A Busy Week for Primary Market as Nine IPOs Attract Bids Worth Rs 1. 4 Lakh Crore India's primary market has been abuzz with activity this week, as nine initial public offerings (IPOs) have attracted a whopping Rs 1.
4 lakh crore in bids. The influx of fresh capital is undoubtedly good news for the economy, but it also raises important questions about the sustainability and equity of these investments.
At the heart of India's IPO bonanza lies a tale of two markets: one driven by fundamentals, the other by speculation.