Thursday, January 18, 2024

IPO rush isn#39;t a bubble, but out of 10 issuances, we may pick 1 or 2: Bandhan AMC’s Manish Gunwani

IPO rush isn#39;t a bubble, but out of 10 issuances, we may pick 1 or 2: Bandhan AMC’s Manish Gunwani For sectors like railways and defence, the fiscal deficit poses a risk, potentially slowing down government driven capex from the current growth rate of 25-30 percent to 10-15 percent, says the CIO-Equity at the fund house

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/ipo-rush-isn39tbubbleout10-issuances-we-may-pick-1-or-2-bandhan-amc’s-manish-gunwani_17404531.html

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...