A Sebi study has found that 70% of individual investors sell their IPO shares within a year. Investors are more likely to sell shares posting positive returns quickly. The study also highlights a decline in high networth individual participation post-April 2022. Most IPO investors come from Gujarat, Maharashtra, Rajasthan, and Uttar Pradesh.
Accenture’s weak bookings raise AI fears, but Indian IT may weather the storm: Sandip Agarwal
Accenture’s recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI’s impact on the IT services industry. While