CNBC's Inside India newsletter: IPO boom looks to break new records
Publishing timestamp: 2024-06-13 12:09:47
Summary
India's IPO market is booming with a flood of new listings and significant funds raised. Tech startups are looking to go public, and foreign companies are eyeing India's growth. Concerns over elevated valuations exist, but optimism remains. Major League Cricket is attracting big backers, while Indian companies face challenges like selling fake medical devices. Aviation sector faces external pressures, and Indian stocks are moving cautiously post-election results. RBI expected to hold interest rates.
Sentiment: MIXED
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