Vodafone Idea FPO Performance

Shivani Nyati, head of wealth at Swastika Investmart, said while the initial selling pressure was on account of investors looking for short-term gains, she does not expect the stock to drop below 11 given the telco's turnaround potential."Aggressive investors with a long-term view might consider holding onto the stock, aiming for a potential rise towards 18 in the future," Nyati said.