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IPO view:
PNB may be like ICICI Pru- disappoint; Varun may surprise
PNB Housing
Kostak around Rs 700-750
GMP around 50-60
But some brokers suggest it may end up like ICICI Pru so be CAREFUL.. Apply but be cautious
Varun
Kostak almost no trade
GMP also Rs 10
But may surprise in POSITIVE... may apply 1 lot
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