The current bull run in India caused a major wealth transfer from poor to rich: Shankar Sharma

Market veteran Shankar Sharma has sparked a new debate over the nature of India’s stock boom, arguing that the ongoing bull market represents one of the largest cash transfers in the country’s history, benefiting promoters, founders, foreign funds and intermediaries far more than the average private participant.In a post on At a minimum, he noted, […]

‘Dumb money chases dumb IPOs’: Shankar Sharma on Indian public markets amid Lenskart rumors

In a sharp critique of India’s IPO ecosystem, veteran investor and GQuant Investech founder Shankar Sharma has described India’s public markets as the “dumbest in the history of IPO markets”, a sentiment sparked by the recent pre-IPO activity surrounding Lenskart. Sharma pointed to what he called a systemic pattern of retail investor manipulation and flawed […]