Indian markets are poised for a fresh rally soon. A recent pullback is seen as a brief pause before the next upward move. The IT sector is experiencing a temporary bounce due to earnings optimism and oversold conditions. Investors should view market dips as buying opportunities. Sector rotation is expected to continue as the overall market trend remains positive.
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next