Business Standard

Saturday, February 08, 2025 | 12:47 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Big IPO winners in India take a beating in global equity selloff

The slump comes on the back of fading risk appetite for equities as global central banks prepare to tighten monetary policy to quell inflation

ipo
Premium

Ashutosh Joshi and Nupur Acharya | Bloomberg
India’s new stock listings are losing their edge as a worsening outlook for global equities leads investors to take profit from high-profile consumer technology stocks that debuted with inflated valuations. 
 
The S&P BSE IPO Index, which tracks firms for two years since their listing, has plunged about 10% since the start of the year and is headed for its worst month since March 2020 when the pandemic took hold. 

The slump comes on the back of fading risk appetite for equities as global central banks prepare to tighten monetary policy to quell inflation. In the U.S., more than two-thirds

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in