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“It all comes back to the horizon of investing. As long as you are comfortable with the medium- to long-term investment horizon and you are comfortable with the sectors and companies' financials, then there is no reason for anybody to kind of look at exit. One should continue to hold on to good quality stocks.”
Honasa Consumers Rs 1,700 crore IPO opened for public subscription on Tuesday. It is offering the shares at a price band of Rs 308-324 each.
SoftBank Group's Arm Holdings soared almost 25% above its Nasdaq debut price on Thursday, valuing the company at $65 billion.
The company has already decided to allocate 55,59,664 equity shares to anchor investors at Rs 1,618 apiece, valuing the transaction size to Rs 899.55 crore.