So after a wait of 2 weeks Adani Power is listed and I was not surprised at listing price. Those who applied and got allotment didn't make any money.I still remember good old days when if an IPO has hype then it will definitely listed with at least 100% gain. This has changed a lot in Indian capital market . Markets are no longer controlled by brokers and HNI. There are big institutional investors who look for fundamental and they have money to expertise to swing stock price.

If you have not applied for Adani and now you are thinking of buying stock in secondary market you are a smart investor.I have no doubt that Adani is a good company but not every good company has good stock. At Rs 100 adani is little expensive. Sometime market test investors patine. This is that time. I will recommend to be patient and look for any market week ness. If market goes down adani will be biggest heart because many investors have applied on this stock by borrowing and they will run to stop their losses and sell at whatever price they can. Someone's loss will be your gain. NO regrets that's what happens in stocks.

If you see Adani power below 75 buy it. If you see below 60 add more into it.Remember that you are building a portfolio for future.