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The Economic Times
The Economic Times
Kumar Gaurav

‘Only bullish corner’: Nithin Kamath flags ‘full-on party’ in IPOs amid broader market weakness

Nithin Kamath Zerodha

Indian equity markets may be under pressure, but the primary market is showing a markedly different trend, with a majority of recent mainboard IPOs trading above their issue prices.

Zerodha founder and CEO Nithin Kamath flagged the divergence between the primary and secondary markets in a post on X, calling IPOs the “only bullish corner of the market right now.”

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