NSE share price: How long-term investors can use staggered approach to buy NSE shares
New Delhi, Sept. 26 -- National Stock Exchange (NSE) shares witnessed some profit booking on Friday, September 25, falling 1.4% to Rs.1792 per share on BSE, after gaining nearly 2% in the previous session.
The stock had made its debut on the BSE on Thursday at Rs.1,800 per share, a modest 0.84% premium to its issue price of Rs.1785.
With the stock now trading in the public market, investors looking to hold NSE shares for the long term may be better served by focusing on a gradual accumulation strategy rather than trying to identify the perfect entry point.
According to Apurva Sheth, Head of Market Perspectives and Research at SAMCO Securities, investors should allow the stock to settle after listing and consider staggered buying if the...
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