Veteran investor Sandip Sabharwal has cautioned that India’s ongoing IPO frenzy may be masking deeper concerns about transparency and earnings quality. He highlighted a pattern of companies turning profitable only before their listings, adding that heavy promoter selling and institutional interest are overheating the primary market while keeping secondary sentiment subdued.
Dalal Street Week Ahead: Nifty seen consolidating further before next directional move
The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed