Positive impactSector
‘Only bullish corner’: Nithin Kamath flags ‘full-on party’ in IPOs amid broader market weakness
Economic Times 1 hr ago·7 Oct 2026, 11:55 am
Indian equities have been under pressure recently, yet a surprising trend is emerging in the Initial Public Offerings (IPO) market. Despite broader market weakness, a significant number of new listings are performing well. Data from Zerodha CEO Nithin Kamath highlights that over two-thirds of mainboard IPOs listed between October 2025 and September 2026 have traded above their issue prices, with median returns of nearly 25%.
This divergence is notable because it suggests that while the overall market sentiment is cautious, investor appetite for quality new listings remains strong. For investors, this indicates that the IPO market is acting as a potential safe haven, offering returns even when broader indices struggle. The resilience of these listings points to a strong underlying demand for high-quality corporate issuances.
Moving forward, investors should monitor the quality of upcoming IPOs and the broader market's recovery. The continued outperformance of these listings could signal a shift in investor sentiment or a sustained appetite for new equity issues. Keeping an eye on the volume and pricing of future IPOs will be key to understanding if this bullish trend in new listings will persist.
Key takeaways
- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update. 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.
