Tirthankar Patnaik, the India Strategist at Mizuho Bank, says one overhang on the markets would be the supply of equity in the form of initial public offers (IPOs), qualified institutional placements (QIPs), and other capital raises lined up for the year. Edited excerpts of a talk with Puneet Wadhwa:
Are the markets ripe for a correction?
Are the markets ripe for a correction?
With key triggers behind us and a broad-based earnings recovery still elusive, we would not be surprised if large-caps undergo a time-correction to digest recent gains. The run-up in the mid-cap and small-cap space has been even sharper and we do see pockets of
