The flood of IPOs in this short period is unlikely to hurt liquidity in the main markets, said bankers. “The money from one issue may not be available for the other; but except for that, the broader market may not see any effect,” said Satyen Shah, president, Nuvama Investment Banking and Fixed Income.
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility
December 23, 2024