Zerodha's Nithin Kamath says India's primary market is 'red hot'

Zerodha founder Nithin Kamath says India’s primary market remains “red hot” even as the broader equity market struggles for momentum, with IPOs, Offer for Sale (OFS), and Follow-on Public Offers (FPOs) drawing strong investor interest. In a LinkedIn post , Kamath said the amount raised through the primary market this year is already on track to match or exceed the levels seen in the previous two years. A strong pipeline of companies preparing to go public could further add to the momentum.