A massive 49 per cent surge on debut, the first-ever stock exchange to get listed in India, the first listing of calendar 2017 – the listing of BSE shares created all the buzz on Friday. The stock, which listed at a 36 per cent premium over issue price, rallied further to hit a high of Rs 1,200 apiece within the first hour of trade. At this price, the scrip was trading 49 per cent above its issue price of Rs 806. But does it make sense to hold the stock for long term?
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