Finally got my first ipo allotment for 1 lot today in Jio and i am holding a huge gain of approx Rs 3k unrealised, waiting for some more upside in the next 2-3 days and then exit maybe.So, i got my chunk of profit in that 6453 cr.
Bhai, market ko direction nahi mil rahi aur finfluencers ko explanation dene se fursat nahi. Har move ke baad nayi theory, har reversal ke baad nayi story.
The real controversy is whether Jio’s IPO is creating value or simply giving investors a new price tag for a business they already partly own through Reliance.
If Jio gets a premium valuation while Reliance falls, the market may be signalling that the conglomerate discount is real — or that IPO hype is doing the heavy lifting. Are retail investors getting a genuine growth opportunity, or just paying a premium for the same Reliance story in a new wrapper?
Exactly bhai I got a pretty amazing return by selling all my allotted shares today, got more than what I was expecting. So for now I’m in the “don’t know, don’t care” zone Maybe the extreme hype is still playing out, but I’ll definitely keep tracking it.