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Markets / The Economic Times

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Foreign outflows and IPO frenzy draining market breadth, says Sandip Sabharwal

Despite Nifty's record highs, market sentiment has cooled due to weak broader participation. Expert Sandip Sabharwal highlights relentless foreign selling and a massive IPO pipeline absorbing domestic liquidity as key drivers. While foreign investors are exiting the secondary market, they are investing in IPOs.

3 Dec 2025 11:57 am