Secondary markets may be subdued in short term on large IPO inflows: Jio BlackRock CIO
Rishi Kohli, chief investment officer at Jio BlackRock Mutual Fund, predicts that the upcoming IPOs of Jio Platforms and NSE could temporarily affect the secondary market due to diverted liquidity. However, mutual funds are expected to remain stable, with sustained retail participation and selective opportunities in sectors such as pharma, banking, and IT.