19-11-2021, 01:02 AM
The question now looming over the $3.5 trillion stock market is whether the optimism that drove IPO fundraising and the benchmark S&P BSE Sensex to record highs has gone too far.
“This kind of a plunge, frankly, has come as a surprise considering the euphoria surrounding the primary market,” said Yasha Shah, head of equity research at Samco Securities Ltd.