Markets are entering a discerning phase, shifting from narratives to performance. Investors are cautioned against chasing high-P/E small and mid-caps without earnings visibility, as multiple compression is likely. India’s medium-term outlook remains constructive, driven by earnings delivery, global liquidity, and FII flows.
A record run! NSE IPO draws Rs 90,000 crore demand, takes subscription crown among India’s 5 largest offerings
NSE IPO GMP Live Updates: The Rs 22,561.57 crore public issue, the second-largest IPO in India by issue size after Hyundai Motor India, received bids