I am noticing that IPO Investments in Punjab & Sindh Bank, Shipping Corporation & MOIL are not moving anywhere. In last two weeks, Stocks have decently appreciated, in general. However, these stay more or less stay the same. We would now book losses (P&S 12%, SCI 21% & MOIL 20%) and shift the capital into Power Finance or some other stock that can move faster.
As mentioned earlier, I reinvested in Power Finance & Innoventive Trades at lower levels. These Trades are showing some profit and I am thinking to en-cash as my sense is that market undertone is still bearish.
Regards, Rohit
As mentioned earlier, I reinvested in Power Finance & Innoventive Trades at lower levels. These Trades are showing some profit and I am thinking to en-cash as my sense is that market undertone is still bearish.
Regards, Rohit
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