In a rare television appearance on Tuesday, Nirmal Bang's managing director and promoter, Kishore Bang, offered a bullish long-term outlook for Indian markets, stating that the current conditions are "part and parcel of every bull run."
Kishore Bang pointed to the robust fundamentals of the national economy as the primary driver for his optimism while also referring to the ongoing IPO fervour.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
"From a long-term perspective, the market looks good," Bang told NDTV Profit. "I say bull run because the dynamics of the Indian economy is such that the market looks good."
Bang believes that excess domestic liquidity, driven by domestic flows and robust mutual fund investment trends, have led to an IPO frenzy.
"There is too much liquidity in the domestic markets," he said, explaining that this leads to a "pipeline of IPOs, which get oversubscribed."
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.