Nithin Kamath warned that surging Margin Trading Facility (MTF) exposure, fueled by aggressive leveraged bets in illiquid mid and small-cap stocks, poses a major systemic risk. He fears sharp market corrections could leave brokers unable to liquidate collateral, leading to significant bad debt.
IPO Calendar: Mainboard IPO of Kusumgar among 3 new public offers on investors radar next week
Kusumgar’s ₹650 crore IPO will open on July 8 with a 33% grey market premium. The engineered fabrics maker, serving defence and aerospace sectors, is