Retail frenzy drives 61 SME IPOs to 100–1,000x subscriptions in 2025; 15 turn multibaggers

The euphoria for new listings among retail investors has continued in 2025, with a majority of SME issues receiving a strong response from the Street, as several offerings witnessed subscription levels crossing 100 times, despite market regulator SEBI tightening norms for SME IPOs. Robust participation from retail investors in these issues was largely driven by…

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Expert view: Broad-based rallies in mid, small-caps like the past cycle unlikely in 2026, says Anand Rathi Chairman

Expert view on Indian stock market: Pradeep Gupta, Chairman and MD of Anand Rathi Share and Stock Brokerssays 2025 was a year of consolidation, and the market returns will be more earnings-led than valuation-led in 2026. For mid and small-cap segments, Gupta said that well-capitalized companies with pricing power and balance-sheet strength can outperform, but…

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‘We are the Lakshmi Mittals of AI industry…’: Deepak Shenoy on why Indian investors should not fear missing AI boom

As the artificial intelligence (AI) theme dominates global headlines and US tech giants invest billions of dollars in the sector, many Indian investors are gripped by a familiar anxiety: Are we missing the AI ​​bus? The AI ​​boom this year has benefited global markets from the US, China, to Hong Kong. Indian investors have suffered…

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