Grey Market In Share Bazar: GMP, Kostak Rate
What is the Grey Market? Grey Market IPO is an unofficial market in which individuals buy and sell IPO shares or applications before they are officially available for trading on the stock exchange. There are no rules governing this unofficial over-the-counter market. Everything is done on a one-to-one basis using cash. Third-party firms such as SEBI, Stock Exchanges, or Brokers are not involved in such transactions. Traders in the grey...