SBI Cards IPO has been rated positively by majority of market analysts. The response from retail investors has been very encouraging despite volatility in the stock markets amid coronovirus scare.
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.