Mega IPOs from NSE and Reliance Jio are sparking liquidity concerns, but Motilal Oswal AMC's Prateek Agarwal believes ample capital awaits. He suggests successful listings could boost market participation. While large IPOs might temporarily pressure large-cap stocks due to institutional fund flows, current valuations are attractive, and easing macroeconomic worries offer a positive outlook. Even a weak monsoon could benefit industrial output before agricultural impacts surface.
Motilal Oswal AMC's Prateek Agarwal believes upcoming mega IPOs from NSE and Reliance Jio will not drain market liquidity due to ample capital on the sidelines. He suggests successful listings could actually enhance market participation. Agarwal notes current valuations are…
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