India anticipates two massive IPOs: the National Stock Exchange and Mukesh Ambani’s Jio Platforms. Local investor sentiment is crucial, especially after a sluggish market and a depreciating rupee. While both companies boast strong market positions, Jio’s fresh capital raise contrasts with the NSE’s offer-for-sale. The success of these listings hinges on attracting retail buyers and ensuring fair pricing, impacting global investors and Ambani’s future ventures.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings
November 9, 2026