Latest news

Vivek Agnihotri on Anurag Kashyap’s Oscar comment: 'Why is he so scared of 'The Kashmir Files?’

Vivek Agnihotri on Anurag Kashyap’s Oscar comment: 'Why is he so scared of 'The Kashmir Files?’

Misogyny, harassment, depression! Indian Women’s Fours team’s arduous journey to CWG gold

Misogyny, harassment, depression! Indian Women’s Fours team’s arduous journey to CWG gold

Harmeet Singh Pathanmajra: Trouble mounts for AAP’s Punjab MLA after ‘intimate video’ goes viral

Harmeet Singh Pathanmajra: Trouble mounts for AAP’s Punjab MLA after ‘intimate video’ goes viral

Manchester United target Casemiro wants to leave Real Madrid, negotiations ongoing: Carlo Ancelotti

Manchester United target Casemiro wants to leave Real Madrid, negotiations ongoing: Carlo Ancelotti

CBI FIR on Delhi excise policy: liquor trader paid Rs 1 crore to Sisodia's associate

CBI FIR on Delhi excise policy: liquor trader paid Rs 1 crore to Sisodia's associate

SBI Cards shares trade at 50% premium in grey markets

Even before the issue opens for the much-awaited SBI Cards IPO, grey market traders forecast the stock to list at around ₹1,100 while the IPO price has been fixed at ₹750-755 per share, the Economic Times reported on Thursday. Unlisted shares of the company are commanding a 50% premium on the IPO price in the grey market. The premium on unlisted shares shot up by ₹100 in the grey market in just one week since the IPO price announcement. Traders say the scrip is demanding ₹370-380 premium per share, which was in the ₹270-280 range a week ago.

Up Next

SBI Cards shares trade at 50% premium in grey markets

SBI Cards shares trade at 50% premium in grey markets

Top 5 'fat-finger' trades that rocked global markets

Top 5 'fat-finger' trades that rocked global markets

Markets on the move: Sensex reclaims 60,000

Markets on the move: Sensex reclaims 60,000

Is India's largest sugar manufacturer bankrupt?

Is India's largest sugar manufacturer bankrupt?

Big Bull Rakesh Jhunjhunwala passes away at 62

Big Bull Rakesh Jhunjhunwala passes away at 62

Syrma SGS Technology IPO open, here is what you need to know

Syrma SGS Technology IPO open, here is what you need to know

More videos

RBI Repo rate hike: Top 10 points that you should know

RBI Repo rate hike: Top 10 points that you should know

Another IPO coming soon from the House of Adani

Another IPO coming soon from the House of Adani

Fed raises rates but Fed Chief Powell's comments power up the markets

Fed raises rates but Fed Chief Powell's comments power up the markets

Zomato delivers ESOP bonanza, shares for Rs 1

Zomato delivers ESOP bonanza, shares for Rs 1

5G auction begins today: Jio, Airtel, Adani in the fray

5G auction begins today: Jio, Airtel, Adani in the fray

Explained: Why Zomato share prices hit record low

Explained: Why Zomato share prices hit record low

NSE gets new MD, CEO: Ashishkumar Chauhan's appointment cleared by SEBI

NSE gets new MD, CEO: Ashishkumar Chauhan's appointment cleared by SEBI

Rupee at 80, hits record low Vs Dollar

Rupee at 80, hits record low Vs Dollar

Rupee at 80, set to hit historic low today vs USD

Rupee at 80, set to hit historic low today vs USD

High Rates vs High Prices: What is worse for this market?

High Rates vs High Prices: What is worse for this market?

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.