Investing and Finance

  • Thread starter Thread starter Itsme...
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nifty dropped by 2.61% and Sensex droped by 2.56%
market is in still correction mode. sensex 62245 to 55600 and nifty 18604 to 16500
 
Don't know good news or bad news
Got my 1st ever but in dipping market

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I didn't applied for Latent View IPO eventhough i liked the company.I waited patiently for Anchor investors's book to open which was Monday.Bought some no's yesterday when price went below 500.Bottomline is incase you like some company but couldn't get the IPO allotment then its better to wait for Anchor investor's book to open.If the share is good enough and is bought by the Anchor investors from long term view then it will recover after initial sell off else if they have bought the share just to ride the market rally as was the case with Paytm they would sell it and the share would keep on falling.
 
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