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Indian primary markets see record IPOs but long-term wealth creation tells a different story. Only a fraction of companies outperform the broader market over time. Investors are cautioned against IPO euphoria. Patience and selectivity are key to sustainable wealth. Valuations in mid and smallcaps remain a concern. Consumption and IT sectors show promise. FII ownership is currently low, offering comfort.
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News and Media
The U.S. Department of Transportation said Tuesday that it was threatening to withhold $128 million in highway funds because a federal audit had revealed illegally-issued commercial drivers licenses in Illinois.
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The platform's plan to roll out global age checks has caused concern in streaming communities.
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News and Media
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