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Markets
Kunj Bansal talks about primary markets of today's listing
Kunj Bansal talks about primary markets of today's listing
Kunj Bansal, CIO, Karvy Capital shares insights on today's listing of Fino Payment Bank. The bank was trading at 10% lower than the offer price. PayTM one of the reasonably biggest issues of the recent past 18,000 crores has barely managed to sell through. Here are some issues on which the focus should be the trading which starts at a lower price than the offer price, the follow-up doesn't come. In the case of Anchor book, all the cases have huge demand oversubscription. The valuations of these stocks on the traditional, historical benchmarks there's no way of justifying it hence one should never try it. Watch the entire video to know more.
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