State bank of India right issue was oversubscribed, as i have asked additional share, but they did not allot?
What does that indicate ?
should we buy from market for more gain ?
State bank of India right issue was oversubscribed, as i have asked additional share, but they did not allot?
What does that indicate ?
should we buy from market for more gain ?
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Well if you have to buy from market please wait. You know the markets are in bear grip ?
normally for the rights issue, u will be eligible for a specific no. of shares based on ur current holding.
Of courseu can purchase additional shares in the market. SBI is a great story and definitely a blue chip.