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alex 🎩
@proxystudio.eth
what was your biggest trading win this week?
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Whyshock 🎩
@whyshock
Still first day of the week!
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alex 🎩
@proxystudio.eth
"Bajaj Housing Surges 136% in Best-Ever India Debut for Big IPOs" nice
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Whyshock 🎩
@whyshock
Almost 1% of India’s GDP was locked in to buy the IPO. Didn’t know that that much disposable income was there. TP : 250 minimum.
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alex 🎩
@proxystudio.eth
What’s the context? Why such universal buy in
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Whyshock 🎩
@whyshock
It boils down to Trust , age old institution offering something after many years , but the Indian IPO market has been really hot this year. And the alpha lies here https://www.sebi.gov.in/reports-and-statistics/research/sep-2024/study-analysis-of-investor-behavior-in-initial-public-offerings-ipos-_86385.html
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