I don’t think you will get NSE below 1800-2000 after IPO.
Plus when you will sell shares they will hardly give you better price.
And its good idea to book profit as we all know derivatives revenue will be hit by 25-30% but NSE unlisted share takes 6 months to transfer and next 6 to purchase.
So its better to see it as long term investment.
It’s my personal view
Over 2500 companies, including prominent names like ONGC, Hindalco, and Hero MotoCorp, are set to release their second-quarter earnings this week. Early reports suggest muted results, with analysts predicting the slowest growth in over four years due to a marginal 2% rise in Nifty earnings.
While Reliance Industries, Bharti Airtel, ICICI Bank, ITC, Hindustan Unilever and Life Insurance Corporation of India (LIC) suffered erosion in their market valuation, Tata Consultancy Services (TCS), HDFC Bank, Infosys, and the State Bank of India were the gainers.
Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.
Global diversification offers Indian investors enhanced risk-adjusted returns by combining the growth of India and the U.S. markets. A balanced India-U.S. portfolio provides stability, currency diversification, and resilience during economic downturns.