Muthoot Finance struggles at Listing today…hovering around Issue Price of Rs 175…Hold for now

We are approaching 11.30 am and Muthoot Finance has listed today and is struggling to stay over it’s IPO Price of Rs 175 after opening at 198 on BSE…Low recorded is Rs 170 and it’s currently threatening to break this Low too….Nearly Nine Million Shares have been traded on BSE till now at an average of just above Rs 177

My advice to allottees is to hold for now…the worried sentiment is playing it’s game all around with dull quotes and trades on nearly all scrips