OMCs a short-term play; beware of froth in IPO market: Nitin Raheja

Nitin Raheja says: “There is a lot of visible froth that we see in the IPO markets presently. But there is just so much domestic liquidity today and that is prevailing and chasing. Also, if you see promoters selling, the way PE and VCs have been selling, point to froth in the market and one has to be careful.”

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