“There is nothing called sitting on cash because this is a bull market. You will have enough opportunities maybe coming your way but you have to see where you can deploy your cash. Also, the dollar weakness is here to stay. I see no recovery. I would say the dollar is going to double digits over a period of time.”
Wakefit IPO: Check GMP, price band, review, subscription and other details
Wakefit Innovations, known for its mattresses, is launching its IPO with a positive grey market outlook. The company is raising over Rs 1,200 crore. Despite