Primary market bull rally comes to a grinding halt. Will LIC IPO revive it?

Last December, 17 companies raised over Rs 16,700 crore through public issues in 23 trading sessions. That was no mean feat. The Indian equities market had become jittery since the third week of October, when it scaled record-high levels. Between then and the New Year, benchmark indices crashed nearly 6,500 points before recouping most of the losses in the second week of January. Concerns over rising inflation and tapering growth coupled with