Pranav Haldea from Prime Database Group stated that exits worth Rs 4.27 lakh crore this year mark a maturing capital market. Such exits allow for new capital deployment. Over Rs 16,000 crore was raised in August, hinting at strong ongoing market momentum with numerous companies filing for IPOs in 2024.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to