And though markets are certainly celebrating, from where I sit, a lot of the good news that this rate cut could cement, i.e. the much hoped for soft landing, is already baked into current prices and valuations. So, I would not be at all surprised to see this burst of enthusiasm fade fairly quickly.
Is the grey market premium misleading? Decoding the valuation gap in HDB Financial’s IPO
HDB Financial Services’ upcoming IPO, valued at ₹12,500 crore, sees its grey market premium cooling down, signaling a shift from earlier exuberance. While unlisted shares