Zerodha co-founder Nithin Kamath says the current wave of initial public offerings (IPOs) is creating a “full-on party” even as the broader stock market appears to be weakening. Speaking in response to market conditions, he characterises the overall market trend as one that “feels like a bear market,” contrasting it with comparatively upbeat sentiment around new listings.
Outlets report that Kamath’s comments reflect a divergence between IPO activity and wider equity performance. While some parts of the market may face caution during downturns, IPOs continue to attract attention, suggesting sustained demand for new public issues. The coverage is largely focused on Kamath’s analogy and his interpretation of why IPO momentum can persist alongside weaker broader market sentiment.
