Indian market suffered one of the biggest falls in its history on Monday as BSE Sensex dropped 10 percent during early trade and trading was halted for 45 minutes.
SBI Cards IPO has received positive ratings from majority of market analysts. State-owned banking major SBI's cards division has witnessed positive growth in the last few years.
Indian markets traded range-bound on Tuesday after major fall on Monday. The markets could continue in the range and higher levels could see selling pressure.