Market expert Sunil Subramaniam analyzes current market trends, citing low consumer spending, government underspending, and FII selling. He anticipates a market consolidation phase for another month, advising investors to prioritize quality stocks and remain patient. Subramaniam predicts increased government spending, improved earnings, and renewed FII interest by mid-January, driven by upcoming elections and budget expectations.
Ather Energy IPO Day 2: Subscription status, GMP trends, price band to review —Should you apply?
Ather Energy IPO: Retail investors drove demand, subscribing to 94% of their allotted portion, while non-institutional investors (NIIs) subscribed 19%. The Rs 3,000-crore issue is