“SBI prioritised real money investors over hedge funds, closing the fundraise at $600 million. After initial price guidance at T+150 basis points, SBI attracted interest from investors for $3.5 billion,” a source told ET on the condition of anonymity. One basis point is a hundredth of a percentage point.
F&O Talk: Nifty loses key supports amid tariff turmoil: what’s next? Preeti Chabra weighs in
President Trump’s tariff announcement triggered volatility across global markets, with Indian indices falling 2.6%. Analyst Preeti K. Chabra shares insights on Nifty, Bank Nifty, and