We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

Venkat Ramaswamy of Edelweiss Financial Services Views on State of Market

Venkat Ramaswamy of Edelweiss Financial Services has expressed his views on current fall in stock market and his views are as appended below:

Not in the sense that I think the market was looking for a high quality good issue to come about. Reality is that MCX is a very unique story because other exchanges all over the world are at best duopolies. MCX has very strong financials, and if you look at the share holding pattern, it is more than 40% owned by public sector banks. Pricing was in our opinion quite optimum and it left enough on the table for new investors and yet did not give raw deal to the selling share holders, because as you know it was a 100% off of a sale IPO. What I am obviously most heartened by is the extent of public subscription, especially retail subscription which was oversubscribed more than 24 times. I do believe that is a good sign for the market.


The current fall can be attributed to MCX IPO which has sucked in the liquidity from the stock market.

Bookmark us for stock tips and share tips in stock market and make money with our sure tip of the day.

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9