Emergence of Rs 2.5 lakh crore IPOs by 2026 could lead to ‘liquidity drain’, says HDFC Securities; pins Nifty at 28,720

As the Indian stock market heads into 2026, it faces an unusual paradox. On the one hand, optimism is growing around growth, earnings recovery and policy support. On the other hand, a flood of new listings threatens to put pressure on liquidity and test investors’ appetite. According to HDFC Securities, the year ahead could very […]