Unlisted share prices of many companies planning IPOs have fallen sharply in October. This follows a dull period for new listings on the stock market. Some prominent firms have experienced significant drops in their unlisted share values. This trend has created uncertainty for investors in the pre-IPO market. Experts point to high valuations as a key reason for this correction.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,