Kotak Institutional Equities MD says India has 'two stock markets in one'
What happened
According to a headline from The Core, the managing director of Kotak Institutional Equities said India has two stock markets in one. The article text was not available, so the specific details of his argument are unknown.
When it started
The story was trending in India around 31 October 2026, based on the trend start time. The exact publication date of the original article is not confirmed.
How it spread
The claim was reported through a Google News link to The Core's article. The headline is the only source material available, so the full context and supporting evidence could not be checked.
Why it matters
The headline suggests a view that India's equity market is split into two distinct segments, but the source does not explain what those segments are or why the MD holds this view. Readers should check the full article for the reasoning.