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India's IPO boom defies its battered stock market

Dubai: The Indian stock market is having a difficult year, however its IPO market is telling a completely different story. According to a recent Reuters report, the Nifty 50 posted its eighth consecutive weekly decline in the 1st week of October, extending its longest losing streak in 25 years. But on the other hand we saw companies continuing to tap investors for fresh capital via the stock…

India's IPO boom defies its battered stock market

We haven't written up this one. Gulf News has the full story — the link below goes straight to it.

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