(Bloomberg) -- A boom in tiny initial public offerings in India may soon be followed by larger deals, broadening options for global investors looking to join...
-- A boom in tiny initial public offerings in India may soon be followed by larger deals, broadening options for global investors looking to join the nation’s equities frenzy.One of the Last Big Bears on Wall Street Turns Bullish on US Stocks
The timing to go public is also influenced by India’s ongoing elections. The poll outcome on June 4 will give a clear picture of political stability and policy continuity, removing any lingering uncertainty for companies. While Indian stocks have beaten emerging market peers on the back of domestic fundamentals, poll jitters in recent weeks stoked volatility. With Prime Minister Narendra Modi widely expected to secure a third term, India bulls are optimistic the outperformance will resume soon.
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