After months, investors are finally willing to invest in PSU stocks: Shashank Khade

In chat with ET NOW, Shashank Khade, Senior VP, Kotak AMC PMS explains how IPOs have changed investor mindset.

Two IPOs have led to positive gains for investors and you are claiming that the world has changed?

CARE and PCJ Jewellers were oversubscribed substantially showing you that there is appetite for IPOs.

After a long time, people invested in government stocks. After a long time, you have seen a change in mindset of investors, willing to invest in stocks like NMDC. It is not a question of how much money did they make but of whether people are willing to invest in these companies at all. That is a big change.