News From Press High oversubscription in primary market NCDs drives investors to secondary market

High oversubscription in primary market NCDs drives investors to secondary market

Source: Economic Times Aug 9, 2016

Retail investors disappointed with lower allotment in public issues of NCDs have turned to the secondary market now. "There are a number of NCDs listed with different ratings available in the secondary markets. Investors can consider these NCDs from the secondary market which give them equivalent yields," says Rupesh Bhansali, Head (Distribution), GEPL Capital.

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