.5
Issue price: 76.
 
And it will go down more as there have been multiple complaints and cases and even government bodies have questioned them now. It has been downgraded too by certain analysts and brokerage firms with target price now reduced to 80 and it already fell to below ipo price.
 
Recent IPO's have all been disappointing, I guess swiggy will follow as well... though I don't care because getting allotment is next to impossible
 
bought waaree swing but thinking of holding it now for a long time

photo_2024-11-06 00.57.43.jpeg
 
FII ownership of Indian shares hits 12-year low, dips below 16%
Foreign investors’ assets under custody in equity totalled Rs 71.08 lakh crore in October, down 8.8 percent — the sharpest fall since March 2020 — from Rs 77.96 lakh crore a month ago
^^ What can be the reason...?

The Fed just cut rates again — and the timing is undeniably awkward
In between election news there, this news came abruptly...
 
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LIC books profit in more than 100 stocks as bears outnumber bulls

NTPC Green Energy GMP seems to be @2.7% today, which is unenthusiastic.
 
"Temperament works more than intelligence".
Somebody have to scientifically analyze and explain the root cause behind 'temperament'.

Probably, tables like these influence the temperament: "MCSI ACWI valuations by country"
IndanStocksAlwaysAtPremiumBlah.jpeg
 
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Didn't apply for swiggy because gmp was flat. But very good listing considering the circumstances. Now quite confused what to do with upcoming ipos like ntpc green, hero finance and hdb finance next month. I bought all these stocks at high price just to be eligible for shareholder quota. Now if these ipos yield low GMP as well whether to apply or not is the main question.
 
LIC books profit in more than 100 stocks as bears outnumber bulls

NTPC Green Energy GMP seems to be @2.7% today, which is unenthusiastic.
what common investor experiencing (constant reduction in stock price) in October/Nov., LIC smell same in September, how?
 
LIC smell same in September, how?
LIC is the market-maker, they could sense lower profits or higher loses reported during earning seasons quarter together with USA election which is generally a volatile time. Also, the skirmishes in west asia and other regions which is not giving confidence, side effects of a not so expected Trump win, etc. etc.
 
Didn't apply for swiggy because gmp was flat. But very good listing considering the circumstances. Now quite confused what to do with upcoming ipos like ntpc green, hero finance and hdb finance next month. I bought all these stocks at high price just to be eligible for shareholder quota. Now if these ipos yield low GMP as well whether to apply or not is the main question.
Not sure what to call this beyond gambling. No one would call looking for random listing gains as a trading strategy, so if you are doing that, then go ahead with it.

Swiggy was only the 3rd or 4th IPO I applied for this year and the first one that got allotted. However, didn't even check the price yesterday and probably wouldn't be selling now.
 
Just a thought and I don't have any concrete proof but looks like some higher political move is in play here where some country/corporation wants us to implement policies suitable for them and here are the repercussion for not bending to there will.
Ofc common people like us will never know what actually happened until its too late
 
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