Top investor Rakesh Jhunjhunwala says steering away from Indian IPOs
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6 days ago

Top investor Rakesh Jhunjhunwala says steering away from Indian IPOs

India has had a boom in IPOs, with a record $11 billion raised this year. However, high valuations - especially for some recent insurance IPOs - have produced some weak secondary market debuts and weighed on investor sentiment in recent weeks.

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