Why IPO stocks keep surging after listing: Zerodha CEO Nithin Kamath explains the ‘short trap’
As India’s IPO market continues to see stocks rally for days after listing, Zerodha founder Nithin Kamath has shed light on a technical factor behind the phenomenon: short deliveries and exchange auctions. In a post shared on social media platform X (formerly known as Twitter), Kamath noted that while the demand-supply imbalances and limited free…
