IPO Rush Drains Secondary Market Liquidity; Ajay Bagga On Primary Market & NSE IPO

Primary market activity is drawing significant liquidity away from the secondary markets, as a large number of IPOs, OFS transactions and upcoming listings keep investors focused on listing gains. Speaking to Business Today, senior market veteran Ajay Bagga explains how IPO-related fundraising and disinvestment activity can create an overhang for secondary markets. With nearly 20 IPOs and 13 listings lined up, including the much-awaited NSE listing, primary market momentum remains strong. Bagga also highlights the upcoming Jio IPO and explains why investors are currently favouring primary market opportunities over traditional buy-and-hold strategies in the secondary market. Watch the latest market outlook and analysis.