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VERIFIEDET Markets·neutral
IPO reality check! Is GMP a useful signal or just market noise? Here’s what experts think
AI Summary
- ·Investors use grey market premium (GMP) to gauge IPO interest and potential returns.
- ·Recent IPO performances of Hero Motors and SBI Funds Management show GMP is not always dependable.
- ·Experts caution that GMP reflects market sentiment but can be driven by speculation and lacks clarity.