#NewDelhi: India’s IPO market is moving at a record pace this year (IPOs This Week). From subscriptions to fundraising, new records have been set this year. Meanwhile, the IPO of Supriya Lifescience Limited, a pharma sector company, opened on Thursday. The IPO of pharmacy retail chain Medplus Health Service Limited opened on Monday, the first day of the previous week. It closed on December 15. The next day, Tuesday, the IPO of Datta Patterns (IPOs This Week) has been opened.
Opinion of Nilesh Shah –
Kotak Mahindra Managing Director Nilesh Shah said that the Indian stock market is moving very fast. India’s ownership in the MSI Emerging Index has gone from 6 per cent to 12 per cent. This has benefited foreign portfolio investors. India’s stock market has changed due to a new variant of coronavirus Omicron, which could be a cause for concern for health officials.
The market is looking ahead
The stock market always moves forward depending on the long term. If one looks at the state of the Indian stock market in the last 18 months and thinks that the stock market has not moved forward or backward, then it is not right. The stock market has been moving in the right direction for a long time.
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Stay away from penny stocks
There is a red zone in the stock market, which should always be avoided. As a result, it is important to know the market better, not always leaning towards penny stocks in the hope of higher returns. Penny stocks should therefore be avoided for long term investments. If you invest in penny stocks without judging the market situation, there is a possibility of loss rather than profit.
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Such an IPO should not be invested
One should not always invest in high priced IPOs. If investors feel that there is no value in investing in such an IPO, then they should not invest in such an IPO. There is a possibility of making more profit by investing in other places without investing in higher priced IPOs. As a result, investors should not invest in IPOs whose prices investors do not agree with.
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