Help needed with UPL Rights Issue: At what price do I have to apply? [https://www.chittorgarh.com/rights-issue/upl-rights-issue-2024/334/](https://www.chittorgarh.com/rights-issue/upl-rights-issue-2024/334/) I have 4 REs for UPL in my account and I wish to apply for the rights issue. The price seems to be rs 360 per share, But on SBI's website it shows "Rights issues price: 90 INR" So do i have to apply at 90 rs or at 360 rs? If at 90 then how will they take the payment for the balance (ie Rs 270) Also can i apply for more than 4 shares? Please help. 4 0 replies
Will Bajaj Housing Finance Recover or Continue to Slide After Today's Sharp Drop of 6.2%? Bajaj Housing Finance's shares fell sharply today due to the expiration of the three-month lock-in period for anchor investors, making 12.6 crore shares tradable, which increased the supply in the market. Additionally, weak overall market sentiment added to the pressure. What are your thoughts or insights on the future movement of the stock? Share your own analysis. 5 0 replies
Closing old dormant demat account - Ridiculous AMC charges I had a demat account opened long time back and it has been dormant (no activity) since past 9 years. I tried closing it recently through broker app but my closure request was rejected and they told to contact their customer care. When I contacted customer care, they said my closure request was rejected due to past AMC dues. They were charging AMC every year on my dormant demat account resulting in total unpaid dues of around 3000. Do I need to pay such ridiculous AMC fees for closing... 4 0 replies
UPI mandate only for 1 lot I have applied for 7 lots of Vishal mart IPO, the lot size was 190 and the price was 78. So in zerodha I have place bid for 1330 shares @ cutoff price. I have received UPI mandate after 30 mins of just 1 lot i.e, 14820 whereas the total amount of 7 lot is 103740. Please help as this is my first time applying for IPO. And also zerodha allows 3 bids, is it useful or should I just place one bid of 7 lots at cutoff price?... 3 0 replies
How did Adani Green moved up 9% even before the BSE Corp. Announcement? Insider Trading?? I have noticed that Adani Green Rajasthan deal of 250 MW. Solar plant was announced on BSE at 11:28 AM and on NSE at 11:31 AM. So how did Adani Green shares surged one hour before the announcement i.e. at 10:30 AM itself and that too with such huge volumes? Is there anything else that I have missed? Can anyone explain please? TY 5 0 replies
28 year old ,unmarried , 1 Lakh /month salary , where to invest ? So I am a Doctor , I very new into investment and stuff . Had made some bad investments in past as soon as I had salary. Hdfc sapoorn , Nishey etc etc I have 5 of them. Pros: I dont have any loan, basic needs like House , Health insurance (family), had taken term plan at age of (26yr ). I can invest upto 40-50K per month . Had you been in my place with your experience, what you have done ? 2 0 replies
Why are IT stocks in demand today as Nifty IT hits a record high, surpassing 46,000? https://preview.redd.it/y1x8cruwkd6e1.jpg?width=1920&format=pjpg&auto=webp&s=79b5f43210ccd576cbda7850ea678122f232f4a5 https://preview.redd.it/sevaqn8xkd6e1.jpg?width=1920&format=pjpg&auto=webp&s=66c728fd0d3fe49a981946150682ea036e48b5a5 IT stocks are in demand today as the Nifty IT index hit a record high, driven by optimistic growth projections for the sector, with HSBC forecasting a 6-7% growth in FY26. **Let's analyze the sector using RRG** Leading Quadrant: LTIM, Wipro, Persistent Systems, and Mphasis are in the leading quadrant. However, LTIM and Mphasis both are losing strength and are moving towards the weakening quadrant. Weakening Quadrant: Coforge and TCS are in the weakening quadrant, with TCS appearing weaker than Coforge. Lagging Quadrant: LTTS, HCL Tech, and... 4 0 replies
India Stock Brokers market share India Stock Brokers market share 1) Groww: 25.8% 2) Zerodha: 16.5% 3) Angel: 15.4% 4) RSKV (Upstox): 5.8% 5) ICICI Sec: 4% 6) Kotak Sec: 3% 7) HDFC Sec: 2.7% 8) Motilal Oswal: 2% 9) Others 24.8% Groww has no amc charges and simple UI thats seems like an advantage for them over other app. 2 0 replies
Vedanta - avoid or consider? Pros: 1. Irregular but net positive profits despite losses reported in some quarters 2. Good dividend payout 3. FIIs increased shareholding from 8.6% in December 2021 to 11.45% in September 2024 Cons: 1. Promoter holding has decreased over the last quarter: -2.93% 2. Promoters have pledged 100% of their holding. The most worrying concern is the entire holding being pledged. The share price has also shown a decent increase over the past few weeks and FOMO is taking over. What needs to be done? Buy in small quantities or... 4 0 replies
VVM IPO? As you know, VMM is launching its IPO, and opinions are quite mixed. Some believe it's a knockoff of DMart for Tier 2 and Tier 3 cities, while others see it as a potential multibagger. The IPO allotment price is set between ₹74 and ₹78, with a minimum lot size of 190 shares, valuing the company at ₹8,000 crore. I was considering investing, as it seems like a solid company with consistent profits and decent financials. However, I have a few questions: 1) What is the company’s strategy to... 1 0 replies
If you have to pick 5 stocks and hold them for next 10 years what would they be? Same as the title. 2 0 replies
Value Investing is underrated !!! Parag parik Flexicap and ICICI value discovery are two major value funds in the market, current trends look stupid as they underperform but remember these protect the portfolio during market downturn. What are your thoughts? 5 0 replies
Market on Dec 12, 2024 Daily Journal: US markets had a mixed session yesterday. Dow closed in red. Nasdaq in green. Futures are trading in red. US 10Y Bond Yield is at 4.2%. Brent Oil is at 73$. Dollar index jumps back above 106. Asian markets are mixed. Consider global cues as neutral for today. India's inflation data for November will be out today. This could be a small trigger for the markets. Nifty remains in consolidation. However there are good stock specific moves in the market. I think the main trigger for the... 2 0 replies
I am in a dilemma. Buy Gold biscuit or buy Gold ETF for really long term (20y). I think India is going in super inflation territory due to obvious internal external reasons. Points in favor of 24K Gold Biscuit. -After import Duty reduced Gold price is almost same as international price. Huge Gold customs Duty will be back soon after last SGBs are paid back by Govt. - Tax will be paid by whoever seller is. -Many jewellers are OK with just 1%melting charge. -Gold bees the only liquid etf under consideration have expense ratio of whooping 0.81% yearly. Which will eat up principal and profits yearly till perpetuity. Very poor trust in govts in taxing fairly(no hope of inflation adjusted... 2 0 replies
Hello r/IndianStockMarket, Viram here from Vested. Here to discuss investing esp. global investing from India, startup life, global finance or anything else under the sun. AMA starts at 7pm IST! Had the privilege of starting Vested 5 years ago and in the process helping lakhs of Indians build a global portfolio! https://preview.redd.it/a4y57own186e1.jpg?width=3024&format=pjpg&auto=webp&s=58ca1d41d7c5494c9c7af0992f85aba354c5b59f 3 0 replies
Is the stocks going to rise? I am wondering if the stock market is bullish right now or not? I have seen some rise in the stocks but no news about this. 5 3 replies
Frequently Asked Questions - Post your common queries here r/IndianStockMarket **FAQ** **Please search for your questions in this FAQ using the Ctrl+F functionality** before making a new post. If you have any common queries that are not in this, please post it as comments in this post so that they can be added. Thank you \~ Mod Team **1. I am new. Where should I learn from?** Zerodha has an excellent learning resource - [Zerodha Varsity](https://zerodha.com/varsity/). Go through it. Further learning depends on what you want to learn (Intraday equity, swing trading, F&O, Forex, etc). Depending on your... 2 10 replies
I can see the recent market is dropping. I would like to know is this the right time to buy? 4 2 replies
I am thinking of buying some stocks as an early investing but I have some doubts. I thought of buying some stocks as an early investor, but I am not sure which exchange is the best. I would like to get some recommendations for which exchange to choose from. 5 1 replies