Indian Stock Market a 'Bubble of Epic Proportions,' Warns Expert

• Asset manager Siddhartha Bhaiya warns of an "epic bubble" in Indian equities, citing a growing disparity between buyers and sellers.
• Promoters and FPIs are consistently selling, with promoter sales hitting ₹1.55 lakh crore in 2025 and FPIs recording ₹1.56 lakh crore net outflows.
• Retail investors and DIIs are the primary buyers, absorbing supply through direct investments, SIPs, and record IPO participation.
• Many recent IPOs (45% mainboard, 50% SME) are trading below their offer price, leading to significant investor losses.
• Bhaiya cautions retail investors against narratives, urging them to check portfolio P/E multiples and be careful of "Systematic Wealth Transfer."

Why It Matters: Expert warns Indian stock market is an "epic bubble" due to informed selling vs. retail buying, risking investor wealth.