IPO frenzy may be nearing a peak; investors need to be selective: Abakkus' Aman Chowhan

The current rush to invest in Initial Public Offerings (IPOs) might be cooling down, according to Aman Chowhan of Abakkus Asset Manager. He suggests that the market is becoming more selective, warning that the current frenzy could be reaching a peak. This shift in sentiment is important for investors as it signals a move away from indiscriminate buying toward a more cautious approach.
Despite the broader caution, Chowhan remains optimistic about specific sectors. He highlighted strong demand for stocks in the wires and cables space, even with the entry of major players like UltraTech. Additionally, he noted that rising copper prices could provide a tailwind for cable manufacturers, presenting a potential opportunity for focused investors.
Excerpt from CNBC-TV18
Aman Chowhan of Abakkus Asset Manager remains positive on liquor stocks, metals and wires and cables, with strong demand supporting the latter despite UltraTech’s entry. Rising copper prices could also benefit cable makers. The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the…Read the original at CNBC-TV18
Key takeaways
- Category: IPO.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.













