Foreign outflows and IPO frenzy draining market breadth, says Sandip Sabharwal
Despite the Nifty’s record highs earlier this week, the market mood has cooled rapidly. The celebratory cheer that typically accompanies fresh peaks failed to sustain as broader participation remained weak, raising concerns about the liquidity dynamics shaping the current rally. Speaking to ET Now, market expert Sandip Sabharwal said the narrow market breadth is being…