NSE's grey market premium jumps to ₹285 after SEBI's IPO nod

Following SEBI's approval for the National Stock Exchange's (NSE) initial public offering, grey market activity surged. According to tracking platform IPO Watch, the NSE IPO's GMP reached ₹285, up ₹85 from ₹200 in the previous session. Analysts expect a potential price band of ₹1,800-₹1,900, with the IPO likely to list in late September.