Retail investors return to stocks as IPO appetite cools in FY27

Retail investors have sharply increased their purchases of listed stocks in FY27, reversing FY26’s IPO-heavy trend as better valuations and a thin supply of compelling new issues reshape equity flows.Retail investors have sharply increased their purchases of listed stocks in FY27, reversing FY26’s IPO-heavy trend as better valuations and a thin supply of compelling new issues reshape equity flows. 

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