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Coal India IPO

Coal India's IPO is the biggest IPO ever in india after Reliance. Actually many HNI (High Net-worth Individual)'s got lot of interest in this IPO. Some of news agencies said, they even borrowed money with high interest rate for this IPO. IPO is alloted now and Listing may happen on 4th November 2010. We hope it will be good IPO listings.

What to buy?

I am always go for banking sector. To me it is great sector to invest not only for professional but also amateur investor too. The following bank stocks are having possibly 10% to 20% potential upside movement. 1. ICICI Bank 2. Karnataka Bank 3. IOB 4. IDBI 5. Andhra Bank 6. Yes Bank Don't forget to track other top performers in this sector. If possible buy whenever goes down for temporary. 1. State Bank of India 2. AXIS Bank 3. Punjab National Bank 4. HDFC Bank