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Monday, February 11, 2008
Rel Power debut keeps investors edgy
Some retail investors will be on leave from work to concentrate on listing
Maulik Buch. Vadodara
It is one of the eagerly awaited debuts of the year and the frenzy surrounding it would put a blockbuster release to shame. This is how investors are waiting for the listing of Reliance Power.While the lucky ones who were allotted the shares are expecting it to list at a premium, others are waiting to buy it from the open market.So much is the eagerness among investors that some of them have taken leave from office or are planning to skip some hours of work to concentrate on the market.Jigar Patel , a MCA student and a small investor in the stock market said " I will be skipping few hours of college to take a look at the market as I am keen on purchasing more shares of Reliance Power. I usually buy or sell the scrips on phone, but tomorrow I will personally visit my broker and sit till the session ends, to buy more of the stock at reasonable price."Jinesh Bhatt a relation ship manager with a leading private financial firm said " I have advised my clients to personally remain present during the crucial hours on Monday so that they can evaluate and buy the stock accordingly. Many of my clients will be skipping few hours of work to be present for the scrips listing." Anwar Siddque an investor said "I deal in garments but am a regular investor in the stock market. I just got 15 shares inspite of three full applications in Reliance Power. I expect a huge return from the stock after the Budget. Monday is our off day, but due to the marriage season garment shops will remain open. But I have decided to shut shop for the day to concentrate on the listing. I plan to purchase about 100 shares if the price comes to around Rs 500 and 50 shares if the price is above Rs. 600."
Rel Power debut keeps investors edgy
Some retail investors will be on leave from work to concentrate on listing
Maulik Buch. Vadodara
It is one of the eagerly awaited debuts of the year and the frenzy surrounding it would put a blockbuster release to shame. This is how investors are waiting for the listing of Reliance Power.While the lucky ones who were allotted the shares are expecting it to list at a premium, others are waiting to buy it from the open market.So much is the eagerness among investors that some of them have taken leave from office or are planning to skip some hours of work to concentrate on the market.Jigar Patel , a MCA student and a small investor in the stock market said " I will be skipping few hours of college to take a look at the market as I am keen on purchasing more shares of Reliance Power. I usually buy or sell the scrips on phone, but tomorrow I will personally visit my broker and sit till the session ends, to buy more of the stock at reasonable price."Jinesh Bhatt a relation ship manager with a leading private financial firm said " I have advised my clients to personally remain present during the crucial hours on Monday so that they can evaluate and buy the stock accordingly. Many of my clients will be skipping few hours of work to be present for the scrips listing." Anwar Siddque an investor said "I deal in garments but am a regular investor in the stock market. I just got 15 shares inspite of three full applications in Reliance Power. I expect a huge return from the stock after the Budget. Monday is our off day, but due to the marriage season garment shops will remain open. But I have decided to shut shop for the day to concentrate on the listing. I plan to purchase about 100 shares if the price comes to around Rs 500 and 50 shares if the price is above Rs. 600."
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