SBI, BoB, GIC Re shares in focus as NSE may cut IPO price

SBI, Bank of Baroda and GIC Re shares are in focus following reports that NSE may lower its IPO price to ₹1,700 from ₹1,785 per share. The exchange may also reduce the OFS size to 5.5% from 6%, potentially raising ₹24,300 crore and valuing NSE at up to ₹4.42 lakh crore, compared with its earlier target of around ₹5.26 lakh crore.