Upcoming IPO wave could strain market liquidity in India
Indian stock markets climbed as Brent crude prices dipped toward $70 per barrel and the pace of FPI selling began to slow. However, a massive lineup of upcoming IPOs might put liquidity to the test, with 238 firms aiming to raise roughly ₹4.7 lakh crore. This surge features anticipated public offerings from major entities like Jio Platforms, NSE, and SBI Funds Management.